Tezos Trading 0.5% Higher This Week (XTZ)

Tezos (XTZ) traded 0.2% higher against the US dollar during the 24-hour period ending at 20:00 PM ET on May 8th. Tezos has a market cap of $904.00 million and approximately $29.50 million worth of Tezos was traded on exchanges in the last 24 hours. In the last seven days, Tezos has traded 0.5% higher against the US dollar. One Tezos coin can now be bought for $0.92 or 0.00001502 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 1.8% against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Terra Classic (LUNC) traded up 1.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 4.7% against the dollar and now trades at $0.62 or 0.00001003 BTC.
• aelf (ELF) traded down 1.6% against the dollar and now trades at $0.54 or 0.00000877 BTC.
• GXChain (GXC) traded 3% lower against the dollar and now trades at $0.40 or 0.00000649 BTC.
• Adshares (ADS) traded up 1.7% against the dollar and now trades at $0.41 or 0.00000669 BTC.
• BitShares (BTS) traded down 2.5% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Tezos

XTZ uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,001,547,724 coins and its circulating supply is 980,981,088 coins. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official message board for Tezos is forum.tezosagora.org. Tezos’ official website is www.tezos.com. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here.

According to CryptoCompare, “Tezos is an open-source platform for assets and applications that can evolve and upgrade itself without having to split the network. It uses a proof-of-stake consensus mechanism and allows for formal verification to increase security. Users can participate in the consensus process by “baking”, or they can delegate their rights to other users. Arthur Breitman and Kathleen Breitman are the two main creators of Tezos, and a group of developers and researchers have joined them to create the platform.”

Tezos Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView