Tezos Trading 8.6% Higher This Week (XTZ)

Tezos (XTZ) traded down 1.6% against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on March 27th. Tezos has a total market cap of $1.33 billion and $51.18 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be bought for approximately $1.36 or 0.00001957 BTC on cryptocurrency exchanges. During the last week, Tezos has traded 8.6% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.12 or 0.00000171 BTC.
• Terra Classic (LUNC) traded 4.2% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Terra (LUNA) traded 7.5% lower against the dollar and now trades at $1.10 or 0.00001583 BTC.
• aelf (ELF) traded down 4.5% against the dollar and now trades at $0.63 or 0.00000909 BTC.
• GXChain (GXC) traded up 0.5% against the dollar and now trades at $0.51 or 0.00000737 BTC.
• Adshares (ADS) traded 2.1% higher against the dollar and now trades at $0.50 or 0.00000719 BTC.
• BitShares (BTS) traded 3.1% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 996,537,636 coins and its circulating supply is 975,898,877 coins. The official website for Tezos is www.tezos.com. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The Reddit community for Tezos is https://reddit.com/r/tezos and the currency’s Github account can be viewed here. Tezos’ official message board is forum.tezosagora.org.

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.”

Buying and Selling Tezos

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

XTZ/USD price chart by TradingView