Tezos Hits 1-Day Volume of $16.00 Million (XTZ)

Tezos (XTZ) traded up 2.7% against the US dollar during the 24 hour period ending at 18:00 PM E.T. on October 20th. Tezos has a market capitalization of $712.14 million and $16.00 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be purchased for about $0.71 or 0.00001023 BTC on major exchanges. In the last seven days, Tezos has traded up 2.9% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 0% against the dollar and now trades at $0.16 or 0.00000227 BTC.
• Terra Classic (LUNC) traded up 2.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.1% higher against the dollar and now trades at $0.39 or 0.00000569 BTC.
• Terra (LUNA) traded up 3.8% against the dollar and now trades at $0.38 or 0.00000556 BTC.
• GXChain (GXC) traded down 1.9% against the dollar and now trades at $0.36 or 0.00000515 BTC.
• Adshares (ADS) traded down 16.7% against the dollar and now trades at $0.19 or 0.00000279 BTC.
• BitShares (BTS) traded 3% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Tezos Profile

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,028,219,843 coins and its circulating supply is 1,007,695,028 coins. 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. The official website for Tezos is www.tezos.com. The official message board for Tezos 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.”

Tezos Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to trade Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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