Tezos (XTZ) Price Tops $0.78 on Exchanges

Tezos (XTZ) traded up 3.1% against the U.S. dollar during the 1 day period ending at 22:00 PM ET on July 26th. One Tezos coin can now be bought for $0.78 or 0.00001144 BTC on popular cryptocurrency exchanges. During the last week, Tezos has traded down 3.6% against the U.S. dollar. Tezos has a total market cap of $768.58 million and approximately $18.32 million worth of Tezos was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1% higher against the dollar and now trades at $0.14 or 0.00000203 BTC.
• Terra Classic (LUNC) traded up 3.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 3.9% against the dollar and now trades at $0.41 or 0.00000609 BTC.
• aelf (ELF) traded 2.1% higher against the dollar and now trades at $0.39 or 0.00000581 BTC.
• GXChain (GXC) traded down 9% against the dollar and now trades at $0.35 or 0.00000508 BTC.
• Adshares (ADS) traded 5.7% higher against the dollar and now trades at $0.32 or 0.00000468 BTC.
• BitShares (BTS) traded 2.8% higher against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Tezos Coin Profile

XTZ uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,011,801,236 coins and its circulating supply is 991,249,852 coins. Tezos’ official message board is forum.tezosagora.org. Tezos’ official Twitter account is @tezos and its Facebook page is accessible here. The official website for Tezos 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.”

Buying and Selling Tezos

It is usually not 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView