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

Tezos (XTZ) traded 2.7% higher against the U.S. dollar during the 1 day period ending at 18:00 PM Eastern on October 20th. Over the last seven days, Tezos has traded 2.9% higher against the U.S. dollar. One Tezos coin can now be bought for approximately $0.71 or 0.00001023 BTC on major cryptocurrency exchanges. Tezos has a total market capitalization of $712.14 million and approximately $16.00 million worth of Tezos was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 2.3% higher 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 1.9% lower 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 Coin Profile

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 message board is forum.tezosagora.org. 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.

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 US dollars. Investors seeking to trade Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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