Tezos Price Hits $0.71 on Exchanges (XTZ)

Tezos (XTZ) traded 2.1% higher against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on October 20th. During the last seven days, Tezos has traded 1% higher against the U.S. dollar. Tezos has a market capitalization of $710.76 million and $18.07 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can currently be bought for about $0.71 or 0.00001026 BTC on cryptocurrency exchanges.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000226 BTC.
• Terra Classic (LUNC) traded 2.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.2% higher against the dollar and now trades at $0.39 or 0.00000566 BTC.
• Terra (LUNA) traded up 2.7% against the dollar and now trades at $0.38 or 0.00000552 BTC.
• GXChain (GXC) traded down 4.3% against the dollar and now trades at $0.35 or 0.00000503 BTC.
• Adshares (ADS) traded down 0.7% against the dollar and now trades at $0.23 or 0.00000332 BTC.
• BitShares (BTS) traded down 2.3% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,028,245,761 coins and its circulating supply is 1,007,720,946 coins. Tezos’ official message board is forum.tezosagora.org. 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.

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 acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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