Tezos Tops 24 Hour Volume of $26.69 Million (XTZ)

Tezos (XTZ) traded up 3% against the US dollar during the one day period ending at 0:00 AM Eastern on August 6th. During the last week, Tezos has traded 12% lower against the US dollar. Tezos has a market cap of $653.93 million and $26.69 million worth of Tezos was traded on exchanges in the last 24 hours. One Tezos coin can currently be purchased for approximately $0.66 or 0.00001157 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.12 or 0.00000219 BTC.
• Terra Classic (LUNC) traded 2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 3.4% lower against the dollar and now trades at $0.36 or 0.00000633 BTC.
• Terra (LUNA) traded up 5.8% against the dollar and now trades at $0.32 or 0.00000558 BTC.
• GXChain (GXC) traded up 1.6% against the dollar and now trades at $0.36 or 0.00000632 BTC.
• Adshares (ADS) traded 0.9% lower against the dollar and now trades at $0.23 or 0.00000398 BTC.
• BitShares (BTS) traded 0.4% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Tezos Coin Profile

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,013,617,275 coins and its circulating supply is 993,068,993 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. Tezos’ official website is www.tezos.com. 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 purchase alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView