Tezos (XTZ) Trading Down 1.6% Over Last 7 Days

Tezos (XTZ) traded up 5.3% against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on February 25th. During the last week, Tezos has traded 1.6% lower against the US dollar. One Tezos coin can currently be bought for about $0.39 or 0.00000582 BTC on major exchanges. Tezos has a total market capitalization of $414.88 million and $14.28 million worth of Tezos was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded up 1.8% against the dollar and now trades at $0.29 or 0.00000431 BTC.
• Terra Classic (LUNC) traded 4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.0764 or 0.00000115 BTC.
• Terra (LUNA) traded 1.2% higher against the dollar and now trades at $0.0624 or 0.00000094 BTC.
• GXChain (GXC) traded down 0.2% against the dollar and now trades at $0.36 or 0.00000546 BTC.
• Adshares (ADS) traded 4% higher against the dollar and now trades at $0.55 or 0.00000834 BTC.
• BitShares (BTS) traded down 0.2% against the dollar and now trades at $0.0011 or 0.00000002 BTC.

Tezos Coin Profile

Tezos (XTZ) uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,096,602,053 coins and its circulating supply is 1,076,542,995 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 message board is forum.tezosagora.org. Tezos’ official website 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 presently possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tezos using one of the aforementioned exchanges.

XTZ/USD price chart by TradingView