Tezos (XTZ) Price Tops $0.94 on Major Exchanges

Tezos (XTZ) traded up 3.4% against the US dollar during the 24-hour period ending at 17:00 PM Eastern on May 2nd. Tezos has a market cap of $926.12 million and approximately $26.48 million worth of Tezos was traded on exchanges in the last 24 hours. In the last week, Tezos has traded down 8.2% against the US dollar. One Tezos coin can now be purchased for about $0.94 or 0.00001593 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 2.5% against the dollar and now trades at $0.12 or 0.00000207 BTC.
• Terra Classic (LUNC) traded 5.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded up 5.1% against the dollar and now trades at $0.58 or 0.00000984 BTC.
• aelf (ELF) traded up 6.5% against the dollar and now trades at $0.55 or 0.00000933 BTC.
• GXChain (GXC) traded up 5.9% against the dollar and now trades at $0.39 or 0.00000662 BTC.
• Adshares (ADS) traded up 1.3% against the dollar and now trades at $0.40 or 0.00000667 BTC.
• BitShares (BTS) traded up 3.5% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Tezos Profile

Tezos (XTZ) uses the hashing algorithm. Its launch date was June 30th, 2018. Tezos’ total supply is 1,000,866,138 coins and its circulating supply is 980,299,502 coins. The official message board for Tezos is forum.tezosagora.org. Tezos’ official website 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. Tezos’ official Twitter account is @tezos and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Tezos directly using US dollars. Investors seeking to acquire Tezos should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView