Tezos (XTZ) Trading Down 1.8% This Week

Tezos (XTZ) traded 0.4% lower against the dollar during the 24 hour period ending at 11:00 AM E.T. on July 31st. One Tezos coin can now be bought for approximately $0.75 or 0.00001127 BTC on exchanges. Tezos has a total market capitalization of $742.78 million and approximately $18.89 million worth of Tezos was traded on exchanges in the last 24 hours. Over the last week, Tezos has traded down 1.8% against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 2.4% lower against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Terra Classic (LUNC) traded down 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 1.5% against the dollar and now trades at $0.40 or 0.00000599 BTC.
• aelf (ELF) traded down 1.6% against the dollar and now trades at $0.38 or 0.00000575 BTC.
• GXChain (GXC) traded 9% higher against the dollar and now trades at $0.38 or 0.00000573 BTC.
• Adshares (ADS) traded 0% lower against the dollar and now trades at $0.30 or 0.00000457 BTC.
• BitShares (BTS) traded down 0.7% against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Tezos Coin Profile

Tezos uses the hashing algorithm. It was first traded on June 30th, 2018. Tezos’ total supply is 1,012,614,029 coins and its circulating supply is 992,062,645 coins. 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. 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.”

Buying and Selling Tezos

It is usually not possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView