Tezos Price Tops $0.61 on Major Exchanges (XTZ)

Tezos (XTZ) traded up 3.6% against the U.S. dollar during the 24 hour period ending at 17:00 PM E.T. on November 5th. During the last week, Tezos has traded 9.9% lower against the U.S. dollar. Tezos has a total market cap of $616.39 million and approximately $23.71 million worth of Tezos was traded on exchanges in the last day. One Tezos coin can now be bought for about $0.61 or 0.00000885 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.7% lower against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Terra Classic (LUNC) traded 4.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.5% against the dollar and now trades at $0.33 or 0.00000478 BTC.
• Terra (LUNA) traded 5.3% higher against the dollar and now trades at $0.31 or 0.00000449 BTC.
• GXChain (GXC) traded down 2.8% against the dollar and now trades at $0.34 or 0.00000498 BTC.
• Adshares (ADS) traded up 2.6% against the dollar and now trades at $0.23 or 0.00000326 BTC.
• BitShares (BTS) traded up 1% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Tezos

Tezos (XTZ) uses the hashing algorithm. Its genesis date was June 30th, 2018. Tezos’ total supply is 1,031,450,898 coins and its circulating supply is 1,010,930,236 coins. 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. The official message board for Tezos 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 possible to purchase alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to acquire Tezos should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tezos using one of the exchanges listed above.

XTZ/USD price chart by TradingView