Tezos Reaches One Day Trading Volume of $21.72 Million (XTZ)

Tezos (XTZ) traded down 2.1% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on January 24th. One Tezos coin can currently be purchased for $0.59 or 0.00000655 BTC on major exchanges. During the last week, Tezos has traded down 6% against the U.S. dollar. Tezos has a market capitalization of $628.31 million and $21.72 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 down 2.5% against the dollar and now trades at $0.29 or 0.00000330 BTC.
• Terra Classic (LUNC) traded up 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.0947 or 0.00000106 BTC.
• Terra (LUNA) traded up 1.8% against the dollar and now trades at $0.0807 or 0.00000090 BTC.
• GXChain (GXC) traded 6.7% higher against the dollar and now trades at $0.60 or 0.00000673 BTC.
• Adshares (ADS) traded up 0.3% against the dollar and now trades at $0.71 or 0.00000799 BTC.
• BitShares (BTS) traded down 0.4% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Tezos Coin Profile

Tezos uses the hashing algorithm. It launched on June 30th, 2018. Tezos’ total supply is 1,093,160,396 coins and its circulating supply is 1,073,100,072 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. Tezos’ official website is www.tezos.com. Tezos’ official message board is forum.tezosagora.org.

According to CryptoCompare, “Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique that mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.Tezos takes a fundamentally different approach to governance by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network. When a developer proposes a protocol upgrade, they can attach an invoice to be paid out to their address upon approval and inclusion of their upgrade. This approach provides a strong incentive for participation in the Tezos core development and further decentralizes the maintenance of the network. It compensates developers with tokens that have immediate value rather than forcing them to seek corporate sponsorships, foundation salaries, or work for Internet fame alone.Blockchain data provided by: Blockchair (main source), TzStats (backup)”

Buying and Selling Tezos

It is usually not currently possible to buy alternative cryptocurrencies such as Tezos directly using U.S. dollars. Investors seeking to trade Tezos should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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