Tezos (XTZ) recorded 0.2% low against the US dollar in a 24-hour period that ended at 9.00AM ET. In the past week, XTZ traded at 1.6% against the greenback. As of this writing, Tezos has a market capitalization of $824.82 million. In the last 24 hours, $905,652.00 worth of ZTZ exchanged hands. The digital asset sells at $1.35 or the equivalent of bitcoin on various exchanges including Coinone, HitBTC, Gate.io, and Gatecoin.
Launched on July 1, 2017, Tezos utilizes the hashing algorithm. The cryptocurrency has a total supply of 763,306,930 coins as of this writing, with a circulating supply of 607,489,041 XTZ coins. Tezos has official website and a message board. It also has presence on Reddit and GitHub.
Tezos platform has the following features:
Onchain governance: Tezos protocol has a formal process by which stakeholders can efficiently govern the protocol and implement future innovations.
Security: The Tezos network facilitates formal verification. This enables users to secure smart contracts and avoid buggy code.
Proof-of-Stake: Tezos utilizes Proof-of-Stake consensus algorithm, which provides every user with the opportunity to participate in the confirmation of transactions on the network. In doing so, the protocol rewards them.
Where can you trade Tezos coin?
Tezos (XTZ) is available on various cryptocurrency exchanges such as Coinone, HitBTC, Gate.io, and Gatecoin. Currently, it is not possible to purchase Tezos directly using fiat currency such as US dollars. Those who would like to trade Tezos have to first buy Ethereum (ETH) or Bitcoin (BTC). This is done on a crypto exchange that deals in U.S. dollars such as GDAX, Gemini, or Changelly. They can then be able to acquire Tezos (XTZ) using ETH or BTC on the mentioned exchanges.
Disclaimer: This is not a trading or investment guide. Cryptocurrencies are highly volatile. Before you invest, do your research, and consult a financial expert for advice.