What is Tezos?
Tezos is a self-amending open-source Crypto Blockchain ledger that can facilitate P2P transactions simultaneously. The platform is considered an alternative to the Ethereum blockchain and does support smart contracts, allowing developers to deploy and build dApps. Tezos also symbolizes XTZ is a native currency of the Tezos blockchain and is used as governing token to help users initiate transactions on the network and vote for the future decisions of the ecosystem.
A cutting-edge consensus process built on liquid proof of stake allows all users to contribute and rephrase the platform.
Who Created Tezos?
Tezos was proposed in 2014 by Kathleen Breitman and her husband Arthur. Soon after, Bitcoin gained a lot of attention from investors and influencers around the world. However, written in oCAML programming language, Tezos was initially released in 2018. Arthur Breitman played a significant role in the development of Tezos Blockchain because of his experience as a former engineer at Google X and Waymo, with also having expertise as a quantitative analyst.
Where is Tezos Located?
It has its headquarters in Zug, Switzerland, and was created in 2018, except for residents of the US and Russia, Afghanistan, Belarus, Burundi, the Central African Republic, Cuba, and the Democratic.
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Is Tezos Safe?
Tezos are far more difficult to return and trace because they are on the internet, making them much easier to steal. Although Tezos are safe by themselves, their security depends on the wallet that holds them. Securing your Tezos must be a top priority, just like any other investment. As safe as the wallet that houses your Tezos is, you can protect your Tezos and other cryptocurrencies with the help of Ledger hardware wallets and Ledger Live.
Is Tezos a Good Investment?
Tezos is a flexible platform that may be used for a variety of tasks, such as creating non-fungible tokens (NFTs) and decentralized applications (dApps), thanks to its ability to run smart contracts. The idea received hundreds of millions of dollars in finance very fast.
Tezos Price Prediction
If the increasing trend persists until 2025, it might hit $4.07, and XTZ might make money. The objective might not be accomplished if the market declines. In 2025, it is anticipated that XTZ will sell for an average price of $3.72 and a low of $3.49.
Tezos will finally surpass its previous ATH values and set new price records by the year 2030. The price ranges from $9.30 at its lowest point to $9.88 at its highest point, averaging out to $9.53.
Tezos Comparison
Here, we present the verses comparison of Tezos with other well-known cryptocurrencies that have similar characteristics. The following cryptocurrencies that are compared with Tezos are Ethereum and Polkadot. Find out why they are compatible and what similarities and differences they have.
Tezos vs Ethereum
Tezos and Ethereum are incredible projects, each with advantages and disadvantages. The possibility that Tezos could develop more quickly than Ethereum 2.0. As the pioneering blockchain-based platform created specifically for building decentralized apps, Ethereum is the market leader in crypto-utility (dApps.)
Ethereum introduced the capacity to build decentralized applications (dApps), smart contracts, and, most importantly, access to a decentralized network that enables the use of computational resources with a minimum initial outlay.
With its massive ICO, which raised over $232 million in as little as 13 days, Tezos gained an instant savory reputation. In terms of utility and market capitalization, it is one of the top decentralized networks.
Tezos vs Polkadot
Smart contracts and several decentralized applications (DEX) can be created on the Tezos network. The Michelson smart contract language, which is native to the Tezos platform, decreases the likelihood of vulnerabilities while enabling the use of mathematical testing to ascertain the logic underlying each smart contract.
More than 20 partnerships exist with Tezos. The two most recent and appealing are collaborations with Formula 1 teams. On the Tezos blockchain, NFT collections will be made by the Red Bull Racing team and McLaren – along with OKX exchange.
Via the Polkadot relay chain, Polkadot intends to enable an internet where separate blockchains can exchange data and transactions in an untrusted manner. Decentralized institutions, services, and apps are easy to build and link. There is no data on the number of collaborations with Polkadot. Many other cryptocurrency initiatives, like Chainlink, IOST, and the Trace Alliance, have connections with Polkadot.
Where can I Buy Tezos?
Tezos can be bought on crypto exchanges. You can purchase Tezos using a credit or debit card. Before making a purchase, you must first create a Tezos wallet (an account) and get it approved.
Buy it on a cryptocurrency exchange, such as.
Find our Coin Labs’ exclusive referral codes for top exchanges here.
Where to Buy Tezos in US
Thankfully, Coinbase‘s centralized exchange allows you to purchase Tezos. It is quick, safe, and simple. Before making a purchase, you must first create a Tezos wallet (an account) and get it approved.
Tezos How-to
In this section, we will demonstrate step-by-step of utilizing Tezos. The main focuses are,
- How to mine
- How to stake
- How to buy Tezos
Let’s begin!
How to mine Tezos
Itβs not possible to mine Tezos native token XTZ because the blockchain uses a dPoS (delegated Proof-of-Stake) consensus mechanism where instead of mining, transactions are validated via a unique Staking method.
How to stake Tezos
As previously explained, Tezos is a Proof-of-Stake consensus mechanism-based token, which means that its holders can stake it and, in return, get rewarded. Most DEX and Centralized Exchanges, including Binance, offer traders an opportunity to stake their XTZ holdings.
How to buy Tezos
Buying Tezos through different exchanges may seem difficult, but following the correct guide becomes easier. Here is the guide you need to follow.
1. Create an Account
Your Bybit account serves as a portal for purchasing cryptocurrency. To purchase Tezos (XTZ), you must first open an account and provide identification.
2. Purchase
The Bybit website navigation’s top-left “Buy Crypto” link will display the choices accessible in your nation. You can buy it through,
- Debit card
- Bank deposit
- Credit card
3. Store
Once you’ve purchased your cryptocurrency, you can keep it in your personal digital wallet or just keep it in your Bybit account. You can stake it on Binance Earn as a passive income option or exchange it for other cryptocurrencies.
To store Tezos (XTZ), you might want to try Trust Wallet, which supports millions of assets and blockchains if you wish to exchange your Tezos (XTZ) for another cryptocurrency on a decentralized exchange.
We Coin-Labs.com provides only objective information about Tezos.
Therefore, we are not responsible for the investment decision in Tezos and the resulting loss.
Tezos Basics
Here are some factors that investors should consider before investing in Tezos.
| Cryptocurrency Features | Tezos () |
|---|---|
| Publisher or Developers | |
| Headquarters (Registration Number) | |
| Symbol | |
| Platform | |
| Published Date (CMC Registration) | 2024-10-02 |
| Max Supply | 958,691,258,152,859 |
Reliability Score of Tezos in 2024
These are indexes mesuring the investment reliability of Tezos conducted by Coin-Labs.com.
| Investment Reliability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | / 10.0 CAR |
| Communication Rate | / 10.0 CR |
| Technology Transparency Rate | / 10.0 TTR |
| Development Participation Rate | / 10.0 DPR |
| Listing Status on the World's Top 10 Exchanges | Listed on 0 Exchanges |
| Number of Available Pairs Worldwide | 1 Pairs |
| Market Cap of the Cryptocurrency | 6,683,329 USD (Rank #1295) |
The table above shows the result of investment suitability evaluation for Tezos.
Check out how we evaluate cryptocurrencies on the crypto rating description page.
Tezos Price
Here are the price and recent trading volume of Tezos. (Data of 2024-10-03 00:15:00)
| Price Items | Price and Trading Volume of Tezos |
|---|---|
| Tezos Price | 0.000 USD |
| Price Change 24h | -5.48% |
| Price Change 7d | -4.99% |
| Trading Volume 24h | 11 USD |
| Trading Volume Change 24h | -82.47% |
Cryptocurrency Metadata
You can check the development status and social media information of Tezos through the links in the table below.
| Metadata Source | URL |
|---|---|
| π Official Website | |
| π White Paper | |
| π°οΈ Source Code (GitHub) | |
| π¦ Twitter | |
| π€ Reddit | |
| πΊ Message Board |
Where to Buy Tezos
Here are the top ten world crypto exchanges where traders can buy Tezos in 2024.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Not listed | |
| Coinbase | Not listed | |
| Kraken | Not listed | |
| KuCoin | Not listed | |
| Bitfinex | Not listed | |
| OKX | Not listed | |
| Huobi | Not listed | |
| Bitstamp | Not listed | |
| Bybit | Not listed | |
| Gate.io | Not listed |
Frequently Asked Questions
What is the current price of Tezos?
Tezos price today is 0.000 USD. Furthermore, the price of Tezos has fluctuated by -5.48% from 24 hours ago, and by -4.99% from a week ago.
Where is Tezos listed?
Currently, it is listed on a total of 0 among the world top 10 exchanges.
What is the market cap of Tezos now?
Currently, Tezos has a market cap of 6,683,329 USD, which is ranking 1295 among cryptocurrencies worldwide.
How much is the trade volume of Tezos?
Currently, 0 coins are circulating through 1 market pairs. As a result, in the last 24 hours, 11 USD of coins were traded in the market.
