XTZ to BTC conversion chart
Tezos to Bitcoin correlation
According to the correlation analysis XTZ and BTC have a strong relationship with each other and correlated. Whenever there is a change in the price of XTZ then BTC also tends to follow the same pattern and move together.
XTZ Price Change and Market Cap
Currently, XTZ price is 0.000011 BTC and the 24-hour change is -1.58%. The market cap of Tezos today is $4 with a total of 4.217 XTZ in circulation. In the past 24 hours, XTZ price peaked at 0.00001173 BTC and the lowest price was 0.00001099 BTC.
Tezos price prediction
Tezos is one of the few cryptocurrencies which created a buzz in its early days. In 2017, XTZ had one of the biggest ICOs ever and bagged over $200 Million from the investors. Tezos price saw many ups and downs in 2020, Tezos price at the beginning of the year was just above a dollar. XTZ price took off over the next 45 days and reached a peak of $3.78 on February 20. With COVID-19 and economic unrest, Tezos price fluctuated dramatically and by the end of June, XTZ price was around $2.61.
Analyses show that by 2025 Tezos price is expected to grow further and is likely to be traded in double digits in the range of $14 to $20. This is very much plausible in the event of more Dapps and developments in the network. We have also heard that by 2030 Tezos price will be over a grand, sounds too good to be true and too early to predict.
Tezos Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Tezos, track live XTZ prices and also swap it through ChangeHero without leaving your wallet application.
XTZ to BTC exchange margin
Considering today’s exchange rate, a conversion of 1 XTZ to BTC would result in an output of 0.000011 BTC.
How to convert Tezos to Bitcoin
Tezos and Bitcoin comparison
Tezos is a decentralized blockchain developed by the husband and wife duo – Arthur Breitman and Kathleen Breitman. Tez is the native token of the platform and was issued in 2017 through an ICO. Unlike the rest, Tezos was coded from scratch and aims to deliver a true digital commonwealth to the masses. Tezos is focused primarily on smart contracts and developing decentralized apps. The team claims that the blockchain is self-amended and uses the Liquid Proof-of-Stake mechanism for issuing new coins. Interestingly, the process of staking is called Baking and the participants are called Bakers.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Tezos?
Tezos is a decentralized blockchain for building Dapps and smart contracts. Tezos is initiated by the husband and wife duo Arthur Breitman and Kathleen Breitman in 2014. It took over three years for the project to have an ICO, but the wait is worth as Tezos raised $232 million, making it one of the biggest ICOs ever. At a first glance, Tezos appears to be similar to Ethereum but you may be mistaken. if you believe so. Tezos has several distinctive features such as Self-amendment, On-chain governance and Baking (Staking Tezos) that sets it apart from the rest.
Tezos is coded from scratch and did not adopt any code from other blockchains. Tez is the native cryptocurrency of the network and goes with the ticker XTZ. Tezos uses Liquid Proof-of-Stake consensus algorithm and the process of staking is called as Baking. On-chain governance is employed to avoid any forks in the chain and developers can submit proposals to update the chain in which stakeholders vote to decide. With zk-SNARKS and Tendermint in the roadmap, the future of Tezos looks promising.
Tezos to Bitcoin conversion details
XTZ to BTC Conversion Rate and Price
At the moment, the exchange rate for 1 XTZ equals to 0.000011 BTC. The 24-hour highest price of Tezos in relation to BTC was 0.00001173 BTC and the lowest was 0.00001099 BTC. In short, XTZ price in relation to BTC changed by -1.58%.
Instantly Exchange XTZ to BTC
On ChangeHero you can instantly exchange Tezos for Bitcoin without registrations. You can easily convert XTZ to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XTZ to BTC exchange.
XTZ — BTC Best Rate Exchange
For this type of exchange of Tezos to Bitcoin, we search through various exchanges for the XTZ — BTC pair and find the most competitive rate available in the market. The XTZ—BTC converter provides you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the XTZ is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XTZ to BTC.
XTZ to BTC Fixed Rate Conversion
For the Fixed Rate exchange of Tezos to Bitcoin, ChangeHero finds a good rate for the pair XTZ — BTC and fixes the rate for up to 15 minutes. In the Fixed Rate exchange of XTZ to BTC, you will receive the exact amount of BTC which was shown in the XTZ—BTC converter's estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified BTC address. ChangeHero is the best place to exchange XTZ to BTC fast and safely.
Frequently asked questions
How long does it take to convert XTZ to BTC?
Usually, an XTZ to BTC exchange takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XTZ to BTC?
No, you do not require an account to swap XTZ to BTC on ChangeHero. There will be no registrations for your Tezos to Bitcoin exchange.
Do I need to go through KYC procedures for XTZ to BTC exchange?
There will be no KYC for the XTZ — BTC exchange. However, if during your XTZ to BTC conversion, our threat detection system raises the alarm, the XTZ—BTC swap will be paused and we will ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to XTZ?
Yes, you can instantly exchange BTC to XTZ on ChangeHero.
Buy and sell Tezos
Are you looking to buy Tezos? Now, on ChangeHero you can buy Tezos with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
