Connect With Us
Register
Login
XTZUSD definition
XTZUSD is the market symbol for Tezos (XTZ) priced in US dollars, where XTZ is the native token of the Tezos blockchain and USD is the US dollar. The quote shows how many US dollars buy one XTZ. Tezos is a proof-of-stake blockchain known for being self-amending, meaning it can upgrade its own rules through on-chain governance.
To trade XTZUSD you use a crypto CFD, a position on the price that requires no token ownership and no wallet. Take a long position if you expect XTZ to climb, or a short position if you expect it to drop. The pair is quoted in US dollars, trades continuously, and can be volatile in line with the wider crypto market.
Because Tezos can amend itself through governance, holders can vote on protocol upgrades that take effect without splitting the network, which sets it apart from chains that rely on contentious hard forks. XTZ's price is influenced by network adoption, governance and upgrade activity, staking participation, and correlation with Bitcoin, and it competes with other smart-contract platforms such as Ethereum.
XTZUSD Example
Say XTZUSD is trading at 1.00 and you expect a decline, so you short 2,000 XTZ. The price falls to 0.85, a move of 0.15 in your favour per token, so your profit is:
0.15 √ó 2,000 = USD 300
If XTZ had instead risen to 1.15, the same 0.15 move per token against you would have cost USD 300.
Get Started!
Sign up and access the Global Markets in less than 3 minutes
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: [email protected]
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: [email protected]
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: [email protected]
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: [email protected]
Copyright © TMGM. All rights reserved