Zcash (CURRENCY:ZEC) traded up 3.2% against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on January 28th. During the last week, Zcash has traded down 3.1% against the U.S. dollar. One Zcash coin can now be purchased for $472.95 or 0.04045140 BTC on major exchanges including Cryptomate, Huobi, Waves Decentralized Exchange and Upbit. Zcash has a total market cap of $1.49 billion and $72.82 million worth of Zcash was traded on exchanges in the last day.
Here’s how other cryptocurrencies have performed during the last day:
- Bitcoin Gold (BTG) traded up 3.6% against the dollar and now trades at $190.32 or 0.01627820 BTC.
- Komodo (KMD) traded up 6.4% against the dollar and now trades at $7.13 or 0.00060987 BTC.
- ZClassic (ZCL) traded 2.8% higher against the dollar and now trades at $162.78 or 0.01392290 BTC.
- ZenCash (ZEN) traded up 1.9% against the dollar and now trades at $47.58 or 0.00406919 BTC.
- Hush (HUSH) traded 8.3% higher against the dollar and now trades at $10.41 or 0.00089004 BTC.
- Zero (ZER) traded 1.8% higher against the dollar and now trades at $3.16 or 0.00026996 BTC.
According to CryptoCompare, “ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible. ZCash uses zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARKs) to ensure that all information (sender, reciever, ammount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place. Block explorer data from https://explorer.zcha.in/ “
Zcash Coin Trading
Zcash can be bought or sold on the following cryptocurrency exchanges: WEX, Bitfinex, Allcoin, Altcoin Trader, GOPAX, Binance, CoinExchange, Lbank, CEX.IO, Tux Exchange, CoinEx, Upbit, LiteBit.eu, Qryptos, Exmo, The Rock Trading, Cryptomate, Poloniex, C-CEX, BigONE, Trade Satoshi, OKEx, Bithumb, Mercatox, YoBit, Exrates, Waves Decentralized Exchange, BCEX, BTC-Alpha, Huobi, Cryptopia, HitBTC, Bittrex, Bit-Z, LocalTrade, Bitlish, Gate.io, Kraken, Abucoins, Coinrail, BX Thailand and Coinroom. It is not currently possible to buy Zcash directly using US dollars. Investors seeking to acquire Zcash must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Zcash using one of the exchanges listed above.
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