Zcash Trading 15.4% Higher Over Last 7 Days (ZEC)

Zcash (CURRENCY:ZEC) traded 1.7% lower against the U.S. dollar during the one day period ending at 10:00 AM Eastern on February 15th. Zcash has a market cap of $1.54 billion and $91.48 million worth of Zcash was traded on exchanges in the last 24 hours. In the last seven days, Zcash has traded 15.4% higher against the U.S. dollar. One Zcash coin can now be purchased for $470.27 or 0.04780640 BTC on cryptocurrency exchanges including Gate.io, Bit-Z, BTC-Alpha and GOPAX.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Bitcoin Gold (BTG) traded up 2.8% against the dollar and now trades at $130.52 or 0.01326800 BTC.
  • Komodo (KMD) traded up 24.8% against the dollar and now trades at $5.40 or 0.00054943 BTC.
  • ZClassic (ZCL) traded down 5.1% against the dollar and now trades at $157.53 or 0.01601370 BTC.
  • ZenCash (ZEN) traded 4.6% higher against the dollar and now trades at $41.90 or 0.00425988 BTC.
  • Hush (HUSH) traded 7% higher against the dollar and now trades at $2.78 or 0.00028237 BTC.
  • Zero (ZER) traded up 6.1% against the dollar and now trades at $1.73 or 0.00017554 BTC.

Zcash Coin Profile

Zcash (CURRENCY:ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 28th, 2016. Zcash’s total supply is 3,284,756 coins. Zcash’s official message board is forum.z.cash. The official website for Zcash is z.cash. Zcash’s official Twitter account is @zcashco and its Facebook page is accessible here.

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/ “

Buying and Selling Zcash

Zcash can be traded on the following cryptocurrency exchanges: Mercatox, BX Thailand, CoinExchange, LocalTrade, Binance, CoinEx, The Rock Trading, Altcoin Trader, Tux Exchange, Bit-Z, CEX.IO, Gate.io, Upbit, HitBTC, Trade Satoshi, BCEX, Exmo, GOPAX, Bitfinex, LiteBit.eu, BigONE, Cryptomate, Exrates, Cryptopia, BTC-Alpha, Kraken, OKEx, Allcoin, YoBit, Waves Decentralized Exchange, Poloniex, Coinrail, WEX, Lbank, Qryptos, Bitlish, C-CEX, Bittrex, Abucoins, Coinroom, Huobi and Bithumb. It is not presently possible to buy Zcash directly using U.S. dollars. Investors seeking to acquire Zcash must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Zcash using one of the aforementioned exchanges.

Receive News & Updates for Zcash Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Zcash and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.

Leave a Reply