Zcash (ZEC) Market Cap Achieves $967.00 Million

Zcash (CURRENCY:ZEC) traded down 2.9% against the US dollar during the 1 day period ending at 7:00 AM ET on March 14th. Zcash has a total market cap of $967.00 million and $47.55 million worth of Zcash was traded on exchanges in the last day. In the last seven days, Zcash has traded down 24.8% against the US dollar. One Zcash coin can now be bought for approximately $278.11 or 0.03204170 BTC on popular exchanges including Huobi, Binance, Altcoin Trader and Cryptopia.

Here is how related cryptocurrencies have performed in the last day:

  • Bitcoin Gold (BTG) traded down 4.2% against the dollar and now trades at $75.60 or 0.00871054 BTC.
  • ZenCash (ZEN) traded down 6.8% against the dollar and now trades at $20.29 or 0.00231872 BTC.
  • ZClassic (ZCL) traded up 5.7% against the dollar and now trades at $8.01 or 0.00092321 BTC.
  • Zero (ZER) traded 9% lower against the dollar and now trades at $0.93 or 0.00010678 BTC.
  • Bitcoin Private (BTCP) traded down 18.7% against the dollar and now trades at $49.55 or 0.00570867 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 3,477,019 coins. Zcash’s official message board is forum.z.cash. Zcash’s official Twitter account is @zcashco and its Facebook page is accessible here. The official website for Zcash is z.cash.

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

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