Zcash (ZEC) traded down -0.54% on American dollar during the 24h period ending 09:00 on June 17th EST. Zcash at this time has a total market cap of $794,655,321 and its 24 hour volume is approximately $48,026,200. In the period of time covering the last 7 days, Zcash is -13.29% against the American dollar along with a movement of -0.52% during the last 60 minutes.
Let’s look at how similar cryptos have faired in the last day:
- Bytecoin (BCN) is now trading at $0.00 against the USD, a 0.32 percent change in the last day. The Bitcoin cost for BCN currently sits at 0.00000064 BTC.
- Litecoin (LTC) is now trading at $96.44 against the USD, a 0.17 percent change in the last day. The Bitcoin cost for LTC currently sits at 0.0148606 BTC.
- Bitcoin Cash (BCH) is now trading at $850.32 against the USD, a -0.06 percent change in the last day. The Bitcoin cost for BCH currently sits at 0.131033 BTC.
- Cardano (ADA) is now trading at $0.16 against the USD, a -0.84 percent change in the last day. The Bitcoin cost for ADA currently sits at 0.00002483 BTC.
Zcash has a maximum supply of 4,157,756 coins. It started on 28th October, 2016.
Quoted from CryptoCompare.com: “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/”
Below are a few handy links if you would like to find out more about Zcash:
ZEC: Trading Info
People can purchase ZEC at trading exchanges like Cryptopia, BXinth, TheRockTrading, Upbit, Bitlish, Exmo, TradeSatoshi, Kraken, TuxExchange, and CoinEx.
It’s not necessarily always possible to buy cryptocurrency like Zcash directly using USD. Traders hoping to attain ZEC will probably need to first pick up Bitcoin or Ethereum from an market place that has USD trading pairs including Coinbase as well as GDAX. Buyers may then use this BTC or Ethereum to buy Zcash using one of the trading exchanges listed above.