Zcash (CURRENCY:ZEC) traded 3.4% lower against the dollar during the 24-hour period ending at 11:00 AM E.T. on March 12th. Over the last week, Zcash has traded 27.1% lower against the dollar. Zcash has a market capitalization of $1.01 billion and approximately $53.15 million worth of Zcash was traded on exchanges in the last 24 hours. One Zcash coin can currently be purchased for $290.40 or 0.03127990 BTC on popular cryptocurrency exchanges including Poloniex, BCEX, Coinroom and HitBTC.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- Bitcoin Gold (BTG) traded down 1.3% against the dollar and now trades at $82.24 or 0.00885789 BTC.
- ZenCash (ZEN) traded 8.8% lower against the dollar and now trades at $22.45 or 0.00241861 BTC.
- ZClassic (ZCL) traded 12.3% lower against the dollar and now trades at $8.48 or 0.00091342 BTC.
- Zero (ZER) traded down 13.8% against the dollar and now trades at $1.04 or 0.00011149 BTC.
- Bitcoin Private (BTCP) traded up 14.9% against the dollar and now trades at $75.31 or 0.00812767 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 traded on these cryptocurrency exchanges: Exmo, CoinExchange, Bitlish, HitBTC, Lbank, Tux Exchange, Huobi, WEX, Cryptomate, GOPAX, Upbit, Kraken, Cryptopia, LiteBit.eu, YoBit, Poloniex, Coinroom, Coinrail, Waves Decentralized Exchange, Bithumb, OKEx, Bittrex, BX Thailand, Gate.io, Mercatox, Abucoins, Exrates, BCEX, Qryptos, Bit-Z, Binance, LocalTrade, BigONE, Bitfinex, CEX.IO, CoinEx, Allcoin, Trade Satoshi, BTC-Alpha, C-CEX, The Rock Trading and Altcoin Trader. It is not possible to purchase Zcash directly using U.S. dollars. Investors seeking to trade Zcash must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Zcash using one of the exchanges listed above.
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