Zcash current price is $162.40.
Zcash current price is $162.40 with a marketcap of $1.91 B. Its price is -1.22% down in last 24 hours.
- Zcash (ZEC)
- Live Price $162.40
- Market Cap $1.91 B
- Volume $452.57 M
- Available Supply 11.80 M ZEC
- Rank 84
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More Info About Zcash
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.How Zcash worksZcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity.Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing.Zcash also enables users to send public payments which work similarly to Bitcoin. With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly. Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value.Check out CoinBureau for guide on What is ZCash.
Historical Data of ZEC
A Step-by-Step-Guide on how to buy Zcash (ZEC)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Zcash (ZEC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (ZEC) Zcash As soon as your deposit has been affirmed, you'll now have access to your finances and you can launch invest and trading. To purchase Zcash (ZEC) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Zcash (ZEC), you'll need to put the shortname of the coin (ZEC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “ZEC/BTC” to go ahead.
Step 4 – Buy (ZEC) Zcash Once you've spotted Zcash (ZEC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order. The “Price” field will be filled automatically with the latest tariff (ZEC) Zcash was sold for. This can be changed to your desired price. The “Amount” field is the volumen of ZEC you want to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of ZEC. When you are happy, click on “Buy ZEC“. Your order will be filled as soon as a Vendor trades their ZEC for the price you gave.
Step 5 – Withdraw Zcash (ZEC) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time period. To withdraw your (ZEC) Zcash, go to the tab called “Funds” and mouse click on “Withdraw”. Zcash (ZEC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (ZEC) Zcash by using the provided drop-down box. Enter the amount of (ZEC) Zcash you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.