Zcash (ZEC) One Day Volume Reaches $47.57 Million

Zcash (ZEC) traded up 1.7% against the dollar during the 1 day period ending at 9:00 AM ET on April 21st. One Zcash coin can currently be purchased for approximately $22.95 or 0.00035242 BTC on popular cryptocurrency exchanges. Zcash has a market cap of $374.74 million and $47.57 million worth of Zcash was traded on exchanges in the last day. Over the last week, Zcash has traded up 8.7% against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

  • Bitcoin Gold (BTG) traded up 2.5% against the dollar and now trades at $37.01 or 0.00056834 BTC.
  • Horizen (ZEN) traded up 5.3% against the dollar and now trades at $9.22 or 0.00014157 BTC.
  • Pirate Chain (ARRR) traded 10.3% lower against the dollar and now trades at $0.39 or 0.00000591 BTC.
  • Komodo (KMD) traded 4.3% higher against the dollar and now trades at $0.43 or 0.00000667 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded 1.4% higher against the dollar and now trades at $0.0616 or 0.00000095 BTC.

About Zcash

ZEC is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 28th, 2016. Zcash’s total supply is 16,328,269 coins. The Reddit community for Zcash is https://reddit.com/r/zec and the currency’s Github account can be viewed here. Zcash’s official Twitter account is @electriccoinco and its Facebook page is accessible here. Zcash’s official website is z.cash. The official message board for Zcash is forum.z.cash.

According to CryptoCompare, “ZCash (ZEC) is a digital currency and decentralized open-source cryptocurrency, launched in 2016. It provides users with enhanced privacy and selective transparency of transactions. ZCash is based on the zero-knowledge proof protocol known as zk-SNARKs. This protocol allows the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Transactions can be audited, verified and tracked without revealing the sender, receiver or transaction amount. ZEC is an inflationary currency, with a maximum supply of 21 million coins. It is accepted by a growing number of merchants, exchanges and other services.”

Zcash Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Zcash directly using US dollars. Investors seeking to acquire Zcash should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Zcash using one of the exchanges listed above.

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