Zcash (CURRENCY:ZEC) traded 11% lower against the dollar during the one day period ending at 0:00 AM ET on February 20th. One Zcash coin can now be bought for $420.59 or 0.03868310 BTC on exchanges including CoinEx, GOPAX, BCEX and LocalTrade. Zcash has a market cap of $1.40 billion and $90.74 million worth of Zcash was traded on exchanges in the last 24 hours. In the last seven days, Zcash has traded 8.2% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

  • Bitcoin Gold (BTG) traded 7.9% lower against the dollar and now trades at $129.31 or 0.01189330 BTC.
  • ZClassic (ZCL) traded 17.9% lower against the dollar and now trades at $151.49 or 0.01393270 BTC.
  • Komodo (KMD) traded down 5.4% against the dollar and now trades at $4.78 or 0.00043948 BTC.
  • ZenCash (ZEN) traded 20.6% lower against the dollar and now trades at $34.50 or 0.00319725 BTC.
  • Hush (HUSH) traded 11.6% lower against the dollar and now trades at $2.23 or 0.00020679 BTC.
  • Zero (ZER) traded down 7.3% against the dollar and now trades at $1.67 or 0.00015500 BTC.

Zcash Coin Profile

Zcash (CURRENCY:ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 28th, 2016. Zcash’s total supply is 3,324,519 coins. The official message board for Zcash is . Zcash’s official website is . Zcash’s official Twitter account is @zcashco and its Facebook page is accessible here.

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

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