Zcash (ZEC) 24 Hour Trading Volume Tops $69.32 Million

Zcash (CURRENCY:ZEC) traded 4.4% lower against the dollar during the twenty-four hour period ending at 17:00 PM E.T. on February 6th. Zcash has a market capitalization of $1.45 billion and approximately $69.32 million worth of Zcash was traded on exchanges in the last day. In the last seven days, Zcash has traded up 24.9% against the dollar. One Zcash coin can currently be bought for about $441.73 or 0.05207560 BTC on exchanges including WEX, Coinroom, YoBit and Qryptos.

Here is how similar cryptocurrencies have performed in the last day:

  • Bitcoin Gold (BTG) traded up 4.5% against the dollar and now trades at $120.76 or 0.01423690 BTC.
  • ZClassic (ZCL) traded up 31.1% against the dollar and now trades at $145.11 or 0.01710680 BTC.
  • Komodo (KMD) traded 5.6% lower against the dollar and now trades at $4.00 or 0.00047191 BTC.
  • ZenCash (ZEN) traded down 5.7% against the dollar and now trades at $36.60 or 0.00431431 BTC.
  • Hush (HUSH) traded 1.7% lower against the dollar and now trades at $2.32 or 0.00027135 BTC.
  • Zero (ZER) traded 9.6% higher against the dollar and now trades at $1.64 or 0.00019171 BTC.

Zcash Coin Profile

Zcash (ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It was first traded on October 28th, 2016. Zcash’s total supply is 3,272,581 coins. Zcash’s official Twitter account is @zcashco and its Facebook page is accessible here. The official website for Zcash is z.cash. The official message board for Zcash is forum.z.cash.

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/ “

Buying and Selling Zcash

Zcash can be bought or sold on these cryptocurrency exchanges: Bitlish, YoBit, Mercatox, Qryptos, Allcoin, Abucoins, Exmo, BigONE, Binance, Gate.io, LiteBit.eu, Bitfinex, Waves Decentralized Exchange, CoinExchange, Trade Satoshi, CoinEx, Huobi, HitBTC, BX Thailand, Altcoin Trader, Tux Exchange, Coinrail, Bithumb, Bittrex, Lbank, Bit-Z, Kraken, LocalTrade, CEX.IO, Cryptopia, Upbit, C-CEX, Coinroom, Cryptomate, GOPAX, Exrates, BTC-Alpha, BCEX, WEX, The Rock Trading, Poloniex and OKEx. 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Zcash using one of the aforementioned exchanges.

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