Zcash Price Down 0.3% Over Last 7 Days (ZEC)

Zcash (ZEC) traded down 0.3% against the US dollar during the twenty-four hour period ending at 16:00 PM E.T. on September 18th. Zcash has a total market cap of $484.11 million and approximately $52.75 million worth of Zcash was traded on exchanges in the last day. One Zcash coin can now be bought for $29.65 or 0.00049683 BTC on exchanges. Over the last week, Zcash has traded down 0.3% against the US dollar.

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

• Bitcoin Gold (BTG) traded 2.1% lower against the dollar and now trades at $21.76 or 0.00036470 BTC.
• Horizen (ZEN) traded down 0.7% against the dollar and now trades at $7.80 or 0.00013074 BTC.
• Pirate Chain (ARRR) traded 0.4% higher against the dollar and now trades at $0.17 or 0.00000289 BTC.
• Komodo (KMD) traded 2.4% higher against the dollar and now trades at $0.23 or 0.00000389 BTC.
• ZClassic (ZCL) traded 1% lower against the dollar and now trades at $0.0474 or 0.00000079 BTC.

About Zcash

Zcash is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 28th, 2016. Zcash’s total supply is 16,328,269 coins. Zcash’s official message board is forum.z.cash. 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.

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 currently possible to buy alternative cryptocurrencies such as Zcash directly using US dollars. Investors seeking to trade Zcash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Zcash using one of the exchanges listed above.

ZEC/USD price chart by TradingView