Zcash price today

Zcash is a digital currency that was created in 2016 by cryptographers and scientists. There are 13 406 219 ZEC coins in circulation, with a maximum supply of 21 000 000 ZEC coins. With the help of our automated cryptocurrency trading platform you can begin trading and investing in cryptocurrencies without difficulty and monitor the zcash price chart live on our trading terminal.

What is Zcash cryptocurrency?

Zcash is a digital currency based on the original Bitcoin technology. Zcash regards itself as a fair and transparent currency. Anyone may spend, send, or receive Zcash, and everyone, regardless of demographics, has equal access.

Zcash differs from other cryptocurrencies in that its transactions are encrypted, allowing users to keep total anonymity. Zcash is also distributed throughout a large network, which makes it more secure and accessible and make zec crypto price less volatile. Our tradingview bot will help you improve your trading outcomes and keep you on track with your trading system.

Unique features of Zcash cryptocurrency

The privacy feature of Zcash is the most crucial characteristic that distinguishes it from other cryptocurrencies. Zcash transactions are entirely shielded, which means the sender, receiver, and amount are all encrypted. This distinguishes it from many other cryptocurrencies, which place a premium on openness. Our copy trading crypto platform will help you start increasing your cryptocurrency investment with complete transparency and control.

  • Zcash was launched on October 28, 2016

  • Special Feature - Shielded Transactions

  • Initial listing on Bifinex exchnage in 2016 with the average with initial zcash coin price of around 58$

Advantages of Zcash cryptocurrency

Zcash brings several significant advantages to the industry. Because the network gives users transparent and confidential transactions, they may make purchases, investments, and gifts with confidence. Here are a few of the network's top features.

Privacy

To encrypt all of the data, the network uses Zero-knowledge proofs. This is a market first, and it has helped Zcash maintain its position as a leading cryptocurrency since its debut.

Zcash cryptocurrency is fungible

When you have fungibility, you have money that can be exchanged for any other currency of the same type and is hard to distinguish from one another. Full fungibility is exemplified by fiat currency.

Scarcity

Another advantage for Zcash cryptocurrency investors is scarcity. In terms of overall coin issuance, the network shares Bitcoin's scarcity. Over the course of the project's lifespan, only 21 million ZEC coins will be minted.

Scalability

Zcash is substantially faster than Bitcoin in processing transactions. It's also easier to scale. Fees and delays negate the market's cash-like qualities when it gets congested. Zcash modifies certain technologies in order to significantly increase Bitcoin's speed.

Zcash cryptocurrency is extremely secure

Zcash has a reputation for being extremely secure. A peer-reviewed scientific approach was used to create this product. As a result of this method, Zcash has become one of the most secure privacy currencies ever created.