How to buy Zcash (ZEC) cryptocurrency
The Zcash tokens is widely distributed to the crypto exchanges. The 53 trading platforms propose 15 pairs. More information, including price prediction, pairs and fees is located above.
Where to buy Zcash
Step 1You need an account with a cryptocurrency exchange that supports Zec. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
|
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 |
|
Digifinex | 0.2 / 0.2 | MEDIUM | Yes | $45856 |
|
XT.COM | 0.2 / 0.2 | HIGH | Yes | $108341 |
|
BKEX | 0.15 / 0.2 | MEDIUM | Yes | $86372 |
|
OKX | 0.1 / 0.15 | HIGH | Yes | $40971 |
|
Phemex | ?? / ?? | HIGH | Yes | $39765 |
|
FinexBox | ?? / ?? | MEDIUM | Yes | $4165 |
|
WhiteBIT | 0.1 / 0.1 | HIGH | Yes | $42302 |
|
KuCoin | 0.1 / 0.1 | HIGH | Yes | $33042 |
|
Kraken | 0.16 / 0.26 | HIGH | Yes | $8116 |
Transfer or buy with peer-to-peer trading one of this coins: XRP, RUB, PLN, USDT, KCS or other.
Step 3Go to spot market on exchange and type the coin name in search box. Choose between available trading pairs, then set order and push Buy ZEC button.
Congratulations!
Once you press "buy" button, the Zec cryptocurrency will be available on your account on the exchange. Remember that only moving your coins off crypto exchange into cold wallet, you can improve protection of your investments. It ain't just lower your risk if your trading platform gets cracked, but if you transfer separate crypto wallet, your Zec coin becomes almost unbreakable. The only disadvantage usually have to pay a small fee to move your tokens off of the crypto exchange.
What is Zcash
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them. How Zcash works Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity. Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography
Video Review
Zcash Explained In Under 60 Seconds
Statistics and Externals
The Zec tokens use Equihash hash algorithm. The genesis challenge was distributed on October 28, 2016.
Price and supply
The current total supply is 21000000, with a circulating supply of 15119465 ZEC as of Nov 2024. The Zcash max amount of coins that will ever exist is 15119465.
The price of Zec token is $43.0725 as of 11:33 AM. The price increased on 1.0863% over the past 24 hours. The recent price action left the token's market capitalization at 290.2 millions USD. In recent 30 days, the Zec crypto increased on 1.19%.
FAQ
What cryptocurrency exchange can I buy Zec crypto?
Zec crypto can be purchased from 53 trading platforms. The list includes: Cryptology, Binance US, MEXC Global, Dex-Trade and CoinEx.
Is Zcash a good investment?
The Zcash coin has a moderate risks of price drop. Because of high volatility of all crypto industry you must understand: learn the risks before you start trading, unexpected changes in market can lead to sharp and sudden moves in price and any cryptocurrency has a possibility price to crash to zero. The other side of that investing in crypto assets is possible extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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