Zcash (ZEC) One Day Volume Hits $43.77 Million

Zcash (CURRENCY:ZEC) traded down 6.7% against the US dollar during the 24-hour period ending at 21:00 PM Eastern on March 24th. One Zcash coin can now be purchased for $240.38 or 0.02810530 BTC on popular exchanges including Lbank, Waves Decentralized Exchange, Cryptomate and BigONE. In the last seven days, Zcash has traded up 10.4% against the US dollar. Zcash has a total market capitalization of $853.94 million and $43.77 million worth of Zcash was traded on exchanges in the last 24 hours.

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

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  • Bitcoin Gold (BTG) traded down 1.4% against the dollar and now trades at $59.85 or 0.00699805 BTC.
  • ZenCash (ZEN) traded down 0.7% against the dollar and now trades at $18.69 or 0.00218534 BTC.
  • ZClassic (ZCL) traded down 7.2% against the dollar and now trades at $4.83 or 0.00056465 BTC.
  • BitcoinZ (BTCZ) traded 22.4% lower against the dollar and now trades at $0.0026 or 0.00000031 BTC.
  • Zero (ZER) traded 11.3% lower against the dollar and now trades at $1.01 or 0.00011825 BTC.
  • Bitgem (BTG) traded 2.9% lower against the dollar and now trades at $6.28 or 0.00073461 BTC.
  • VoteCoin (VOT) traded down 23.3% against the dollar and now trades at $0.0114 or 0.00000134 BTC.
  • Bitcoin Private (BTCP) traded 8.2% lower against the dollar and now trades at $27.79 or 0.00324933 BTC.

Zcash Coin Profile

Zcash 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 3,552,444 coins. The official website for Zcash is z.cash. Zcash’s official Twitter account is @zcashco and its Facebook page is accessible here. 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/ “

Zcash Coin Trading

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

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