The US dollar fell 3.6% against the Zcash coin during the day ending at 23.00 Eastern time on the 21st of May. On major exchanges, one Zcash coin is now available for around $31.97 (or 0.00119944 BTC). Zcash's value against the US Dollar has fallen by 3.4% in the last 7 days. Zcash's market cap is $521.97m and in the past day, $15.69m worth of Zcash were traded.
The performance of other crypto currencies in the past day is shown below:
Bitcoin Gold (BTG), which is a derivative of Bitcoin, has traded at $12.79 per 0.00047980 BTC or 0.8% less than the dollar.
Horizen (ZEN), which is a cryptocurrency, has traded down by 3.2% in relation to the dollar. It now trades for $8.24 or about 0.00030932 BTC.
Pirate Chain (ARRR), which trades for $0.27 or 0.00001021 Bitcoin, has fallen 2.8% in value against the dollar.
Komodo (KMD), which trades for $0.30 or 0.00001128 BTC, is down 1.5% against the dollar.
Bitcoin Private (BTCP), which trades for $0.23 or 0.00000853 BTC, has fallen 1.9% in value against the dollar.
ZClassic (ZCL), which is currently trading at $0.0253, or 0.00000095 BTC, has traded 41.7% below the dollar.
It is a Proof-of-Work (PoW), coin that uses Equihash's hashing algorithm. It was launched on 28th October 2016. The total supply of Zcash is 16,328 269 coins. The official website of Zcash is
CryptoCompare states that 'ZCash is an open-source decentralized digital currency launched in 2016'. It offers users enhanced privacy as well as selective transparency in transactions. ZCash uses the zk-SNARKs protocol, which is a zero-knowledge-proof protocol. This protocol allows for the network to keep a secure ledger without disclosing parties or amounts. Transactions can be audited and verified without disclosing the sender or receiver, nor their amount. ZEC is a currency that has a maximum of 21,000,000 coins. A growing number of services, merchants and exchanges accept it.
Zcash Coin Trading
It is not possible to buy alternative cryptocurrencies like Zcash using U.S. Dollars. MarketBeat.com’s FREE CryptoBeat Newsletter