Zcash (ZEC) traded 3.8% lower against the U.S. dollar during the twenty-four hour period ending at 21:00 PM ET on August 4th. One Zcash coin can now be bought for about $30.34 or 0.00054088 BTC on popular exchanges. Zcash has a total market cap of $495.41 million and approximately $69.91 million worth of Zcash was traded on exchanges in the last day. Over the last week, Zcash has traded down 5.5% against the U.S. dollar.
Here is how related cryptocurrencies have performed over the last day:
- Bitcoin Gold (BTG) traded 10.1% lower against the dollar and now trades at $21.34 or 0.00038038 BTC.
- Horizen (ZEN) traded down 3.4% against the dollar and now trades at $8.12 or 0.00014473 BTC.
- Komodo (KMD) traded down 7.3% against the dollar and now trades at $0.22 or 0.00000396 BTC.
- Pirate Chain (ARRR) traded down 6% against the dollar and now trades at $0.15 or 0.00000273 BTC.
- ZClassic (ZCL) traded 4.1% lower against the dollar and now trades at $0.0459 or 0.00000082 BTC.
Zcash Coin Profile
Zcash (ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was October 28th, 2016. Zcash’s total supply is 16,328,269 coins. Zcash’s official Twitter account is @electriccoinco and its Facebook page is accessible here. The official website for Zcash is z.cash. 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 Coin Trading
It is usually not currently possible to purchase alternative cryptocurrencies such as Zcash directly using US dollars. Investors seeking to trade Zcash should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Zcash using one of the exchanges listed above.
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