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Zcash (ZEC) price, chart, coin profile and news

Find the latest Zcash (ZEC) price, coin profile, news and history to get you started with Zcash trading and investing.

Zcash
ZEC- USD
$54.69
- $1.14 ( - 2.04%)
ZERO-KNOWLEDGE-PROOFS

What is Zcash?

Zcash (ZEC) is a decentralised open-source cryptocurrency that offers transaction privacy through the use of zero-knowledge cryptography. This means that every transaction is shielded, and it hides the sender, the recipient and the amount of the transaction on the blockchain. However, ZEC is not completely anonymous. Every payment is visible on the public blockchain – only the participants in the transactions and the amounts are hidden.

Zcash (ZEC) is the 65th largest cryptocurrency in the world by market cap, valued at $712,657,758. The current price of Zcash is $55.25, which is -1.874% lower than yesterday. Prices have ranged between $57.18 and $55.26 over the past 24 hours. All prices are listed in US dollars and accurate as of October 02, 2022 05:10 UTC.


Recent Zcash developments

November 2021: Zcash (ZEC) developer, Electric Coin Company (ECC), announced the intention to move the protocol to Proof of Stake (PoS) from Proof of Work (PoW). The team also intends to develop an official ECC wallet supporting features related to the move to PoS. ECC will leverage Cosmos (ATOM) to facilitate the move to PoS.

What is Bnb?

Binance Coin (BNB) is the token native for Binance and its blockchain-based ventures. The coin can be used to interact with the Binance cryptocurrency exchange as well as the ever-evolving DeFi ecosystem on the Binance Smart Chain network.

On the Binance exchange, BNB provides users with discounts on trading fees, serves as a trading pair for coins and is used on the Binance Decentralized Exchange (DEX). Fees paid in BNB are periodically “burnt”, which means they are permanently removed from circulation, which in turn decreases the supply and theoretically increases the value. Binance will continue to burn coins until the supply is reduced from 200 million to 100 million.

BNB is also used on the exchange to participate in launchpad events, which are similar to Initial Coin Offerings (ICO).

On the Binance Smart Chain (a smart contract platform developed by Binance based on Ethereum’s codebase), BNB is used to pay gas fees and has a central role in many DeFi applications (dapps). In this way, it is very similar to the role of ETH on Ethereum.

For instance, users can deposit BNB to provide liquidity on the PancakeSwap DEX or be traded for BEP-20 tokens (The BSC version of ERC-20 tokens).

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Zcash (ZEC) price

Use our graph to track the performance of (ZEC) over time.

Zcash at a glance

Information last updated October 02, 2022 05:10 UTC.
Coin symbol ZEC
Coin Marketcap US$712,657,758
Total ZEC supply 21,000,000
Circulating ZEC 12,872,383
Current price US$55.25
All time high US$3,191.93
All time high date October 29, 2016

Zcash price performance over time

Historical prices compared with the price of US$55.25.

1 hour -0.21%
24 hours -1.87%
7 days -0.72%
14 days -6.01%
30 days -6.55%
60 days -10.80%
200 days -59.61%
1 year -51.83%

Disclaimer: Cryptocurrencies, including Zcash, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ZEC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Zcash or any other cryptocurrency discussed.

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