Zcash Price Reaches $26.38 (ZEC)

was traded on exchanges in the last day. Zcash is a digital currency that offers privacy and selective transparency of transactions.

() fell 5% in value against the US Dollar during the 24-hour period ending at 21:01 PM ET on the 22nd of June. Zcash's market cap is $430.77 millions and the exchanges have traded Zcash worth approximately $21.45million in the past day. Zcash's value against the US Dollar has increased 7.3% over the past week. On cryptocurrency exchanges, one Zcash coin is now available for $26.38 (or 0.00087902BTC).

See how other crypto currencies have performed in the past day.

Bitcoin Gold (BTG), which is currently trading at $12.17, or 0.00040533 BTC, has gained 0.7% in value against the US dollar.

Horizen (ZEN), which is currently trading at $6.67, or 0.00022220 BTC, has traded down 3.2% against the dollar.

Pirate Chain (ARRR), which trades for $0.24 or 0.00000788 BTC, is down 4.5% against the dollar.

Komodo (KMD), which trades for $0.24 or 0.00000809 BTC, is down 0.8% against the dollar.

Bitcoin Private (BTCP), which trades for $0.19 or 0.00000700 BTC, has traded flat with the dollar.

ZClassic (ZCL), which trades for $0.0390, or 0.00000130 BTC, is now 0.6% lower than the dollar.

It is a Proof-of-Work (PoW), coin that uses Equihash as its hashing algorithm. It was traded for the first time on October 28, 2016. Zcash has a total supply of 16,328,269 coin. 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 zero-knowledge protocol zk SNARKs. 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. Those investors who wish to purchase Zcash must first buy Ethereum or Bitcoin on an exchange dealing in U.S. Dollars, such as Changelly Gemini GDAX. MarketBeat.com’s FREE CryptoBeat Newsletter