Live ZCash Price
Currently, ZCash price is $119.41 with a circulation supply of 11216512.50 ZEC.
ZCash price chart
Live ZCash Price Change and Market Cap
Currently, ZEC price is $119.41. From the ZCash price chart, we can see that the 24-hour change is -12.20%. The total market capitalization of ZCash is $1339345812.69 with a circulation supply of 11216512.50 ZEC and the trading volume (24H) is $8141513.02. In the previous 24 hours, ZCash price hit highs of $123.68 and lows of $113.60.
ZCash Price Prediction
In the early days of the launch itself, Zcash reached its all-time high, $5,941.80 on 29 October 2016. Another significant rise in Zcash price was seen during the 2017-2018 market rally in which ZEC price hit $891.44 in early January 2018. Correction took place in the following year, where Zcash price dropped to the levels of $50. In 2019, Zcash price fluctuated and closed the year at $27.82. Except for the short bear market, 2020 has been good for Zcash. By June, Zcash price crossed the fifty dollar mark.
There is a diversified opinion on Zcash price for 2020. A bullish and believable trend showed that Zcash price will be around $70. Another pessimistic Zcash price prediction hints that ZEC price will depreciate to $26. Zcash is expected to perform well in the long-run. By 2025, Zcash price will cross the hundred dollar mark and we wouldn’t be surprised if one ZEC crosses $300. A few more years ahead, 2030 to be precise, Zcash price will be sky-rocketing as ZEC is one of the few tokens to serve the privacy niche.
On ChangeHero, you can exchange ZCash against a wide range of cryptocurrencies. For your ZCash exchange, we offer two types of rates – Best Rate, Fixed Rate. In the Best Rate ZCash exchange, you will be given the best available rate in the market. Please note that the final amount of crypto you receive may differ slightly from the estimate. In the Fixed Rate ZCash exchange, we freeze a good rate for 15 minutes, it’s optimal to avoid price fluctuations during the ZCash exchange. In any case, we process your ZCash exchange in a few minutes and deliver crypto safely to your wallet.
How to exchange ZCash
ENTER THE AMOUNT & PROVIDE YOUR ADDRESS
Confirm your transaction
Wait for the exchange to complete
What is ZCash?
Bitcoin allowed people to conduct peer-to-peer transactions without the involvement of third parties. However, Bitcoin is transparent and transactions can be traced back to a person’s identity and lack privacy. Zcash resolves this issue by providing a greater level of privacy to the users during a transaction. Zcash was founded by the Electric Coin Company in 2016 using the Bitcoin source code.
Zcash uses the zero-knowledge proofs aka zk-SNARKs to provide privacy to the users. With the help of zk-SNARKs, transactions can be confirmed on the blockchain without revealing the amount and addresses involved. Zcash also enables revealing of this info for audits purposes and supports transparent transactions as well. ZEC is the trading ticker for Zcash and it can be traded or used to purchase goods and services at select merchants.