Exchange ZCash (ZEC) with Lowest Fees

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.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.

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. 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 on the base of the Bitcoin source code.Zcash uses the zero-knowledge proofs (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.