ZEN to ZEC conversion chart
Horizen to Zcash correlation
According to the correlation analysis, ZEN and ZEC have a strong relationship with each other and are correlated. Whenever there is a change in the price of ZEN then ZEC also tends to follow the same pattern and move together.
Live Horizen Price Change and Market Cap
Today, 1 ZEN is worth 0.2001 ZEC. From the Horizen price chart, we can see that the 24-hour change is -8.80%. Its circulating supply is 286.55 ZEN and the market capitalization today is $295. In the previous 24 hours, the Horizen price reached a maximum price of 0.2034 ZEC and a minimum price of 0.1896 ZEC.
Horizen Price Prediction
Horizen token reached its historic maximum price of $168.15 on May 8, 2021. $3.09 is its all-time low, observed on July 31, 2017. As of August 2023, it is 94% down from the ATH and 202% up from the all-time low.
It could be said that the outlook on ZEN is very bullish. In 2023, the ZEN price forecast is $15 maximum. By 2025, ZEN is expected to rise to $24 US dollars. A 2030 price prediction for Horizen gives an even higher target at $75.
ZEN to ZEC exchange margin
Considering today’s exchange rate, a transaction of 1 ZEN to ZEC would result in an output of 0.2001 ZEC.
How to convert Horizen to Zcash
Horizen and Zcash comparison
Horizen (formerly ZenCash) is a privacy-focused cryptocurrency that aims to provide secure and anonymous transactions. It utilizes a decentralized network of nodes to maintain privacy and security. Horizen also offers a platform for building dApps, enabling developers to create their own privacy-focused applications on the blockchain.
Zcash is a privacy-focused decentralized cryptocurrency launched in the year 2016. The project addresses the privacy concerns of Bitcoin and aims to provide anonymity to the users. Zcash features shielded addresses in which it encrypts the transaction data and addresses on the blockchain. Zcash uses the zk-SNARK, a zero-knowledge proof to verify transactions on the blockchain. It also uses a mining algorithm called Equihash to issue new coins. Zcash trades with the ticker ZEC and is the go-to choice if staying anonymous is your top priority while making a transaction.
What is Horizen (ZEN)?
Horizen (formerly ZenCash) is a privacy-focused cryptocurrency and blockchain platform that aims to empower individuals and businesses with secure and private transactions. With its unique privacy features such as zero-knowledge proofs and secure nodes, Horizen ensures anonymity and confidentiality. The Horizen cryptocurrency (ZEN) is used for transactions, staking, and participating in the platform's governance. In addition to its privacy focus, Horizen also offers sidechain functionality, allowing developers to build decentralized applications and customize their own blockchain solutions. With a strong emphasis on privacy and usability, Horizen aims to provide a secure and decentralized ecosystem for individuals and businesses to transact and communicate privately.
Horizen to Zcash price details
ZEN to ZEC Conversion Rate and Price
Currently, the conversion rate for 1 ZEN equals to 0.2001 ZEC. The 24-hour highest price of Horizen in relation to ZEC was 0.2034 ZEC and the lowest was 0.1896 ZEC. In short, ZEN price in relation to ZEC changed by -8.80%.
Instantly Exchange ZEN to ZEC
On ChangeHero you can instantly exchange Horizen for Zcash without signup. You can easily convert ZEN to ZEC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your ZEN to ZEC exchange.
ZEN to ZEC Best Rate Exchange
For the Best Rate exchange of Horizen to Zcash, we search through various exchanges for the ZEN to ZEC pair and find the best rate available in the market. We provide you with an estimation of the amount of ZEC you will receive.
As soon as you accept the terms and the ZEN is deposited, the exchange will be automatically processed. We remind you that the final amount of ZEC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ZEN to ZEC.
ZEN to ZEC Fixed Rate Conversion
For the Fixed Rate exchange of Horizen to ZEC, ChangeHero finds a good rate for the pair ZEN to ZEC and fixes the rate for up to 15 minutes. In the Best Rate exchange of ZEN to ZEC, you will receive the exact amount of ZEC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ZEC address. ChangeHero is the best place to exchange ZEN to ZEC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ZEN to ZEC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange ZEN to ZEC?
No, you do not require an account to swap ZEN to ZEC on ChangeHero. There will be no registrations for your Horizen to Zcash transaction.
Do I need to go through KYC procedures for ZEN to ZEC exchange?
There will be no KYC for the ZEN to ZEC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ZEC to ZEN?
Yes, you can instantly exchange ZEC to ZEN on ChangeHero.
