Zcash (ZEC) traded down 6.5% against the US dollar during the 24 hour period ending at 15:00 PM ET on August 4th. During the last seven days, Zcash has traded down 8% against the US dollar. One Zcash coin can now be purchased for $30.33 or 0.00052004 BTC on major exchanges. Zcash has a total market capitalization of $495.18 million and $70.00 million worth of Zcash was traded on exchanges in the last 24 hours.
Here is how similar cryptocurrencies have performed during the last 24 hours:
- Bitcoin Gold (BTG) traded 5.8% lower against the dollar and now trades at $22.40 or 0.00038404 BTC.
- Horizen (ZEN) traded down 2.9% against the dollar and now trades at $8.27 or 0.00014190 BTC.
- Pirate Chain (ARRR) traded 2% lower against the dollar and now trades at $0.16 or 0.00000273 BTC.
- Komodo (KMD) traded 4.2% lower against the dollar and now trades at $0.23 or 0.00000390 BTC.
- ZClassic (ZCL) traded 5% lower against the dollar and now trades at $0.0472 or 0.00000081 BTC.
About Zcash
Zcash (ZEC) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was October 28th, 2016. Zcash’s total supply is 16,328,269 coins. Zcash’s official Twitter account is @electriccoinco and its Facebook page is accessible here. The official website for Zcash is z.cash. The Reddit community for Zcash is https://reddit.com/r/zec and the currency’s Github account can be viewed here. Zcash’s official message board is forum.z.cash.
Buying and Selling Zcash
It is usually not currently possible to purchase alternative cryptocurrencies such as Zcash directly using U.S. dollars. Investors seeking to acquire Zcash should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Zcash using one of the exchanges listed above.
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