Zcash is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by Zooko Wilcox from US and first released October 28th, 2016. Nowadays the cryptocurrency is managed by the Electric Coin Co., an organization based in the US. The coin is Privacy-focused. The official Zcash website is https://z.cash.
As of today, October 27th, 2021, out of totally available 21,000,000 ZEC, 11,726,128 are in circulation. It's possible to mine zcashs. The total market capitalization of zcash is $1,891,762,446, the rank among other cryptocurrencies (based on the capitalization) is #80. The current rate of 1 ZEC is $161.61 USD.
Zcash is a privacy-protecting, digital currency built on strong science. Project development started in 2013: Johns Hopkins University professor Matthew D. Green and his graduate students Ian Miers and Christina Garman proposed a "Zerocoin" privacy protocol, an extension of the Bitcoin protocol that would make bitcoin transactions anonymous by adding the "mixing" capabilities native support. In 2014 Zerocoin developers teamed with scientists and top cryptographers from various countries: Israel Institute of Technology and Tel Aviv University; Massachusetts Institute of technology in the US; UC Berkeley, Technion, etc.
The team decided to enhance the protocol and to use a native blockchain rather than being "a supplement to Bitcoin", the project got name Zerocash Protocol and the Zcash was introduced in 2016. A zero-knowledge proof is a cryptographic principle that allows transactions to be verified without revealing the sender, receiver or transaction amount. Zcash uses "zk-SNARKs", a novel form of zero-knowledge cryptography that shields all the transactions. Like Bitcoin and most of the other cryptos, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash ensures the personal and transaction data remain completely confidential if the sender of a transfer decides so. Selective disclosure allows a user to share some transaction details, for purposes of compliance or audit; fully transparent transactions without any details hidden are also possible, since exchanges, wallet providers and some other businesses usually utilize such forms of transfers.
Zcash is currently supported by 52% of exchanges (11 of 21) currently having active orders at ExchangeRates.Pro: 4 Exchange Brokers, 6 Trading Platforms, 1 eWallets have offers, allowing you to buy and sell ZEC. Let's check and compare which of these exchanges will suit you the best, dear visitor!
There are some worthy and undoubtedly good, trusted exchanges among the ones with ZEC support. One of them, Coinbase e-wallet, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Zcash. The service is extraordinarily fine, very few of the rest 328 exchanges and 4 e-wallet sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Coinbase an ideal e-wallet for purchasing and cashing-out ZEC in United States:
COINBASE is a e-wallet; Coinbase, Inc. (dba Coinbase) had started the project back in June 2012. The company is incorporated in the United States and headquartered in San Francisco. The official street address of Coinbase is 548 Market St #23008 San Francisco, CA 94104. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000159729658. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. e-wallet works with 21 cryptocurrencies and tokens: AAVE, BCHABC, BTC, DAI, DOGE, EOS, ETC, ETH, FIL, ICP, LINK, LTC, MATIC, SKL, SUSHI, UNI, USDC, WBTC, XLM, ZEC, ZRX.
The customers are welcome to buy and sell coins and tokens with 6 national aka fiat currencies: AUD, CAD, EUR, GBP, SGD, USD. Totally 8 payment systems and banks are at your's disposal. Apart from the currencies conversion operations, coinbase.com is offering some other services, that could be interesting for crypto-users, like ATM Cards, Merchant Services, Staking, MasterNodes, etc. (passive income opportunity). Do you like gifts? Coinbase likes it too and they prefer giving, rather than getting! Impressive, right? The features that our users enjoy the most out of this wonderful platform:
Coinbase currently provides 4 ways of purchase and sale Zcashs in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:
People love this e-wallet; our ranking algorithms also came up with a high score. Hence we award Coinbase with a special status: the best e-wallet worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 329 exchange websites and apps! The outline is that coinbase.com is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap zec with fiat (national) currencies. Here are the top four exchanges to buy and sell zcashs in United States:
Are you looking for the best place to buy zcashs? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell ZEC, based on your location and preferences.
At this moment, there are 5 offers to buy Zcash in United States. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 6 ways for you to purchase zcash available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase ZEC crypto:
Even the greatest ZEC HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell zcashs to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 5 opportunities to cash out your zcash coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange zcash to fiat:
Sometimes you may need to transfer the money to another country. If you are holding ZEC, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 5 options to out-exchange the zec to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange ZEC to 44 other cryptocurrencies? It's possible to convert Zcash to/from 90% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 209 swap possibilities with ZEC and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap ZEC with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: