Zcash (ZEC) Price Tops $35.38

Zcash (ZEC) traded down 1.2% against the U.S. dollar during the 1-day period ending at 0:00 AM E.T. on October 13th. Zcash has a market capitalization of $577.70 million and approximately $80.64 million worth of Zcash was traded on exchanges in the last day. One Zcash coin can now be bought for about $35.38 or 0.00055210 BTC on cryptocurrency exchanges. In the last week, Zcash has traded 18.5% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin Gold (BTG) traded 0.4% higher against the dollar and now trades at $22.20 or 0.00034650 BTC.
• Horizen (ZEN) traded up 0.9% against the dollar and now trades at $8.24 or 0.00012857 BTC.
• Komodo (KMD) traded up 1.3% against the dollar and now trades at $0.26 or 0.00000412 BTC.
• Pirate Chain (ARRR) traded up 1% against the dollar and now trades at $0.17 or 0.00000262 BTC.
• ZClassic (ZCL) traded 2.3% higher against the dollar and now trades at $0.0514 or 0.00000080 BTC.

Zcash Profile

ZEC is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on October 28th, 2016. Zcash’s total supply is 16,328,269 coins. The official message board for Zcash is forum.z.cash. Zcash’s official website 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 Twitter account is @electriccoinco and its Facebook page is accessible here.

According to CryptoCompare, “Zcash (ZEC) is a cryptocurrency . Users are able to generate ZEC through the process of mining. Zcash has a current supply of 16,328,268.75. The last known price of Zcash is 36.74412071 USD and is up 3.02 over the last 24 hours. It is currently trading on 381 active market(s) with $81,505,678.16 traded over the last 24 hours. More information can be found at https://z.cash/.”

Buying and Selling Zcash

It is usually not currently possible to buy alternative cryptocurrencies such as Zcash directly using US dollars. Investors seeking to trade Zcash should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Zcash using one of the aforementioned exchanges.

ZEC/USD price chart by TradingView