Zcash
ZEC
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Zcash price
$248.36
-- (--)
USD
Last updated on --.
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About Zcash
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Layer 1
Zcash’s recent prices
Past year
--
--
3 months
-48.85%
$485.50
30 days
+14.67%
$216.57
7 days
+12.55%
$220.65
Zcash performance
$248.36
Zcash price today
Zcash price today is $248.36, marking a +6.51% over the past 24 hours. On OKX, today’s Zcash trading volume reached 2,072,263, worth over $514.67M.
$720
Zcash all-time high
Zcash achieved its all-time high price of $720 on Jan 12, 2018, (UTC+8). At today's price of $248.36, Zcash price is now -65.51% lower than its historic high.
$248.36
Zcash in USD
The current Zcash to USD conversion rate is $248.36 per Zcash.
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Learn more about Zcash (ZEC)
What's Zcash?
Zcash is a cryptocurrency focused on privacy and anonymity. It addresses the need for secure transactions by allowing users to shield their transaction details. Zcash's primary use case is to provide a private and secure way to transfer digital assets, offering users the option to keep their financial activities confidential while still utilizing blockchain technology.
How does Zcash work?
Zcash operates on a blockchain using a proof-of-work consensus mechanism. It employs zk-SNARKs, a form of zero-knowledge cryptography, to enable private transactions. This technology allows users to verify transactions without revealing sender, receiver, or amount details, ensuring privacy while maintaining the integrity of the blockchain.
What's the total supply of Zcash?
Zcash has a total supply capped at 21 million coins, similar to Bitcoin. The circulating supply is determined by mining rewards, which decrease over time through a halving process. Zcash does not employ burning mechanisms, and its tokenomics are designed to be deflationary, reducing new coin issuance as the network matures.
What determines Zcash's price?
The price of Zcash is influenced by its privacy features, which drive utility and demand. Network usage, such as transaction volume, also impacts its value. Market sentiment, including perceptions of privacy importance, and regulatory developments around privacy coins can affect Zcash's price. Competition from other privacy-focused cryptocurrencies plays a role as well.
Pros and cons of Zcash
- Pros: Offers enhanced privacy features; Strong cryptographic security; Established reputation in privacy coins.
- Cons: Regulatory scrutiny due to privacy features; Limited adoption compared to mainstream cryptocurrencies; Potentially higher transaction fees.
How do I store my Zcash?
Users can acquire Zcash through exchanges like OKX, where it can be traded or held. It can be stored in digital wallets supporting Zcash, with hardware wallets offering enhanced security. Users should safeguard private keys and be cautious of phishing attempts. Availability may vary by jurisdiction, and users should comply with local regulations when using Zcash.
Zcash in the news
Guides
Find out how to buy Zcash
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think. Kickstart your journey on the OKX mobile app, or right here on the web.
Predict Zcash’s prices
How much will Zcash be worth over the next few years? Check out the community's thoughts and make your predictions.
View Zcash’s price history
Track your Zcash’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Zcash on OKX Learn
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Zcash FAQ
Zcash can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Zcash’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Zcash and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Zcash at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Zcash ZEC safely on a trusted exchange like OKX.
Currently, one Zcash is worth $248.36. For answers and insight into Zcash's price action, you're in the right place. Explore the latest Zcash charts and trade responsibly with OKX.
To read this Zcash price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Zcash’s price is updated in real-time on our Zcash price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Zcash ZEC. Refer here for a more detailed guide.
Staking and earning rewards with Zcash are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$4.13B #20
Circulating supply
16.63M / 21M
All-time high
$720
24h volume
$514.67M
Rating
3.2 / 5
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