27.92 USD
+1.09 (+4.06%)

ZECUSD Key Statistics

Open price
26.84
High today
28.24
Low today
26.43
52 Week high
45.18
52 Week low
15.64
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification

About ZECUSD

ZECUSD shows the exchange rate between Zcash crypto (ZEC) and the US dollar (USD). Zcash is a digital currency created in 2015 and aims to be more private and secure than other digital currencies like Bitcoin. A group made of scientists and engineers led by Zooko Wilcox-O'Hearn, who started Zerocoin Electric Coin Company (ZECC).

What is Zcash?

ZECUSD is a trading symbol representing the cryptocurrency Zcash vs. the US dollar. Shows how many dollars are needed to buy 1 Zcash (ZEC).

Zcash is a digital cryptocurrency created in 2015 to provide enhanced privacy and security features compared to other cryptocurrencies like Bitcoin. It was developed by a team of scientists and engineers led by Zooko Wilcox-O'Hearn, who founded Zerocoin Electric Coin Company (ZECC), now known as Electric Coin Company (ECC). Investors can find out how to trade ZECUSD on SimpleFX platform.

How does Zcash work?

What sets Zcash apart from other cryptocurrencies is its implementation of zk-SNARKs (zero-knowledge Succinct Non-Interactive Arguments of Knowledge).

These are cryptographic proofs that enable the verification of transactions without revealing the details of the transaction itself. This technology allows Zcash users to shield the sender, recipient, and transaction amount, providing strong privacy guarantees.

However, it's important to note that Zcash offers optional privacy features. While shielded transactions provide anonymity, users can also conduct transparent transactions similar to Bitcoin, which are visible on the blockchain. This optional feature allows for compliance with regulatory requirements and promotes wider adoption. Traders have a chance to learn more about how to invest in ZECUSD on the SimpleFX platform.

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