   ZEC Price | SimpleFX                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Zcash", "description": "Trade Zcash with SimpleFX. Real-time cryptocurrency trading with competitive spreads, and professional trading platform.", "identifier": "ZECUSD", "category": "Cryptocurrency", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/zecusd" }, "url": "https://basitfx.com/instruments/zecusd", "sameAs": [ "https://z.cash/" ], "offers": { "@type": "Offer", "price": 521.69, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.34 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "ZECUSD Trading", "description": "Learn how to trade ZECUSD with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/zecusd" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Crypto", "item": "https://basitfx.com/instruments/?category=crypto" }, { "@type": "ListItem", "position": 4, "name": "ZECUSD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Zcash (ZECUSD) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Zcash (ZECUSD) is a cryptocurrency CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on ZECUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on ZECUSD at SimpleFX is 0.34 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for ZECUSD?", "acceptedAnswer": { "@type": "Answer", "text": "ZECUSD can be traded with up to 1:10 leverage on SimpleFX, which corresponds to a margin requirement of 10.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is ZECUSD margined in?", "acceptedAnswer": { "@type": "Answer", "text": "ZECUSD positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for ZECUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for ZECUSD on SimpleFX is 100. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   ZECUSD

[ZEC Price](https://app.basitfx.com/instruments/ZECUSD)
=======================================================

Zcash
-----

521.42 USD

\-38.54 (-6.89%)

1H

4H

1D

1W

1MN

ZECUSD Key Statistics
---------------------

Open price

559.64

High today

563.38

Low today

509.98

52 Week high

743.36

52 Week low

33.695

##### Trading hours

\-12:00

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UTC 00:00

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UTC 00:00

Sunday

\-

Monday

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Tuesday

\-

Wednesday

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Thursday

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Friday

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Saturday

\-

##### Symbol trading specification

Description

ZECUSD

Exchange

OTC

Base Currency

ZEC

Quote Currency

USD

Contract size

100

Margin

10.00%\*

\* for 1:1000 account leverage

Tick size

0.01

Target Spread

0.34

Stop levels

0

Swap - Buy

\-0.0654%

Swap - Sell

\-0.0654%

Minimum contract size

0.01

Maximum contract size

10

Type

Crypto

[Trade Zcash](https://app.basitfx.com/instruments/ZECUSD/chart)

### 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](/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](/how-to-invest-in/ZECUSD) on the SimpleFX platform.

#### ZECUSD price history

2018 The cryptocurrency market experienced a significant downturn in 2018, commonly called the "crypto winter." Zcash was not immune to this trend, and its price followed a downward trajectory. By December 2018, the price had fallen to approximately $60 per coin.

2019 During 2019, Zcash's price remained relatively stable, with some fluctuations. It started the year at around $60 per coin and ended at a similar level, closing at approximately $29 per coin.

2020 In the first half of 2020, Zcash's price fluctuated between $40 and $70 per coin. However, towards the latter half of the year, the price experienced a significant surge, reaching around $100 per coin. The price closed the year at approximately $77 per coin.

2021 **ZECUSD price** saw significant volatility in 2021, coinciding with the broader cryptocurrency market rally. It started the year at around $77 per coin and reached its highest point in May, exceeding $335. However, following this peak, the price gradually declined and closed the year at approximately $120 per coin.

2022 At the beginning of 2022, Zcash's price experienced a downward trend, reflecting the overall market sentiment. The price fluctuated between $90 and $150 per coin throughout the year, with a slight overall decline. It closed the year at around $90 per coin.

#### ZECUSD market cap

ZECUSD market cap is not permanent and changes due to various factors. Investors should keep tabs on the chart above - an updated market cap is shown next to it.

#### Is ZECUSD a good investment?

Zcash has gained attention for its emphasis on privacy and has become popular among individuals and organizations concerned about their financial transactions being exposed on a public blockchain. Both businesses and organizations looking to protect sensitive information and people who value financial privacy have used it.

However, before you start trading ZECUSD, it is worth familiarizing yourself with the risks of investing in cryptocurrencies. These are highly volatile assets that can cause you to lose funds.

[Read more Close](#)

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