Zcash (ZEC)
Rank #11
Market snapshot
- Price
- $563.65
- Market cap
- $9.5B
- 24h volume
- $673.6M
- Circulating supply
- 16,828,616.9155
- Total supply
- 16,828,616.9155
- Max supply
- 21,000,000
What is Zcash?
Zcash (ZEC) is a cryptocurrency designed to provide enhanced privacy features for its users. It operates on a decentralized network that allows for peer-to-peer transactions. Zcash employs zero-knowledge proofs, specifically zk-SNARKs, to ensure that transaction details remain confidential while still being verifiable on the blockchain.
Key information
- Symbol
- ZEC
- CMC rank
- #11
- Network / platforms
BNB, BNB Smart Chain (BEP20), Near
- Categories
- Mineable, Proof of work
- Date added
- Oct 29, 2016
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
BNB
0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eebBNB Smart Chain (BEP20)
0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eebNear
zec.omft.near
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Zcash?
- Zcash (ZEC) is a cryptocurrency that focuses on privacy and security in transactions.
- What are the risks associated with transferring Zcash?
- Users should verify the contract address and network before transferring assets, and be aware of the volatility in digital asset prices.
- How can I verify Zcash before acquiring it?
- Verify the asset name, network, and any supplied contract details before transferring.
- Where can I find official resources for Zcash?
- Official resources for Zcash can be found at their website, GitHub repository, and block explorers.
