ZenCash (CURRENCY:ZEN) traded down 3.8% against the US dollar during the 24-hour period ending at 4:00 AM ET on February 19th. One ZenCash coin can now be bought for $21.66 or 0.00238032 BTC on popular exchanges including Cryptopia, Bittrex, Trade Satoshi and COSS. During the last week, ZenCash has traded down 32.8% against the US dollar. ZenCash has a total market cap of $73.89 million and $793,202.00 worth of ZenCash was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • Bitcoin Gold (BTG) traded 0.7% lower against the dollar and now trades at $79.01 or 0.00868363 BTC.
  • Zcash (ZEC) traded down 2.5% against the dollar and now trades at $284.66 or 0.03128640 BTC.
  • ZClassic (ZCL) traded up 1.7% against the dollar and now trades at $8.13 or 0.00089357 BTC.
  • Zero (ZER) traded 8% lower against the dollar and now trades at $0.95 or 0.00010444 BTC.
  • Bitcoin Private (BTCP) traded 22.8% lower against the dollar and now trades at $51.77 or 0.00568976 BTC.

ZenCash Coin Profile

ZenCash (ZEN) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was March 9th, 2017. ZenCash’s total supply is 3,411,675 coins. ZenCash’s official message board is forum.zensystem.io. The official website for ZenCash is zensystem.io. The Reddit community for ZenCash is /r/ZenSys and the currency’s Github account can be viewed here. ZenCash’s official Twitter account is @zencashofficial and its Facebook page is accessible here.

According to CryptoCompare, “ZenCash aims to be a secure and useful privacy coin, offering users zero-knowledge proof shielded transactions over an end-to-end encrypted network provided by compensated secure nodes. The project launched as a fork of Zcash technology using zk-SNARKs, but is building out in a direction focusing on usability, grassroots community involvement, and a self-funding treasury model that compensates stakeholders for continued network improvements and growth. “

Buying and Selling ZenCash

ZenCash can be bought or sold on the following cryptocurrency exchanges: Trade Satoshi, Cryptopia, COSS and Bittrex. It is not currently possible to buy ZenCash directly using US dollars. Investors seeking to trade ZenCash must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ZenCash using one of the aforementioned exchanges.

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