The price of Zcash (ZEC) has been angling for a major take-off following the upcoming network upgrade that Binance.US will support.
As a result, Invezz has produced an article on where to buy the Zcash coin to assist investors who want to take advantage of the low price before it takes off.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
To find out more about the Zcash coin and where to buy it, continue reading.
Best places to buy the Zcash coin online
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
What is Zcash?
Zcash is a decentralized blockchain network focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology to allow nodes on the network to verify transactions without revealing any sensitive information about those transactions.
The majority of cryptocurrencies in the crypto market, including Bitcoin, are not anonymous, but rather pseudonymous. They do not explicitly reveal the identities of users, but rather reveal the public addresses of the users.
Zcash, on the other hand, unlike pseudonymous cryptocurrencies does not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for auditing or regulatory compliance.
The native token of the Zcash network is called ZEC.
Should I buy ZEC coin today?
If you are looking for a cryptocurrency that has the potential for a major price rise but currently trading at a low price, then Zcash could be a good choice.
However, buying cryptocurrencies can be very risky because the crypto market is very volatile; meaning they experience very large sudden price changes.
Zcash price prediction
According to analysts, Zcash is expected to rally above $175 by the end of this month if it continues on the same trajectory.
$ZEC social media coverage
eToro
10/10
68% of retail CFD accounts lose money
Source: https://invezz.com/news/2022/04/22/heres-where-to-buy-zcash-zec-coin-it-has-jumped-by-11-over-the-past-week/