Zcash (ZEC) coin has stood out among other altcoins and it has unleashed a monster bull run after the recent crash. It has gained 36% in the last 14 days and today’s surge signals a major bullish momentum into the future.
As a result, Invezz has produced an article on where to buy the Zcash (ZEC) coin to assist investors who are wondering how to go about it.
To find out more about the Zcash coin and where to buy it, continue reading.
Best places to buy the Zcash coin online
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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 Zcash (ZEC) coin today?
If you are looking for a cryptocurrency that has made a major comeback after the recent drop, 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. Therefore, it is always important to conduct thorough research before investing in any crypto.
Zcash (ZEC) price prediction
According to analysts, Zcash is expected to rally above $160 by end of the first quarter in 2022 if it continues with the current bullish trajectory.
$ZEC social media coverage
The post Zcash (ZEC) coin has gained 11% today: here’s where to buy it appeared first on Invezz.