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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.
To find out more about the Zcash coin and where to buy it, continue reading.
Best places to buy the Zcash coin online
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.
Buy ZEC with eToro today
Disclaimer
Bitpanda
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
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
I just watched the near-final cut of the @zcashmedia video scheduled for Friday release about 5 times.
If you are a true crypto/zcash fan, you could probably watch it 10x… and each time it may get better.
I may be biased though 🤷♂️#laboroflove #zcash— Francois Delacroix Boreaugard 🛡 (@roommatemusing) April 21, 2022
https://t.co/AZwoBOgsqS will support the upcoming Zcash (ZEC) Network Upgrade.
Full details here: https://t.co/CVJlvmBeaM pic.twitter.com/Y0zGgWArgr— Binance.US 🇺🇸 (@BinanceUS) April 14, 2022
The post Here’s where to buy Zcash (ZEC) coin: it has jumped by 11% over the past week appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.