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Zcash issuance and listing trading platforms at a glance
Zcash, launched in 2016 with a supply cap of 21 million ZEC, is actively traded on both centralized exchanges like Binance and decentralized exchanges like Uniswap.
Oct 04, 2024 at 03:36 am
Zcash Issuance and Listing on Trading Platforms
1. Issuance
- Zcash was launched on October 28, 2016.
- Initially issued with a supply cap of 21 million ZEC.
- New ZEC is created through a process called mining, with a block reward schedule that follows a halving every four years.
2. Trading Platforms
Centralized Exchanges:
- Binance
- Coinbase Pro
- Kraken
- Gemini
- Huobi Global
Decentralized Exchanges (DEXs):
- Uniswap
- SushiSwap
- PancakeSwap
- Kyber Network
- 1inch
3. Listing History
- July 7, 2018: Zcash was first listed on Binance.
- September 17, 2018: Coinbase Pro listed ZEC.
- November 5, 2018: Zcash arrived on Kraken.
- June 13, 2019: Gemini added ZEC to its platform.
- October 29, 2019: Uniswap introduced ZEC trading.
4. Trading Volume and Market Capitalization
- As of February 2023, Zcash has a market capitalization of approximately $1.2 billion.
- Daily trading volume typically ranges between $50-100 million.
- ZEC is typically ranked within the top 50 cryptocurrencies by market cap.
5. Additional Notes
- Zcash is a privacy-oriented cryptocurrency that offers shielded transactions, ensuring anonymity for users.
- ZCash can be purchased using various methods, including fiat currency, other cryptocurrencies, or mining.
- Users should exercise caution when storing and trading ZEC to protect their funds from theft or loss.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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