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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.

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