Introduction to the total issuance of ZEN coin and the online exchange

ZEN Coin, a privacy-centric cryptocurrency based on zk-SNARKS, has a fixed issuance of 21 million coins and is traded on notable online exchanges like Binance, KuCoin, and HitBTC.

Oct 03, 2024 at 09:11 pm

ZEN Coin Issuance and Online Exchange

1. Background:

ZEN Coin is a cryptocurrency based on the zk-SNARKS privacy protocol, ensuring the confidentiality of transactions. It utilizes the Zerocoin protocol, which allows users to mint anonymous and untraceable coins.

2. Total Issuance:

The total issuance of ZEN Coin is limited to 21,000,000 coins, with an estimated block time of 2.5 minutes. This supply is fixed and cannot be increased through inflation or other mechanisms.

3. Online Exchange:

ZEN Coin is available for trading on several online cryptocurrency exchanges. Here are a few popular options:

• Binance
• KuCoin
• HitBTC
• Bittrex
• Huobi Global
• Gate.io

4. Exchange Fees:

The fees for trading ZEN Coin vary across exchanges. It is important to compare these fees before choosing an exchange, as they can impact the cost of your transactions.

5. Security:

When trading cryptocurrencies, it is crucial to ensure the security of your funds. Choose reputable exchanges that implement robust security measures, such as two-factor authentication (2FA) and cold storage.

6. Tips for Trading:

• Research the market before trading ZEN Coin.
• Understand the risks associated with cryptocurrency trading.
• Start with small trades and gradually increase your investment as you gain experience.
• Diversify your portfolio by investing in multiple cryptocurrencies.
• Monitor the market and adjust your trading strategy as needed.