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.