ZEC to BTC conversion chart
ZCash to Bitcoin correlation
According to the correlation analysis, ZEC and BTC have a strong relationship with each other and are correlated. Whenever there is a change in the price of ZEC, then BTC also tends to follow the same pattern and move together.
Live ZCash Price Change and Market Cap
Currently, the ZEC price is 0.000572 BTC and the 24-hour change is 3.87%. The market cap of Zcash today is $0 with a total of 0.1036 ZEC in circulation. In the past 24 hours, the ZEC price peaked at 0.000583 BTC and the lowest price was 0.0005682 BTC.
ZCash Price Prediction
In the early days of the launch itself, Zcash reached its all-time high, $5,941.80 on 29 October 2016. Another significant rise in Zcash price was seen during the 2017-2018 market rally in which ZEC price hit $891.44 in early January 2018. Correction took place in the following year, where Zcash price dropped to the levels of $50. In 2019, Zcash price fluctuated and closed the year at $27.82. Except for the short bear market, 2020 has been good for Zcash. By June, Zcash price crossed the fifty dollar mark.
Zcash is expected to perform well in the long-run. By 2025, Zcash price will cross the hundred dollar mark and we wouldn’t be surprised if one ZEC crosses $300. A few more years ahead, 2030 to be precise, Zcash price will be sky-rocketing as ZEC is one of the few tokens to serve the privacy niche.
ZEC to BTC exchange margin
Considering today’s exchange rate, a conversion of 1 ZEC to BTC would result in an output of 0.000572 BTC.
How to convert ZCash to Bitcoin
ZCash and Bitcoin comparison
Zcash is a privacy-focused decentralized cryptocurrency launched in the year 2016. The project addresses the privacy concerns of the Bitcoin and aims to provide anonymity to the users. Zcash features shielded addresses in which it encrypts the transaction data and addresses on the blockchain. Zcash uses the zk-SNARK, a zero-knowledge proof to verify transactions on the blockchain. It also uses a mining algorithm called Equihash to issue new coins. Zcash trades with the ticker ZEC and is the go-to choice if staying anonymous is your top priority while making a transaction.
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is ZCash?
Bitcoin allowed people to conduct peer-to-peer transactions without the involvement of third parties. However, Bitcoin is transparent and transactions can be traced back to a person’s identity. Zcash resolves this issue by providing a greater level of privacy to the users during a transaction. Zcash was founded by the Electric Coin Company in 2016 on the base of the Bitcoin source code.
Zcash uses the zero-knowledge proofs (zk-SNARKs) to provide privacy to the users. With the help of zk-SNARKs, transactions can be confirmed on the blockchain without revealing the amount and addresses involved. Zcash also enables revealing of this info for audits purposes and supports transparent transactions as well. ZEC is the trading ticker for Zcash and it can be traded or used to purchase goods and services at select merchants.
ZCash to Bitcoin conversion details
ZEC to BTC Conversion Rate and Price
At the moment, the conversion rate for 1 ZEC equals to 0.000572 BTC. The 24-hour highest price of ZCash in relation to BTC was 0.000583 BTC and the lowest was 0.0005682 BTC. In short, ZEC price in relation to BTC changed by 3.87%.
Instantly Exchange ZEC to BTC
On ChangeHero you can instantly exchange ZCash for Bitcoin without registrations. You can easily convert ZEC to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ZEC to BTC exchange.
ZEC to BTC Best Rate Exchange
In this type of exchange of ZCash to Bitcoin, we search through various exchanges for the ZEC to BTC pair and find the most competitive rate available in the market. The ZEC—BTC converter provides you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the ZEC is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ZEC to BTC.
ZEC to BTC Conversion with Fixed Rate
In the Fixed Rate exchange of ZCash to Bitcoin, ChangeHero finds a good rate for the pair ZEC to BTC and fixes the rate for up to 15 minutes. In the Fixed Rate exchange of ZEC to BTC, you will receive the exact amount of BTC which was shown in the ZEC — BTC converter's estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the ZEC—BTC conversion is completed, we send your assets to the specified BTC address. ChangeHero is the best place to exchange ZEC to BTC fast and safely at the most attractive rates.
Frequently asked questions
How long does it take to convert ZEC to BTC?
Usually, a ZEC—BTC conversion takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange ZEC to BTC?
No, you do not require an account to swap ZEC to BTC on ChangeHero. There will be no registrations for your Zcash to Bitcoin transaction.
Do I need to go through KYC procedures for ZEC to BTC exchange?
There will be no KYC to convert ZEC to BTC. However, if during your ZEC—BTC exchange our threat detection system raises the alarm, we will pause the ZEC to BTC conversion and ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to ZEC?
Yes, you can instantly exchange BTC to ZEC on ChangeHero.
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