ZCash to Pax Dollar correlation
ZEC and USDP are not correlated to each other as ZEC’s value depends on the supply and demand. Whereas, USDP is a stable coin which is backed by traditional fiats like the dollar and the euro. USDP’s value remains the same, which is $1 regardless of the market conditions. Hence, ZEC and USDP do not share a strong relationship.
Live ZCash Price Change and Market Cap
Currently, the ZEC price is 0$ and the 24-hour change is 0.00%. The market cap of Zcash today is $0 with a total of 0 ZEC in circulation. In the past 24 hours, the ZEC price peaked at 0$ and the lowest price was 0$.
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 $300. A few more years ahead, 2030 to be precise, Zcash price will be sky-rocketing as ZEC is one of the few tokens to serve the privacy niche.
ZEC to USDP exchange margin
The closing conversion rate for ZEC to USDP yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ZEC to USDP would result in an output of 0$.
How to convert ZCash to Pax Dollar
ZCash and Pax Dollar 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.
Pax Dollar belongs to a new domain of cryptocurrencies called stablecoins. Every USDP token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind Pax Dollar publishes real-time data about the escrow accounts holding USD.
What is ZCash?
Bitcoin allowed people to conduct peer-to-peer transactions without the involvement of third parties. However, Bitcoin is transparent and transactions can be traced back to a person’s identity. Zcash resolves this issue by providing a greater level of privacy to the users during a transaction. Zcash was founded by the Electric Coin Company in 2016 on the base of the Bitcoin source code.
Zcash uses the zero-knowledge proofs (zk-SNARKs) to provide privacy to the users. With the help of zk-SNARKs, transactions can be confirmed on the blockchain without revealing the amount and addresses involved. Zcash also enables revealing of this info for audits purposes and supports transparent transactions as well. ZEC is the trading ticker for Zcash and it can be traded or used to purchase goods and services at select merchants.
ZCash to Pax Dollar price details
ZEC to USDP Conversion Rate and Price
At the moment, the conversion rate for 1 ZEC equals to 0$. The 24-hour highest price of ZCash in relation to USDP was 0$ and the lowest was 0$. In short, ZEC price in relation to USDP changed by 0.00%.
Instantly Exchange ZEC to USDP
On ChangeHero you can instantly exchange ZCash to Pax Dollar without registrations. You can easily convert ZEC to USDP in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your ZEC to USDP exchange.
ZEC to USDP Best Rate Exchange
In the the Best Rate exchange of ZCash to Pax Dollar, we search through various exchanges for the ZEC to USDP pair and find the best rate available in the market. We provide you with an estimation of the amount of USDP 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 USDP you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ZEC to USDP.
ZEC to USDP Fixed Rate Conversion
In the the Fixed Rate exchange of ZCash to Pax Dollar, ChangeHero finds a good rate for the pair ZEC to USDP and fix the rate for up to 15 minutes. In the Best Rate exchange of ZEC to USDP, you will receive the exact amount of USDP which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDP address. ChangeHero is the best place to exchange ZEC to USDP fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ZEC to USDP?
Usually, it 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 USDP?
No, you do not require an account to swap ZEC to USDP on ChangeHero. There will be no registrations for your Zcash to Pax Dollar transaction.
Do I need to go through KYC procedures for ZEC to USDP exchange?
There will be no KYC for the ZEC to USDP exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDP to ZEC?
Yes, you can instantly exchange USDP to ZEC on ChangeHero.