BTC to ZEC conversion chart
Bitcoin to Zcash correlation
According to the correlation analysis, BTC and ZEC have a strong relationship with each other and are correlated. Whenever there is a change in the price of BTC then ZEC also tends to follow the same pattern and move together.
BTC Price Change and Market Cap
Currently, the BTC price is 2808.38 ZEC. According to the Bitcoin price chart, the 24-hour change is 2.70%. The total market capitalization of Bitcoin is $60633 with 60516.05 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 2892.99 ZEC and lows of 2709.41 ZEC.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to ZEC exchange margin
The closing conversion rate for BTC to ZEC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to ZEC would result in an output of 2808.38 ZEC.
How to convert Bitcoin to Zcash
Bitcoin and Zcash comparison
Zcash is a privacy-focused decentralized cryptocurrency launched in the year 2016. The project addresses the privacy concerns of 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 the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has 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 Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Zcash price details
BTC to ZEC Conversion Rate and Price
Currently, the conversion rate for 1 BTC equals to 2808.38 ZEC. The 24-hour highest price of Bitcoin in relation to ZEC was 2892.99 ZEC and the lowest was 2709.41 ZEC. In short, BTC price in relation to ZEC changed by 2.70%.
Instantly Exchange BTC to ZEC
On ChangeHero you can instantly exchange Bitcoin for Zcash without signup. You can easily convert BTC to ZEC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your BTC to ZEC exchange.
BTC to ZEC Best Rate Exchange
For the Best Rate exchange of Bitcoin to Zcash, we search through various exchanges for the BTC to ZEC pair and find the best rate available in the market. We provide you with an estimation of the amount of ZEC you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of ZEC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to ZEC.
BTC to ZEC Fixed Rate Conversion
For the Fixed Rate exchange of Bitcoin to ZEC, ChangeHero finds a good rate for the pair BTC to ZEC and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to ZEC, you will receive the exact amount of ZEC 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 mentioned ZEC address. ChangeHero is the best place to exchange BTC to ZEC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to ZEC?
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 BTC to ZEC?
No, you do not require an account to swap BTC to ZEC on ChangeHero. There will be no registrations for your Bitcoin to Zcash transaction.
Do I need to go through KYC procedures for BTC to ZEC exchange?
There will be no KYC for the BTC to ZEC 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 ZEC to BTC?
Yes, you can instantly exchange ZEC to BTC on ChangeHero.
