ZEC to XMR conversion chart
Zcash to Monero correlation
According to the correlation analysis, ZEC and XMR have a strong relationship with each other and are correlated. Whenever there is a change in the price of ZEC then XMR also tends to follow the same pattern and move together.
Live ZCash Price Change and Market Cap
Currently, the ZEC price is 0.4286 XMR and the 24-hour change is 16.53%. The market cap of Zcash today is $6921 with a total of 6818.17 ZEC in circulation. In the past 24 hours, the ZEC price peaked at 0.4681 XMR and the lowest price was 0.3961 XMR.
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 XMR exchange margin
The closing conversion rate for ZEC to XMR yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 ZEC to XMR would result in an output of 0.4286 XMR.
How to convert Zcash to Monero
Zcash and Monero 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.
Monero is widely popular for its privacy-oriented features. Besides, Monero by default obfuscates the sending and receiving addresses and the amounts in a transaction making it almost impossible for anybody to connect them to a person in the real world.
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 Monero price details
ZEC to XMR Conversion Rate and Price
Currently, the conversion rate for 1 ZEC equals to 0.4286 XMR. The 24-hour highest price of Zcash in relation to XMR was 0.4681 XMR and the lowest was 0.3961 XMR. In short, ZEC price in relation to XMR changed by 16.53%.
Instantly Exchange ZEC to XMR
On ChangeHero you can instantly exchange Zcash for Monero without registrations. You can easily convert ZEC to XMR in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your Zcash to Monero exchange.
ZEC to XMR Best Rate Exchange
In the Best Rate exchange of Zcash to Monero, we search through various exchanges for the ZEC to XMR pair and find the best rate available in the market. We provide you with an estimation of the amount of XMR 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 XMR you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of ZEC to XMR.
ZEC to XMR Fixed Rate Conversion
In the Fixed Rate exchange of Zcash to Monero, ChangeHero finds a good rate for the pair ZEC to XMR and fixes the rate for up to 15 minutes. In the Best Rate exchange of ZEC to XMR, you will receive the exact amount of XMR 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 XMR address. ChangeHero is the best place to exchange ZEC for XMR fast and safe at the best rates.
Frequently asked questions
How long does it take to convert ZEC to XMR?
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 XMR?
No, you do not require an account to swap ZEC to XMR on ChangeHero. There will be no registrations for your Zcash to Monero transaction.
Do I need to go through KYC procedures for ZEC to XMR exchange?
There will be no KYC for the ZEC to XMR exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange XMR to ZEC?
Yes, you can instantly exchange XMR to ZEC on ChangeHero.
