The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA. OctaFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution. Volatility is a general feature shared by all crypto assets, including Zcash.

Those tokens aim to fulfil the requirements for issuing securities. In the case of BTC, anyone trying to compete and produce more coins will need to make a large upfront investment in machines and a source of electrical energy. Still, illicit activity represents only a tiny proportion of crypto activity, and privacy coins have legitimate use cases. Arguing that they should be banned is like https://www.tokenexus.com/ethereum-future/ saying the internet should be shut down because it facilitates some criminal behaviour. Based on the Bitcoin protocol, ZEC has optional privacy features built in called zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge). If you add a Bitcoin address to your social media profile or blog, perhaps as a means of tipping/payment, this again creates an association.

How to Buy Zcash (ZEC) in the UK (

Non-fungible tokens are specially coded to represent a digital item, usually an image. The non-fungible token technology stands behind crypto collectibles such as CryptoKitties or other types of cards. Just like other tokens, collectible items can go up in value exponentially, then crash as soon as interest wanes. Based on BTC spot prices, futures often led to liquidations when the asset changed direction rapidly. BTC has been known to liquidate short positions by climbing by $1,000 and more within an hour.

  • It started as a fork of the Bitcoin blockchain and soon established itself as one of the fastest-growing digital assets in the space.
  • The value of Zcash has been climbing steadily since it was launched in 2016.
  • You’re at the right place, if you’re looking to pay for flights using Zcash.
  • Most people keep their crypto on the exchange they used to buy it.
  • Cryptocurrency investment thus holds opportunities for fast gains, interspersed with severe market crashes.
  • Libertex offers CFD trading on 250+ instruments, including through an innovative and user-friendly proprietary web trader platform.

Our technical indicators indicate that the current sentiment is bearish, with the Fear & Greed Index reading 50. Over the previous 30 days, Zcash had 19/30 (63%) green days and 7.58% price volatility. According to our Zcash forecast, now is not the time to buy Zcash. The token was able to break out of the consolidation zone with high volume after receiving support from the 50 EMA.

Invest in ZEC

Zcash originated when it forked from the Bitcoin blockchain on October 28, 2016. It was previously called the Zerocoin protocol before it was incorporated into the Zerocash system. Although there isn’t an official ZCash wallet, ZEC is supported by many major software and hardware wallets. There’s how to buy zcash some controversy over whether ZCash can actually keep your transactions confidential. You’ll find that this is the same for other privacy-focused coins – like Monero (XMR). The merchant location address is located at Unit 5.25, World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA.

Is ZEC worth buying?

As per our prediction, the predicted maximum price of Zcash for 2026 might be around $160, and on the downside, the minimum price might be around $118. As per 2026 forecasts, the ZEC coin might be a profitable investment.

The specifics of trading Zcash are not so different from that of the likes of stocks and commodities. While trading orders give you a certain control over your positions, there are a few more considerations that determine your ability to profit from trading Zcash. In this trade, if ZEC/USD rises to $93.21, your broker will execute your take-profit order. For instance, if you enter the Zcash market with a buy order – you will exit the trade with a sell order – and vice versa. If you have traded in some capacity before, you might already know the different types of trading orders.

From the Zcash whitepaper

Start the trade by clicking the “Buy/Sell Instantly” option and select the payment option plus the amount you wish to buy. With the successful deposit, click the “BUY/SELL” option on the top tab and select Zcash for a review of your trade. Initiate your trade by customizing the Zash amount, leverage necessary, currency and trade type plus levels.

Those who consider investing in Zcash should take the time to see how it fits into the larger picture of cryptocurrency. Zcash experienced a similar drop in value to that of Bitcoin in the first part of this year. While its value in January was about $400, CoinMarketCap lists it at $134.29 at the time of writing.