What is ZCash?

Blog 11 November 2019 Cointral
What is ZCash?

Zcash (ZEC) is  a privacy-oriented  cryptocurrency like Monero that aims to serve in the global economy.

Zcash is an open source and decentralized cryptocurrency, just like Bitcoin. In addition to the anonymity of Bitcoin, cryptocurrencies such as Monero and ZCash have highly sophisticated algorithms for privacy. In this article we will talk about ZEC’s working principle and how to buy it. Have a pleasant reading.

ZEC’s Working Principle

One of Zcash’s general principles is that it emphasizes the importance of corporate privacy as well as personal privacy. Users can use Zcash’s privacy-oriented code to control their own private data. This privacy feature of Zcash establishes a bond of trust in various areas.

ZEC was released in October 2016. Prior to the launch of ZEC, major research and development was carried out. Hackers and expert scientists even took part in the project to keep confidentiality at the highest level. The ZEC coin project includes renowned individuals and groups such as Roger Ver, David Dacus, Alan Fairless and the Digital Currency Group.

Buy Zcash (ZEC)

You can buy ZEC with cash by visiting our Cointral branch. Moreover, you can easily purchase Bitcoin, Ethereum, Ripple, Litecoin, Tether, Dash and more than 1200 cryptocurrencies with Cointral. You can also check out our article “Buy Bitcoin with credit card” at our blog.

You can buy Bitcoin with Cointral and transfer your cryptocurrency to trade on the Binance Exchange. You can transfer your cryptocurrency to Binance by writing the BTC address provided Binance Exchange to the address section at https://online.cointral.com. If you want to buy cryptocurrency with TL, you can prefer Paribu.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.