Convert and Swap Zcash ZEC to United States Dollar USD
ZEC/USD: 1 Zcash equals $55.17 USD
Last update: 2:13 AM, December 23, 2024
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Zcash is falling this week.
The current price of Zcash is $55.17 per ZEC. With a circulating supply of 16,328,268.75 ZEC, it means that Zcash has a total market cap of $907,197,543.28. The amount of Zcash traded has risen by $26,102,066.68 in the last 24 hours, which is a 16.87% increase. Additionally, in the last day, $154,730,358.82 worth of ZEC has been traded.
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About Zcash
Zcash is a cryptocurrency that offers two types of addresses: transparent addresses that are publicly visible on the Zcash blockchain and shielded addresses that are more private. Coinbase customers can receive Zcash from both transparent and shielded addresses and send Zcash to transparent addresses. Sending to shielded addresses is not supported at this time.
Zcash (ZEC) is a decentralized cryptocurrency that places a strong emphasis on privacy and anonymity. Unlike many other cryptocurrencies, Zcash aims to provide users with the ability to make transactions without revealing sensitive information. This is achieved through the use of zk-SNARK zero-knowledge proof technology, which allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. Zcash transactions do not by default reveal the sending and receiving addresses or the amount being sent, offering a level of privacy not typically found in other cryptocurrencies. However, there is an option to reveal this data for auditing or regulatory compliance purposes.
Zcash operates on a public blockchain, but it distinguishes itself from other cryptocurrencies through its optional anonymity feature. Zcash transactions can be sent in two ways: transparent and shielded. Transparent transactions operate similarly to Bitcoin transactions, with all essential information about the transaction available online for anyone to see. Shielded transactions, on the other hand, leverage zk-SNARK technology to enable completely anonymous transactions over a public blockchain. While the fact that the transaction occurred is recorded on the ledger, the sending and receiving addresses and the amount sent are not revealed to the public. This allows Zcash to offer its users privacy while still enjoying the benefits of a decentralized, permissionless digital currency.
Zcash's primary use case is as a digital currency that offers a high level of privacy and anonymity. This makes it a potentially attractive option for individuals who value their privacy or who wish to make transactions without revealing sensitive information. Zcash can be used for everyday purchases, sending money to friends, and other common cryptocurrency applications. Additionally, the ability to send private messages along with transactions adds another layer of functionality to Zcash. It's important to note that while Zcash strives to offer privacy, it also provides the option for users to reveal transaction data for auditing or regulatory compliance purposes.
Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase. The cryptocurrency was founded by Zooko Wilcox-O'Hearn, a cypherpunk, computer security expert, and entrepreneur. Wilcox-O'Hearn is also the founder of the for-profit Electronic Coin Company (ECC), which manages the development of Zcash. He has spent over 25 years in the industry of cryptography and information security and has contributed to numerous projects. Zcash's tokenomics is similar to that of Bitcoin, with a total supply limit of 21 million coins. The Zcash network is secured by the proof-of-work SHA-256 hash function, the same set of algorithms used by Bitcoin.
How Zcash and United States Dollar differ
Zcash (ZEC) and the US Dollar (USD) are both mediums of exchange, but they operate on fundamentally different principles. Zcash is a decentralized cryptocurrency that aims to provide users with a high level of privacy and anonymity. It leverages zk-SNARK zero-knowledge proof technology, allowing transactions to be verified without revealing sensitive information such as the sending and receiving addresses or the transaction amount. This is in stark contrast to the US Dollar, a centralized fiat currency regulated by the Federal Reserve, where transactions are typically traceable and lack the same level of privacy. Zcash transactions can be either transparent, similar to Bitcoin, or shielded for complete anonymity. On the other hand, USD transactions are always transparent and can be tracked by banks and government agencies. Zcash's primary use case is as a digital currency for those who value privacy, while the US Dollar is used for a wide range of transactions, from everyday purchases to international trade. Zcash was first released in 2016 and has a total supply limit of 21 million coins, similar to Bitcoin. The US Dollar, however, has no maximum supply limit and its value is influenced by various economic factors.
Frequently asked questions
How much is 1 Zcash in USD?
Right now, 1 Zcash is worth about $55.17.
How much ZEC could I buy for 1 USD?
Based on the current rate, you could get 0.0181 ZEC for 1 USD.
How much has the price of Zcash changed?
Zcash price has been on the rise. Since yesterday, the exchange rate of Zcash has increased. Since last month, the exchange rate of Zcash has increased. Since this time last year, the price of Zcash has increased.
How do I calculate or convert ZEC to USD?
You can use our ZEC to USD calculator at the top of this page to convert any amount of ZEC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.0906 ZEC. Inversely, 5 ZEC will cost about $275.83
How can I buy 1 Zcash on Coinbase?
Zcash is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Zcash.
What are assets similar to Zcash that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Zcash, including Bitcoin Gold, Gas, and Stride. For a more robust list of assets to explore, jump to the asset page dedicated to Zcash.
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ZEC to United States Dollar conversion tables
The exchange rate of Zcash is increasing.
The current value of 1 ZEC is $55.17 USD. In other words, to buy 5 Zcash, it would cost you $275.83 USD. Inversely, $1.00 USD would allow you to trade for 0.0181 ZEC while $50.00 USD would convert to 0.9064 ZEC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.91%. Meanwhile, in the last 24 hours, the rate has changed by 10.07%, and that the the highest exchange rate of 1 ZEC to United States Dollar was $59.71 USD and the lowest 24 hour value was 1 ZEC for $50.47 USD. This time last month, the value of 1 ZEC was $47.50 USD, which is a 17.54% decrease from where it is now. Looking back a year, Zcash has changed by $30.39 USD.
ZEC to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$53.11 USD | 10.07% | $58.71 USD | -4.91% | $47.50 USD | 17.54% | $30.39 USD | 92.37% |
ZEC to USD
Amount | Today at 2:13 am |
|---|---|
0.5 ZEC | $27.58 |
1 ZEC | $55.17 |
5 ZEC | $275.83 |
10 ZEC | $551.65 |
50 ZEC | $2,758.25 |
100 ZEC | $5,516.50 |
500 ZEC | $27,582.50 |
1,000 ZEC | $55,165.00 |
USD to ZEC
Amount | Today at 2:13 am |
|---|---|
0.5 USD | 0.0091 ZEC |
1 USD | 0.0181 ZEC |
5 USD | 0.0906 ZEC |
10 USD | 0.18 ZEC |
50 USD | 0.91 ZEC |
100 USD | 1.81 ZEC |
500 USD | 9.06 ZEC |
1,000 USD | 18.13 ZEC |
Today vs. 24 hours ago
Amount | Today at 2:13 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 ZEC | $27.58 | $26.56 | +3.83% |
1 ZEC | $55.17 | $53.13 | +3.83% |
5 ZEC | $275.83 | $265.65 | +3.83% |
10 ZEC | $551.65 | $531.29 | +3.83% |
50 ZEC | $2,758.25 | $2,656.46 | +3.83% |
100 ZEC | $5,516.50 | $5,312.93 | +3.83% |
500 ZEC | $27,582.50 | $26,564.63 | +3.83% |
1,000 ZEC | $55,165.00 | $53,129.26 | +3.83% |
Today vs. 1 month ago
Amount | Today at 2:13 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 ZEC | $27.58 | $23.76 | +16.09% |
1 ZEC | $55.17 | $47.52 | +16.09% |
5 ZEC | $275.83 | $237.59 | +16.09% |
10 ZEC | $551.65 | $475.17 | +16.09% |
50 ZEC | $2,758.25 | $2,375.86 | +16.09% |
100 ZEC | $5,516.50 | $4,751.72 | +16.09% |
500 ZEC | $27,582.50 | $23,758.61 | +16.09% |
1,000 ZEC | $55,165.00 | $47,517.23 | +16.09% |
Today vs. 1 year ago
Amount | Today at 2:13 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 ZEC | $27.58 | $15.20 | +81.46% |
1 ZEC | $55.17 | $30.40 | +81.46% |
5 ZEC | $275.83 | $152.01 | +81.46% |
10 ZEC | $551.65 | $304.01 | +81.46% |
50 ZEC | $2,758.25 | $1,520.05 | +81.46% |
100 ZEC | $5,516.50 | $3,040.10 | +81.46% |
500 ZEC | $27,582.50 | $15,200.51 | +81.46% |
1,000 ZEC | $55,165.00 | $30,401.02 | +81.46% |
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