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Zcash is built On the idea that Bitcoin falls short on offering privacy guarantees. In the Zcash white paper, the authors detail how all of the transactions on a Bitcoin Network are recorded and visible for all to see. Zcash has formulated something called Decentralized Anonymous Payment Schemes in which one user can pay another user privately and directly.Using a DAP Scheme, the transaction hides the payment origin, the total amount of the transaction, as well as the destination of the transaction. Zcash launched by the Zerocoin Electric Coin Company in 2016. Since its launch, the project has been overseen by a team of researchers at MIT, Johns Hopkins University, the Technion, and Tel Aviv University. initial research for the program was funded by research from the United States Air Force, the Navy, and DARPA. ZEC is the native token similar to how ETH is the native Ethereum token.
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Where is the best place to buy Zcash?
The best place to buy Zcash is right here at Tasman Capital Trading! Tasman Capital Trading offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Zcash and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.
How is the price of Zcash determined?
The price of Zcash is determined by the forces of supply and demand in the market. Similar to other assets, the price of Zcash is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Zcash are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
Can I buy Zcash with credit card?
Tasman Capital Trading does not allow you to directly buy Zcash with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Zcash instantly.
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This should not be used to make investment decisions.Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Tasman Capital Trading makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.