Zcash (ZEC), a privacy-focused cryptocurrency, or the Special Canary Zone (ZEC), a favorable tax regime for companies in the Canary Islands. The price of Zcash has seen a significant increase recently, and the Special Canary Zone offers a reduced rate of 4% on the Corporate Tax for companies that meet certain requirements.
Zcash (ZEC)
Cryptocurrency: ZEC is the code for Zcash, a cryptocurrency that uses zero-knowledge proofs to enable optionally anonymous transactions, unlike "pseudonymous" cryptocurrencies like Bitcoin.
Price and performance: Zcash has experienced a strong price increase in recent weeks, outperforming other privacy cryptocurrencies like Monero, driven by factors such as short liquidations, enthusiasm for the "halving," and the overall momentum of the privacy sector.
Volume: The price of ZEC has experienced a 7.39% increase in the last 24 hours, with a trading volume of around $925 million in the last 24 hours.
Current exchange rate of BTC to ZEC
1 BTC is equivalent to 268.71 ZEC. The current value of 1 Bitcoin is -0.87% compared to the exchange rate to ZEC in the last 24 hours.
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