Beginning as of late, Coinbase helps Zcash (ZEC) at Coinbase.com and within the Coinbase Android and iOS apps. Coinbase consumers can now purchase, promote, ship, obtain, or retailer ZEC.
ZEC will probably be to be had for patrons in maximum jurisdictions, however won’t first of all be to be had for citizens of the UK or the state of New York. Further jurisdictions is also added at a later date.
Zcash is a cryptocurrency that makes use of fresh advances in cryptography to permit customers to give protection to the privateness of transactions at their discretion. The glory between Zcash’s “clear” and “shielded” transactions is similar to the glory between unencrypted HTTP and encrypted HTTPS. In each circumstances, the unencrypted/clear model of the protocol lets in 3rd events to peer metadata related to the conversation or transaction, whilst the encrypted/shielded model protects this knowledge. First of all, consumers can ship ZEC to Coinbase from each clear and shielded addresses, however best ship off Coinbase to clear addresses. Someday, we’ll discover reinforce for sending ZEC to shielded addresses in places the place it complies with native regulations. For more info on privateness concerns explicit to ZEC, consult with the reliable Zcash reinforce web page.
One of the crucial not unusual requests we pay attention from consumers is as a way to purchase and promote extra property on Coinbase. Previous this yr we introduced a brand new procedure for record property, designed partially to boost up asset addition. We also are making an investment in new gear to assist folks perceive and discover cryptocurrencies. We introduced informational asset pages (see ZEC right here), in addition to a brand new segment of the Coinbase web page to respond to not unusual questions on crypto.
You’ll be able to join a Coinbase account right here to shop for and promote ZEC as of late.