Privacy coin ZCash to be listed on Winklevoss's exchange, Gemini

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A major USA digital asset exchange will soon list Zcash, one of the world's most privacy-centric cryptocurrencies.

The regulated exchange that serves its existing customers in 48 US states, Washington D.C., Puerto Rico, Canada, Hong Kong, Singapore, South Korea and the United Kingdom will then begin its first day of trading Zcash on May 22nd at 1:30 pm UTC. For this reason, Zcash has been linked to trading in oppressed nations, as well as privacy-focused investors and even criminal organizations.

To offer the much touted privacy, Zcash makes use of both shielded addresses, which offer full control, and unshielded addresses, which offer a lower degree of protection. Most recently, the Gemini digital currency exchange announced a partnership with Nasdaq that may end up giving the exchange a head start on its competition.

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NY state's Department of Financial Services today granted approval to Winklevosses' Gemini Exchange to offer custody services and trading of Litecoin and Bitcoin Cash.

Zcash can be bought or sold on the following cryptocurrency exchanges: Trade Satoshi, LiteBit.eu, BTC-Alpha, CoinEx, Bittrex, BCEX, Binance, Cryptopia, Cryptomate, BTC Trade UA, Mercatox, Allcoin, Huobi, Bitlish, Bithumb, Coinroom, Coinrail, Sistemkoin, Qryptos, Exmo, Lbank, Crex24, CoinExchange, Poloniex, WEX, Cryptohub, BigONE, Bit-Z, Upbit, BX Thailand, YoBit, Abucoins, C2CX, OKEx, Tux Exchange, Braziliex, Bitfinex, Kraken, Gate.io, Ovis, CEX.IO, GOPAX, OTCBTC, The Rock Trading, Waves Decentralized Exchange and HitBTC.

The post Bitcoin Cash [BCH], Litecoin [LTC] and Zcash [ZEC] added on Winklevoss Brothers' Bitcoin Exchange appeared first on AMBCrypto. In addition to Zcash having a $32.4 million daily trading volume, the zk-snark technology has been integrated into a number of open-source projects, most notably Quorum, originally developed by JPMorgan Chase & Co. Traders will be able to begin trading the cryptocurrency on May 22. In that case, the BCH price substantially increased on other exchanges prior to Coinbase's announcement, which led to justifiable concerns that exchange employees were privy to and traded based on information regarding the BCH announcement. Every transaction on the bitcoin blockchain is visible and broadcasted to the network.

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"Zcash is built upon and extends the Bitcoin protocol". But, the withdrawals will be supported only for unshielded as they still work on the other type.

Cameron Winklevoss, who serves as the exchange's president said "Bitcoin and Zcash are two revolutionary technologies vying for different mantles". "Bitcoin has many strengths, but privacy is not one of them".

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