Convert and Swap Zcash ZEC to Indian Rupee INR
ZEC/INR: 1 Zcash equals ₹6,306.78 INR
Last update: 10:57 PM, December 8, 2024
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Zcash is climbing this week.
The current price of Zcash is ₹6,306.78 per ZEC. With a circulating supply of 16,328,268.75 ZEC, it means that Zcash has a total market cap of ₹102,849,442,153.77. The amount of Zcash traded has risen by ₹1,854,262,029.88 in the last 24 hours, which is a 14.77% increase. Additionally, in the last day, ₹12,556,006,497.43 worth of ZEC has been traded.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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 Indian Rupee differ
Zcash (ZEC) and the Indian Rupee (INR) are both mediums of exchange, but they operate in fundamentally different ways. Zcash is a decentralized cryptocurrency that aims to provide a high level of privacy and anonymity for its users. It leverages zk-SNARK zero-knowledge proof technology to allow nodes on the network to verify transactions without revealing any sensitive information. This means that 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. On the other hand, the Indian Rupee is a traditional fiat currency issued and regulated by the Reserve Bank of India. Unlike Zcash, transactions made with the Indian Rupee are not anonymous and can be traced by the government and financial institutions. Furthermore, while Zcash operates on a public blockchain, the Indian Rupee operates within a centralized banking system. Lastly, Zcash's supply is capped at 21 million coins, while the supply of Indian Rupees can be increased or decreased by the Reserve Bank of India as per economic needs.
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ZEC to Indian Rupee conversion tables
The exchange rate of Zcash is increasing.
The current value of 1 ZEC is ₹6,306.78 INR. In other words, to buy 5 Zcash, it would cost you ₹31,533.88 INR. Inversely, ₹1.00 INR would allow you to trade for 0.000159 ZEC while ₹50.00 INR would convert to 0.007928 ZEC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 25.76%. Meanwhile, in the last 24 hours, the rate has changed by 6.26%, which means that the the highest exchange rate of 1 ZEC to Indian Rupee was ₹6,348.22 INR and the lowest 24 hour value was 1 ZEC for ₹5,816.91 INR. This time last month, the value of 1 ZEC was ₹3,892.45 INR, which is a 59.37% decrease from where it is now. Looking back a year, Zcash has changed by ₹2,789.99 INR.
ZEC to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
₹5,932.91 INR | 6.26% | ₹4,999.87 INR | 25.76% | ₹3,892.45 INR | 59.37% | ₹2,789.99 INR | 110.32% |
ZEC to INR
Amount | Today at 10:57 pm |
---|---|
0.5 ZEC | ₹3,153.39 |
1 ZEC | ₹6,306.78 |
5 ZEC | ₹31,533.88 |
10 ZEC | ₹63,067.76 |
50 ZEC | ₹315,338.80 |
100 ZEC | ₹630,677.59 |
500 ZEC | ₹3,153,387.97 |
1,000 ZEC | ₹6,306,775.94 |
INR to ZEC
Amount | Today at 10:57 pm |
---|---|
0.5 INR | 0.000079 ZEC |
1 INR | 0.000159 ZEC |
5 INR | 0.000793 ZEC |
10 INR | 0.0016 ZEC |
50 INR | 0.0079 ZEC |
100 INR | 0.0159 ZEC |
500 INR | 0.0793 ZEC |
1,000 INR | 0.16 ZEC |
Today vs. 24 hours ago
Amount | Today at 10:57 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 ZEC | ₹3,153.39 | ₹2,975.33 | +5.98% |
1 ZEC | ₹6,306.78 | ₹5,950.66 | +5.98% |
5 ZEC | ₹31,533.88 | ₹29,753.30 | +5.98% |
10 ZEC | ₹63,067.76 | ₹59,506.59 | +5.98% |
50 ZEC | ₹315,338.80 | ₹297,532.97 | +5.98% |
100 ZEC | ₹630,677.59 | ₹595,065.95 | +5.98% |
500 ZEC | ₹3,153,387.97 | ₹2,975,329.74 | +5.98% |
1,000 ZEC | ₹6,306,775.94 | ₹5,950,659.48 | +5.98% |
Today vs. 1 month ago
Amount | Today at 10:57 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 ZEC | ₹3,153.39 | ₹1,952.92 | +61.47% |
1 ZEC | ₹6,306.78 | ₹3,905.85 | +61.47% |
5 ZEC | ₹31,533.88 | ₹19,529.24 | +61.47% |
10 ZEC | ₹63,067.76 | ₹39,058.48 | +61.47% |
50 ZEC | ₹315,338.80 | ₹195,292.40 | +61.47% |
100 ZEC | ₹630,677.59 | ₹390,584.81 | +61.47% |
500 ZEC | ₹3,153,387.97 | ₹1,952,924.04 | +61.47% |
1,000 ZEC | ₹6,306,775.94 | ₹3,905,848.08 | +61.47% |
Today vs. 1 year ago
Amount | Today at 10:57 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 ZEC | ₹3,153.39 | ₹1,416.00 | +122.70% |
1 ZEC | ₹6,306.78 | ₹2,831.99 | +122.70% |
5 ZEC | ₹31,533.88 | ₹14,159.97 | +122.70% |
10 ZEC | ₹63,067.76 | ₹28,319.94 | +122.70% |
50 ZEC | ₹315,338.80 | ₹141,599.70 | +122.70% |
100 ZEC | ₹630,677.59 | ₹283,199.39 | +122.70% |
500 ZEC | ₹3,153,387.97 | ₹1,415,996.96 | +122.70% |
1,000 ZEC | ₹6,306,775.94 | ₹2,831,993.92 | +122.70% |
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