Connect with us

Hi, what are you looking for?



Zcash Price (ZEC) Is Still Falling Despite Being Added To Coinbase PRO’s Retail Trading App

Zcash Price Declines With Flat Coinbase App Listing
Coinbase listed Zcash (ZEC), a privacy coin, one week ago on Coinbase Pro. ZEC is also live on Coinbase’s trading applications for Android and iOS systems. Though a majority of jurisdictions do not limit their citizens’ ability to trade, there are two – the United Kingdom and New York – that have placed limits on such trading.

Interestingly enough, although Coinbase is often designated as a platform able to drive value, ZEC’s listing has not fared well on the platform. It fell 11 percent over a 24-hour period to $66.50. This is down from the high of $90. Though the decline could be attributed to a weak market, such conditions do not explain the massive selloff that occurred today. The coin has a market cap of $358.3 million and is the 18th largest coin on the ALT100Index



Copyright © 2020 Elevenews