Binance-Peg ZECPrice(ZEC)
Details Binance-Peg ZEC (ZEC) Price information (USD)
The current real-time price of ZEC is $218.73. In the past 24 hours, ZEC has traded between $209.68 and $222.4, showing strong market activity. The all-time high of ZEC is $737.88, and the all-time low is $189.33.
From a short-term perspective, the price change of ZEC over the past 1 hour is
Binance-Peg ZEC (ZEC) Market Information
Binance-Peg ZEC (ZEC) Today's Price
The live price of ZEC today is $218.73, with a current market cap of $26.247M. The 24-hour trading volume is 1M. The price of ZEC to USD is updated in real time.
Binance-Peg ZEC (ZEC) Price History (USD)
What is BINANCE-PEG ZEC (ZEC)?
When is the right time to buy ZEC? Should I buy or sell ZEC now?
Before deciding whether to buy or sell ZEC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ZEC technical analysis can provide you with trading references.
Future price trend of ZEC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ZEC.
How much will ZEC be worth tomorrow, next week, or next month in ? What about your ZEC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ZEC Price Prediction
How to buy BINANCE-PEG ZEC (ZEC)
Convert ZEC to local currency
ZEC Resources
To learn more about ZEC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0xf977...41acec  | 32,844 | 27.37% |
binance-smart-chain | 0x4982...6e89cb | 14,966 | 12.47% |
binance-smart-chain | 0x8894...e2d4e3 | 7,465.999 | 6.22% |
binance-smart-chain | 0xb0b1...c1aa77 | 6,307 | 5.26% |
binance-smart-chain | 0xc333...94f771 | 2,850 | 2.38% |
Other | 55,566.99 | 46.31% |
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BINANCE-PEG ZEC (ZEC) FAQ
Does the Wrapped ZEC token on the BNB Chain maintain the privacy features of native Zcash, specifically supporting shielded transactions?
No, the Wrapped ZEC token is a standard BEP-20 asset on the BNB Chain. While native Zcash utilizes zk-SNARKs for private transactions that hide sender, receiver, and amount, all transactions involving the wrapped version on the BNB Chain are transparent and publicly visible on blockchain explorers. The inherent privacy of Zcash is not transferred to this pegged version.
What are the security considerations and potential risks, such as de-pegging, when holding Wrapped ZEC instead of native Zcash?
Holding Wrapped ZEC introduces a dependency on the custodian of the native Zcash reserves. The security of the 1:1 peg relies on the solvency and operational integrity of the primary issuing exchange. Should the issuing exchange face significant financial or operational challenges, the pegged token could lose its value relative to native ZEC, leading to a de-pegging event. Users should be aware of this custodial risk.
My Wrapped ZEC is not appearing in my MetaMask or Trust Wallet after a transfer. What could be the reason, and how can I make it visible?
Most cryptocurrency wallets do not automatically display new tokens, especially custom BEP-20 tokens. To see your Wrapped ZEC, you need to manually add the custom token to your wallet. This involves providing the token's contract address. For Wrapped ZEC on the BNB Chain, the contract address is: `0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb`. Add this to your wallet's custom token section.
Can Wrapped ZEC, which operates on the BNB Chain, be sent directly to a native Zcash address (like a 't' or 'z' address)?
No, you absolutely cannot send Wrapped ZEC directly to a native Zcash address. Wrapped ZEC is a BEP-20 token on the BNB Chain, while native Zcash addresses belong to the Zcash mainnet. Attempting to send BEP-20 tokens to a native Zcash address will result in a permanent and irreversible loss of your funds. Always ensure you are sending tokens to compatible network addresses, typically by returning them to a supporting exchange first or using a designated cross-chain bridge.
What is the process for converting Wrapped ZEC on the BNB Chain back to its native Zcash equivalent?
The most straightforward method is to deposit your Wrapped ZEC (BEP-20) into a supporting centralized exchange that handles both versions. From there, you can initiate a withdrawal specifically choosing the native Zcash (ZEC) network. Alternatively, you can utilize decentralized cross-chain bridges, such as the official bridge provided by the issuing platform, which facilitates the conversion between the BEP-20 token and the native Zcash mainnet asset.
What are the common decentralized finance (DeFi) applications and platforms where Wrapped ZEC can be utilized on the BNB Chain?
Wrapped ZEC on the BNB Chain significantly expands its utility within the DeFi ecosystem. Popular use cases include providing liquidity to decentralized exchanges like PancakeSwap, particularly in pools paired with other BNB Chain assets, or participating in lending and borrowing protocols such as Venus Protocol, where it can be used as collateral to secure loans. It also allows for direct swaps on various decentralized exchanges.
