In other words, Zcash rate, Zcash value or Zcash worth. Zcash’s value today depends on supply and demand. This is influenced by several factors, including the psychology of market participants and geopolitical events.
The price of Zcash therefore naturally grows when more and more people expect a price increase in the future and are therefore ready to buy at increasingly higher prices. On the other hand, Zcash’s price falls when more and more people expect a drop in prices and are therefore willing to sell at increasingly lower prices. The Zcash price chart shows us the Zcash price history and the Zcash price today.
The current Zcash price is the meeting point between buy orders and sell orders. Buyers who do not have the urgent need for Zcash coins are most interested in buying at the lowest possible price, and sellers who do not have an urgent need for profit are most interested in selling at the highest possible price.
In such a scenario, customers place an order to buy Zcash at a lower price than the current market price, and sellers place an order to sell Zcash at a higher price than the current market price.
Buyers and sellers are willing to wait for their order to be fulfilled, but there is no guarantee for it, as Zcash’s price may move far beyond their expectations. Those who are looking for a more secure way, are therefore buying and selling at the current price, as orders are fulfilled so quickly.
Kriptomat offers the lowest possible market ZEC price in euros (ZEC to EUR).
Check out how to buy Zcash on Kriptomat.