This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.
The Zcash (ZEC) token is consolidating near the $120 region and could soon rise to the $150 level and beyond if bulls prevail
The Zcash token is displaying signs of breakout after consolidating for the past week. The ZEC token has the potential to rally once the whale accumulation ends. The Zcash coin seems to be establishing a strong support zone near the $120 region. The bulls could push prices towards the $150 level and beyond once they establish full control.
How & where to buy Zcash in the UK and elsewhere
If you are interested in purchasing the Zcash token, then you will need to register an account on a crypto exchange/ broker platform. For account registration, all you need to do is submit a username, password and email address. Then, verify the account by providing copies of your driving licence and utility bill. This step is required to fulfill the requirement of the Know Your Customer (KYC) regulations. At this stage, you can deposit funds and start trading.
It is recommended that you avoid using decentralised exchanges as they are unregulated. For your benefit, we have selected two of the best platforms where you can trade securely.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Zcash is a privacy focussed network that enables strong anonymity for its users. It uses the zk-SNARK technology for ensuring full privacy. However, the hallmark feature of Zcash is the ability to selectively disclose the identity, if required by both parties. The network uses a native token called ZEC.
Should I buy ZEC today?
The Zcash token has seen strong consolidation and the coin could see another leg of the rally as bulls start purchasing huge quantities. The early holders of ZEC could possibly receive handsome gains in the future if the token rallies.
The ZEC token has the potential to breach the $150 level and the coin could very well establish new highs if the volumes continue to build up.
This article is informational only—none of the contents should be construed as financial or investment advice.
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks