Zcash (ZEC) coming soon to Kraken

Zcash (ZEC) trading is coming this Friday, October 28!

What is Zcash?

Perhaps the most hotly anticipated digital asset of 2016, Zcash has a highly regarded development team and investment from major VC firms (Pantera, Fenbushi, and The Digital Currency Group) and Bitcoin VIPs (Roger Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai).

Zcash offers complete transaction privacy. While transactions can be seen on the blockchain, the sender, recipient, and amount of the transaction can remain private. The payment details can be revealed to others, but only if users give them the transaction view key.

Read more: https://z.cash

What Zcash pairs will trade on Kraken?

  • Margin: Coming soon – stay tuned for details!    

When exactly will trading start?

Kraken will enable funding and open the order books shortly after the Zcash network launches and the first block is mined. The network launch is scheduled for the morning of Friday, October 28 PDT. Watch our twitter feed (https://twitter.com/krakenfx) for updates as we get closer to launch! Note that there are no premined coins with Zcash, so sell orders will build up gradually on the books as Zcash block rewards come in.

How do I deposit Zcash to my Kraken account?

It is very similar to other digital asset deposits – in your Kraken account navigate to Funding > Deposit > ZEC. Generate a deposit address and send your ZEC to this address.