Binance, the world’s second largest cryptocurrency exchange, announced opening trading pairs for ZenCash. The cryptocurrency will be available for trading with Binance Coin (BNB), Bitcoin (Bitcoin: BITCOIN) and Ethereum (BITFINEX: ETH/USD.BITFINEX) starting 07:30 AM (UTC)
ZenCash (ZEN) saw its price jump by nearly 40% in under a day after the announcement, following the tendency of sharp take-off after the recent listing.
It remains to be seen how much of this new growth is sustainable. But for now, ZEN is under the spotlight.
ZenCash was launched a year ago as a fork of Zclassic, which, in its turn, is a descendant of Zcash (EXANTE: ZEC.EXANTE). Like its predecessors, ZenCash allows you to conduct confidential operations using z-addresses (anonymous) and t-addresses (aliases).
By Nadya Astam