ZEC

0fWhomIAmChief

99.999% of blockchains are public. The few that arent, their privacy is still questioned by critics, most namely Monero and now, the sudden rise of ZEC.

Cultural-Candy3219

On timing, I would plan for weeks to months, not days. Regulators usually first acknowledge or triage the complaint, then ask the firm for a response, then decide whether it is within scope and whether they will push for remediation. It is rarely a fast trade-support channel. So I would split this into two tracks: keep pressing Binance for a written final position now, and file the VARA complaint with a clean timeline in parallel. Include screenshots or exported statements showing the migration date, when ZEC became restricted, each failed close attempt, the force-close terms, the created net long exposure, and the price at each key timestamp. If you file, ask for a case or reference number and the expected review steps, not just a generic received-it email. I would also keep the complaint itself very dry. The strongest version is a chronology of what control failed, when you lost the ability to reduce risk, and what loss that caused.

Certain-Use8674

Binance has completely ruined my situation financially and emotionally with this ZEC issue. My short position was force closed at an adverse price, and during settlement a net long exposure was created from Binance’s side. Since then, the market has continued falling while I still don’t have execution functionality to manage or close the position myself. What makes this worse is that the technical/compliance team has shown no willingness to reclaim the losses caused by their own platform issue. At this stage, I would also like to understand how long a case filed with VARA would typically take to be reviewed and resolved. After this experience, I no longer have confidence in continuing to trade with Binance.

These-Apple-6673

AI sector looking good, i had a daily swing for RENDER and WLD breaking their range. Might be a rotation from the ZEC and HYPE profits

yefuck

ZEC and WLD having a good time. Same with HYPE. Every coin pumping though seems to be a time long gone lol

Cultural-Candy3219

The missing piece now is not whether Dubai rules can restrict ZEC in the future; it is how Binance handled the transition for an already-open margin position. Keep that distinction very clear in every escalation. A complaint package should probably be framed around four factual questions: 1. What date and time did your account legally/operationally move to the Dubai entity? 2. At that moment, what close-only process existed for ZEC positions that were already open? 3. Why did the user-side reduce/close path fail if their own notice said existing positions could still be managed until June 8? 4. Which internal timestamp did they use when deciding the final settlement price, and why was the earlier failed-close window ignored? I would avoid making the dispute sound like a request for them to support ZEC again. That gives them an easy policy answer. The stronger issue is narrower: live exposure remained on your account, the normal risk-reduction control was unavailable, and the manual fallback arrived only after several days. If their front-line support keeps repeating the VARA/privacy-coin explanation, ask for the formal complaints route for Binance Dubai FZE and send a single chronology with attachments: migration notice, first failed close attempt, each failed execution screenshot, support promises, force-close authorization wording, final close timestamp, and the price difference you are disputing. Also ask them to preserve the platform logs for your account during that window. That does not guarantee an adjustment, but it makes the case about operational control failure rather than a general trading-loss argument.

Certain-Use8674

Binance has now clarified that my ZEC restriction was triggered after my account was migrated to Binance Dubai FZE on May 20, 2026. Their position is that ZEC is treated as a restricted privacy coin under the Dubai/VARA framework, so the trading access I previously had under the old Binance entity no longer applied after migration. I understand that explanation for why ZEC may not be supported going forward. But that still does not answer the core issue: I already had an open position, the exposure remained live, but the close/reduce function from my side stopped working for several days. If a legacy position is still active, there should be a proper close-only or risk-reduction route available. Instead, I was left with live exposure, failed close attempts, and unclear pricing impact. Binance is also refusing to review or adjust the price difference between the market level where I originally attempted to close/reduce the position and the materially different level where the position was eventually force-settled several days later. From my perspective, this points more toward an operational/control failure during the migration and restriction handling process . I believe situations like this deserve proper regulatory review so that users are not left exposed without a working risk-reduction path during compliance transitions.

Cultural-Candy3219

That explanation raises a different issue than compensation: whether the migration controls were applied symmetrically. If ZEC became restricted for UAE accounts, the sensible control pattern would be to block new exposure, warn existing holders, and preserve a close-only route until legacy positions are gone. A position that remains live while the user-side close path is disabled is the operational gap I would keep pressing them on. I would now ask for a written incident timeline rather than another general policy answer: - when your account was moved under the Binance Dubai / UAE rule set - when ZEC isolated margin became unsupported for that account type - whether your position was opened before or after that restriction took effect - what close-only process was supposed to exist for legacy restricted assets - why that process was unavailable to you for several days - what exact timestamp, price source, and approval path were used for the forced settlement Their jurisdiction explanation may justify not supporting ZEC going forward, but it does not automatically explain why an already-open position had no working risk-reduction path. I would keep the complaint narrow around that control failure: live exposure, no usable close function, delayed manual settlement, and unclear pricing.

Certain-Use8674

Binance has now force-settled/closed the original ZEC isolated margin position and later explained that the issue was related to UAE jurisdiction restrictions on ZEC after the Binance Dubai migration process. However, what I am still struggling to understand is: * if the restriction was already applicable, then how was the position originally allowed to be opened and maintained, * why the execution/close functionality stopped working during an active live trade while Binance’s own migration notice stated existing positions could remain manageable until June 8, * and why the detailed explanation only came after several days and after the position had already been force-closed. I had originally attempted to reduce/close the position much earlier, but the execution functionality was not working at all from the platform side. I shared screenshots, timestamps, failed execution notifications, emails, and other records throughout the process. The position was eventually force-settled at a materially different level, which significantly changed the financial outcome from my side. What makes the situation even more confusing is that earlier my exposure was effectively a net short position, but after Binance force-settled the account to recover/repay its own margin loan exposure, a remaining positive/net long ZEC balance was automatically left in the account. At the same time, the trading functionality for ZEC remains unavailable from my side under the UAE restriction settings, meaning I currently cannot even manually manage or close that remaining exposure myself. The entire experience has honestly been extremely stressful, especially because almost all my liquidity was tied up during this period and the delays also affected my ability to meet financial obligations on time.

Certain-Use8674

Thanks again, this actually helped me think about the situation more clearly. I asked Binance similar questions in writing. Their response was basically that they can’t comment on future dispute/compensation rights beyond the agreement wording, and that the force-close would happen at whatever market price exists when the execution eventually happens. I’ve already shared screenshots of failed close attempts, timestamps, loss movements, and other records from my side, but honestly it feels like the focus is still mainly on getting me to sign the force-close authorization rather than properly addressing the execution failure itself. The difficult part for me is that almost all my funds are tied up in this ZEC position right now, so practically my liquidity is stuck while the issue keeps dragging on.

Cultural-Candy3219

The repeated force-close request may be more about creating an authorization trail than about them having already explained the bug. That does not make the delay acceptable, but it explains why support keeps pushing the same form instead of giving you a technical root cause. I would make the next message very narrow and hard to dodge: 1. What exactly am I authorizing: a market close when the operations team gets to it, a close using the timestamp when I first requested help, or some manual adjustment? 2. Does signing this preserve my right to dispute the prior access/execution failure, or does it waive that claim? 3. Can Binance freeze the exposure/valuation reference at the time the close-only route first failed, since the delay is platform-side? 4. Can any unaffected balances be withdrawn now while the ZEC case stays open? If they will not answer those in writing, ask for escalation on the basis that you are not refusing to reduce risk; you need written execution terms before authorizing a delayed manual close. Keep everything in the ticket, with UTC timestamps and screenshots. Phone/chat-only answers are much weaker later. Given your liquidity need, the real tradeoff is probably not “wait vs perfect fix.” It is whether a documented force-close that explicitly preserves your dispute rights is safer than staying exposed for more days. I would avoid signing anything that reads like a broad release of claims.

--Ivxry--

It buying ZEC 2 months ago at the 200-220 price range

AutoModerator

Post is by: tornavec and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tnxn63/trump_freed_crypto_but_privacy_coins_are_still/ Donald Trump is widely regarded as the first 'crypto president', having dedicated himself to making cryptocurrency accessible in the United States and around the world. He succeeded in bringing high-profile investigations against crypto industry leaders to a close, and granted pardons to Ross Ulbricht and Changpeng Zhao. However, anonymous coins have not been spared — quite the opposite, in fact. New laws being considered and passed by Congress could ultimately ban private coins. David Sacks, the Trump administration's crypto czar, is promoting such a ban. U.S. crypto exchanges are taking pre-emptive action. In March 2025, Kraken suspended XMR trading for EEA clients. Binance delisted the coin earlier that same year. In April 2025, Poloniex delisted Monero globally. Zcash can still be purchased in the US on Coinbase, Robinhood and Phemex. The overall trend for anonymous coins is negative. By 2025, 73 exchanges worldwide had delisted at least one privacy coin — up from 51 in 2023. Crypto gateways provide stable support for anonymous coins. Customers can legally purchase them through Cryptomus, NOWPayments, CoinPayments and CoinRemitter. This opens up the possibility of ZCash and Monero being adopted for corporate and retail payments. Grayscale’s conversion of the ZCash Trust into a spot ZEC ETF could spark institutional interest. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Fit_Employment_2595

You mean ZEC

SpontaneousDream

I was too early on the ZEC trade. Sold very low at like $50 to break even. Also too late selling on the LINK trade and only made like $20k when I could've made $200k. Thankfully I got it right with a few others so in the end it wasn't a big deal.

Cultural-Candy3219

That sounds like an execution/access problem, not a normal trading-loss dispute, so I would keep the case very procedural. A few things I would do before the record gets messy: 1. Export every order, position, balance, borrow/margin and trade-history record you can still access. Save the migration notice too. 2. In the ticket, ask for a written explanation of the exact restriction applied, when it started, and what close-only path Binance expects for pre-migration unsupported exposure. 3. Ask for escalation around a manual close, force-close, or equivalent risk-reduction action. That is clearer than a generic “why can’t I trade ZEC?” support thread. 4. Keep screenshots or screen recordings of failed close attempts with UTC time, pair, error text, platform/app version, and account region shown where possible. 5. If support keeps looping, use Binance Dubai FZE’s formal complaint route first, then the relevant UAE/VARA complaint channel with ticket IDs, the migration notice, and your failed-close evidence attached. I would avoid opening unrelated new trades while this is unresolved. The cleanest argument is that you were trying to reduce an existing pre-migration exposure and the platform control prevented the risk-reduction action.

AutoModerator

Post is by: Certain-Use8674 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tnjmo7/binance_dubai_fze_migration_issue_unable_to_close/ Has anyone else in the UAE faced serious issues after Binance account migration to Binance Dubai FZE, especially with unsupported assets like ZEC? I’ve been dealing with an unresolved execution issue for the past several days involving an active ZEC spot leverage position that I was unable to close, sell, or even force close from my side. The position was originally opened before the Dubai migration restrictions, and Binance’s own migration notice stated that existing positions/orders would remain active until the applicable deadlines. The problem is that when I attempted to actively close and manage my exposure, the execution/close function stopped working properly on my account. Since then, my case has been under continuous escalation with Binance support, technical teams, derivatives teams, and compliance/relevant teams for several days without a practical resolution yet. During this period: * I remained exposed to continued market volatility * My losses increased significantly * I was unable to access my funds * I experienced delays affecting urgent financial obligations To be fair, the support agents themselves have generally been polite and responsive, and they repeatedly confirmed the case is escalated internally. However, the lack of transparency, clear timelines, and practical resolution for such a serious execution issue has honestly been extremely stressful. I’m sharing this mainly to understand: 1. Whether other UAE users faced similar migration/execution issues after Binance Dubai FZE migration 2. How long such cases realistically took to resolve 3. Whether anyone successfully received compensation review for losses caused during unresolved execution issues Would genuinely appreciate hearing others’ experiences. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Careless-Bluejay-134

It's still a decent bet for young people. I mean, it's hard to imagine a scenario in which Bitcoin doesn't get to 15% of so of the market cap of gold, which would make it a 2-3x. That's still \*something\*. It's a good play, though I agree not life changing, if that's your point. I don't know whether we'll see another "alt season", given there's so many damn coins. But the kids can still play on the edges, they may hit a HYPE or a ZEC or whatever.

fygooooo

depends on what you're trying to do with it, ZEC has been bleeding for months

Leithm

I don't think there is one, but yeh I should have picked a better time range. [Source](https://www.binance.com/en-GB/trade/ZEC_BTC?ref=40896146&type=spot)

Vnogkiller

Gpt — My opinion: shielded ZEC is the superior privacy technology. Monero has historically been the superior privacy default/user-behavior system. That distinction is the whole knife edge. Zcash shielded transactions use zk-SNARKs, meaning the chain can verify a transaction is valid without exposing sender, receiver, or amount. That is a deeper privacy model than Monero’s “hide the real spend among decoys” approach. Zcash is not saying “one of these 16-ish outputs is real.” It is saying “the proof is valid, but the details are not revealed.” That is a cleaner cryptographic beast. Zcash’s Orchard protocol is the current shielded design, and Halo/Halo 2 removed the old trusted-setup problem that haunted earlier Zcash narratives. Monero’s strength is mandatory privacy by culture and protocol design: ring signatures for sender ambiguity, stealth addresses for receiver privacy, and RingCT for hidden amounts. That makes Monero very strong in practice because users are not constantly choosing between transparent and private modes. Where Monero is weaker, in my view, is that ring-signature privacy is probabilistic and decoy-dependent. The system’s privacy depends heavily on ring size, decoy selection, wallet behavior, timing, churn patterns, and statistical analysis resistance. Monero researchers themselves continue refining decoy selection because the wrong decoy distribution can leak probabilistic clues. Where Zcash is weaker is social/adoption reality. Optional privacy used to be its Achilles’ heel. Transparent ZEC damaged the narrative because people could say, fairly: “great tech, but most users are not using it privately.” That critique becomes less powerful as shielded adoption rises, but it was real for years. Recent analytics have shown meaningful growth in shielded supply and shielded usage, which is exactly the metric that matters for ZEC’s privacy set. So my ranking: Best pure privacy architecture: shielded ZEC. Best historical privacy-by-default coin: Monero. Best future-facing privacy tech: ZEC, especially if shielded-by-default wallets become normal. Best current “normie can’t accidentally use it transparently” privacy UX: Monero. My blunt thesis: Monero is a beautifully hardened privacy coin. Zcash is a more powerful cryptographic privacy platform that spent years underusing its own weapon. That is why your line works: If BTC proves digital scarcity matters, then ZEC argues private digital scarcity matters.

Demodras777

I mean ZEC isn't done.

Economy_Appearance72

So does everyone hate DEXE, marching towards the top 30, never gets mentioned,ZEC was hated....

pickledmagahead

Should I buy ZEC

pickledmagahead

ZEC

LTP-N

You're thick as fuck and painfully insecure. Can't come up with any rational counter-points, and think acting superior will "win". A recycled internet catchphrase is the perfect ending to an argument that lacked any original thought. When basic economics dismantles your premise, falling back on a scripted crypto meme is all you have left. Thank you for proving my point entirely. I very much likely own more BTC (ETH, ZEC, and XTZ as well) than you ever will. I also have a PhD so have a pretty well paid and cushty job. I'm FAR from poor, and you're going to pretend like you don't care, but you're gonna think about this comment and discussion more than you'll let on.

Numerous_Ruin_4947

It only launched in late 2024. Only 29.9% HYPE is in circulation. That's high risk. Yes, HYPE has a lot of hype currently. It will be tested though just like all the blockchains. ZEC is up a lot more than HYPE since late 2024.

Numerous_Ruin_4947

See this: HYPE in Circulation: 29.9% (High Risk) Circulating Supply: 298.68 million HYPE Total Supply: 999.22 million HYPE Max Supply: 1.00 billion HYPE HYPE is still fairly new and is up about 77% since launching in late 2024. Yes, that means it may still have a lot more upside. But it also means massive pullbacks are still on the table. Every major crypto has gone through brutal crashes at some point - BTC, ETH, SOL, ADA, DOGE, ZEC, and plenty more. HYPE will not be immune. Pullbacks are part of the game, especially with newer assets that have not been fully stress-tested yet. How many times have we seen this same story? People convince themselves it is the next Bitcoin or Ethereum and destined for the moon. Then you actually look at the tokenomics and go: “WTF?” Tiny circulating supply, massive future dilution, insider allocations, unlock schedules everywhere. We have seen this movie so many times in crypto.

Kidatsfresh

ZEC, HYPE, VVV, BTC are the only 4 relevant coins rn

FFMooch

Lol, "ZEC" just slipped in there. No one cares about the S coin.

dmx442

> Combine this with the ability to use digital assets like BTC, ZEC, ETH, USDT, etc. as collateral in banks and we will see an explosion of trillions of dollars in market cap across the board. Initiate **ZE DUMP!**

zer0nerd

You might have better luck with ZEC

Bitter_Tea442

ZEC is having a moment this week (and last) with the DC political class because of its recent pump. It will pass.

yefuck

lol itt everyone shilling their bags. No one mentioning ZEC? The only green in a sea of red

vekypula

Final confirmation about the ZEC artificial exit pump [https://www.reddit.com/r/CryptoCurrency/comments/1theci1/zooko\_deleted\_his\_9\_year\_old\_post\_on\_x\_about\_a/](https://www.reddit.com/r/CryptoCurrency/comments/1theci1/zooko_deleted_his_9_year_old_post_on_x_about_a/)

yefuck

I too wanted to do this when ZEC hit $700 knowing a pump for XMR would follow and… didn’t find anywhere.

TokenTickler

Try ZEC

sylsau

**🥶 Is the Crypto Winter TRULY behind us? 🌅** What if Bitcoin already found its absolute bottom at the $60,000 mark? While the mainstream media is entirely focused on Wall Street breaking records, a monumental paradigm shift is happening quietly in the crypto market. 🤫 In my latest article, we dive deep into the charts, the on-chain data, and the macroeconomic factors that suggest a new era is dawning. Here is a sneak peek at what is unfolding: * 🐳 **Whales are Accumulating:** The $60k support level has been fiercely defended, acting as an ultimate technical fortress. * 📈 **The 50-Month MA Magic:** History often rhymes! Touching this crucial moving average on the monthly chart has historically ignited massive bull runs toward new All-Time Highs. * 🔥 **Altcoins are Awakening:** Zcash (ZEC) recently exploded by 50%, while Ondo (ONDO) and Toncoin (TON) are showing incredible resilience. Liquidity is intelligently flowing back into the ecosystem! * 💼 **ETF Dynamics:** We recently witnessed a $630M single-day outflow... but is it a bearish signal, or just healthy institutional profit-taking before the next big leap? Targeting a new ATH of **$126,000** might seem incredibly ambitious right now, but the technicals and the institutional setups are quietly lining up behind the scenes. 🚀 Ready to understand why $60,000 is the ultimate line in the sand for this cycle?

ProfitAccording4178

\[covert.exchange\](http://covert.exchange) has both ZEC and XMR, there you can swap easily and liquidity is quite big.

Timely_Ticket_5987

Yeah, most exchanges don’t support sending directly to shielded ZEC addresses so what you’re seeing is pretty normal. If you send to a transparent address first, then shield it from your own wallet, you still regain privacy on-chain, just with an extra step. So it’s not perfect, but it’s the usual workaround

matchday_museum

One of many instances showing that as per privacy ZEC is half measure. But still wonder why they dont allow ZEC s address but XMR is fine, which is all 'shielded' by default.

MrFrydenlund89

Yeah I tried out ZEC for the first time last month, new wallet setup and everything. Then found out that every damn unshileded tx may as well be bitcoin, except you dont get a new address each time but need a new seed. So I just got XMR instead.

Potential_Carrot_254

I didn’t try this but i think if you send ZEC to a burner (temporarily) wallet transparent address and then into your shielded address then it might work.

Okeechombre

This is precisely where ZEC comes into play.

SupernovaScoped

Can I get a fuck ZEC in the chat yaaaEEEE

unknowngloomth

Like one whole year? Like you keep buying and see nothing happen? So how come ZEC is going up? am I missing something?

unknowngloomth

But I don't hold ZEC, dude. How am I shilling?

look_45

[covert.exchange](http://covert.exchange) has both ZEC and XMR, there you can swap easily and liquidity is quite big.

MentallyOnBreak

Zcash’s recent move is better explained through a mix of liquidity, privacy narrative strength, and attention cycles rather than influencers alone. Privacy coins tend to gain traction when sentiment and access align, and that’s when KOLs enter the picture to amplify visibility. Even KOLs and Web3 investors like Evan Luthra operate heavily on visibility, content, and ecosystem distribution. In cases like ZEC, influencers don’t create the trend, they accelerate an already forming narrative once market conditions are in place.

givenofaux

According to the researchers, a lot of the privacy coin’s woes can be, er, traced back to how very few Zcash users choose to make use of the “shielded pool” that stops outsiders from connecting the dots between transactions. “As each user in the shielded pool becomes linked to the transparent pool, the overall anonymity of the ZEC ecosystem reduces as the anonymity set shrinks drastically. On top of the already miniscule set of users even utilizing shielded transactions at all, Zcash is effectively traceable as of this study,” the researchers wrote.

Choice_Potato_6279

Winklevoss have invested in ZEC, they said it will reach $10k per coin, buy now or regret later.

fairysquirt

No. They are using it for its privacy layer. Its non comparable to SOL. Just the billion they liquidated from SOL is likely washed through ZEC to obfuscate.

givenofaux

When it comes to Electric Coin Co.‘s Zcash, even powerful zero knowledge proof encryption—zk-SNARKs—can be overcome. The blockchain intelligence firm claims that it is able to provide the transaction value—and at least one address involved in the payment—for more than 99% of ZEC activity. Thus, because the majority use them in a “straightforwardly identifiable way,” shielded pools rarely offer a cloak of invisibility. “Dash and Zcash allow users to conduct transactions with greater privacy, but that doesn’t mean they provide total anonymity,” the blog explained. “The two cryptocurrencies’ privacy features—both in how they’re built as well as how they’re used in the real world—leave room for investigators and compliance professionals to investigate suspicious or illicit activity and maintain compliance.” Privacy? What privacy? The research suggesting that privacy coins aren’t all they’re cracked up to be has been building up for some time. As reported by Modern Consensus last month, a study by Carnegie Mellon University revealed that just 0.09% of Zcash transactions in a 30-day period were untraceable. The reason was simple: so few Zcash users “turn on” the privacy feature that the “shielded pool” of Zcash is miniscule, and even the shielded ZEC connects to “transparent” transactions. Researchers warned its ecosystem “is not conducive towards achieving anonymity for its users”—and pointed out that, in any case, most criminals preferred to use Bitcoin anyway, partly because privacy coins are difficult to buy and sell on exchanges. Its findings also revealed why Chainalysis is still unable to support the Monero privacy coin. The university concluded that XMR’s approach means that it is “much harder” to trace payments made using this cryptocurrency. With Monero, a single-use address is generated every time a transaction is performed—and ring signatures that add decoys have been introduced to narrow traceability further. “The percentage of partially or fully deducible transactions has been nearly zero for over two years,” Carnegie Mellon said at the time.

Leithm

Privacy becoming a thing, ZEC/XMR/Dash all strong recently

Choice_Potato_6279

Thanks for the links but none of these sources show that shielded Zcash transactions were deanonymized. • The “99% traceable” article refers to **transparent ZEC**, which is obviously traceable. • The Elliptic/Chainalysis announcements are about **exchange compliance**, not breaking zk‑SNARKs. • Dash was never private it’s just CoinJoin, which is trivially cluster‑analyzable. • And DARPA funding early zero‑knowledge research is not the same as “the US military built Zcash.” If you have a source showing **actual deanonymization of z‑to‑z shielded transactions**, I’m still interested but so far none of these links demonstrate that.

WisdomOfAthens

As governments continue to rack up debt and welfare handouts, they're going to need to find more sources of revenue. Taxes on wealth are just one example of this. What better place to hide some wealth than ZEC and other privacy coins? Privacy will become a bigger and bigger theme over the coming decade.

givenofaux

https://news.bitcoin.com/not-so-private-99-of-zcash-and-dash-transactions-traceable-says-chainalysis https://modernconsensus.com/cryptocurrencies/alt-coins/without-a-trace-not-zcash-researchers-warn https://www.coindesk.com/business/2020/06/30/elliptic-follows-chainalysis-in-adding-zcash-to-monitoring-platform Then there is a problem of who developed ZEC. The US and Military helped fund the project. zerocash-project.org/about_us

unknowngloomth

Damn, so is ZEC basically the next SOL? 🤔

look_45

[covert.exchange](http://covert.exchange) has both ZEC and XMR, there you can swap easily and liquidity is quite big.

Good-Book-6912

Then you are fools, when ZEC actually has better anonymity than Monero. You just have to shield them.

Choice_Potato_6279

That article doesn’t show Zcash being cracked.   It’s from 2019 and it only says Chainalysis can analyze transparent ZEC (the Bitcoin‑like part), not the shielded pool. If you have a source showing they can deanonymize shielded Zcash transactions, please link it, because that article definitely doesn’t say that.

Choice_Potato_6279

Got any sources for that?   I’ve seen people repeat the “Chainalysis cracked ZEC” claim for years, but I’ve never seen an actual report showing they can deanonymize shielded Zcash transactions.   If you have something concrete (not just headlines about transparent addresses), please link it Im genuinely curious.

FriendsMade_MeDoIt

My guess is part of it is just traders rotating into whatever looks “undervalued” relative to older privacy coins. ZEC has one of those charts where once momentum starts, people pile in fast even if the fundamentals debate never really gets settled. Also feels like exchange accessibility matters more than people admit. A lot of casual traders can still buy ZEC pretty easily compared to XMR in some regions, and that alone changes volume behavior a ton. I’ve seen plenty of people in crypto circles who like Monero more philosophically but still trade ZEC because it’s simpler to access on their normal exchange.

Choice_Potato_6279

ZEC privacy wasn't cracked, XMR was compromised by a blockchain reorg, it's no longer viewed safe. It's funny how another reddit's favorite goes to shit, like with DAI.

Choice_Potato_6279

Bitcoin maybe would've been valued 50-100b as an interesting innovation payment processor if it was a company. If not for NFT's and ICO scams this ETH alt would probably have had like $10B marketcap for a moonshot potential that some day it will be used more, right now it's valued as if it landrd on the moon arleady and achieved it all. Where it's getting interesting it's ZEC, here we have an undervalue potential, drug lords may pay top money to hide their wealth, the problem is it might take decades to prove itself before anyone deploy billions into this.

Extension-Dentist-42

I heard Ripple is integrating the ZEC and that's why it's pumping.

xxALLARKxx

As a privacy respecting and KYC-free platform(ALLARK), we don't take ZEC seriously, we DO support Monero. And we have not seen any reason to change that decision yet.

Amidstmist

Could also be exchange accessibility. XMR faces more delistings/restrictions, while ZEC is still easier to trade in some places.

givenofaux

🤣 I’ve been here since before ZEC and was here when chainalysis decloaked Dash and ZEC. It’s been a long and exciting ride. Go do some actual research

Bert_Man_520

It’s interesting what coins are printing during this season. I agree XMR is superior in use. Honestly don’t know enough about ZEC to throw money at it.

LTP-N

Don't trade. Every time I did, something happened. My exact last 2 trades, for example: Moved all XTZ to ZEC - Days later the ZEC team "left", tanked 30%+. Latest trade = waited until I ea shack in profit and moved everything back to XTZ for a nice 1,500 XTZ bonus.. mint even 24hrs later... ZEC show up 40%.

GeoSystemsDeveloper

I've been mostly busy building the [HODLings](https://www.geosystemsdev.com/products/hodlings/) tracker lately, so don't have the time to follow all the new alts. I'm interested in the "old-school" alts (ETH, SOL, ZEC, AVAX, ADA, XTZ and XMR). Which alts do you follow?

SupernovaScoped

XMR is better then ZEC

whatwilly0ubuild

The tension you identified is real and there's no clean answer. Fiat on-ramps almost universally require KYC because that's where regulated entities sit. The privacy comes after acquisition, not during. How Zcash privacy actually works. You buy ZEC through whatever means, then shield it by sending to a z-address (shielded pool). Once shielded, the transaction graph breaks. Someone who sees your CEX withdrawal can't trace where those coins went after they entered the shielded pool. So buying on a CEX and then shielding doesn't "defeat the purpose" entirely, it means your acquisition is known but your subsequent activity isn't. Non-KYC acquisition options that exist. Peer-to-peer trades (LocalCryptos equivalents, though liquidity is thin for ZEC). Earning ZEC directly for goods/services. Mining, though not practical for most people. Atomic swaps from other crypto you already hold privately. The practical reality is that these options have limited liquidity, wider spreads, and higher friction than just using an exchange. On wrapped ZEC or DEX options. There's no significant ZEC presence on Ethereum DEXes. Zcash is its own chain and the privacy features only work natively. Wrapped versions on other chains defeat the privacy properties entirely. The honest trade-off is that convenient acquisition means KYC, and private acquisition means friction and limited options.

SupernovaScoped

Probably because the privacy narrative has run…that’s on everyone’s radar. And well ZEC…it’s not even a privacy coin. It’s a centralized pump and dump dumpster fire. Is it too soon to start digging the graves for Robinhood buyers?

Fit_Employment_2595

*ZEC is what people think Bitcoin is

Fit_Employment_2595

Lol was looking for this. Alts are dead... Meanwhile ZEC is ripping upwards

Fit_Employment_2595

BTC is dead, alts are dead, ZEC is waking up.

siorge

ZEC is the most obvious trade in a while. There is 10T of undeclared wealth globally. Imagine only 1% of it moves on chain. Privacy is the narrative of the upcoming cycle

Crypto-Bets

Market is consolidating into BTC, ETH, SOL, XRP, DOGE, ZEC & XMR. Memecoin money is migrating towards ZEC

Accomplished-Eye5567

I own a lot of ZEC. Pretty obvious if you check my X too

CaptainTrader32

It was pumping alongside the crypto market. US–Iran sissyfire was the main catalyst, but ZEC outperformed crypto markets despite low volumes (a small number of traders pumping the markets). Then came Robinhood on April 23, so I am guessing insiders and their girlfriends had an idea about its relevance. The May 5 announcement by Multicoin's dude fired this rally more than anything. Yes, it's well orchestrated, and now every CT bull is reposting the same thing you did. ZEC shielded addresses were rallying even during the bear market. doesn't change anything when it comes to spot demand. I am not bearish per se. But I am also not a fan of assets flying 200% in a month outta nowhere. This actually led to a top in November 2021: ZEC pumped over 200% in two months or something, followed by a 95% crash lol. My friends. Avoid leverage. keep holding. )

Accomplished-Eye5567

The shielded ZEC pool is the leading indicator. A fleeting shift would be pump and dumps in terms of the amount of shielded coins. That isn’t happening. Instead, there is massive accumulation + shielding which indicates people are buying and keeping their coins private. Zcash’s network effects are largely built around how many coins make it to the shielded pool

Accomplished-Eye5567

I’m not an either or person. Both can win for unique reasons. Monero can have a place in the market too. ZEC is carrying the torch of making privacy mainstream right now but Monero can have a use case that is complimentary

ChangeNOW_Community

ZEC specifically is sensitive to this because privacy coins tend to stay dormant until a macro or narrative trigger brings them back into rotation

xanokothe

ZEC up again

winphan

1. I think Solana has pegged ZEC. If you have USDC on Sol or any other token on SOL, you can swap for pegged ZEC. 2. If you have USDT or USDC, there are several exchange websites that let you swap between cryptos for a small fee without KYC.

Big-Finding2976

So buy Monero. If ZEC was actually private like Monero, the authorities would have banned it like Monero.

MaximumStudent1839

I was probably one the biggest SOL advocate in this sub when Ethereum was the consensus. You can check my history. Everyone was convinced SOL would die from the unlock. Arthur Hayes, a big ZEC shill, was confident SOL couldn’t break above $100 and it would crumble over from the unlocks. Why? It is because SOL had the tech at time to solve ppl’s frustration on ETH main net. There was a clear gap. It pioneered multi fees market and parallelization. What ZEC is doing neither novel nor have evidence of pmf, besides being Barry’s favorite coin to pump. Using ZK snarks or variants to provide privacy is also done on Ethereum app layer. ETH railgun provides snark composability with smart contract. It is more than what ZEC achieves. There is no tech novelty here like Solana’s parallel transaction. Now let talk about “narrative on adoption”. The whole “noise” is about how rich ppl want to escape taxes so they want to hide in ZEC. It doesn’t make sense. If you are wealthy, you want to hide in a liquid market. Rich ppl aren’t going to gamble their net-worth on a low cap to get rich - they are already rich. They want to keep their wealth and stay rich. There is no reason why they wouldn’t choose ETH with its privacy infra over ZEC. ETH is a more liquid market, more venues to exit, etc. So the so-called “pmf” is betting on fictitious rich ppl to use your chain…. This isn’t a Solana case.

TheGDC33

It appears you can spot buy ZEC on BYDFI. It is no KYC and has been around 6 years

flex981

Native ZEC? I only see ZEC contract addresses for BSC and Near on coinmarketcap

Creative-Frosting189

Anyone have a clear picture as to why ZEC keeps pumping and constantly increases faster than other coins?

oopsmylifeis

Yeah, I'm starting to get careful with TAO and ZEC now because they rallied yesterday, and are volatile in general so I keep those position 90% off now until I find a better entry. In the past having multiple coins blowed me up so I try to close my trades fast now, no more holding (surprisingly it's what's working).

SpontaneousDream

[https://www.tradingview.com/symbols/ZECBTC/?timeframe=ALL](https://www.tradingview.com/symbols/ZECBTC/?timeframe=ALL) Do not ever buy ZEC.

i99990xe

It's true that BTC can't be frozen at the protocol level like USDT or USDC. However, its addresses still get blacklisted by OFAC. If you interact with them, your wallet gets "tainted" and you'll trigger risk controls at any major exchange. While hopping to privacy coins like XMR or ZEC can break the on-chain tracking, their liquidity pools are way too small. Institutional-sized money just can't enter or exit without massive slippage.

Accomplished-Eye5567

The people saying P2P are way behind (that’s like a 2018 method of trading) You can do a ZEC swap with no KYC using something like LeoDex which has done over $1.3M in BTC to ZEC swaps today alone 1. Go to something like LeoDex (or a different app if you prefer) 2. Set input to BTC (or whatever crypto you have) 3. Quote a swap to ZEC by putting it in the output 4. If you like the quote, connect & swap Done! No KYC and it takes a few mins to do. This is how crypto was meant to be moved

MaximumStudent1839

Depends if you just care about buzzwords or the actual implementation. If you care about buzzwords, the game is to just front run PnD groups - not really doable unless you have insider info or maybe a friend of Barry’s. If you care about implementation, then it is tricky. Quantum proofing requires to understand how the projects need to 1) architecturally deal with new computational load without getting more centralized and 2) it does shift the burden onto users’ end. For example for ZEC, a lot of misinformation from Barry’s group on hyping it as quantum resistant if you enter the shielded pool. The problem is ZK-snark proofs aren’t quantum proof. So if a quantum computer hacks into your shielded pool and forge fraud proofs, then your ZEC in the shielded pool is basically stranded like a hacked bridge’s asset. Even if they implement quantum proofs, ZEC design would require user to produce proofs on their end. It significantly amps up the hardware requirement on their user end to use ZEC. These are details you wouldn’t know if you just treat quantum as a pump and dump meta with your Barry’s friend group.

Accomplished-Eye5567

BTC and ZEC are a good solution

yefuck

i think if bitcoin bounces back and market sentiment improves the privacy wave might come back to life. ZEC and XMR are also just good projects anyways so I hold them regardless.

yefuck

ZEC, Dash, ZEN, BTC, LTC, ETH. but to be super clear I’m like 80% btc