• Traders and investors can now buy and sell directly with Australian dollars on
an order book exchange
• Portfolios can be protected from price fluctuations
Melbourne, 06 September 2018: CoinJar has expanded its offering by listing Zcash (ZEC) in
its portfolio, meaning that for the first time in Australia, cryptocurrency traders and investors
will have access to a ZEC/AUD trading pair using an order-book through CoinJar Exchange.
Zcash (ZEC) is a leading privacy coin and will be listed alongside Bitcoin (BTC), Ethereum
(ETH), Litecoin (LTC) and Ripple (XRP).
Traders and investors can hedge their ZEC holdings against major fiat pairings including
Australian Dollars (AUD), Great British Pounds (GBP), Euros (EUR) and US Dollars (USD) to
temporarily protect their portfolio from price fluctuations.
CoinJar customers will now be able to send and receive Zcash with their CoinJar wallet, pay
bills via BPAY using ZEC, and can purchase everyday items using CoinJar Swipe, Australia’s
first digital currency EFTPOS card.
The addition signifies CoinJar’s intent to expand its digital currency offering, according to
CoinJar’s CEO, Asher Tan.
“We are incredibly selective over which assets we add and feel that Zcash is a meaningful
addition to our existing portfolio of four digital assets. At this time, we will only support Zcash
transparent addresses, but we aim to adopt and support shielded addresses at the first
opportunity,” said Mr Tan.
Zcash was launched in 2016 by security specialist Zooko Wilcox and is a decentralized and
open-source cryptocurrency forked from the Bitcoin blockchain. Zcash boasts a panel of
impressive advisors including Ethereum founder Vitalik Buterin and its blockchain provides
strong privacy protections for users through its zero-knowledge proof protocol, ‘zk-SNARKS’.
The Zcash listing is the latest in a busy year from CoinJar and follows the recent launch of the
CoinJar Digital Currency Fund, Australia’s first index-style fund, and CoinJar Exchange, the
fastest cryptocurrency exchange in the Australian market.
Posted from my blog with SteemPress : https://hodlitbro.com.au/2018/09/06/media-release-coinjar-exchange-lists-zcash-zec-offering-world-first-zec-aud-order-book/