US Crypto Exchange Coinbase Adds Support for Zcash on Retail Platform and Mobile Apps

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Major American cryptocurrency exchange and wallet provider Coinbase has launched support for Zcash (ZEC) at Coinbase.com and the exchange’s Android and iOS apps, according to a blog post published Dec. 5.

Per today’s announcement, Coinbase customers can now purchase, sell, send, receive, and store ZEC. The coin will be available for customers in most jurisdictions, but initially customers from the United Kingdom and the state of New York will not be able to use the service. Coinbase further notes that additional jurisdictions may be introduced later.

Since Zcash is a digital currency based on a decentralized blockchain and designed with the goal of making transactions more private than they are on the Bitcoin blockchain, it deploys specific features of cryptography

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