We’re expanding rapidly and today we’d like to announce that ZEC and USDT markets are already available on Cryptology.com.
Trading pairs are:
ZEC: ZEC/USD, ZEC/EUR, ZEC/BTC
USDT: BTC/USDT, ETH/USDT, BCH/USDT, LTC/USDT
Here are short descriptions of new assets below:
ZEC is a cryptocurrency developed by Zerocoin Electric Coin Company and released on January 20, 2016. It uses cryptography to ensure enhanced privacy for users. The level of anonymity has been marked by several companies, such as WikiLeaks that started receiving donations in Zcash. Famous whistleblower, Edward Snowden, a former CIA employee, named Zcash the most interesting alternative to Bitcoin.
Circulating Supply: 4 165 631 ZEC
Max Supply: 21 000 000 ZEC
Issuing Date/Release Time: January 20, 2016
Tether is a cryptocurrency token, cryptofiat hybrid, issued on the Bitcoin blockchain via the Omni Layer Protocol by Tether Limited in November 2015 to facilitate the transfer of national currencies. Its symbol is ₮ and the ticker is USDT. Its price is tethered to the value of fiat currencies. USD and EUR are presently used and soon JPY will be included. The first one is the most common.
The price of Tether slightly changes and may stay the same for quite a long period. That is why it may be called a special crypto asset sometimes considered as an odd one. Though needed for other reasons. Firstly, it allows speedy transactions. Secondly, there are no fees between Tether wallets. Finally, its price is much more stable than that of any cryptocurrency. This may help when exchanging crypto assets whose prices are volatile and may sometimes grade the benefit of a purchase.
Circulating Supply: 2 507 140 814 USDT
Max Supply: 2 830 109 970 USDT
Issuing Date/Release Time: November 2015