That comparison between ZEC and scam/meme coins is overly simplistic. Unlike most memecoins, Zcash has a clear technological value proposition—offering robust privacy features that very few projects can match. Just because its price action resembles that of volatile, speculative assets doesn’t negate its underlying utility.
As for the Binance situation, while community votes carry weight, Zcash’s removal wouldn’t necessarily spell doom. Regulatory concerns and shifting exchange policies have affected many legitimate projects, yet they continue to thrive through DEXs and other platforms. If anything, this should be a wake-up call for Zcash supporters to push for broader adoption outside of centralized exchanges.
That said, keeping ZEC on Binance remains important for liquidity and accessibility. But let’s not conflate exchange listings with a project’s fundamental value.
I reached out to our contacts at Binance earlier today as soon as I heard this news, but I haven’t received a response yet.
We maintain close communication with their engineering and compliance teams. Regardless of the vote’s outcome, I’d be very surprised if Binance decided to delist Zcash. We shouldn’t even be on the monitoring list. If you look at the factors Binance considers for delisting (pasted below), the only one they believe is relevant to Zcash is “new regulatory requirements," and we worked closely with them to develop tex addresses to address those concerns. Binance has previously told us they do not plan to delist Zcash.
Also, note that the announcement states the following:
Users can vote for projects with the Monitoring Tag in the Vote to Delist pool that they wish to be delisted. While the community will play a greater role, the voting result will not be the sole deciding factor to determine the final delisting decision, which is subject to the official review process.
The exchange makes money. It doesn’t care about any of that. There is literally no guidance to exchanges about Zcash or Monero. If there wasn’t, we wouldn’t have any listings at all.
One thing’s for sure, when XMR got delisted, it dropped from $160 to $100, then later climbed to $240. But that won’t happen with ZEC. ZEC will just keep spiraling down endlessly.
you can deposit zcash or utilize flexa to pay for your chipotle burrito rather than use the burrito taxi loan shark tho. securing generational beans and rice
It was overly simplistic on purpose. “Look at the chart” is the strategy used by the majority of crypto natives and new to crypto explorers. Money, attention, talent, energy, et al is attracted to wealth creating projects.
This is very backwards thinking in my opinion, for the context of Zcash - a project almost a decade old, which has predominantly lived on Central Exchanges/ using transparent coins/ transactions. We’re way too late into this game to try and pull out an entirely different playbook.
Remaining compliant and diverse in features has always been the driving plan, and I believe it should stay that way. We need to have a maximum amount of both CEX and DEX available for people to access and custody ZEC.
Sadly yes, delistings are bad news. They hurt adoption, accessibility, brand perception, economics, et al
Find a company that is indifferent or even cheers about being delisted from the NYSE
As Jason notes, the user vote won’t be the sole factor in the actual delistings. So as above, if you’ve got a Binance account with ZEC, please participate!
I completely agree…that’s exactly my thinking as well. Expanding DEX presence isn’t about abandoning CEXs entirely; it’s about reducing reliance on any single point of failure. A strong, resilient ecosystem should ensure ZEC remains accessible regardless of what happens with Binance or any other exchange.
Remaining compliant while maintaining diverse access points has always been the strategy, and it should continue to be. Having both CEXs and DEXs maximized ensures liquidity, user choice, and long-term viability. If anything, this situation reinforces the need to push for more decentralized options without dismissing the importance of centralized platforms.
I don’t think you have this information, but Binance here in Brazil is one of the few exchanges that accepts ZEC and makes withdrawals and deposits in PIX, which is a payment method that only exists in Brazil. I think that if more exchanges accepted this other Brazilian payment method, Binance wouldn’t be missed, but unfortunately it is. It’s really bad to have just a few options I guess only Coinbase and P2P, which not everyone trusts.
While this activity was planned, we decided to implement the transition to today in light of recent events, to provide our users with enhanced options.
I’m not worried about that, if Binance delists ZEC it will only have a temporary effect, and may serve as a motivation to abandon the Transparent address and focus only on private transactions. Binance is just a company like any other existing company and it will not be the one to end the Zcash project. we have nothing to worry about. If the value of Zcash drops it will just be an opportunity to buy cheaper. the value of Zcash will not fall forever, Zcash will not end. I would like Binance not to delist Zcash, because I buy on Binance, but if it delists I will start buying on Coinbase. Who loses in all this? binance. It’s not Zcash that you will lose, as Zcash is much bigger than Binance.
let’s try not to despair. on top of these suits, we can have opportunities that have never been seen before. There is no problem with Zcash, the network has not been tricked, there is nothing wrong. Let’s calm down and think about what good we can get out of all this, let’s motivate ourselves, let go of what’s no longer useful and move forward. let’s forget about binance.
