Kraken will enable funding and open the order books shortly after the Zcash network launches and the first block is mined. The network launch is scheduled for the morning of Friday, October 28 PDT. Watch our twitter feed (https://twitter.com/krakenfx) for updates as we get closer to launch! Note that there are no premined coins with Zcash, so sell orders will build up gradually on the books as Zcash block rewards come in.
Zcash (ZEC) trading begins on Kraken this Friday, October 28!
What is Zcash?
Perhaps the most hotly anticipated digital asset of 2016, Zcash has a highly regarded development team and investment from major VC firms (Pantera, Fenbushi, and The Digital Currency Group) and Bitcoin VIPs (Roger Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai).
Zcash offers complete transaction privacy. While transactions can be seen on the blockchain, the sender, recipient, and amount of the transaction remain private. The payment details can be revealed to others, but only if users give them the transaction view key.
Read more: https://z.cash
What Zcash pairs will trade on Kraken?
ZEC/XBT, ZEC/EUR, ZEC/USD, ZEC/GBP, ZEC/JPY, ZEC/CAD
Margin: Coming soon - stay tuned for details!
When exactly will trading start?
Kraken will enable funding and open the order books shortly after the Zcash network launches and the first block is mined. The network launch is scheduled for the morning of Friday, October 28 PDT. Watch our twitter feed (https://twitter.com/krakenfx) for updates as we get closer to launch! Note that there are no premined coins with Zcash, so sell orders will build up gradually on the books as Zcash block rewards come in.
How do I deposit Zcash to my Kraken account?
It is very similar to other digital asset deposits - in your Kraken account navigate to Funding > Deposit > ZEC. Generate a deposit address and send your ZEC to this address.
Will my Kraken deposits and withdrawals be private?
Zcash supports both private addresses and public addresses. Due to added complexity in handling private addresses, Kraken will initially only support deposits and withdrawals to public addresses, meaning that some transaction details of your deposits and withdrawals will be viewable on the blockchain similar to how Bitcoin transactions are viewable. However, clients can still achieve good privacy by sending deposits from a private address (sender hidden) and transferring coins to a private address after withdrawing from Kraken. We plan to offer support for private addresses later.
Other new coins
In case you missed it, we recently added two other digital assets that you can read about on our blog.
ICONOMI (ICN): http://blog.kraken.com/post/152298918842
Augur (REP): http://blog.kraken.com/post/151342010062
Questions?
If you have questions about anything in this email, please contact support at: https://support.kraken.com
Thank you for choosing Kraken, the trusted and secure digital assets exchange.
The Kraken Team