BitBay (BAY) vs Zcash (ZEC) Comparison

Compare companies

On this page, you can compare BitBay (BAY) with Zcash (ZEC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

5.0 / 5 3 user reviews 4.7 / 5 3 user reviews

Cryptogeek rating

4.4 / 5 4.2 / 5

Trust Score

How it works
4.43 / 5 4.46 / 5

About

BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
Zcash (ZEC) is a cryptocurrency with strong cryptography that is supposed to provide high security and privacy. At some point, Zcash was endorsed by Edward Snowden and Roger Ver. Zcash is a Bitcoin fork and it exists since 2016. The mechanism providing privacy is called zero-knowledge proofs (or zk-SNARKS).

Type

coin coin

Founding Date

2014 2016

Country

International No data

Languages

No data No data

Team

Public Public

Protocol

No data Public blockchain

Current price (USD)

0.0104 31.0294

All-time high (USD)

0.4553 5941.8000

Price change (24h)

-0.98 -2.53

Volume (24h)

0.00000 821970.43798

Hashrate

No data 5

Max Supply

1029153366.00000 21000000.00000

Total supply

No data No data

Circulating Supply

0.00000 14888359.54054

Transaction speed / Block time

No data 26

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

PoS No data

Proof type

PoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

1032709571.09159 No data

Is trading

yes No data

Block reward

0.000000000000 No data

Block time

64 No data
Company
User rating User rating 5.0 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.43 / 5 Trust Score 4.46 / 5
About
BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
Zcash (ZEC) is a cryptocurrency with strong cryptography that is supposed to provide high security and privacy. At some point, Zcash was endorsed by Edward Snowden and Roger Ver. Zcash is a Bitcoin fork and it exists since 2016. The mechanism providing privacy is called zero-knowledge proofs (or zk-SNARKS).
Type Type coin Type coin
Founding Date Founding Date 2014 Founding Date 2016
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol No data Protocol Public blockchain
Current price (USD) Current price (USD) 0.0104 Current price (USD) 31.0294
All-time high (USD) All-time high (USD) 0.4553 All-time high (USD) 5941.8000
Price change (24h) Price change (24h) -0.98 Price change (24h) -2.53
Volume (24h) Volume (24h) 0.00000 Volume (24h) 821970.43798
Hashrate Hashrate No data Hashrate 5
Max Supply Max Supply 1029153366.00000 Max Supply 21000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 0.00000 Circulating Supply 14888359.54054
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 26
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability medium
Algorithm Algorithm PoS Algorithm No data
Proof type Proof type PoS Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 1032709571.09159 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 0.000000000000 Block reward No data
Block time Block time 64 Block time No data

Social

Website

bitbay.market z.cash

Twitter

@BitBayofficial @zcashco
Website Website bitbay.market Website z.cash
Twitter Twitter @BitBayofficial Twitter @zcashco

Advantages

Advanced and industry-standard trading tools; Well-regarded trade system Hidden transactions Top 50 coin Open source

Disadvantages

No fiat currency deposit methods; Selected offerings are available to only Polish users Future Regulations No Backing

Rating

User rating User rating 5.0 / 5 3 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.2 / 5
Advantages Advantages Advanced and industry-standard trading tools; Well-regarded trade system Advantages Hidden transactions Top 50 coin Open source
Disadvantages Disadvantages No fiat currency deposit methods; Selected offerings are available to only Polish users Disadvantages Future Regulations No Backing

BitBay (BAY) user rating is 5.0, based on 3 user reviews. Zcash (ZEC) user rating is 4.7, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.46 / 5 Write review
Choose other companies
BitBay (BAY) features

At the moment BitBay (BAY) price is 0.104. Its 24h volume is 0.0. 24h price change is -1.98.

BitBay (BAY) max supply is 1,029,153,366.0. The circulating supply is 0.0.

Block reward is 0.0.

At the moment the number of coins mined is 1,032,709,571.916. Mining profitability is low.

BitBay (BAY) Cryptogeek user rating is 5.0, based on 3 user reviews.

Zcash (ZEC) features

Zcash (ZEC) price is 31.294. Its 24h volume is 821,970.43798. 24h price change is -3.53.

Zcash (ZEC) max supply is 21,000,000.0. The circulating supply is 14,888,360.54054.

Zcash (ZEC) hash rate is 5. Zcash (ZEC) transaction speed/block time is 26.

Mining profitability is medium.

Zcash (ZEC) Cryptogeek user rating is 4.7, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare BitBay (BAY) with Zcash (ZEC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.