BitBay (BAY) vs Zcash (ZEC) Comparison
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.
User rating
Cryptogeek rating
About
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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.
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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).
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Type
Founding Date
Country
Languages
Team
Protocol
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No data
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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
Hashrate
Max Supply
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1029153366.00000
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21000000.00000
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Total supply
Circulating Supply
Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
Is trading
Block reward
Block time
Company |
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User rating |
User rating
5 / 5
3 user reviews
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User rating
4.7 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.4 / 5
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Cryptogeek rating
4.2 / 5
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Trust Score
How it works
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Trust Score
4.43 / 5
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Trust Score
4.46 / 5
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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).
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2014
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Founding Date
2016
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Country |
Country
International
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Country
No data
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
No data
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
0.0142
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Current price (USD)
42.0051
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All-time high (USD) |
All-time high (USD)
0.4553
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All-time high (USD)
5941.8000
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Price change (24h) |
Price change (24h)
2.96
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Price change (24h)
-0.75
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Volume (24h) |
Volume (24h)
0.00000
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Volume (24h)
1683844.15038
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Hashrate |
Hashrate
No data
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Hashrate
5
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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
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Circulating Supply
15119562.66555
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Transaction speed / Block time |
Transaction speed / Block time
No data
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Transaction speed / Block time
26
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
medium
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Algorithm |
Algorithm
PoS
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Algorithm
No data
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Proof type |
Proof type
PoS
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Proof type
No data
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
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Total coins mined |
Total coins mined
1032709571.09159
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Total coins mined
No data
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Is trading |
Is trading
yes
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Is trading
No data
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Block reward |
Block reward
0.000000000000
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Block reward
No data
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Block time |
Block time
64
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Block time
No data
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Social
Website
Twitter
Advantages
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Advanced and industry-standard trading tools;
Well-regarded trade system
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Hidden transactions
Top 50 coin
Open source
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Disadvantages
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No fiat currency deposit methods;
Selected offerings are available to only Polish users
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Future Regulations
No Backing
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Rating
User rating |
User rating
5 / 5
3 user reviews
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User rating
4.7 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4.4 / 5
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Cryptogeek rating
4.2 / 5
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Advantages |
Advantages
Advanced and industry-standard trading tools;
Well-regarded trade system
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Advantages
Hidden transactions
Top 50 coin
Open source
|
Disadvantages |
Disadvantages
No fiat currency deposit methods;
Selected offerings are available to only Polish users
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Disadvantages
Future Regulations
No Backing
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BitBay (BAY) user rating is 5, 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.
Choose other companies
At the moment BitBay (BAY) price is 0.142. Its 24h volume is 0.0. 24h price change is 3.96.
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, based on 3 user reviews.
Zcash (ZEC) price is 42.51. Its 24h volume is 1,683,844.15038. 24h price change is -1.75.
Zcash (ZEC) max supply is 21,000,000.0. The circulating supply is 15,119,563.66555.
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.
When trading cryptocurrency, you should take into account the following rules:
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.
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.
- 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.
- 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.
- 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.