This pair measures the value of two widely respected cryptocurrencies: Zcash and Bitcoin Cash. We’ll notice similar trading patterns as both currencies are blockchain assets.
How to trade ZEC vs. BCH:
Like other cryptocurrencies, Zcash is influenced by how the world views crypto trading in general, and by news on major events in the blockchain industry. Regulation-related changes are also likely to cause shifts, should they take place. Events and news that focus on crypto privacy can have a special impact on Zcash, as the coin’s value is mainly based on its promise for enhanced security. Bitcoin Cash was created following a Bitcoin hard fork that took place in 2017. In 2018, it split into Bitcoin Cash SV and Bitcoin Cash ABC. The coin's value moves in opposite directions as compared with Bitcoin.
If you generally expect the value of ZEC to rise against BCH, open a long position. Otherwise, consider a short position. Follow and trade ZEC/BCH for more news and updates.