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Privacy coin, Zcoin ($XZC), now listed on Vinny Lingham-backed Exchange, OVEX, with ZAR pairing

Privacy coin, Zcoin ($XZC), now listed on Vinny Lingham-backed Exchange, OVEX, with ZAR pairing
CAPE TOWN, South Africa ,  Aug. 29, 2019  /PRNewswire/ —   Zcoin ($XZC) — an open-source, decentralised privacy cryptocurrency — has now listed on  Vinny Lingham -backed cryptocurrency exchange,  OVEX , with a South African Rand (ZAR) pairing.
“Zcoin’s listing on OVEX will create the opportunity for traders to fill the vacuum in offering privacy with the introduction of $XZC to the South African market especially with the ZAR pairing that opens door to it being readily adopted in the country. This is an exciting development and opportunity to expand in a rapidly developing country where cryptocurrency trading volumes are on the increase,” says Poramin Insom, Founder & Core Developer of Zcoin.
OVEX’s is the most advanced cryptocurrency exchange in  South Africa  and offers traders both simple and advanced modes to suit the needs of different traders on a secure and trusted platform.
“We’re excited about the potential for growth on this coin, privacy coins are an essential part of the crypto ecosystem and we’re very excited to give South Africans access to this opportunity,” says  Jonathan Ovadia , CEO of OVEX.
As part of the official listing, Zcoin and OVEX will be hosting a community-focused event in Woodstock,  Cape Town , to introduce $XZC to users on the platform. Interested attendees can find out more  here .
Most recently, Zcoin became the first cryptocurrency to be usable at any of the five million merchants registered via  Thailand’s  nationwide QR code system through the  Satang App .
In  July 2019  it also rolled out Sigma, the first live  zero-knowledge proof (ZKP) protocol  to offer strong financial privacy without  trusted setup .
Zcoin has been actively working on the Sigma privacy protocol since early 2018 and the mainnet launch of Sigma marks the first in a series of upgrades in Zcoin’s privacy protocol.
Sigma’s eventual replacement, the highly anticipated  Lelantus  which has garnered academic interest, is Zcoin’s own independent innovation that further improves on Sigma’s capabilities by removing the need of fixed denominations and hiding transaction values. Lelantus is currently in development and scheduled to go on testnet in early 2020.
Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.
The post Privacy coin, Zcoin ($XZC), now listed on Vinny Lingham-backed Exchange, OVEX, with ZAR pairing appeared first on BitcoinAfrica.io .

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