WBF Exchange will be opening ZEC/USDT and ZEC/DUSD (ZEC-Zcash) trading pairs in the main sector. Along with this, it has also made a declaration to list Green Space Token (GST), i.e. GST/DUSD in the open sector.
As per the details, the deposit time for ZEC will be 24th March 2020 at 11:00:00 (UTC+8). ZEC/USDT trading will begin from 25th March 2020 at 16:00:00 (UTC+8) whereas the ZEC/DUSD trading begins from 25th March 2020 at 18:00:00 (UTC+8). The withdrawal time will be 26th March 2020 at 17:00:00 ( UTC+8).
What Is Zcash (ZEC)?
Zcash is the first blockchain system that adopts a zero-knowledge proof mechanism, which provides complete payment confidentiality and uses public blockchain to maintain a decentralized network. Like Bitcoin, the total amount of ZEC is 21 million. What makes it different is that the Zcash transaction automatically hides the sender, receiver and the amount of all transactions on the blockchain. Zcash is a virtual currency and blockchain that offers strong privacy. To know more, you can check our Zcash news page.
Zcash conserved its original mode while making some modifications based on a 0.11.2 version of Bitcoin. The funds of the Zcash wallet can be divided into two types: transparent funds and private funds. The transparent funds are similar to BTC which is traceable while the private is confidential and untraceable.
The deposit time for GST/DUSD will be 24th March 2020 at 16:00:00 (UTC+8). Trading time for GST/DUSD will be 24th March 2020 at 17:00:00 (UTC+8) whereas the withdrawal will begin from 25th March 2020 at 17:00:00 (UTC+8).
What is Green Space Token (GST)?
GST is the Green Space Token that is established by a multi-national environmental protection organization which is the world’s first decentralized energy and environmental ecological service platform. It is a public chain focusing on blockchain technology + Internet of Things + Environmental Protection Application. GST makes use of blockchain technology to help develop environmental protection undertakings. Data produced from monitoring stations at all levels, testing equipment, purification products, and individual upload is supposed to be stored in GST which will provide the scalability. The platform can also produce data protection derivatives. It is committed to promoting ecological undertakings, helping in reducing environmental pollution and to manage and monitor energy emission.
The WBF Group was established in New York in the year 2017, with a subsidiary WBF exchange, which on the whole is a global digital asset financial service platform registered in Singapore in January 2019. WBF focuses on the development strategy of “spot + mining pool + contract.” It provides its users with financial asset services like “spot trading, contract trading, leveraged trading, mortgage, and lending and options trading.”