Binance Votes to Delist ZEC. Does It Matter?

In my previous post, I pointed out that Binance will likely delist the FTT token - because that’s what users of the exchange voted for.

But there's another token in the results of that vote worth paying close attention to: Zcash (ZEC). Binance users also voted to remove it.

Frankly, delisting ZEC from platforms like Binance makes sense. Zcash was built around privacy-preserving transactions using zk-SNARKs. But what’s the point of listing a privacy coin on an exchange where every user must go through full identity verification?

If you're looking to swap ZEC - or other privacy-focused assets - platforms like rabbit.io are a much better fit. The only info we collect is the wallet address where you want to receive your funds. That’s it.

And if anyone thinks a Binance delisting means the end for ZEC - rest assured, it doesn’t. Binance isn’t central to ZEC’s community. In fact, ZEC's most legendary moment happened before Binance even existed.

On October 28, 2016, the day of its launch, ZEC reached a now-historic high of 3299 BTC per coin on Poloniex. That’s a record no other cryptocurrency has come close to. ZEC is already written into crypto history.

In that sense, ZEC is no less of a giant than Binance itself. Getting delisted won’t change that.