What is Coinbase Wrapped ZEC (CBZEC)?
Coinbase Wrapped ZEC (cbZEC) is a token on the Base network that represents Zcash (ZEC) held by Coinbase. Each cbZEC is backed 1:1 by ZEC in Coinbase custody, allowing users to use ZEC in DeFi apps on Base. Coinbase allows eligible customers to send wrapped versions of certain cryptocurrencies to wallet addresses on supported blockchains, enabling customers to transact on multiple networks while maintaining a single, unified balance of the native tokens in their Coinbase accounts. Each wrapped asset is backed 1:1 by its original cryptocurrency.
Where can you buy Coinbase Wrapped ZEC?
Coinbase Wrapped ZEC (CBZEC) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for CBZEC sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for CBZEC. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.