About Binance-Peg Zcash

Binance-Peg Zcash is a BEP-20 token on BNB Chain backed by ZEC that Binance holds on the Zcash chain. Balances and transfers here are fully transparent on BNB Chain, so it offers Zcash price exposure without Zcash's shielded privacy, and it depends on Binance for redemption.