ZEC has surged by 472% since Naval's Shill, and the Privacy Token sector has risen in sync

By: theblockbeats.news|2025/11/01 11:45:55
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BlockBeats News, November 1st, according to HTX market data, privacy coin ZEC is currently trading at $420, with a 24-hour gain of 17.3% and a 7-day gain of 52%. Its rally began when prominent Silicon Valley angel investor Naval stated on October 1st that "ZCash is insurance against Bitcoin," with the price surging 472% since his endorsement. BitMEX co-founder Arthur Hayes has also been actively promoting ZEC, stating on October 30th, "Nothing can stop this train, ZEC will rise to $10,000." Yesterday, he reiterated his bullish outlook with a price target above $400.

Alongside ZEC's continuous rise, the total market capitalization of the privacy coin sector has reached $22.7 billion, with a 7.3% increase in the last 24 hours and a trading volume of around $2.4 billion. The standout performers among privacy coins are as follows:

Dash is currently trading at $55.43, with a market cap of approximately $692 million and a 24-hour gain of 22.2%;

XMR is currently trading at $331.6, with a market cap of around $6.12 billion and a 24-hour gain of 3.6%;

LTC is currently trading at $95.49, with a market cap of approximately $7.29 billion and a 24-hour gain of 2.2%.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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