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How & Where to Buy Zcash A Step-by-Step Guide to Buying ZEC

Congratulations! You can buy Zcash directly with cash at Gemini.

  1. Sign up at our one of our top-ranked Zcash exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy ZcashZEC

Read on for detailed instructions below on where and how to buy Zcash and you will be a ZcashZEC owner in no time at all.

  1. STEP 1Register at a ZEC Exchange

    Best Zcash (ZEC) Exchanges

    • 1486429286
      Ease of use
      Very Easy
      Time to 1st Buy
      10 min
      24h Volume
      $20,659,392
      Coins
      44

      Founded by the Winklevoss twins, who also conceived Facebook, Gemini is an ultra-convenient and incredibly legitimate platform that has gone through every level of financial scrutiny possible to be the most reliable cryptocurrency exchange in the US. Truly too legit to quit, this is one of the few exchanges where your funds are actually insured in case of theft. USD-only, features most of the well-known cryptocurrencies.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Zcash ZcashZEC quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy ZEC with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for ZEC.

Frequently Asked Questions About Buying & Selling Zcash (ZEC)

How do I Buy ZEC with Crypto?

If you want to buy ZEC with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Gemini and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Gemini.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Zcash (ZEC)?

To sell ZEC, simply reverse the buying process described above. You will likely need to trade your ZcashZEC into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Zcash Research Center

Zcash Technical Details & Statistics

Tokenomics
  • Market Rank64
  • Market Cap1,188,937,405
  • Circulating Supply12,279,138
  • Total Supply12,279,138 ZEC
  • Max Supply21,000,000
Yesterday's Trading
  • 24 HR Volume214,935,392 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Zcash

Zcash (ZEC) is a fully decentralized, peer to peer, open source cryptocurrency which offers all the benefits of bitcoin while adding newer features, especially in security and anonymity. It describes itself as being “the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.” A total supply of 21 million coins will eventually be created, just like with bitcoin.

History of Zcash

Zcash is born out of ZeroCoin project which started in 2016. In October 2016, the coin was made public. The lead developer of Zcash is cypherpunk and ex-hacker Zooko Wilcox-O’Hearn, while Matthew Green looks after cryptography implementation and updates. A few prominent names in the cryptocurrency world, such as Roger Ver, were some of the initial investors of Zcash.

In April 2017, for the first time. Zcash made it to the top 10 list of the cryptocurrency world.

How Zcash Works

Zcash is a cryptocurrency and works using blockchain technology, much like bitcoin. However, there are several differences in its operation. Like bitcoin, Zcash can be transferred between two users of the network when the sender initiates a command which contains the receiver’s wallet address, sender’s address, and the amount of Zcash to be transferred. This information is cemented in the blockchain via miners, who act to confirm the transaction. Zcash is then deducted from the sender’s account and added to the receiver’s account. Miners charge a small percentage for facilitating the transaction.
Unlike bitcoin, Zcash offers the sender the option of complete anonymity during the transaction, using a modern implementation of Zero knowledge zk-SNARK cryptography. Thus, a user can remain completely anonymous while transferring or receiving Zcash, if they so wish.

Why Zcash?

Zcash differs from bitcoin in that if offers very advanced cryptography and anonymity features. If bitcoin is thought of as being HTTP, Zcash is HTTPS. Basically, Zcash adds one layer of security beyond the Bitcoin protocol.

  • Private Transactions: Zcash offers completely private and anonymous transactions within the network by adding maintaining a secure ledger of transactions without disclosing addresses of the parties involved in the transaction. Their in-house developed zk-SNARK cryptography is used for this purpose.
  • Selective Disclosure: However, if the parties involved want to disclose certain transactions to the blockchain, they can do so by opting for selective disclosure. This is beneficial when participating in a tax audit or an anti-money laundering investigation.
  • “Every Coin is Created Equal”: The motto of Zcash states that every unit of a cryptocurrency should carry equal value and they achieve it by unlinking shielded coins from the blockchain history. Total fungibility is thus obtained.
  • Futuristic Application Compatibility: Zcash allows completely anonymous transactions, utilizing the latest cryptographic techniques. Moreover, applications can be built upon this technology so the apps can receive and send money without disclosing any data to the public.
  • Common Benefits: Zcash also offers all the benefits of bitcoin including fast and direct transactions between users, no third party involvement and small transaction charges.