How to Buy Zcash (ZEC) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Zcash and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Zcash.
  2. Register a new account.
  3. Fund your account.
  4. Buy Zcash.
ZEC
$28.648777961683

These steps are simple if you know where to buy Zcash cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Zcash (ZEC) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Zcash Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

59

Only

59

of these exchanges sell Zcash.

We then filter down the entire set of possible marketplaces to only the ones that have active ZEC markets.

28

Only

28

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

7

Only

7

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Coinbase

VISIT Coinbase Read Review
Reasons we ♥ Coinbase
Low fees
Educational incentives
Quick withdrawals
CRYPTOCURRENCIES: 238
FUNDING:
Bank Transfer (ACH)
,
Debit Card
,
Wire Transfer
,
Paypal
,
Apple Pay
,
Google Pay
,
SEPA
,
EFTCAD
,
Interac
,
SGD Transfers
,
3D Secure Card UK
,
Easy Bank Transfer UK
,
Faster Payments UK
,
Instant Card Cashouts UK
,
PayPal UK
,

Step 2Register Your New Account

  1. Prepare Personal Information: Collect your personal details, including your name, address, and documents for identity and address verification.
  2. Create an Account: Visit the Coinbase Pro website, click "Sign Up," and provide your name, email address, and country of residence. Then, create a secure password and, if desired, set up two-factor authentication with your phone number.
  3. Agree to Terms: Read and agree to the user agreement and privacy statement.
  4. Verify Identity: Complete a two-step identity verification process by uploading a government-issued ID (passport, driver's license, or national ID card) and taking a selfie to confirm the validity of the photo ID.
  5. Wait for Approval: Wait for Coinbase Pro to review and validate the documents, which can take up to 48 hours, followed by immediate account verification upon approval​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Zcash cryptocurrency.

You can buy Zcash on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Zcash (ZEC)

After registering and funding your account at , you should be able to buy Zcash after your deposit finishes processing. After you receive your ZEC, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Zcash Exchanges

Zcash is also available on these exchanges:


Frequently Asked Questions

Yes, Zcash is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase, Kraken, KuCoin, Bybit, OKX, Gate.io, BingX.

You can buy Zcash instantly at Zengo, Binance, Coinbase using their instant buy feature or a credit card.

Yes you can buy less than one (1) ZEC. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Zcash, you will need to deposit funds into your exchange account - which usually has no fees - and then buy ZEC, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Zcash at Zengo, Binance, Coinbase.

Zcash Investment & Buying Guide

Diving into the world of Zcash, you’re uncovering a cryptocurrency that stands out for its strong emphasis on privacy. Unlike many of its peers, Zcash offers users the option of “shielded” transactions, ensuring their financial history remains confidential.

As you explore Zcash, you’ll find it’s not just about anonymity; it’s also about choice. With Zcash, you have the freedom to select between transparent and shielded transactions, putting you in control of your privacy.

Understanding Zcash is crucial for anyone looking to broaden their cryptocurrency portfolio. Its unique privacy features have made it a topic of interest for investors and privacy advocates alike. Let’s delve into what makes Zcash a remarkable digital currency.

What is Zcash Cryptocurrency?

How does Zcash Compare to Other Cryptocurrencies?

Zcash stands out in the crowded crypto space with its strong emphasis on privacy. Unlike Bitcoin, which operates on a fully transparent blockchain, Zcash offers the option of shielded transactions. This means you can transact without disclosing the sender, receiver, or the amount to anyone else on the blockchain.

Other cryptocurrencies such as Monero also prioritize privacy, but Zcash uses zero-knowledge proofs, a cutting-edge cryptography method, allowing for selective transparency. Essentially, with Zcash, you’ve got the freedom to share transaction details with trusted parties while remaining invisible to others.

In the realm of smart contracts, Ethereum is king, but its transactions are transparent by default. Zcash is more like a Swiss bank account in your pocket, putting privacy at the forefront. Price volatility is something all cryptocurrencies share, and Zcash is no exception. Yet, it provides an additional layer of discretion that many investors find invaluable.

Market capitalization is another angle to consider. Bitcoin is the behemoth with the largest market cap, while Zcash is smaller, yet competitive within its niche. While smaller market cap can mean higher growth potential, it also comes with increased risks.

Zcash also vies with other cryptocurrencies in the realm of transaction speed and fees. It offers competitive transaction fees, and due to its smaller network size, can sometimes process transactions more swiftly than its bigger counterparts, but this could change as the network grows.

Adoption and Ecosystem of Zcash

The Zcash ecosystem is growing, albeit more slowly compared to major players like Bitcoin or Ethereum. However, its niche appeal to privacy-focused users and entities means its adoption is a relevant metric for its success. Businesses looking for confidential transaction capabilities are increasingly integrating Zcash.

Moreover, Zcash’s potential for cross-border transactions without the oversight of a central authority has made it a popular choice for users in countries with restrictive financial systems. This practical application for remittances adds a layer of utility to Zcash, endearing it to a global audience.

Zcash History & Growth

Zcash was born out of the Zerocoin project. It was officially launched on October 28, 2016, by Zooko Wilcox-O’Hearn. The Zerocoin protocol aimed to improve anonymity for Bitcoin users while Zcash was designed with the priority of privacy. Zcash’s launch introduced the first widespread use of zero-knowledge proofs in cryptocurrency.

Since its inception, Zcash has shown significant growth. Early adoption was fueled by its privacy features that many users desired. Zcash’s market capitalization quickly grew, reaching a peak of over $1 billion in May 2017. This boom was part of a broader surge in cryptocurrency investment during that time.

The team behind Zcash continued to innovate. They’ve conducted regular updates and hard forks, like the Sapling network upgrade, which improved transaction speeds and efficiency. These improvements have made Zcash more scalable and user-friendly, contributing to its steady growth.

Partnerships have been key in Zcash’s growth strategy. They’ve partnered with major institutions and payment processors, expanding its reach. Integrations with trusted entities have made Zcash a practical option for daily transactions and larger, business-scale financial activities.

The adoption rate of Zcash is reflective of a growing preference for privacy. While the overall percentage of cryptocurrency users that prefer Zcash is still small compared to giants like Bitcoin and Ethereum, its community is loyal. Zcash’s capability to offer both transparent and shielded transactions gives it a unique position in the market.

Interest in Zcash is expected to remain strong. As privacy concerns become more prominent globally, cryptocurrencies that offer anonymity features are likely to see an increase in user base. Zcash, with its foundational privacy features, is well-positioned to meet this demand.

Buying Zcash with Different Payment Methods

Buying Zcash with a Credit Card

Purchasing Zcash with a credit card is a swift and convenient option. Most crypto exchanges support this method, providing instant transaction capabilities.

Buying Zcash with a Debit Card

Debit cards offer a direct way to buy Zcash, taking funds straight from your bank account. Security measures like two-factor authentication ensure your transaction is protected.

Buying Zcash with Apple Pay

Using Apple Pay for Zcash purchases combines ease of use with enhanced privacy. The process is fast and doesn’t require entering card details, leveraging encrypted payment technology.

Buying Zcash with Paypal

PayPal is becoming an increasingly popular option to acquire Zcash due to its user-friendly interface. Note that availability may vary based on your region and the chosen exchange platform.

Buying Zcash with a Bank Transfer

Bank transfers are recognized for their lower fees when buying Zcash, especially for larger amounts. It’s important to plan for longer processing times, which can take a few business days.

Keeping Your Zcash Safe

After understanding the various payment methods for acquiring Zcash, it’s crucial to focus on security. Safeguarding your new assets is paramount, as the cryptocurrency world can be rife with threats.

Software Wallets

Software Wallets offer an easily accessible way for you to manage your Zcash. They’re application-based, meaning you can use them on your computer or smartphone. However, they’re only as secure as your device and the precautions you take. Make sure your software wallet has robust security features like two-factor authentication and a backup system.

Hardware Wallets

In contrast, Hardware Wallets provide enhanced security by storing your Zcash offline. Devices like Ledger Nano S and Trezor are popular choices. These wallets are immune to online hacking attempts, making them a safer option for large amounts or long-term storage. Remember, keeping your hardware wallet’s recovery seed in a secure location is vital to prevent loss of funds due to device misplacement or failure.

Selling & Withdrawing Zcash

When you’re ready to convert your Zcash back to fiat currency, you’ll need a reliable cryptocurrency exchange. Choose an exchange that supports Zcash and offers competitive fees for the best return on your investment. Just like purchasing, you might use a credit card, bank transfer, or other payment services for withdrawals, though options can vary by exchange.

Transacting with Zcash doesn’t end upon selling; you must consider the withdrawal process. Withdrawal times can range from instantaneous to several business days, largely dependent on the method chosen and the exchange’s policies. Before initiating a withdrawal, verify the exchange’s withdrawal limits and fees as they significantly impact your final amount.

To ensure that your funds are secure throughout the selling and withdrawal process, always use trusted platforms and maintain state-of-the-art security practices. It’s vital to also keep in mind the tax implications of selling cryptocurrency, as most jurisdictions expect you to file and pay taxes on any gains from your Zcash sales. Regularly check for updates in cryptocurrency tax regulations to stay compliant.

While tracking the market and timing your sale can be challenging, tools and alerts provided by exchanges can help manage your Zcash investment efficiently. Remember, keeping an eye on market trends and setting up price alerts could be crucial to selling your Zcash at an opportune time.

Is Zcash a Good Investment?

Zcash presents itself as a unique investment due to its privacy-focused technology. It uses zk-SNARKs, allowing the network to confirm transactions without revealing sender, receiver, or amount.

Market volatility in cryptocurrency can make Zcash a risky investment, just like other digital assets. However, its privacy feature has attracted a particular investor niche.

Investors often see Zcash as a hedge against regulatory oversight due to its ability to shield transactions. This aspect creates potential for Zcash amidst increasing demands for anonymity.

Historical performance shows Zcash has experienced both significant peaks and lows. Your strategy should involve thorough research and an understanding of market trends.

Remember to consider your risk tolerance before investing in Zcash. Cryptocurrency investments should align with your long-term financial goals.

Zcash Price Predictions

Cryptocurrency markets are notoriously difficult to predict, and Zcash is no exception. Market volatility remains a significant factor, making forecasting prices a challenging task. Your research into Zcash price predictions should take into account both historical performance and emerging trends in the privacy coin sector.

Experts analyze several indicators, such as transaction volumes and active wallet addresses, to predict future trends. Technical analysis and external market conditions also play a crucial role. You might find forecasts that rely on complex algorithms and machine learning, aiming to provide a data-driven outlook.

Remember, past performance isn’t indicative of future results. Economic events, regulatory changes, and technology updates can all impact Zcash’s price dramatically. Platforms like CoinMarketCap and TradingView offer a range of predictions that can serve as a starting point for your research.

Investment decisions should never be based solely on price predictions. Diversify your portfolio and consider the long-term potential of your investments. Stay informed about the latest Zcash updates and global cryptocurrency trends to help guide your investment strategy.

Additional Info

Navigating the Zcash marketplace requires a strategic approach, blending vigilance with informed decision-making. You’ve got the essentials: select a solid exchange, stay on top of tax laws, and use market tools to time your trades wisely. Remember, Zcash’s privacy-centric features make it a unique asset in your portfolio, but don’t forget the inherent risks of cryptocurrency volatility. Diversification is your safety net, and keeping an eye on long-term trends can guide your investment journey. Armed with this knowledge, you’re better positioned to manage your Zcash transactions and investment strategies effectively. Stay alert, stay informed, and you may just find that Zcash fits neatly into your financial landscape.

Zcash (ZEC)
Price
$28.648777961683
24h Change
1.1
7d Change
18.8