Zcash ZEC: How to buy, sell & trade

how to buy zec

It is often the first to offer buying opportunities for new tokens. We list the top 5 exchanges that offer the ability to buy Zcash (ZEC) with a credit card or debit card. Although Zcash provided absolutely massive returns in the 2017 bull market, it hasn’t come close to appreciating to the same degree since.

Cryptocurrency investments must be diversified if one seeks to hedge their bets against the volatility of the crypto market. With a smart portfolio, eToro bundles up particular types of tokens. For instance, Zcash is a tradable asset with no discernible utility other than its privacy-focused approach. Thus, eToro may bundle this token with other similar tokens like Bitcoin and Bitcoin Cash. Buying and trading Zcash are two completely different investment methods.

How to Buy Zcash Buy ZEC in 4 Steps (April

Zcash lets you truly own your digital assets without leaking any private information. Find an exchange to buy, sell and trade ZEC by comparing deposit methods, supported fiat currencies and fees. Coinbase accepts users from 103 countries around the world, and its payment methods include debit cards and domestic transfers such as ACH and SEPA. As the investment strategy is long-term, it is not wise to leave ZEC tokens in the wallet or change accounts. Although relatively secure, it is at high risk for cyber-attacks and technical issues. This is why it is so important to transfer Zcash to a dedicated cryptocurrency wallet.

how to buy zec

Supporting hundreds of cryptocurrencies, including popular tokens like Bitcoin, Ethereum, Bitcoin cash, etc., and other niche-based cryptocurrencies like Tamadoge. To buy Zcash currency, you can use any popular currency such as Bitcoin or Ethereum and exchange it for Zcash as you like. Some exchanges may sell ZEC tickets directly for regular cash, while others may not.

Today’s Zcash price versus ATH

You will be directed to the trades age that asks the amount of Zcash you wish to buy and your card details. On the official Binance site, https://www.tokenexus.com/ tap the “Register” button on the top button. There is also another “Register Now” option to initiate your Binance account creation.

how to buy zec

To access the entirety of this platform’s offerings, check out our OKX exchange review. OKX is one of the more recent platforms to have listed Zcash, and similar to eToro, the list didn’t how to buy zec cause any “listing pump” effect for Zcash. Along with supporting basic trading of Zcash, OKX also supports derivates & margin trading for ZEC/USDT, ZEC/USDC, ZEC/BTC, and ZEC/ETH pairs.

How Can You Use Zcash (ZEC)?

Click the “exchanges” and search for ZEC/BTC or ZEC/ETH, enter the amount and click “Buy ZEC”. If you are located in a country that Coinbase services are not available, you can purchase Bitcoin in other exchanges such as CEX.IO or Coinmama. For more buying options, you can view the complete Zcash-supported exchanges here. Binance is the biggest crypto-to-crypto exchange out there and one of the industry leaders. If you’re looking to buy Zcash and already own a different cryptocurrency, you can use Binance to exchange between them.

how to buy zec

Current policy only allows you to make crypto deposits in Binance or buy directly a minimum amount of $15 plus a minimum trade amount of $1. Let us now look at the best places to buy Zcash coins in 2024 and the step-by-step process of buying these altcoins here. Other factors that play a key role in influencing how much you invest in Zcash include your disposable income, risk tolerance, and crypto trading experience.