So, you like the sound of ZCash project and now
So, you like the sound of ZCash project and now you are willing to buy ZCash (ZEC) coins. If that’s true, you have come to the perfect place.
To start with, let’s find out what ZCash really is?
What is ZCash?
ZCash is a new project headed by Zooko Wilcox. The project is here in the market to tackle one of the Bitcoin’s most urging issues – traceability.
As you may or may not know that Bitcoin isn’t completely anonymous.
ZCash has one major added feature on top of bitcoin, that is completely private transaction, meaning that both the recipient as well as amount sent are being kept a secret, unknown to anyone but the sender as well as the recipient.
This is the reason that a number of individuals want to buy ZCash. They are all in the search of the reliable sources to buy ZCash instantly.
You May Also Read: Will Zcash be a Good Investment in 2019?
Top 5 Exchanges To Buy ZCash
- Kraken
- Binance
- HitBTC
- Poloniex
- Cryptopia
Instructions to Buy ZCash Instantly
- Buy ETH on Coinbase
- Transfer ETH to Binance
- Buy ZCash coin on Binance
How to Buy ZCash Coin on Binance?
Of course, first you will need to buy ETH on Coinbase, and then transfer your ETH to Binance to get started.
Once done with the two, have a Binance account funded with Ethereum. You are almost there to start buying ZCash (ZEC) coins.
Step #1: Move your mouse over the exchange and click on “Basic.”
Step #2: On the right side of the screen click on ETH, look for the ZEC and then click on ZEC/ETH.
Step #3: By now, you must be on the trading screen for the ZCash/Ethereum pairing.
Step #4: You must be seeing the Buy ZEC box on your screen. Before entering the amount of coins you are willing to buy, ensure that you click on “Market,” to make sure that you get the best market price.
Step #5: In the “Amount Box”, enter the amount of ZCash you are willing to buy on Binance. Alternately, you can choose a percentage of your ETH balance.
Step #6: Consequently, click on “Buy ZEC.” That is it! Now, you own ZCash Coins for yourself.
You May Also Read: Coinbase Pro To Start Accepting Zcash
Conclusion
That is the end of the guide!
If you read it thoroughly, you should now have a good comprehension of what the project does. So, what else you need?
Don’t forget to read Pros and Cons of ZCash!
Share your knowledge with your friends.
Here are a Few Articles for you to Read Next: