How to Buy Zcash (ZEC)

A Step-by-Step-Guide on how to buy Zcash (ZEC)

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting Funds.

Binance Signup
Step 2 – {Send} Your {Funds} to an {Cryptocurrency Exchange}

Your {Bitcoin (BTC) or Ethereum (ETH)} {will need} to be sent over to an {Crypto Exchange} now. {Every exchange has} a deposit form that is {alike}. Zcash (ZEC) is {available} on Binance, so {we're going to} use that as an {example}. {Not sure} on how to send {funds from Coinbase} to an {Exchange}? ({Just follow} {these easy steps})

Make sure {you have} {selected} the {correct} coin you {wish} to deposit.

{Bitcoin} must be sent to a {BTC} deposit address, {Ethereum} to an {Ethereum} deposit address, {etc}. {If} {you are} {working with} a decentralized exchange, {like} Airswap or DDEX could be {different} ({Follow} {these easy steps}).

Step 3 – {Find} Zcash (ZEC)

{As soon as} your deposit has been {approved}, {you will} {directly} have access to your {funds} and you can {launch} {buying} and trading. To {purchase} Zcash (ZEC) on Binance, {you will} want to {hover over} the {”Exchange” tab} and{ after that} {click} on “Basic”.

{In order to} {locate} Zcash (ZEC), {you'll} need to {put} the {cointype} (ZEC) into the {search-box}, which is {marked} in the {image}. {Make sure you have} {selected} the {proper} {grouping}, {we have} {highlighted} this {too}. Click on “ZEC/BTC” to {proceed}.

Binance Hot To Buy Zcash (ZEC)
Binance How to Buy (ZEC) Zcash
Step 4 – {Buy} Zcash (ZEC)

{As soon as} {you've} {found} Zcash (ZEC), {you'll} be {given} a {Price Chart} (in the Center of the {image}) and {some} Order Books ({Leftside} of the {image}). {Next} {we are} {going to make} our{ own} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{ most} {latest} {valuation} Zcash (ZEC) was {sold} for. {This can be changed} to your {preferred} {rate}. The {field with the “Amount” tag} is the {quantity} of ZEC you {like} to {purchase}. The {field with the “Total” tag} is the {whole} price in {Bitcoin} that {you will} {pay} for the {complete} {quantity} of ZEC.

{If} {you're} {glad}, {make a mouse click} on “Buy ZEC”. Your {plan} will be filled {when} a {Vender} {sells} their ZEC for the price you {gave}.

Step 5 – Withdraw Zcash (ZEC)

Unless {you're}{ frequently} trading, {you should never keepyour} {crypto} on an {Crypto Exchange} for an {extensive} {period of time}. {To} {withdraw} your Zcash (ZEC), {go to} the {”Funds” tab} and {click} on “Withdraw”. Zcash (ZEC) can be {stored safely} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Zcash (ZEC) by using the {provided} drop-down box. {Drop in} the {volumen} of Zcash (ZEC) {you'd} {like} to {take off}. {Don't forget} the {demonstrated} {minimus/fees}. Also make sure you have {entered} your {precise} withdraw address.

{If} {you are} {glad}, {click} “Submit”. You {could} be {asked} for {email/phone verification} {before} a {withdrawal}.

Binance Withdraw

{Congrats}! {You've} successfully {bought} and {stored} Zcash (ZEC).

That's it!

{Take offs} from {Crypto Trader} can {take} {anywhere from} 1 – 30 minutes ({depending} on {usage of the network}). {Once} {you have} {proved} your {withdrawal} {using} {Etherscan.io or Ethplorer.io} and the (ZEC) Zcash is {safe} {within} your wallet, {you're} {all done}.

Some other Guides on How to buy Coins

How to Buy Loopring
How to Buy 1World
How to Buy Coins
/* */ Generated by MPG