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 {Bitcoin or Ethereum} to an {Cryptocurrency Exchange}

Your {Ethereum or Bitcoin} {has} to be sent over to an {Cryptocurrency Exchange} now. {All exchanges have} a deposit form that is {similar}. Zcash (ZEC) is {available} on Binance, so {we will} use that as an {sample}. {Unsure} on how to send {funds from Coinbase} to an {Crypto Trader}? ({Just follow} {this manual})

Make sure {you've} {selected} the {precise} coin you {would like} to deposit.

{BTC} must be sent to a {BTC} deposit address, {ETH} to an {ETH} deposit address, {etc}. {If} {you're} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {different} ({Follow} {these easy steps}).

Step 3 – {Find} Zcash (ZEC)

{Once} your deposit has been {confirmed}, {you will} {instantly} have access to your {funds} and you can {initiate} {buying} and trading. To {purchase} Zcash (ZEC) on Binance, {you will} want to {hover over} the {”Exchange” tab} and{} {click} on “Basic”.

{In order to} {discover} Zcash (ZEC), {you'll} need to {insert} the {shortname of the coin} (ZEC) into the {search-box}, which is {marked} in the {graphic}. {Make sure you have} {selected} the {correct} {grouping}, {we have} {marked} this {also}. Click on “ZEC/BTC” to {go ahead}.

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

{Once} {you've} {found} Zcash (ZEC), {you'll} be {presented with} a {Price Chart} (in the Center of the {image}) and {some} Order Books ({Leftside} of the {picture}). {And now} {we are} {creating} our{ own} Limit Order.

The {”Price” field} will be {filled automatically} with the{ most} {up-to-date} {valuation} Zcash (ZEC) was {sold} for. {You can change this} to your {desired} {price}. The {”Amount” field} is the {amount} of ZEC you {want} to {purchase}. The {”Total” field} is the {total} price in {Bitcoin} that {you'll} {settle} for the {whole} {quantity} of ZEC.

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

Step 5 – Withdraw Zcash (ZEC)

Unless {you are}{} trading, {you should never keepyour} {coins} on an {Cryptocurrency Exchange} for an {longer} {period of time}. {In order to} {withdraw} your Zcash (ZEC), {hover over} the {tab called “Funds”} and {mouse click} on “Withdraw”. Zcash (ZEC) can be {stored securely} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Zcash (ZEC) by using the {given} drop-down box. {Put into} the {quantity} of Zcash (ZEC) {you would} {wish} to {take off}. {Don't forget} the {shown} {minimus/fees}. Also make sure you have {filled} your {correct} withdraw address.

{When} {you are} {satisfied}, {make a mouse click on} “Submit”. You {may} be {requested} for {email/phone verification} {before} a {withdrawal}.

Binance Withdraw

{Kudos}! {You have} successfully {bought} and {stored} Zcash (ZEC).

That's it!

{Take offs} from {Crypto Exchange} can {durate} {between} 1 – 30 minutes ({depending} on {usage of the network}). {Once} {you've} {confirmed} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the (ZEC) Zcash is {safe} {in} your wallet, {you are} {done}.

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