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How to Buy Zcash (ZEC)

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

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Zcash (ZEC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Zcash (ZEC)

As soon as your deposit has been verified, you will directly have access to your funds and you can commence invest and trading. To buy Zcash (ZEC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Zcash (ZEC), you'll need to put the shortname of the coin (ZEC) into the search box, which is marked in the image. Be certain of having selected the right grouping, we've highlighted this also. Click on “ZEC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Zcash (ZEC)
Step 4 – Buying Zcash (ZEC)

Once you have found Zcash (ZEC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date price Zcash (ZEC) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of ZEC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of ZEC.

When you're happy, click on “Buy ZEC”. Your order will be filled when a Seller trades their ZEC for the price you gave.

Step 5 – Withdraw Zcash (ZEC)

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. In order to withdraw your Zcash (ZEC), hover over the ”Funds” tab and click on “Withdraw”. Zcash (ZEC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Zcash (ZEC) by using the given drop-down box. Drop in the amount of Zcash (ZEC) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congratulations! You've successfully bought and stored Zcash (ZEC).

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Zcash (ZEC) is safe within your wallet, you are done.

Some other Guides on How to buy different Altcoins

How to Buy Grimcoin
How to Buy SuperEdge
How to Buy Altcoins
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