Zcash (ZEC) is the go-to option for you if you are looking for convenience with privacy. The digital currency is all about offering a superior way of making payments that comes with a shielded transaction process that helps keep your financial data safe, private, and, more importantly, in your control.
While BTC and other cryptos struggle with the anonymity factor, Zcash provides an in-built feature that maintains anonymity when a transaction takes place. Moreover, it is the first ever crypto project to implement zk-SNARKs, making ZEC more secure than ever before.
Let’s be real: altcoins are volatile when it comes to price fluctuations. But that does not mean they are not profitable investments through trading. With a current ranking of 83 among all the cryptos, ZEC is available on several exchanges. So whether you are looking for a way out of the governmental economy and waiting for an investment option that holds immense potential for the future, then ZEC would be the right choice to make.
While you can easily and safely buy ZEC from popular exchanges and other alternative ways using a fiat currency, credit, or debit card, you also need to keep it safe, and the best option is a hardware wallet.
If you are wondering "how to purchase Zcash," then let me tell you it is way more straightforward than other altcoins out there. Here are some of the best ways to buy Zcash instantly:
Crypto exchanges: These are the first to come to mind when you want to buy Zcash online with credit card, debit card, or any other payment method. ZEC is available in both CEXs and DEXs, and in both of them, the process is quite similar. You simply need to sign up, create an account, add funds, and buy ZEC. It is that simple.
P2P marketplaces: Another way you can get ZEC coins is by buying them from another user rather than a middleman like an exchange.
ATMs: Getting cryptos from ATMs can be a bit challenging since not all coins are available there, but you can buy ZEC from ATMs using fiat currency easily.
Brokers: Relying on crypto brokers is another way you can get Zcash if you are more interested in derivatives than the coins. This method of buying ZEC can be useful if you are not concerned about storing ZEC in a wallet.
That’s the question many crypto investors wonder, and it's easier than you think. To buy ZEC with credit card, all you need to do is choose an exchange that supports the coin and the payment method, a.k.a. credit card in this case. Create an account and verify it by completing the KYC process. Next, choose the option to buy Zcash with credit card instantly, and you will get instant confirmation about the purchase. Some exchanges also offer the option to buy stablecoins and BTC to trade with ZEC on the spot market.
If you choose to buy ZEC with debit card, the process is almost the same.
Here it goes:
That’s it. It is that simple to buy ZEC online from an exchange.
Now, the question arises: what exactly are your options after buying ZEC? There are quite a few:
You can either sell or trade your ZEC coins if you are willing to earn a short-term profit. Otherwise, you may also choose to hold your coins for a long-term profit. You can use ZEC for making payments, as it is meant to make your payment processes smoother and more secure than before. Use them to buy goods and services, pay for a donation, or send money overseas without a hassle.
Other uses of ZEC coins include diversifying your portfolio, using ZEC as collateral, and converting the coins to stablecoins in the future to avoid losses during a bear market.