Trade Zcash (ZEC) at the Most Advantageous Rates

What Is Zcash Cryptocurrency ($ZEC)?

One of the cryptocurrencies that come with privacy features is Zcash (ZEC), which was created in 2016 by hard forking the Bitcoin blockchain. This coin keeps all the main characteristics of Bitcoin, such as a limited number of coins (21 million), as well as using the Proof-of-Work (PoW) protocol. However, Zcash is known for better privacy and transaction processing. Zcash was created back in 2013 with a goal to develop a new type of money that will combine the security of Bitcoin and privacy protection. The main feature of this cryptocurrency is the usage of zk-SNARKs. This technology makes it possible to verify all the transactions without exposing any personal data of the user, such as the sender’s/recipient’s address and the sum of the transaction. This provides the possibility for users to use two types of transactions – either transparent or shielded. It should be mentioned that in contrast to other crypto-currencies that appeared simultaneously with Zcash, the latter didn’t have its ICO stage.

T-Addresses/Z-Addresses: Transparent or Shielded Transactions

Zcash is characterized by a special feature when the users have an option to either choose between transparent or transactions that are shielded as per their personal requirements for privacy.

T-Addresses (Transparent)

Transparent address usage, or T-addresses, is quite similar to Bitcoin in regard to transactions. The sender address, recipient address, and the amount of the transferred sum are visible to the public. Such transactions ensure transparency as well as compatibility with other forms of cryptocurrency. 

Z-Addresses (Shielded)

Shielded addresses, which are known as Z-addresses, make use of Zcash’s zk-SNARK cryptography. In this way, all the participants in the transaction stay hidden.  They become private for the rest of the participants of the network.

Your Choice of Privacy

However, unlike other currencies that can be used solely for transparent transactions, Zcash lets the user decide how much privacy is needed. You can opt for the kind of privacy provided by Bitcoin or the more complex privacy afforded by cryptography – Zcash offers both on one network.

When it comes to exchanging ZEC, users can use Secureshift as a safe and non-custodial exchange for quick crypto exchanges.

Reasons to Trade ZEC Cryptocurrency Using Secureshift

Secureshift is designed to cater to users seeking a simple, fast, and secure method of trading various cryptocurrencies. You can exchange either ZEC or cryptocurrencies using this platform, and the non-custodial experience offered by this platform will give you full control over your cryptocurrencies at all times.

Advantages of Secureshift

• There is no requirement for account creation to trade crypto assets immediately.
• There are no mandatory KYC restrictions to ensure a privacy-oriented exchange process when making regular exchanges.
• Non-custodial system that doesn't involve any holding of your cryptocurrencies by Secureshift and sends them right to your wallet.
• More than 2,000 cryptocurrencies that can be used to exchange your ZEC.
• You have an opportunity to choose between fixed and floating rates based on your trading strategy.
• There are no hidden fees – you see all the details before confirming the transaction.
• Fast swapping process that can be done within seconds.

How to Purchase and Exchange Zcash Cryptocurrency: Step by Step Guide

Secureshift is ready to assist you in purchasing Zcash in a safe way. This can be done without any registration in Secureshift service and in a private way.

Purchasing or exchanging ZEC on Secureshift will take you only a couple of minutes. To do it, please follow these simple steps at Secureshift exchange:

1. Select the currency pair and amount for the exchange. For instance, BTC to ZEC coin.
2. Click the “Start exchange” button.
3. Enter the recipient address, where your coins will be delivered.
4. Transfer your cryptocurrency for exchange.
5. Get your coins!