Zcash and Bitcoin are very attractive investment tools that have brought its investors great profits. Because of this, conversion BTC to ZEC and vise versa is very popular. In this article, you will find how to swap BTC to ZEC quickly and safely.
What Should You Know About Bitcoin and Zcash?
Bitcoin is a cryptocurrency that has managed to take over the world. It leads among direct competitors in terms of capitalization and the number of active supporters. First of all, it is preferred because of the possibility of conducting transactions without revealing details about the sender and recipient. In addition, the original advantages of Bitcoin were the high speed and low cost of transactions.
Zcash is a payment network with a high level of transaction anonymity. The developers created it with open source code and initially offered the project as an add-on for Bitcoin. It takes 2.5 minutes to form a block, which means a high transaction speed. Many consider Zcash a profitable alternative to the Bitcoin cryptocurrency.
Why Convert Bitcoin to ZCash?
The cryptocurrency market is extremely unstable, so users have to maneuver through it in order not to lose assets. Traders and investors often turn to different crypto exchanges to buy Bitcoin (BTC) for Zcash (ZEC) and vice versa. The reason for that is the ability to quickly make the conversion on favorable terms.
Pros & Cons
Below are the main factors why people convert BTC to ZEC and vise versa:
- They move some value (funds) from BTC to ZEC.
- They hedge risks.
- They reserve investment value.
- They maintain their anonymity.
However, the main disadvantage is that not all cryptocurrency exchanges allow you to convert BTC to ZEC and vise versa.
Now let’s discuss what crypto exchange allows you to swap Bitcoin for Zcash and how you can do it.
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How to Get the Best Exchange Rates of BTC to ZEC?
There are many crypto exchanges on the web today. However, Godex.io stands out among them with a simple conversion procedure and attractive rates. Transactions on the website are carried out automatically. Therefore, they are completed within 5-30 minutes. It works 24/7 without interruption.
The advantages of this crypto exchange:
- High speed of transactions
- Fixed rates
- Full anonymity of operations
- Optimal exchange rate and minimal commission fee
- Comprehensible design of the website
- Simplicity of the service operation
- Usage of the modern information security systems
Godex works to make cryptocurrency exchanges fast, safe, and profitable for people. It strives to make blockchain technology an integral part of society. You can use BTC to ZEC calculator to find out the current rates on Godex. Moreover, you don’t need to register at the exchange to carry out transactions, so you can maintain your anonymity.
How to Exchange Bitcoin for ZCash?
The process of converting BTC to ZEC is as simple as possible. Godex crypto exchange takes care of it and makes it not only easy but also transparent and secure. So, to exchange Bitcoin for ZCash, you need:
- Go to https://godex.io/ and specify the cryptocurrency pair you want to exchange (BTC to ZEC). Click the “Exchange” button.
- Then you will see the information about the current exchange rate. Specify the amount of BTC you want to exchange for ZEC. The second cell (amount of ZEC coins you will receive) will be filled automatically, taking into account the commission.
- Then you need to enter the digits of your Zcash wallet to which you want to receive funds. To proceed to the next stage of the application, click the “Exchange” button.
- With the “Exchange” button you start the procedure of buying Zcash (ZEC) for Bitcoins (BTC). To exchange crypto, you will get a Bitcoin address to which you need to send your BTC.
- You will have to wait from 5 to 30 minutes from the moment digital coins arrive in the wallet of the administration. You will be notified about the fact of converting Bitcoin (BTC) assets to Zcash (ZEC).
Godex has a professional support team of experienced and responsive specialists who are ready to help you at any time and make the exchange process easy and pleasant. You can convert BTC to ZEC and vise versa right now. All you need is to visit the Godex exchange and start the conversion process.
Godex is an anonymous crypto exchange that provides favorable exchange rates. Its owners appreciate the main ideas of Bitcoin (full anonymity of users and decentralization of the financial system) and follow them. Godex is the best option for Bitcoin (BTC) to Zcash (ZEC) exchange with minimum risks. Apart from the easy exchange, Godex allows you to earn money by participating in its affiliate program.
Also Read: How To Choose Crypto Exchange Platform For Trade SAFEMOON To BNB With Minimal Fees?