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Where and How to Buy Zcash in 2022 – A Beginner’s Guide

By Meghan M. 8 min read

Are you looking to buy Zcash (ZEC) and don’t know where to start? Well, if that’s the case then you are on the right place. Don't be terrified; buying cryptocurrency is now easier than ever. With the rate at which prices have risen, cryptocurrency is an interesting investment. However, if you're just getting started, the purchase process might be perplexing, and you may be unclear where to begin. Let’s get started.

Where to buy Zcash

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Zcash (ZEC) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Zcash.

1. OKX

OKX crypto exchange, founded in 2017 and headquartered in the Seychelles, is a prominent cryptocurrency exchange that uses blockchain technology to provide clients with a diverse range of trading goods. Hundreds of tokens are available to clients in over 200 countries and you can easily purchase Zcash (ZEC) using our step by step.

It allow users to purchase, sell, and swap multiple supported assets. It also allows you to lend and borrow specific coins, as well as join proof-of-work mining pools and earn crypto as a miner. OKX presently offers over 100 cryptocurrencies, as well as over 400 crypto trading pairings.

According to CoinMarketCap, OKX is now one of the top 20 cryptocurrency exchanges in the world by trading volume, and it has a global presence.

OKX Features

OKX cryptocurrency exchange is one of the most popular and functional tools for full-fledged work with digital assets today. The platform provides a remarkable collection of currencies, intriguing alternatives, speedy withdrawals, and a high level of system security.

  1. OKX is a major cryptocurrency trading platform with a one-stop shop.
  2. It is user-friendly and offers an easy-to-use interface.
  3. This platform is suitable for both novice and experienced traders.
  4. OKEx accepts 30 fiat currencies, including the US dollar, the Chinese Yuan, the euro, and others.
  5. It accepts 17 payment methods, including VISA, MasterCard, and others, for acquiring cryptocurrency.
  6. OKX's fiat gateway allows customers to purchase crypto for as little as 0% in transaction fees.
  7. The spot trading function offers an order book with great liquidity and low spreads.
  8. On the perpetual swap and future markets, users may trade cryptocurrency with up to 100x leverage.
  9. It prioritizes security and employs offline cold storage methods.
  10. The OKX app is also available for phones running Android and iOS.
  11. Other apps, such as referral and affiliate, reward users for referring new members to this site.
  12. The support system is extremely efficient and can be accessed in a variety of languages.

Getting Started with OKX

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward. You can open an account with OKX by following the easy steps outlined below.

Step 1: Go to OKX official website and click the Sign up button.

Step 2: Enter your personal information and email with a secure password.

Step 3: Click the create account button after checking the box at the bottom of the form.

Step 4: Verify your supplied email address by clicking on the verification link that was delivered to your inbox.

Step 5: Enter the code that was delivered to your mobile device and click the Verify button. If you haven't received a code, select the Resend code option.

Step 6: When you first use the OKEx platform as a newly registered user, you will be able to select whether you are new or experienced in bitcoin trading.

How to buy Zcash on OKX

Follow our step by step guide below to start buying Zcash (ZEC) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Zcash from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Zcash (ZEC) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Zcash will be instantly deposited to your OKX account after payment is completed.


2. Coinbase Exchange

If you're searching for a location to exchange cryptocurrency, Coinbase is a good option. Its large range of prominent cryptocurrencies means you'll most likely find what you're looking for, but you'll only be able to trade crypto here.

Clients can receive staking incentives and acquire ownership of their assets themselves. The Pro platform's commissions are competitive, but clients trading small-dollar volumes on its entry-level platform should definitely consider going elsewhere.

Coinbase Exchange Pros

  • Cryptocurrency exchange that is safe and secure.
  • Simple and user-friendly interface.
  • Limits and liquidity are impressive.
  • Accepted in more than 30 countries.
  • Top rated best mobile app.
  • Advanced trading platform provides free cryptocurrencies to let you learn about new digital tokens.
  • Provides a Coinbase debit card that may be used to spend bitcoin anywhere.

Coinbase Exchange Cons

  • To buy cryptocurrency with a debit card, you must pay a charge of 3.99 percent.
  • The standard trading commission is 1.49 percent.
  • Trading instruments are limited.
  • There are no copy trading or social trading capabilities.
  • Crypto exclusively - no other assets, like as stocks, are available for investment.

Getting Started with Coinbase Exchange

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward. You can open an account with Coinbase by following the easy steps outlined below.

Step 1: Go to Coinbase official website and click the Get Started button in the top right corner of the webpage.

Step 2: Enter your personal information and email with a secure password.

Step 3: Click the create account button after checking the box at the bottom of the form.

Step 4: Verify your supplied email address by clicking on the verification link that was delivered to your inbox.

Step 5: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 6: Enter the code that was delivered to your mobile device and click the Verify button. If you haven't received a code, select the Resend code option.


3. Huobi Global

Huobi Pro is obviously and trades with lofty goals, as seen by its present aggressive worldwide expansion plan. As a trading platform, the exchange has few competitors in the cryptocurrency sector, and the breadth of digital currencies and tokens supported is a genuine strength. The alternative HADAX market will also earn many followers, and Huobi made a wise decision.

The registration procedure for traders who are not from China, Hong Kong, or Singapore is currently more difficult than ideal, but as local versions of the exchange come up in the United States and other Western countries, this should improve.

Getting Started with Huobi Global

To create an account on Huobi Global Exchange follow these steps:

Step 1: Go to the official website and On the top right of the page, click "Sign up."

Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."

Step 3: To complete registration, enter the verification code.

Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.

How to buy Zcash on Huobi Global

Follow the steps below to buy Zcash (ZEC) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Zcash, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of ZEC you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.


4. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Gate.io Features

The following are some of the exchange's features:

  1. The platform includes an easy-to-use design that is intended for both rookie and experienced traders.
  2. Apart from crypto trading, it allows margin, options, or swaps trading (spot exchange) with leverage of up to 100x.
  3. Provides traders with real-time market information and important charting tools for trading Altcoins, stablecoins, and DeFi tokens.
  4. Demo version available.
  5. Provides HODL profits through cryptocurrency investments.
  6. Allows for the pledging of one cryptocurrency asset in order to borrow another cryptocurrency asset.
  7. System with low trading fees, including no zero deposit charge and very minor withdrawal fees.
  8. Customer help is provided 24 hours a day, as is a detailed FAQ section and other resources.

How to buy Zcash on Gate.io

Follow our step by step guide to buy Zcash (ZEC) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy ZEC coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search Zcash from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in Zcash (ZEC).

If you want to buy Zcash with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for ZEC and buy it using your deposit cryptocurrency.


5. Binance

Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.

Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.

Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.

Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.

Binance Features

  1. Binance trading has some of the lowest costs in the business.
  2. On Binance, you can trade over 180 cryptocurrencies.
  3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
  4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
  5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
  6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

How to buy Zcash on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Zcash (ZEC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Zcash you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Zcash you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired ZEC in your Binance Spot Wallet immediately.


Other Exchanges to buy Zcash

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy ZEC.

1. FinexBox Join Now
2. YoBit Join Now
3. HitBTC Join Now
4. BigONE Join Now
5. LBank Join Now
6. Digifinex Join Now
7. GokuMarket Join Now
8. BKEX Join Now
9. Biconomy Join Now
10. AAX Join Now

Buy Zcash on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Zcash (ZEC) easily.

Buy Zcash on Pancakeswap

Currently, these are two popular ways to buy Zcash with Pancakeswap.



How to buy Zcash on Pancakeswap using MetaMask

In this section, we will cover the total process of purchasing Zcash (ZEC) with Pancakeswap, so read the whole piece.

Why you should use PancakeSwap?

PancakeSwap has lately garnered a lot of interest, thanks in part to the BSC's low transaction costs as compared to Ethereum, the other main decentralised blockchain. PancakeSwap, in addition to the cheaper transaction costs on the BSC, is effectively a fork of Uniswap, one of the most popular decentralized exchanges on the Ethereum Blockchain, with new functionality added.

Pancake Swap is a Binance Smart Chain-powered decentralised cryptocurrency exchange (DEX) and automated market maker (AMM). Binance Coin (BNB) is used for fees, while PancakeSwap (CAKE) is used for management.

Furthermore, Pancake Swap drew a lot of attention due to the large number of BEP-20 tokens available on its platform and it is used particularly for BEP-20 tokens operating on Binance Smart Chain, while tokens from other platforms can be sent over via Binance Bridge and "wrapped" as a BEP-20 token for usage on the DEX.

Before buying crypto on PancakeSwap you must have a Pancakeswap compatible wallet like Metamask . To create a Metamask account follow these steps:

Step 1: Download Metamask Extension

To set up your Metamask wallet it is suggested that you use Google Chrome with MetaMask because the browser has fewer issues than others. To check that you're on the appropriate platform, open your Chrome browser and enter in the Web address metamask.io at the head. After entering the URL, download and install MetaMask extension.

Step 2: Get Started with Metamask

Click newly installed Metamask icon from top right bar on Chrome browser and open it.

Now click the Get Started button, you'll be asked if you're new to MetaMask. This is where you may import your wallet if you already have a seed phrase and wish to obtain access to it. Click Create a Wallet if you're just starting started.

After you click ‘’Create a Wallet’’, MetaMask will request information from you in order to enhance their platform.

Create your password, accept the Terms of Service, and click Create. When MetaMask or a dapp prompts you to log in to MetaMask, enter this password.

Step 3: Create 12-word seed phrase

Create your 12-word seed phrase, also known as the Secret Backup Phrase in MetaMask. If you ever erase MetaMask from your browser, you can reinstate your account in this manner. With a seed phrase, you may also access your account on a fresh computer from anywhere. On the following page, you will be prompted to confirm your secret phrase in the right sequence.

Awesome! You've just created your MetaMask.

If you are using Metamask for the first time, you have to add Binance Smart Chain (BSC) Network to the Metamask as Pancakeswap only work on BSC. The process is simple and straight forward.

1. Click on Account Icon at top right corner in Metamask.

2. Go to Setting > Networks > Add Network

3. Fill the Form with these details and hit save.

  • Network Name: BSC
  • New RPC URL: https://bsc-dataseed.binance.org/
  • ChainID: 56
  • Symbol: BNB
  • Block Explorer: https://bscscan.com

After creating your wallet and adding BSC to the Metamask networks, the next step is to get Binance coin (BNB) in it for buying and paying for the network gas fee . To buy BNB Just Copy and make a note of your Metamask wallet address. Purchase some Binance coin on our recommended exchanges by following the steps listed above (how to buy Binance coin section).

Pro Tip: You can use one wallet address with same Private key on both Ethereum and Binance Smart Chain Network.

Find the Withdraw option in your selected exchange. Choose Binance coin as a withdraw coin. Fill the form with your Metamask address and Binance Smart Chain as network. After the transfer you will see BNB coin in you Metamask wallet.

Now we have everything to use Pancakeswap and buy ZEC.

Step 4: Launch Pancakeswap and Connect Metamask

Go to Pancakeswap.finance, click Connect Wallet and select Metamask wallet. After connecting your wallet to Pancakeswap, you can now begin trading tokens on the Pancake official site.

Step 5: Swap BNB for ZEC

Click Trade > Swap from the main menu. Now you must enter the amount of cryptocurrency you want to swap. The amount of the other token (Zcash) that you will get will be calculated automatically by Pancakeswap. On the Main screen there are two boxes. First box for BNB and the second one is for which you want buy.

Before you finalize the conversion, go through the details and double-check that everything is in order. When you're finished, simply press "Swap" and then "Confirm Swap." That's all.

As soon as the trade is verified, ZEC will appear in your wallet.

How to buy Zcash on Pancakeswap using Trust Wallet

This section will go through how to use Trust Wallet to acquire Zcash (ZEC) using Pancakeswap. PancakeSwap is a Binance Smart Chain-powered DEX (decentralized exchange). The users on Pancakeswap can swiftly and securely exchange BEP-20 tokens.

Why you should use PancakeSwap?

PancakeSwap has lately garnered a lot of interest, thanks in part to the BSC's low transaction costs as compared to Ethereum, the other main decentralized blockchain. PancakeSwap, in addition to the cheaper transaction costs on the BSC, is effectively a fork of Uniswap, one of the most popular decentralized exchanges on the Ethereum Blockchain, with new functionality added.

Pancake Swap is a Binance Smart Chain-powered decentralised cryptocurrency exchange (DEX) and automated market maker (AMM). Binance Coin (BNB) is used for fees, while PancakeSwap (CAKE) is used for management.

Furthermore, Pancake Swap drew a lot of attention due to the large number of BEP-20 tokens available on its platform and it is used particularly for BEP-20 tokens operating on Binance Smart Chain, while tokens from other platforms can be sent over via Binance Bridge and "wrapped" as a BEP-20 token for usage on the DEX.

Before buying crypto on PancakeSwap you must have a Pancakeswap compatible wallet like Trust wallet. To create a Trust Wallet account follow these steps:

Step 1: Download Trust Wallet

Before you begin, you must first download the Trust wallet app from the Google Play or App Store. As of writing this guide Trust wallet is only available for Android and IOS users.

Step 2: Get Started with Trust Wallet

After installation, click "Create a New Wallet." Read the Privacy Statement and the Terms of Service, then check the box to confirm and click "Continue."

Step 3: Create 12-word seed phrase

Make a note of your 12-word recovery phrase on a piece of paper and keep it somewhere secure where you won't forget it. Once you've typed down your sentence, press the words on the next screen to put them in the right sequence to ensure you've done it correctly.

Awesome! You've just created your Trust wallet account.

After creating your wallet, the next step is to get Binance coin (BNB) in it for buying and paying for the network gas fee . To buy BNB Just Copy and make a note of your Trust wallet address. Purchase some Binance coin on our recommended exchanges by following the steps listed above (how to buy  Binance coin section).

Find the Withdraw option in your selected exchange. Choose Binance coin as a withdraw coin. Fill the form with your Trust wallet address and Binance Smart Chain as network. After the transfer you will see BNB coin in you Trust wallet.

Now we have everything to use Pancakeswap and buy Zcash.

Step 4: Launch Pancakeswap and Connect Trust Wallet

Open your Trust wallet app and navigate to Dapps option from the bottom menu. Now Find Pancakeswap or type in the search box and press enter.

Go to Pancakeswap.finance, click Connect Wallet and select Trust wallet. After connecting your wallet to Pancakeswap, you can now begin trading tokens on the Pancake official site.

Step 5: Swap BNB for Zcash

First, decide which cryptocurrency you wish to exchange. Tokens can be found by name or address from CoinMarketCap. In our case, we want to buy Zcash (ZEC) through Pancakeswap so we will select ZEC.

We wish to exchange BNB for Zcash. If you wish to trade a specific amount of BNB, put that amount into the BNB area. You can put a specified amount of Zcash in the Zcash amount area if you like.

The screen will show you the best possible rates in which your coin is going to be swapped. If you agree with the rate and amount, click Exchange, and you will be sent to a new window where you may check the specifics of your swap.

To proceed and complete the transfer, take a note of the fee as network fee and click swap. As soon as the trade is verified, Zcash will appear in your wallet.



Conclusion

Choosing the best cryptocurrency platform for Zcash (ZEC) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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