BTC to ZEC Exchange
Exchange
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BTC
Bitcoin
BTC
You receive
ZEC
Zcash
ZEC
Recepient address
Floating exchange rate
The amount you get may change due to market volatility.
Fixed exchange rate
The amount you get is fixed and doesn't depend on market volatility.
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Exchange Bitcoin to ZEC
Exchange in 3 steps
- Enter the desired amount of Bitcoin and write your wallet address to receive currency.
- Click the "Exchange" button and you will be taken inside your order.
- Send Bitcoin to the address from your order, after the required network confirmation, ZEC will be sent instantly.
What do you need to know?
You need 1 confirmation of the Bitcoin blockchain for the exchange
The speed of confirmation of a Bitcoin transaction depends on the level of congestion of the blockchain network.
Bitcoin is the first decentralized cryptocurrency
Bitcoin is the oldest and most popular cryptocurrency. Its dominance index over other cryptocurrencies ranges from 30% to 80%.
What if I can't send Bitcoin to your wallet?
Most likely the fact that your wallet does not support sending on SegWit Bitcoin address. We use SegWit, because thanks to this technology, transactions are included in blocks more faster and the miner's fee is much lower than in other versions, so the transaction is faster and cheaper. You can read about versions and differences of Bitcoin addresses in our article.
If your wallet does not support sending to SegWit addresses, we recommend that you think about changing your Bitcoin wallet, as it uses outdated technology.
Also, if you want to make an exchange you can always contact our support, we will change the wallet address inside your order to the standard one in real time.
How to estimate the confirmation time of the transaction?
There are several ways to estimate the time of confirmation of the transaction, but you need to understand that it is impossible to calculate it accurately since many factors affect the passage of your transaction, you can read more in our article.
- The easiest way to find out when the first confirmation of the network is to go in the service of collecting statistics from BitcoinFees Earn.com there you can see when your transaction gets into a block, depending on the fee which you sent it.
- You can also use the Explorer Blockchair.com where you can see the priority of the transaction. The first number is what place in the queue is a transaction, the second how many transactions are pending (e.g. priority 1676/9495). Each block includes approximately 2500 transactions, we see that our transaction is in 1676 place in the queue, and therefore must pass in the next block.
It is important to note that to increase the number of confirmations, a new block must appear, blocks in bitcoin can go from 1 to 75 minutes. The average time of Bitcoin block appearance is 10 minutes.
You can read more in our article about the confirmation time in the Bitcoin network.
Zcash "ZEC" the anonymous cryptocurrency
Zcash is a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymity. Since the zero-knowledge protocol is used, the blockchain does not receive complete information about open transactions.
Types of Zcash addresses
There are 2 types of addresses: the z-address, which is protected by a zero-knowledge protocol and is anonymous, and the t-address, which is publicly available. To date, 95% of ZEC addresses have been opened.
The transaction speed in Zcash
ZEC is a relatively fast blockchain. The average time for the formation of a new block is about 2.5 minutes, which is several times faster than bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, which will reduce the complexity of mining. This will reduce the confirmation time of a single transaction to 1-5 minutes.
Zcash Network Commission
The Zcash cryptocurrency has gained great popularity not only due to anonymity. Many users appreciated the extremely low commission for transfers. For example, in 2019 it did not exceed $ 0.0007, and the average was within $ 0.0001.
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