How to Buy Zcash (ZEC) in Anguilla

A Step-by-Step-Guide on how to buy Zcash (ZEC) in Anguilla

Step 1 – Signup to Coinmama

You'll first need to purchase units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Zcash (ZEC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Zcash (ZEC)|(ZEC) Zcash}

As soon as your deposit has been approved, you'll now have access to your funds and you can initiate purchasing and trading. To buy {Zcash (ZEC)|(ZEC) Zcash} on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To discover {Zcash (ZEC)|(ZEC) Zcash}, you'll need to put the cointype (ZEC) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we've highlighted this too. Click on “ZEC/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Zcash (ZEC)
Step 4 – Buy {Zcash (ZEC)|(ZEC) Zcash}

After you have discovered {Zcash (ZEC)|(ZEC) Zcash}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our Limit Order.

The ”Price” field will be filled with the most up-to-date valuation {Zcash (ZEC)|(ZEC) Zcash} was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of ZEC you like to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of ZEC.

If you're happy, make a mouse click on “Buy ZEC”. Your order will be filled as soon as a Vender trades their ZEC for the price you gave.

Step 5 – Withdraw {Zcash (ZEC)|(ZEC) Zcash}

Unless you're trading, never keep your coins on an Exchange for an extended time period. In order to take off your {Zcash (ZEC)|(ZEC) Zcash}, go to the tab called “Funds” and click on “Withdraw”. {Zcash (ZEC)|(ZEC) Zcash} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Zcash (ZEC)|(ZEC) Zcash} by using the given drop-down box. Drop in the amount of {Zcash (ZEC)|(ZEC) Zcash} you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.

Congrats! You have successfully bought and safed Zcash (ZEC) in Anguilla.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using or and the {Zcash (ZEC)|(ZEC) Zcash} is stored inside your wallet, you are finished.

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