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.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) 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're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Zcash (ZEC) As soon as your deposit has been approved, you will immediately have access to your finances and you can commence invest and trading. To purchase Zcash (ZEC) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find Zcash (ZEC), you will need to insert the shortname of the coin (ZEC) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “ZEC/BTC” to proceed.
Step 4 – Purchase Zcash (ZEC) After you've found Zcash (ZEC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent price Zcash (ZEC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ZEC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of ZEC. When you're satisfied, make a mouse click on “Buy ZEC”. Your plan will be filled when a Vender trades their ZEC for the price you submitted.
Step 5 – Withdraw Zcash (ZEC) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Zcash (ZEC), go to the tab called “Funds” and mouse click on “Withdraw”. Zcash (ZEC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Zcash (ZEC) by using the provided drop-down box. Drop in the volumen of Zcash (ZEC) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.
Congratulations! You've successfully purchased and safed Zcash (ZEC) in Anguilla.That's it! Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Zcash (ZEC) is safe inside your wallet, you are done.
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