Anycoin Direct adds Zcash (ZEC)
- 1 minute read
We are happy once more to add a new coin to our website!
From now on, you will be able to buy and sell the new cryptocurrency Zcash (ZEC) on Anycoin Direct. For buying Zcash you can use all available payment methods on Anycoindirect.eu. You can also sell Zcash and request the pay-out to be submitted to your IBAN or PayPal account.
‘’Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions can hide the sender, recipient, and value of all transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion. Zcash transactions do not depend on the cooperation of other parties.’’
Zcash offers the possibility to send a transaction in two different ways using two different Zcash addresses:
- Shielded address (Z-address): By using the Z-address, the transaction will be sent completely encrypted and the transaction details won’t show in the blockchain. This is called the ‘zero-knowledge proof system’.
- Transparent address (T-address): By using the T-address, the transaction will be as transaparent as a Bitcoin transaction and will show all details in the Zcash blockchain.
For Zcash we advise the Jaxx.io wallet: