What is the best ZCash wallet?
You need to prepare a ZCash wallet before you can begin using the Anycoin Direct platform. By using your ZCash wallet, you can store and send ZCash. In this article, you will get to know what a ZCash wallet is used for, what kinds of ZCash wallets are available, which ones we recommend and more.
What is a ZCash wallet?
A ZCash wallet can come in all kinds of shapes like physical appliances, software programs or services that contains your public and private keys and corresponds with the public ledger. You can compare your wallet's public key, which also functions as your "coin address", to your bank account number for ZCash, where anyone can track the transactions made, but no one knows they are yours. Your private key serves as the access code to your ZCash bank account, which can be seen as the public key, and used to transfer ZCash.
What kind of ZCash wallets are there?
You have the possibility to choose from different kinds of ZCash wallets. The options differ from online wallets accessible through the web, to hardware wallets that are a bit more costly. On the picture below we have highlighted multiple wallet types and their attributes.
Which ZCash wallets does Anycoin Direct recommend?
At Anycoin Direct we have made a selection of recommended Zcash wallets for our customers:
- Lite wallet: ZecWallet
- Mobile wallet: Exodus Mobile
- Full node wallet: ZcashD
- Hardware wallets: Ledger, Trezor
Be aware, that Anycoin Direct is not responsible for the usage of these wallets. Always do your own research!
How can you use your ZCash wallet on the Anycoin Direct platform?
Now that your ZCash wallet is created, you are able to buy, sell or trade ZCash on our website. If you prepare your ZCash wallet and click the receive button, your ZCash wallet address will be shown, which you need to enter in the flow to buy ZCash. If you want to sell ZCash, you have to click the 'send' button in your ZCash wallet, which lets you enter Anycoin Direct's ZCash wallet address.