Exchange Zcash Fast Without KYC

Introduction to Zcash

Zcash (ZEC) is a cryptocurrency renown for its advanced privacy features. Launched in 2016 by tech-industry veteran Zooko Wilcox-O'Hearn, Zcash offers users the ability to transact with enhanced confidentiality through its innovative zero-knowledge proof protocol, zk-SNARKs.

Zcash offers users the ability to make shielded transactions where the sender, receiver, and amount transferred are all hidden. However, unlike Monero, it also allows for publicly visible transactions, therefore ensuring it can more easily meet regulatory compliance standards where required. For this reason, it remains listed on major platforms such as Binance and Coinbase.

Features of Zcash

Zero-knowledge proofs are like the secret handshake of Zcash. They allow parties to prove the validity of a transaction without revealing any sensitive information. It's privacy protection at its finest. When transacting with Zcash, you have two choices: transparent addresses, which operate much like traditional cryptocurrency transactions, and shielded addresses, which provide enhanced privacy through encryption.

Zcash has a block time of averaging 1 minute and 16 seconds, much lower than Bitcoin's 10 minutes, and even beating Litecoin which has 2.5 minutes. This means users typically wait less time for transactions to confirm, whilst paying very low fees (typically below 1 cent). There is a cap of 21 million Zcash which can ever exist, which matches that of Bitcoin. This minimizes the risk of inflation.

The Future for Zcash

Zcash has been gaining traction in the crypto world, with more exchanges and merchants accepting it as a form of payment. In many ways it combines the best of Bitcoin / Litecoin and Monero into one single blockchain. It is second only to Monero in terms of market cap amongst privacy coins, but is now the number 1 privacy coin on many major exchanges, meaning its expected to continue to attract investors who value privacy and anonymity.

How can I exchange Zcash on Incogex?

Whether you have Zcash you wish to swap for another cryptocurrency, or have another cryptocurrency you wish to exchange for Zcash, Incogex can help you do this in a matter of minutes without any registration and low fees.

Unlike most cryptocurrency exchanges we don't require any registration or 'KYC' (Know Your Customer), ensuring your anonymity and privacy are respected at all times. We offer a wide selection of cryptocurrencies that can be exchanged for Zcash.