EXCHANGE BITCOIN CASH TO ZCASH
What do you need to know?
- The average time for exchanging BCH to ZEC is 10-60 minutes
- You only need 2 confirmations of the Bitcoin Cash blockchain for the exchange
- If you can’t send funds to our Bitcoin Cash address, try adding “bitcoincash:” to the beginning of the address or use the Bitcoin Cash address converter.
FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd
Brief information about Bitcoin Cash
On August 1, 2017, the digital market saw a new cryptocurrency based on the BTC blockchain, which was named Bitcoin Cash. The split occurred on the block 478558 Bitcoin. It had a common part of the blockchain until the hard fork, and all subsequent blocks were already formed into a new chain. Bitcoin Cash is called the most successful fork of bitcoin.
How can I estimate the time of transaction confirmation?
It is important to keep in mind that to increase the number of confirmations, a new block must appear. Blocks of Bitcoin Cash, like Bitcoin, can go from 1 to 75 minutes. The average time for a Bitcoin Cash block to appear is 10 minutes. Therefore, Bitcoin Cash is not a fast currency.
If you are unable to send coins to our address
If your wallet does not accept our payment address, try adding “bitcoincash:” to the beginning of the address. This may be due to the fact that your wallet does not support an address without a prefix. Many wallets are strict about address formats.
You may be using a wallet that does not support the new BCH address format. In this case, you can use the address conversion service. To do this, insert the given address into the line and press the Convert button. The Legacy tab will display the old address format.
Example:
- The address you received from us:
qztfskga5nqp97vuzufzhxyfky0nfa2kd5lwv5ecp6 - Legacy address (legacy address format):
1EjGs7C1N7e2QEqg343dvQN1UEEF97Btwi
Despite the dramatic difference in spelling, they refer to the same wallet.
Bitcoin Cash network fee
Today, the average fee for a Bitcoin Cash transaction is no more than a cent — $0.0046.
FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd
Zcash — the first truly anonymous cryptocurrency
Zcash — a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymization. Since the Zero-Knowledge protocol is used, the blockchain does not get full open transaction information.
Address Types
There are 2 types of addresses: a z-address, which is protected by a zero-disclosure proof protocol and is anonymous, and a t-address, which is public. Today 95% of ZEC addresses are open.
Transaction processing speed on the Zcash blockchain
ZEC is a relatively fast blockchain. The average formation time of a new block is approximately 2.5 minutes, which is several times faster than Bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, reducing the complexity of mining. This will reduce the time to confirm one transaction to 1-5 minutes.
Zcash network fee
Cryptocurrency Zcash gained great popularity not only due to anonymity. Many users rated the extremely low fee on transfers. For example, for 2019, it did not exceed $0.0007, and the average figure was in the range of $0.0001.
EXCHANGE IN 3 EASY STEPS
- Enter the desired amount of Bitcoin Cash and write your wallet address to receive currency.
- Click the “Exchange now” button and you will be taken inside your order.
- Send Bitcoin Cash to the address from your order, after the required network confirmation, Zcash will be sent instantly.
