**How to buy Zcash**
Zcash trading on Binance guide! Read below for a step-by-step on how to buy Zcash. Now that Zcash is officially on exchanges you can buy directly with BTC or USD from Hong Kong exchange Binance. Other exchanges will continue to be added ...
Step 1: Create! An Exchange Account
If you’re not already registered on Binance, go to Binance and create an account... Then simply click the register button and follow the instructions.
Step 2: Buy Your First Crypto
Now you can simply buy crypto using your credit-card or bank account Simply navigate to this menu by clicking “your mail” in the top banner and then simply click “Buy/Sell Crypto”. Next you’ll be sent to this screen, here you can either choose to enter the amount of crypto you want, with the choice of Bitcoin (BTC), Ripple (XRP), Binance Coin (BNB), Ethereum (ETH) and Litecoin (LTC) or you can choose to enter the exact amount of USD or EUR you want to spend on your purchase. Once you’ve entered your order simply click “Buy now” and you’ll then be presented with instruction for the KYC-program of Simplex (Binance’s partner) which is shorthand for Know-Your-Customer. This is a necessary part of being allowed buy crypto through established exchanges and the same thing is required by other exchanges such as Coinbase and Kraken.
After placing your order you’ll receive your crypto in a matter of minutes! Last time I made a purchase it took about 15 minutes for it to show up, but your experience may vary depending on the load of the network! So don’t worry if yours doesn’t show up immediately.
Step 3: Trading and Finding Zchash
İn this article we wanted to buy some Zcash, I would click “Exchange” in to upper left-hand corner, then “BTC Markets” since I bought Bitcoin using my credit-card, and then click “Zcash” because that’s what I want!
Now there’s a metric ton of coins on Binance, so if you cannot find the one you want simply use the search function on the right-hand side of the screen to search for whatever you want!
That’s it, now you’ve successfully completed a transaction between — in this case — Bitcoin and Zcash. This process is 100% identical for all other pairs of coins!