Convert WMR to Zcash (ZEC)
The list above shows exchangers sorted by the rate of exchanging WMR to Zcash (ZEC). The exchanger with the best rates is at the top of the list, exchangers with worse rates are listed below it. Choose the exchanger with the rate you need and click it to go to the site and exchange the money.
What is Zcash wallet and how to use it?
A wallet is not very necessary for owning Zcash. If you own a Zcash wallet it adds additional protection and privacy control. There are various different web-based and application based wallet. You can set up your wallet and make sure to setup strong passwords and also enable 2-factor authentication.
Why should you use Zcash?
Using Zcash as a fast and reliable, inexpensive means to send digital money for services and goods purchased. It is audit free and regulation friendly. Using Zcash helps not to disclose your privacy. It allows people to send and receive Zcash without disclosing the sender, receiver or the amount transacted. It is also decentralized like other cryptocurrencies.
Where should I store Zcash?
You can store Zcash in a digital wallet. Though it is not necessary to own a wallet for Zcash it is recommended to store them in a digital wallet, they help you store the private keys of your Zcash addresses. Make sure to set up strong passwords and be sure to perform regular backups to protect your investment.
Can I mine Zcash?
Yes, you can mine Zcash. Mining can be done on computers with the right hardware. Zcash uses the Equihash algorithm which requires high RAM capacity. Zcash uses a proof-of-work mining algorithm. Proof-of-work means that miners participate against each other using processing power to create a new block on the chain.
Why should you NOT use Zcash?
Zcash exchanges are not very safe also you will need to take extra precautions to keep Zcash safe because you are entirely responsible for securing your investment. Managing your Zcash is not an easy job. You need to handle your wallet code records very carefully if you misplace those then the Zcash will be trapped in your wallet which you no longer have access for. These are some of the drawbacks for not using Zcash.