Convert WMZ to Zcash (ZEC)
The list above shows exchangers sorted by the rate of exchanging WMZ 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.
Technology behind Zcash
Zcash is a digital currency that uses very complicated technology with the widely distributed network of computers to encrypt privacy of transactions so the third party is not aware of the transaction being made. Zcash uses a different method of recording the transactions on the blockchain. There are 2 different types of address: Transparent and Shielded.
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.
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.
When to sell Zcash?
It is highly impossible to analyze on the right time to sell your Zcash. However, we should constantly keep track of the market and the trends to sell your Zcash. It becomes an absolute necessity to react quickly and take quick decisions when you think the market is right to sell your Zcash.
How to sell Zcash?
If you want to sell your Zcash to earn faint currency you should enter the current price and available quantity before placing the order to sell them. Another effective way is to sell Zcash through Western Union that enables a much faster cash receipt. However, you must be careful while submitting the correct info to sell your Zcash.