What is ZCash
Zcash is both a cryptocurrency and a blockchain developed by the Zcash company. Zooko Wilcox, CEO of the company, says that their main objective was to create a coin which wouldn’t have bitcoin’s drawbacks and, thus, would be presenting its alternative. With that end in view, the team provided Zcash with an algorithm similar to bitcoin plus enabled semi-transparent processing. Zcash avoids the total transparency of bitcoin’s blockchain and allows its users to keep the details of their transactions in private being able to send money to any part of the world.
How to buy ZCash with Credit Card
You can buy ZCash with VISA or MasterCard right in the interface of Atomic Wallet. Convert your USD or EUR to BTC and then exchange it to ZEC.
Even if you have a JPY, CAD or any other currency card, those currencies are automatically converted to either EUR or USD, depending on your choice. It’s quite easy to use and doesn’t require specific tech skills.
The wallet empowers you with a high-level security with a convenient and clear interface, 300+ coins and tokens support, built-in cryptocurrency exchange and atomic swaps. Our motto is “Only you control your funds!” and it’s 100% true. Private keys are generated out of a unique mnemonic seed and securely kept on your device, so this is only YOU who controls them.
Rates, Security and how it works?
The fees are fixed at 2%. Each operation is fully conducted by Simplex, an EU licensed card processing company. You choose an amount and currency to buy and verify your ID. Then your bank holds funds until Simplex approves the request and makes an exchange. As a rule, you receive crypto in 24 hours. Otherwise, in case of some issue, you receive a decline and get a full refund.