How to buy Zcash (ZEC) on Binance?

If you are a new user, this is the easiest option to purchase Zcash (ZEC). Binance supports both Visa and MasterCard. Transfer fiat currency from your bank account to Binance, and then use the amount to buy Zcash (ZEC). Buy Zcash (ZEC) directly from other users with Binance’s peer-to-peer service. How to Buy Cryptocurrency on Binance P2P (web)?

What are the uses of Zcash?

Use Cases of Zcash Investors use ZEC to trade in the exchange platforms such as Coinbase and Binance. What drives many investors to buy the coin is Zcash being a privacy-oriented coin and the fact that it has an academic development team of cryptographers. The largest crypto payment providers, such as Flexa and Gemini Pay, accept Zcash.

What is Binance Binance?

Binance Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Exchange Blockchain and crypto asset exchange Academy Blockchain and crypto education Link Trading terminal solutions

What happened to Zcash?

Zcash underwent its first halving at the tail end of 2020, triggering a cut in miners’ block rewards from 6.25 ZEC to 3.125 ZEC, and launched the network’s fifth upgrade, Canopy, which did away with the controversial “Founders Fund,” which some members of the Zcash community felt gave too much ZEC tokens back to the founders.