ZCash to USD Converter Tool
You have ZCash and you are looking for a medium that helps you convert it to United States Dollar currency, then this might sound good news to you. There is actually a ZCash to USD Converter tool, that can help you do you conversion. This conversion tool, takes your cryptocurrency and converts it into the desired fiat currency. There are no charges or anything sketchy. All you need is to visit the exchange where this tool is present, and you can easily start your conversion. Before using your conversion tool, there are certain steps that you need to follow, in order to successfully do your conversion. Don't worry, we won't be asking for your credit card number or anything fishy like that.
Using ZCash to USD Converter Tool
Follow these below-mentioned steps to carry out your conversion using ZCash to USD Converter Tool:
- The requirement needed to begin the conversion process is registration. Register yourself with the exchange given on the link. The process itself is short and straightforward.
- When the registration process is completed, an exchange wallet will be given to you. You can use this wallet to transfer your crypto coins, whenever you want to use the converter tool, do a buy & sell or liquidation. Though this wallet should not be used as permanent storage for your precious digital assets.
- After receiving the wallet, transfer your ZEC Coins to this allotted wallet. Afterwards, head over to the conversion menu of the exchange.
- There you will find the converter tool. Now to use this tool, there are specific options that should be set accordingly
- Select your ZCash cryptocurrency from the drop down menu with label "You will send". After selecting the desired cryptocurrency, you will select a payment method from the drop down menu with the label "You will receive". We advise you to select "Direct Bank Transfer" option, as it is our community's most used option and is considered safe and convenient. Make sure to provide bank account transaction detail, in order to receive your US Dollar currency.
- Provide the amount of coins that you want to convert. The amount should not exceed the number of coins already available in the wallet.
- Now, from your exchange wallet, send your ZEC coins as a payment on the provided payment ID. You can scan the payment ID QR (Quick Response) Code to obtain the ID
- After sending the ZEC coins as a payment, you will receive a payment receipt. Don't loose it, as you've to provide a screenshot to verify your payment submission.
- Fill out the text fields with the required information. Make sure, that no text field is left unfilled
- Finalize conversion by clicking on "Confirm Click"
As soon as you finalize your conversion, you will receive your US Dollars into your bank account. The exchange team will contact you to ask and verify about your successful conversion. Another advise is that always check the market situation and how it is acting against your desired digital asset. Also check out market prices, current value of your desired currency, exchange prices and price differences between your desired coin and fiat currency.
ZCash has been here for 7 years. It was originally originated from Bitcoin, and they both share the same codebase. ZCash cryptocurrency was made to overcome the failures of Bitcoin, by offering enhanced privacy features, fast transaction speed, anonymity on public ledger and more.