This post will run through the best Zcash wallets available to buy or download. This post aims to give you an in-depth rundown on all of your options.
Hardware wallets are the best choice if you need secure storage for your Zcash. If you are an investor, a hardware wallet will probably be the easiest way to secure your Zcash.
The Ledger Nano S is probably the most popular crypto hardware wallet at the time of writing and supports Zcash.
You should follow this guide to use your Nano S with Zcash.
It costs about $70 and is sold by Ledger, a Bitcoin security company based in France.
The Nano S has a screen so it helps you verify and confirm all outgoing Zcash transactions, which provides additional security.
TREZOR is very similar to the Nano S, but is sold by Satoshi Labs. TREZOR was actually the first hardware wallet to have a screen, which provides extra security.
According to TREZOR’s official blog, it supports Zcash in its official wallet.
TREZOR will cost you $99 and ships from Europe.
Jaxx is a multi-currency crypto wallet for iPhone and iPad. It supports Zcash although it is not open source. It should not be used for large amounts of Zcash, but is a great option for day-to-day use or accepting payments on the go. There was recently a hack where many users lost money, so please be careful.
You can make a paper wallet for Zcash, but it is very hard to do this correctly and securely unless you really know what you are doing.
You’d need an offline, secure computer and then print out the private key to create a paper wallet.
A paper wallet can be a cheap way to create a secure wallet if you can’t afford a hardware wallet. However, again, it is hard to do right so please do some searching on Google for how to make a secure paper wallet if this is something that interests you.
In this section we will aim to answer some common questions about Zcash wallets and using Zcash.
A Zcash address is similar to your email address. It is a public string of letters and numbers that you can give to people. Other people who have access to one of your addresses can send you Zcash.
The easiest way to fund your Zcash wallet is to buy Zcash and send them to your wallet. There is no wallet yet that allows you to buy Zcash from directly within the wallet.
There is no such thing as a Zcash account. A Zcash wallet is the closest thing to an account that exists in crypto.
If you are dealing with lots of LTC and invested in it, use a hardware wallet. If not, you can use a desktop or mobile wallet.
Definitely. Make many backups of your wallet if you are dealing with large amounts. Too many people have lost Bitcoin and other crypto currencies due to not making backups.
Also, NEVER store your Zcash on an exchange! Thousands of people have lost bitcoins in hacks. While much less Zcash has been lost like this, it is still very possible that this can happen. Especially since the Zcash price is going up so much and the exchanges will become even bigger targets for hackers.
Most wallets today are developed for Bitcoin, simply because it has the most users and has been around longer.
We, however, expect many more Zcash wallets to be released since the crypto industry as a whole is growing and Zcash is still one of the most popular coins.