Wallets are critical for anyone who has anything to do with cryptocurrencies. You need them to hold your crypto portfolio and to ensure your assets are safe.
It is therefore important to select the right wallet to use at every point in time, to ensure that your assets are protected and your mind is at rest. However, not every wallet is suitable for every crypto asset that you have.
Certain wallets are more suitable for certain crypto assets. In fact, some wallets are designed specifically for certain crypto assets, which makes them perfect for such assets. There are also those that are general purpose wallets, suitable for all kinds of crypto assets.
For ZEC, the following are the most suitable wallets to use for holding and securing the asset, and you can choose any of them and be sure that your assets are safe.
Ledger Nano X
Ledger Nano X is one of the hardware wallets created and sold by the security company called Ledger. Being a hardware wallet, it provides cold storage for your ZEC, completely separated from the internet and ensuring that your ZEC is secured at all times.
In case you have plans to explore more altcoins, the wallet supports over 5,000 other assets that you can easily swap with ZEC and manage right within the hardware. You can connect the wallet to a computer and access it via the Ledger Live App or any software wallet that supports hardware wallet.
If you prefer mobile devices, Ledger Nano X is the only Ledger wallet that has support for Bluetooth connection, which allows you to connect to your mobile phone and access the wallet seamlessly.
Zcash Official Wallet
Zcash has an official wallet designed specifically for ZEC. However, it is a desktop only wallet that is more suitable for advanced users, especially those into ZEC mining.
While it was originally designed for the Linux operating system, Mac and Windows users can also get compatible versions from the ZEC community.
With the wallet, you can run a full Zcash node, with the complete transaction history of the network. Full node wallets are generally highly secure, since you can verify your own transactions without having to wait for miners or validators to do so.
The wallet also requires more space on your computer to use, since it needs at least 2 GB of RAM to implement blocking transactions.
Jaxx
This is a ZEC wallet that is ideal for everyday use, being a software wallet. It is also a multi-currency wallet, so it supports several other crypto assets apart from ZEC, allowing you to swap tokens easily.
The wallet’s design makes it easy to use and access, with support for desktop and mobile devices, both Android and iOS. The wallet is also available as a browser extension compatible with top browsers such as Chrome, brave, Firefox, and Edge.
Because it is a non-custodial wallet, it comes with a 12-word key phrase you can use to recover the wallet should anything go wrong. The wallet is also integrated with ShapeShift exchange, making it possible to receive and send assets.
CoinPayments
This is another crypto wallet that you can use to hold your ZEC and make transfers seamlessly. Since ZCE is a privacy coin used mainly for private transactions, CoinPayments is the ideal wallet that allows you to use it for this purpose.
You can send and receive payments in over 70 coins worldwide using the online wallet or the mobile wallet app for both Android and iOS devices. Transactions on CoinPayments are fast and with low fees of 0.5%.
The wallet is also highly secure with BitGo’s multi-level security technology that protects your money and allows you to block your coins using ZEC. It also has a Point of Sale feature that allows you to accept transactions independently without the need for an exchange or any form of middle man.
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