Best Zcash Gambling Sites in 2022: Top Zcash Casinos!
Zcash entered the cryptocurrency scene hailed as ‘the HTTPS of blockchains‘. Cryptocasinos quickly picked it up leading to the creation of Zcash Casinos. Read on to learn more about these new casinos with a focus on privacy and security!
- Top Zcash Casinos Online
- Guide to Zcash Casinos: What is Zcash?
- Zcash Payments: How Does it Work?
- Other Cryptocurrencies: Zcash vs Monero vs Bitcoin
- Advantages and Disadvantages of Using Zcash:
- Is Zcash Gambling Safe?
- What Games Can I Play at Zcash Casinos?
- Zcash Casinos: Other Payment Options
- Zcash Casino FAQs
Top Zcash Casinos Online
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Guide to Zcash Casinos: What is Zcash?
In 2016, a group of scientists, engineers, and advisors at ZECC created Zcash, which is essentially a cryptocurrency. Just like bitcoin, Zcash enables the user to have out-and-out private transactions, despite having the transactions sent to the public blockchain. You can use Zcash to buy something, to pay someone, to store wealth, or to play in Zcash casinos. The transactions are encrypted and untraceable.
The difference with Zcash is that it gives you the freedom to reduce the opacity of privacy selectively.
Zcash users have the ability to select how transparent and publicly accessible their transactions are.
The people behind Zcash strongly believe that privacy is a fundamental right for every individual.
Although the jargon can sometimes get unintelligible for the average Joe, the transactions will not. You may visit the Zcash online official website to learn more about the currency in detail. However, if you’ve stumbled on this page because you’re looking gamble, then keep on reading to check out our casino reviews.
Zcash Payments: How Does it Work?
To understand how Zcash transaction works, it would help if you know a few terms – ‘z-address’ and ‘t-address’. A private address is known as ‘z-address’, and a transparent address is known as ‘t-address’. When a transaction takes place between ‘z-addresses’, the transaction amount and the memo field are not publicly available.
Whereas, the transaction information between ‘t-addresses’ are publicly available, just like they are in bitcoin transactions. However, one ‘z-address’ may choose to reveal some of the transaction histories if need be for audit purposes.
Suppose you send Zcash from your ‘z-address’ to a ‘t-address’. In that case, the transaction in the ‘t-address’ is available in the public blockchain, but your ‘z-address’ details are ‘shielded’. For example, if a Zcash casino has a ‘t-address’, the receiving balance will reflect in their account, publicly. Still, your identity or other details will not be available in the public blockchain, unless you want them to.
As you can see, privacy is paramount in Zcash transactions.
How to Get a Zcash Wallet for Casinos Online?
You can get Zcash or any other cryptocurrency for that matter by either exchange or mining. You can mine Zcash if you know how to, or you can always build a mining rig to mine Zcash using GPUs (Graphics Processing Units).
Exchanging Zcash, on the other hand, is less time consuming and less geeky than the mining process. However, first, you need to have a wallet to store your Zcash. There are multiple cryptocurrency wallets to choose from. Some wallets have shielded address support while some have transparent address support only.
Listed below are some of the popular Zcash wallets.
Wallets with shielded address support:
- ZecWallet FullNode
- ZecWallet Lite
Wallets with transparent address support:
- Atomic Wallet
When you download the wallet, you will get the wallet address. You will need this wallet address later at the time of purchasing or exchanging Zcash.
The final step is to register an account in the wallet. You have to deposit money ($ / £ / €) to your account in order to be able to buy cryptocurrencies. Once you have added fund to your wallet, we advise you not to buy Zcash straightaway. First, you can buy bitcoins and use it to trade in Zcash or ZEC Tokens.
Now that you have your wallet and a cryptocurrency, you need to visit an exchange site to get Zcash. Essentially, an exchange is a marketplace where you buy, sell or trade Zcash. Remember, these marketplaces or exchanges charge a small brokerage against any trade. Generally, it’s a small percentage of your trading amount.
Here is a list of websites where you can buy Zcash from:
Right after you trade in the Zcash, you need to provide your wallet address, and once you do that, it will be credited to your wallet. Then you have to visit your wallet to claim the Zcash coins. Following that, you have to confirm the bitcoin transfer, which makes it a two-way transaction.
How to Register at a Zcash Casino Online?
First, you have to zero down on an online casino that accepts Zcash payments. Selecting the best Zcash casino could be a daunting task for many users. Therefore, you can choose one from our list of best Zcash casinos. Once you select the online Zcash gambling platform, you need to open an anonymous account. Unlike any fiat casinos, Zcash casinos allow anonymous gambling. You are not required to upload any personal document for verification. To open the Zcash gambling account, you need to enter only your email ID.
How Can I Deposit to Online Zcash Casinos?
Depositing fund in your Zcash casino account is pretty straightforward. Once you get your Zcash or ZEC from a cryptocurrency exchange, you can transfer the currency directly to the Zcash casino operator’s account. In that case, you will need to provide the wallet address of the casino operator at the time of transfer.
There is another way to deposit ZEC in your Zcash casino. Once you get the ZEC from the exchange, you can transfer the currency to your Zcash wallet. After that, you need to move the ZEC from your wallet to your Zcash casino account.
How Can I Withdraw from Zcash Casinos?
Withdrawing your winnings from a Zcash casino account is relatively easy. It works just the way it does in depositing the fund – but in reverse. Once you decide to cash out your winnings from the Zcash gambling account, you need to enter the desired withdrawal amount. It is very similar to how you would withdraw your Zcash from a cryptocurrency exchange. Finally, you need to enter the wallet address where you wish to transfer your funds to.
Once you complete that, you need to press the withdraw button to initiate the fund transfer, and expect to receive the ZEC in your Zcash wallet shortly after. Remember, most of the online casinos that accept Zcash payments have an option that allows you to withdraw your entire balance from the casino account.
You can later convert your ZEC or Zcash into fiat currencies like USD ($), GBP (£) or Euro (€). To do that, you have to follow the same process which you followed to trade ZEC in a cryptocurrency exchange. You have to buy bitcoins with Zcash, and then exchange the bitcoins with fiat currency of your choice. Later, you can use the bank wire transfer to move the fiat currency from your cryptocurrency wallet to your bank account.
Other Cryptocurrencies: Zcash vs Monero vs Bitcoin
Zcash, Monero, and bitcoin are all different types of cryptocurrencies. Where Zcash was developed on bitcoin cryptography, Monero hosts a separate programme altogether. However, there is one common feature among all these cryptocurrencies – privacy.
Zcash or ZEC
Zcash uses Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge or commonly known as the zk-SNARKS protocol to ensure the privacy of the user. The user of Zcash or ZEC can either choose the transactions to be completely private or transparent.
As we have discussed earlier, there could be four types of ZEC transactions:
- A transaction between two ‘shielded’ addresses, also known as ‘z-addr’
- A transaction between two ‘transparent’ addresses, also known as ‘t-addr’
- A transaction between a ‘shielded’ address and a ‘transparent’ address (sender using ‘z-addr’ and the recipient using ‘t-addr’)
- A transaction between a ‘shielded’ address and a ‘transparent’ address (sender using ‘t-addr’ and the recipient using ‘z-addr’)
Monero or XMR
All the transactions using Monero are private by default. Monero or XMR uses CryptoNote, a completely different protocol than ZEC and bitcoin. Monero ensures the sender’s privacy by employing ‘Ring Signature’ while the recipient’s privacy is maintained using ‘Stealth Address’. The entire transaction is made private using Ring Confidential Transactions technology.
Talking about bitcoin, it’s the first decentralised digital currency. It is wildly popular among gamblers around the world. Bitcoin casinos are based on open-source cryptography, and it operates on peer-to-peer technology. This peer-to-peer technology eliminates the involvement of any bank or central authority. However, the transactions are published on public blockchains, which essentially means they are not private.
Advantages and Disadvantages of Using Zcash:
The primary objective of Zcash is to provide privacy to the users. For gamblers wanting to hide their transactions in crypto casinos, ZEC can be their choice of crypto coin. However, before choosing this currency in online casinos that accept Zcash payments, let’s see what the pros and cons of Zcash are.
Advantages of Zcash Gambling
Zcash is completely anonymous as it hides the transaction details from the blockchain, unlike bitcoin. Nonetheless, the user can choose between a shielded transaction and a transparent transaction, depending on whether he wants to make his transaction go public or not.
Zcash is ASIC-resistant. It essentially means that Zcash is not dependent on graphics cards or other expensive and heavy equipment. Nonetheless, the ASIC community has lately voted against prioritising this feature any further.
To count another advantage, Zcash has a fixed supply cap that ensures a stable price.
Disadvantages of Zcash Casinos
The privacy of Zcash draws unwanted attention. This vigil from centralised authorities only takes place when there is a sudden private transaction among many transparent ones. Had there not been any transparent transaction allowed, the Zcash private transfers could have stayed low-key. That said, it still has many days before this vigilance can disrupt or cause any issue for that matter in Zcash operations.
Since Zcash is ASIC-resistant and primarily designed for Linux operating system, this can only be mined through CPU mining. For many, this limitation is a major setback.
For a layperson, transacting in Zcash can be a big hassle. From buying bitcoin, then exchanging them with ZEC, then making a few more in-and-out of the wallet moves to claim the ZEC. That’s a tedious task for everyday transactions. Also, you repeat the same process while depositing fund in Zcash casinos, except for the exchange part.
- Complete anonymity
- Fixed supply cap
- Legal issues surrounding the privacy
- Can only be mined through CPU mining
- Transactions can be a hassle
Is Zcash Gambling Safe?
All the Zcash casinos mentioned in this article are safe for users. However, it would be best if you know how to determine the safety of online Zcash gambling.
Whenever you are searching for a casino that accepts Zcash online payments, look for these features mentioned below –
Every online Zcash casino must possess a proper licence issued by regulatory authorities. Casino buffs must stay away from casinos that don’t have a valid licence. Remember, the foremost licensing authorities are Gibraltar Regulatory Authority, Malta Gaming Authority, UK Gambling Commission, and the Curacao eGaming Licence.
Are Sites that Accept Zcash Payments Secure? (Privacy and Data)
A good Zcash casino operator must engage top of the line safety measures on its website to protect the user data. Licensing authorities regulated online casinos use SSL Encryption for data security.
Also, ensure that leading software developers like Microgaming, NetEnt, Play‘n GO, etc., are providing the games. In case you are playing in a live dealer casino, Evolution Gaming is a leading name that offers exciting games. All of these top game developers promise genuinely random results.
To learn in detail about gambling security, check out our post on secure gambling guide.
What Games Can I Play at Zcash Casinos?
Mostly all games are available in Zcash casinos. Nonetheless, if you are new to online Zcash gambling, here is a list of games that you can try your hands on.
Most popular casino table games are blackjack, baccarat, roulette, and craps. Just like any other fiat currency casinos, Zcash casinos offer a variety of these classic table games as well. For those who want to try their fortune on a blackjack table, taking a look at the top blackjack strategy will always help. In case you like roulette better, fret not. There is a roulette strategy as well to help you maximise your chances of a win on the roulette table. You can also try your hand at playing poker if you’re looking for a more skilful game to play.
Slot Zcash Games
Bettors across the world like spending time in front of the slot machines, and rightly so for they are addictively interesting. If you see yourself as a fan of slot games, Zcash casinos will not disappoint you at all. Here, you will find most of the online slot games that are popular among casino buffs.
Live Dealer Games: Zcash Poker, Zcash Roulette, and Zcash Blackjack.
Zcash casinos are catering to the players with their raft of offerings. Not only table games, but you can play some live dealer games on Zcash casinos as well. After all, a gambler knows the thrills of a live dealer game, be it live dealer blackjack, live dealer roulette or live poker games.
Lotteries, video poker, and, practically, all sorts of casino games are available with the Zcash casinos. The wide range of availability of games makes Zcash casinos just as good as the fiat currency casinos.
Zcash Casinos: Other Payment Options
Most of the Zcash casinos accept other casino payment methods as well. For example, many of the Zcash casinos accept crypto coins like Ethereum, Bitcoin, Tron, and Dash, etc. Apart from the cryptocurrencies, you can deposit funds in a traditional way as well. Many Zcash casinos accept Visa / Mastercard payment, bank transfer, etc. They also allow the players to deposit and withdraw funds using e-wallets like Skrill, PayPal, ecoPayz, Neteller, etc.
To conclude this article, we will advise you to do adequate research before registering with any of the Zcash casinos. Read the terms and conditions before joining the Zcash casino so that any wagering limit or betting condition doesn’t come as a surprise to you.
Zcash Casino FAQs
You can use Zcash in all online casinos that accept Zcash. We have mentioned quite a few in our article to help you choose the best one.
The process of buying Zcash is only through a cryptocurrency exchange, as we mentioned in the article. But we should inform you that a few days ago Coinbase, a popular Zcash wallet, warned its U.K. users to convert their Zcash holdings into GBP. There was no clear guidance as to why Coinbase said that. However, the U.K.’s Financial Conduct Authority seem to have included Zcash under its regulatory remit. The British tax agency pursued the crypto wallet providers to reveal the customers’ information in an effort to trace and recover unpaid taxes. Therefore, please take due diligence before owning Zcash, in case you reside in the U.K.
At the time of writing this article, ZEC is valued at $69.18.
You can easily convert your Zcash holding into USD, GBP or Euro, using your wallet. Convert your Zcash into bitcoin in the exchange, and then sell the bitcoin against fiat currency. The entire process is pretty straightforward for that matter and has already been talked about in detail in the article.
There is no one-size-fits-all answer to this question as it depends on Zcash casinos. We advise you to read the terms and conditions before signing up with the online casino. This is the only way to learn about the wagering requirements or betting limits if there is any.
Even though there aren't a million casinos that accept Zcash payments, the ones that do are still great. We've listed the ultimate Zcash gambling sites in 2022 above, and we can assure you that they're legitimate.
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