Home The 4 methods to earn zcash cryptocurrency easily

The 4 methods to earn zcash cryptocurrency easily

Earn bitcoin

4 min read

Of course, bitcoin remains the safe bet and even refuge for many investors. However, you know that a good portfolio must be varied and contain many cryptocurrencies. That's why today I'm talking to you about Zcash.

In a previous article, I explained how to earn Bitcoin Cash (BCH) . I will try to continue this series for all the cryptocurrencies that are interesting.

So here is this short article to explain to you how to earn Zcash.

So, what is Zcash?

I found an expression that sums it up very well. Someone (who?) said that "if Bitcoin is like http, then Zcash is https". This already gives you an idea of what this cryptocurrency is. Zcash offers specific protection and simplicity of exchanges, and above all more confidentiality compared to bitcoin.

This is why this altcoin (synonymous with cryptocurrency) was created. Indeed, you are aware that when you make a bitcoin transaction, everyone has access to it on the blockchain. Which is a good thing in itself, but the downside is also obvious. Anyone can know how much bitcoin this or that address has, for example. This is why, for more confidentiality, many people opt for Zcash.

First things first: Open your Zcash wallet

You can open an official wallet on the Zcash website. However, Zcash is so well-known that most cryptocurrency wallets allow you to have Zcash addresses and wallets.

In my case, I use my zcash wallet included in my Coinbase account. It's so much simpler as a first step, I would advise you to open an account on Coinbase if you haven't already.

On the other hand, note that Coinbase 's "earn" program offers you free Zcash. See below for how to earn it.

1/ Earn $3 in Zcash with Coinbase

So, this method for earning Zcash is very simple. Coinbase implemented this program to popularize Zcash among users and to attract new members.

All you need to do is follow mini explanatory videos lasting 2 minutes maximum. Then you will be asked a question (a quiz) and when you find the correct answer, you are immediately credited to your coinbase account.

Likewise, don't panic, if you don't find the right answer, you can try again. Finally, the questions are very simple like: "What is special about zcash compared to bitcoin?" and there, the answer is that it is a more confidential crypto-currency.

In roughly 5 minutes, you pocket your first zcash directly into your wallet on Coinbase.

2/ Earn zcash with faucets

I already told you about bitcoin faucets. It is indeed the simplest method to earn cryptocurrencies easily and without doing anything. Even though these are very small amounts, keep in mind that in the early days of bitcoin, faucets gave 1 BTC per click. You can imagine how many people were happy about it years later.

We can imagine – following massive adoption of cryptocurrencies – that this will be more or less the case for other cryptocurrencies. Certainly, perhaps not to the masterful point of bitcoin, but still!

I remind you that a faucet is a cryptocurrency tap that pays users who simply click on a "claim" button. These sites earn money by showing ads. They then pay fractions of the amounts to the users. A kind of win-win partnership.

This ZCash faucet allows you to claim a small amount of ZCash every hour. It's a kind of roulette wheel. The luckier you are, the greater your chance of hitting the jackpot. Your chances of claiming ZCash payments are as follows:

80 satoshis (30%)
100 satoshis (65%)
250 satoshis (3%)
500 satoshis (1,9%)
1000 satoshis (0,099%)
500 satoshis (000%)

You can sign up and try this Zcash faucet here: www.zcashfaucet.info

3/ Earn Zcash with Genesis Mining

I know that cloud mining is not liked by everyone. Since some companies canceled contracts, this has hit many investors. That said, for those who are still interested in the advantages, you can also opt for this option.

For example, you can mine Zcash on Genesis Mining , for instance, to earn Zcash every day. Your earnings are proportional to your investment.

Otherwise, you can simply buy some and keep them on hold. That is to say, you store them in your wallet while waiting for a future upward valuation of this crypto. It is indeed a very popular strategy among investors in cryptocurrency: hold, wait, sell upwards for maximum gain.

4/ Create Zcash by mining zcash yourself

I know many of our readers mine. Zcash is a relatively easy and, above all, profitable cryptocurrency to mine. You can see this for yourself on the Zcash profitability chart on CryptoCompare. As you can see, everything looks promising 😉

If you're still new to mining, I'd recommend using MinerGate . This reputable company will analyze your computer's performance and configure the mining system for you, essentially. It's a perfect option if you don't want to deal with the hassle of setting it up yourself.

But, I will write a future article to explain to you how - in detail - to mine zcash.

Note: This is not investment advice. Always do your own research before investing.

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