Zcash (ZEC) is a digital currency created in 2016, that offers privacy and transparency as its payment system is based on similar blockchain technology. Zcash is different from most of the currencies by using zero-knowledge cryptography i.e offers serious privacy protection by protecting and hiding every transaction of a sender, unlike other currencies which usually makes the payment history public.
With the use of zero-knowledge proof, it is promoting the innovative cryptography and the encrypted transactions can be certified as valid. The transaction privacy feature made Zcash one of the fastest-growing cryptocurrencies. Zcash gives the sender to liberty to choose whether to hide or show the transaction parameters. This feature makes it different from other cryptos.
As we know Zcash is a relatively new cryptocurrency, there are not many wallets available for it. But, it has managed to integrate most of the best cryptocurrencies wallet. Let’s see the list top Zcash wallets.
The top 7 Zcash wallets in 2020 are:
Trezor is a hardware wallet that supports Zcash cryptocurrency> It is one of the most used top Zcash wallets. It acts like a USB device, which operates on the “Zero Trust Approach”, which minimizes the compromise by a third party. It is one of the best multi-cryptocurrency wallets.
Trezor is protected by a PIN and provides you with recovery seed if your wallet is stolen or lost. It is specifically a Bitcoin wallet but supports 14 other cryptocurrencies. It has an easy-to-use interface and saves from hacking and thefts by their difficult protection PIN.
Just that it limits its communication with other devices. When the USB device isn’t connected, it’s turned off.
Click here to access Trezor
Ledger Nano S is a USB sized multi-currency wallet which is best for Zcash transactions. It is a multi-asset hardware Zcash wallet, which looks like a folding flash drive. The best part is that it can store Bitcoins, Ethereum, Zcash, and 10 other altcoins. It works like a USB device, which when connected to the device needs the device to confirm transactions.
It is safe and can run multiple apps, relatively inexpensive, unhackable and malware proofed. It can support and store 13 currencies and can integrate with multiple software wallets. Lastly, it is one of the affordable OLED-based hardware wallets.
Click here to access Ledger Nano S
Free wallet is an online multi-currency wallet that supports multiple currencies like Bitcoin, Ethereum, and more than 30 crypto tokens, wherein it enables the free transaction between the free wallet users. You can even buy cryptocurrencies with the help of a credit card. It is not only a web wallet but its also available for mobile devices to download, such as iOS and Android. Free wallet provides some of the best features like multi-signature transaction confirmation, 2-factor authentication and many more.
Click here to access Free Wallet
Cryptonator is an online wallet that supports Zcash transactions. It is a multi-currency Zcash wallet that has instant exchange features for its users, which enables instant and automatic exchange on the platform at a very attractive rate. Cryptonator has good security like bank-grade security, encrypted SSL connection and next-generation protection for all user accounts, with two-step authentication, which provides reliable and trusted internet protocol.
Combining usability with high-level privacy, anonymity, and security, Cryptonator offers free ZEC accounts, which are accessible 24/7 worldwide on your laptop, desktop or mobile devices alike.
Click here to access Cryptonator
Jaxx Liberty is relatively a new crypto that beliefs in simplifying the blockchain and attracting the masses to its unique selling proposition. Jaxx is a multi-chain offline Zcash wallet that offers support for seven cryptocurrencies, namely Zcash, Bitcoin, Ethereum, Dash, Ethereum Classic, DAO, Litecoin, and REP.
Jaxx gives you full control over the wallet, which is highly accessible with desktop and mobile compatibility. It allows you to quickly convert between bitcoin, Ethereum, and DAO, and will also work for all the coins, the Jaxx developers integrate in the future. It has been tagged as one of the popular and best multi-currency wallets in the cryptocurrency wallet review.
Click here to access Jaxx Liberty
Coinomi is one of the oldest multi-platform, multi-chain cryptocurrency wallets available, trusted by over 2.5 million users. It is a Hierarchical Deterministic wallet that offers native support for over 125 blockchains and 1770 tokens and implements the strongest standards of security and privacy. It supports multi-seed setups, and each seed phrase can have its own encryption settings, according to its use case. No user data are ever collected by Coinomi, while users' IP addresses are obfuscated for total privacy. Coinomi was one of the first wallets to offer native segwit for BTC and 14 more blockchains, and users can switch between native segwit, compatibility, or legacy address formats with the click of a button. Users enjoy full control of their transaction fees and UXTOs in Coinomi while its UI is hailed as one of the most intuitive in the space, suitable both for first-timers and advanced users. Coinomi is translated in over 25 languages and boasts 175 Fiat representations as well.
Click here to access Coinomi
Guarda Wallet is a top multi-currency wallet that allows users to send, receive, exchange, manage and store coins from over 45 blockchains and thousands of tokens. It also supports human-readable addresses and delegation.
The wallet provides complete privacy and safety to the users, especially with its multi-signature feature, enabling users to validate transactions with two or more signatures. Being a non-custodial wallet, it does not store any personal data of the users instead encrypts the backup and keeps it onto the user's device.
The wallet is very user friendly with its interfaces compatible with Web, Desktop, Mobile (iOS, Android) and Chrome Extension versions. Guarda has a built-in exchange and staking option as well.
Click here to access Guarda Wallet.
CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to email@example.com or refer our API documentation.
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