Bitcoin is the most popular cryptocurrency, but many holders are looking for alternatives, and Zcash is sometimes one of them. If you want to convert BTC to ZEC, you’ve come to the right page, as we’re going to present the three most popular options for swapping the two cryptocurrencies.
But before that, let’s quickly make an overview of BTC and ZEC to help you decide how and when to exchange the two coins.
BTC and ZEC: Quick Facts
The sentiment towards Bitcoin is such that many are looking for a way to sell it. Simply put, BTC is now around $20,000, which means it returned to the price that was active during the start of the pandemic. Some investors consider ZEC a good investment opportunity, so we decided to make a quick rundown on BTC and ZEC to help you out.
- Transaction fees: The default fee for ZEC is set to 0.00001 ZEC ($0.00054). BTC’s transaction fees can vary a lot but is currently at around $1.
- Overall popularity: Bitcoin is the most popular cryptocurrency at the moment. ZCash is 54th based on its overall market cap.
- All-time high: BTC’s all-time high was $64,800. ZEC’s all-time high was its starting price, which was $5,941.80. However, it’s more realistic to take ZEC’s second-highest price, which was $880.
- Max supply: Both coins have a maximum supply of 21,000,000 coins.
- Platform reliability: Both platforms are considered reliable and secure, but Zcash pays more attention to privacy.
- Innovation: Innovation on the Bitcoin network is often slow and almost doesn’t exist. On the other hand, the team behind Zcash is working hard on upgrading the network.
Obviously, Bitcoin is more popular and expensive, but Zcash offers additional privacy and a bigger technological effort from the development team.
BTC Price Prediction for the Near Future
Priceprediction.net offers a rather positive outlook for Bitcoin: a maximum of $41,180 in 2022 and over $137,000 by 2025. DigitalCoinPrice is less optimistic, predicting a max price of $32,369 in 2022 and $53,122.23 in 2025. WalletInvestor presents the golden middle: its 2022 forecast settles at about $44,000, and for 2025 they predict a maximum value of $87,213.
ZEC Price Prediction for the Near Future
At PricePrediction.net, we can see a forecast of $117.34 for 2022 and $368.52 for 2025. As for DigitalCoinPrice, it is once again more modest in its predictions, with a maximum value of $87.36 in 2022 and $136.38 in 2025. WalletInvestor believes the coin can reach the price of over $430 sometime in October 2022 and surpass the $800 level in 2025.
3 Recommended Exchanges for Safe Crypto Trading
If you’re interested in trading BTC to ZEC or the other way around, please check out the three following exchanges.
1. Godex
Godex is a popular decentralized exchange offering dozens of crypto pairs, including BTC/ZEC. Users don’t have to register to make the swap, a regular transaction takes around 5 minutes, and there is no limit on the amount or number of transactions you can make.
The main benefits are:
- No registration
- No KYC
- Fixed rates
Overall, we recommend Godex as our #1 selection for BTC/ZEC because ZEC owners value their privacy the most, and Godex can help with that.
2. HitBTC
Even though HitBTC requires registering an account, it still offers a fast and responsive interface. On top of that, it uses strong security protocols that can ensure the protection of assets.
The main benefits are:
- Great security
- Fast and responsive
- Robot-friendly API
If you’re using trading bots, HitBTC is a good choice, and that’s one of the main reasons it made it to our list.
3. Changenow
Changenow is another great exchange that offers to buy crypto with fiat. It’s a decentralized platform supporting many fiat and cryptocurrencies, has low network fees, and unlimited exchanges.
The main benefits are:
- Limitless exchange
- Low fees
- Accepts fiat
We also enjoyed the speed that Changenow offers for every transaction, which is why we decided to list it here.
Conclusion
If you’re planning on swapping your BTC to ZEC or any two other cryptocurrencies, it’s important to use a trusted online crypto exchange. At the moment, we recommend going with the Godex exchange as it features great security, anonymity, and speed.