Best Zcash Casinos

Zcash isn’t a new cryptocurrency, but it’s one of the best when it comes to security, privacy, and anonymity of payments. While we are used to the fact that blockchains are public ledgers that everyone can dissect to get the full lowdown on the transactions, Zcash payments can be done anonymously – that is, when the sender, the recipient, and the transaction value itself are encrypted and thereby cannot be seen by anyone but the payment parties. This feature is a huge advantage for players willing to play at their best Zcash casino without revealing their identities.

What Exactly is Zcash?

Zcash, formerly known as Zerocoin, was developed by Matthew D. Green, a professor from John Hopkins University. The original idea was to create a better version of bitcoin, and the early team of Zerocoin was focused on improving the anonymity of transactions without involving a third-party. However, at a certain stage, it became clear that a new protocol was needed, and it was created in 2016 along with a new cryptocurrency titled Zcash.

Since then, Zcash has survived several ups and downs: having peaked in January 2018 at about $953 per coin, it then plummeted to its lowest value of $23 in March 2020 and recovered to about $80 per coin as of December 2020. What’s next on the cards for Zcash, we don’t know, but that’s not even important for anyone willing to deposit to an online casino with Zcash and then play for real money. Since the rates of Zcash change relatively slowly (fortunately, it’s not the most volatile cryptocurrency), you can always exchange it for a more stable bitcoin, fiat currency, or any other currency that you believe would work for you.

Zcash for Casinos: Pros and Cons

• Ultra-privacy. The main reason to use Zcash is privacy. At the same time, you are free to choose whether you want your transaction to be visible in a public blockchain by using either z-addressees (full privacy) or t-addresses (standard public blockchain).
• Near-zero fees. The default transaction fee is 0.0001 ZEC, which is $0.008 at the current exchange rates. By increasing the transaction fee, you can speed up your payments, but that is not necessary since the Zcash blockchain is never clogged.
• Instant transactions. Transactions themselves are done almost instantly, but the time when you receive your money depends on the number of confirmations needed for the casino to count the transaction as valid. For example, 24 confirmations will take about 60 minutes, but usually, fewer confirmations are required.

On the flip side, Zcash is not the most stable asset. It’s totally fine if you keep track of the changes in the crypto world so that you can sell or exchange Zcash in due time, but it’s a different story if you want to play at an online casino for real money with Zcash without following the changes in the industry. In this case, it might be wiser to keep your funds in fiat currencies.

Alternatives to Zcash

Every new Zcash casino from our top-list supports at least several alternative banking methods that you can use if you are dissatisfied with Zcash or for whatever other reason. The main criteria for choosing a reliable deposit & withdrawal method are safety, security, transaction speed, fees, and bonuses. Speaking of bonuses, Zcash deposits are one of the best since crypto deposits are often rewarded with bonuses.

• Wire transfers. If you want to go traditional, you might as well use wire transfers. However, although they are secure and safe, you will likely have to wait for a few days for the money to arrive in your casino account.
• Credit & debit cards. Whether you use VISA, MasterCard, American Express, JCB, or any other popular card, you will get your deposit immediately and with bearable fees of no more than a few percent of the transaction amount.
• E-wallets. Probably the best alternative to cryptocurrencies, e-wallet money transfers are just as fast as crypto payments and usually only a little more expensive. PayPal, Skrill, and Neteller are the three most popular e-wallets.
• Prepaid cards. Anonymous and instant, prepaid cards charge up to 5-7% of the transaction amount, so you might only want to use prepaid cards and vouchers if you have no other private banking methods at hand.

The payment routine itself is just the same as with any other cryptocurrency: first, you buy Zcash on an exchange: Binance, Kucoin, Coinbase – there are hundreds of exchange where you can purchase Zcash with USD; second, you register with your gambling platform and get your deposit address for Zcash in an online casino; finally, you confirm your transaction in your Zcash wallet or maybe even on an exchange if your casino allows payments from exchanges. Note that only if you pay from an e-wallet you can take advantage of z-addresses to make the transaction private, whereas all exchanges use t-addresses for payments.

Getting Started With Zcash

To get started with Zcash, first of all, you have to register with one of the exchanges where you can buy it, as well as with one of the wallets to store Zcash (some e-wallets will also offer you to buy crypto directly in the e-wallet interface). When choosing your e-wallet, pay attention to the following:

• Storage of private keys. The gist of having an e-wallet is to get the private key that you can store elsewhere (either electronically or physically) for safe access to your funds whenever you like and even if you forgot the password.
• Development. All leading e-wallets constantly release updates to improve security and UX.
• UX. Speaking of UX, an e-wallet of your choice must be intuitive. Ideally, it should guide you through the transaction process so that you have all the payment steps described in detail.

Pretty good wallets to store your Zcash coins and use them for deposits to your casino with Zcash are Trezoz, Ledger Nano S, Coinpayments, Coinomi, Jaxx, or an official Zcash client (the official version can only be used on Linux).

Zcash Casino Deposits

To fund your balance in an online casino with a Zcash deposit,

1. Choose a reliable casino. A largely overlooked yet super-important first step is to pick a trustworthy gambling platform. There are tons of online casinos with crypto payments, but not all of them are worth your attention. In this regard, there are two ways to go: do your own research (time-consuming and painstaking) or take advantage of our ready-made list of Zcash casinos.
2. Sign up for the casino and pass the verification process. Most casinos will allow you to deposit even without passing the verification process, but very few of them will allow you to withdraw your winnings while being anonymous. Therefore, check whether the verification is obligatory for withdrawals and proceed from this. In our list of Zcash casinos, you can find a few casinos that enable withdrawals for unverified users.
3. Proceed to the Banking Page and complete your deposit. On the Banking webpage, you will be given a deposit address, an array of random letters and numbers. Keep in mind that private addresses begin with a ‘z,’ whereas public ones begin with a ‘t.’ Copy the address to the clipboard, paste in the corresponding field of your Zcash wallet, and complete the payment. The money will arrive in your casino account within minutes.

Zcash Casino Withdrawals

If you have winnings in Zcash in a mobile casino or classic casino, you can withdraw them at any time as long as:

• You’ve completed the wagering requirements. If you played with bonus money or free spins, make sure you’ve completed the playthrough requirement and all other requirements set by the casino.
• You have enough money in your account. Casinos establish the minimum and sometimes also the maximum withdrawal amount. The minimum withdrawal amount is usually $10 or $20, but it also depends on the chosen payment method. Big winnings are sometimes paid in several installments.

As long as you comply with a) and b), you can withdraw your Zcash:

1. Copy the receiving Zcash address from your e-wallet. In no case copy the address manually – do it automatically via the respective button in your e-wallet.
2. Navigate to the casino Banking webpage and choose Zcash. On the banking webpage, you’ll be offered to select between different withdrawal methods. Choose Zcash.
3. Paste your withdrawal address, specify the withdrawal amount, and submit the withdrawal request. Once you’ve requested the withdrawal, it may take up to several days to get your money since most casinos take some pending time to verify your withdrawal.