Deposit Zcash & Trade Forex with ZEC
Fund your XBTFX account with native Zcash, open an MT5 account in ZEC, and trade forex, metals, indices, energies, share CFDs and crypto from a Zcash balance.
- Native ZEC on the Zcash mainnet
- No XBTFX fees on ZEC deposits and withdrawals
- ZEC account currency on MT5, with P&L in Zcash
- About 75 seconds per block
- Transparent (t-addr) deposits
- Withdrawals processed within 24 hours on business days
- Zcash network
- Mainnet
- XBTFX fees
- $0
- Block time
- ~75s
- MT5 account currency
- ZEC
Zcash Deposit at XBTFX
Native ZEC on the Zcash mainnet, sent from a transparent (t-addr) address.
- Network
- Zcash mainnet
- Address type
- Transparent (t-addr). Shielded (z-addr) sends are not credited automatically
- Asset format
- Native ZEC only. No wrapped ZEC on Ethereum, BSC or other chains
- Minimum deposit
- Shown in the portal before you send
- XBTFX deposit fee
- None
- Network fee
- Set by the wallet you send from, typically a fraction of a cent
- Block time
- About 75 seconds
- Crediting
- Automatic after the required confirmations
- Withdrawal processing
- Within 24 hours on business days
- MT5 account currency
- Yes, ZEC accounts on Pro and Standard
Send native ZEC from a transparent (t-addr) address to the address shown in the XBTFX portal. Shielded (z-addr) sends and ZEC on other chains are not credited automatically and may be lost.
What is Zcash (ZEC)?
Launched in 2016, Zcash is a proof-of-work cryptocurrency with the same 21 million supply cap as Bitcoin, plus optional zero-knowledge cryptography (zk-SNARKs) for private, shielded transactions. At XBTFX, ZEC is both a deposit asset and an MT5 account currency, and deposits use transparent addresses.
ZEC account currency
Trade Forex with Zcash as your settlement currency
Open an MT5 account in ZEC and every position you take, from EUR/USD and XAU/USD to the Nasdaq 100, share CFDs and other crypto CFDs, settles its P&L in ZEC. Your balance stays in ZEC, and you can offset ZEC exposure with a short ZEC/USD CFD on the same account.
Stack in ZEC, not dollars
Your equity grows or shrinks in ZEC. ZEC is your benchmark; fiat is one of the things you trade against.
No conversion on the way in or out
Deposit ZEC, trade in ZEC and withdraw ZEC, with no forced USD conversion when you fund or withdraw.
Scarce supply, proof of work
A 21 million supply cap on the same proof-of-work foundations as Bitcoin, with optional shielded transactions on-chain.
How to deposit ZEC
From sign-up to your first trade in three steps.
-
Open an account
Register in the XBTFX portal and verify your identity.
-
Get your ZEC address
In the portal, choose Deposit, then Crypto deposit. Send it to your XBTFX balance or straight to a trading account, pick ZEC and its network, then copy the address.
-
Send and trade
Send ZEC on the same network. After the confirmations shown in the portal, it arrives in your balance, or in your trading account converted to the account's currency.
Need another currency? Convert swaps one balance for another in the portal. You see the rate and the fee before you confirm, and the result is credited at once.
How to withdraw ZEC
Withdrawals are paid from your XBTFX balance, so move funds back from a trading account first. In the portal, choose Withdraw, pick the balance and the amount, then Crypto withdrawal with ZEC and its network.
Check the receiving address and network before you confirm. Requests are processed within 24 hours on business days, and network fees apply. For extra safety, save trusted addresses and switch on Approved addresses only.
Read the withdrawal guideZEC Deposit Questions
Common questions about depositing Zcash (ZEC) and trading forex with a ZEC account at XBTFX.
Can I deposit Zcash and trade forex on XBTFX?
What kind of Zcash address should I use?
Which Zcash network does XBTFX support?
How fast are ZEC deposits credited?
Is there a fee to deposit ZEC to my XBTFX account?
Can I open a ZEC trading account?
Why trade with a Zcash account?
Does XBTFX charge for ZEC withdrawals?
Important Information
- XBTFX accepts only native ZEC on the Zcash mainnet, sent from a transparent (t-addr) address. Shielded (z-addr) sends are not credited automatically.
- Wrapped ZEC on Ethereum, BSC or other chains is not supported and may be lost.
- XBTFX charges no ZEC deposit or withdrawal fees. Zcash network fees apply.
- Withdrawal requests are processed within 24 hours on business days.
- ZEC is a volatile asset. A ZEC trading account exposes your equity to ZEC price moves on top of your trading P&L.
Risk Warning
Trading in leveraged products carries a high level of risk and may not be suitable for all investors. Crypto assets are highly volatile. Please read our Risk Disclosure Notice.
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Open your XBTFX account and trade in minutes. Fund it in crypto or fiat.