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Exchange TrueUSD to Zcash

Exchange in 3 steps

  1. Enter the desired amount of TrueUSD (ERC20) and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send TrueUSD (ERC20) to the address from your order, after the required network confirmation, Zcash will be sent instantly.

What do you need to know?

­Only 4 confirmations of the TUSD are needed to complete the exchange
­Do not send TUSD through a third party contract! Such transactions are not automatically processed. We accept transactions from the original TUSD contract

What is TrueUSD?

TrueUSD is a stablecoin based on the Ethereum blockchain (ERC-20 protocol). It was released in March 2018 by TrustToken. She is known for creating digital analogues of real assets that can be traded on exchanges. TrueUSD is backed 100% by the dollar at a 1:1 ratio.

TUSD smart contract

Do not send TUSD through a third party contract. Our exchanger only accepts transactions from the original TUSD contract.

Network fee

To work with tokens, the wallet must have ETH. It is very difficult to calculate the exact amount of ETH to send a transaction. During periods of high load, it can change significantly. Each token can have a different transaction value. Therefore, it is better that the amount of ETH on the wallet is slightly higher than the average fee on the network at the moment. The average commission can be estimated using the Blockchair analytical service.

The system does not see the transaction, what should I do?

If you have sent funds, but there are no changes, check your transaction in an explorer (etherscan.io or blockchair.com) and make sure that the transaction was created.

If the transaction has already been added to the blockchain, and the system has not seen it, contact technical support, we will be able to help you promptly.

Zcash — the first truly anonymous cryptocurrency

Zcash — a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymization. Since the Zero-Knowledge protocol is used, the blockchain does not get full open transaction information.

Address Types

There are 2 types of addresses: a z-address, which is protected by a zero-disclosure proof protocol and is anonymous, and a t-address, which is public. Today 95% of ZEC addresses are open.

Transaction processing speed on the Zcash blockchain

ZEC is a relatively fast blockchain. The average formation time of a new block is approximately 2.5 minutes, which is several times faster than Bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, reducing the complexity of mining. This will reduce the time to confirm one transaction to 1-5 minutes.

Zcash network fee

Cryptocurrency Zcash gained great popularity not only due to anonymity. Many users rated the extremely low fee on transfers. For example, for 2019, it did not exceed $0.0007, and the average figure was in the range of $0.0001.