Lightning cryptocurrency exchange

Send
 
Receive
 
Destination
Invalid address
Destination Tag (optional)
Invalid
Order type
?What is the difference?
By using the site and creating an exchange, you agree to the FixedFloat's Terms of Services and Privacy Policy

Exchange USDT (ERC-20) to Zcash

Exchange in 3 steps

  1. Enter the desired amount of Tether (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 Tether (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 USDT are needed to complete the exchange
­Do not send USDT through a third party contract! Such transactions are not automatically processed. We accept transactions from the original USDT contract
­Please send the transaction only on the Ethereum network. If the coins are sent on another network, the order will not be completed automatically

Brief Information on USDT (ERC-20)

Tether (USDT) was created by Tether Limited in 2014. The developers were able to qualitatively implement a curious idea — to combine a real-life currency and blockchain technology. As a result, the USDT stablecoin appeared — its rate is almost always equal to 1 US dollar.

In 2018, USDT was released on the Ethereum blockchain using the ERC-20 protocol. This made Tether compatible with decentralized apps, dramatically increased transaction speed, and dramatically reduced fees. At this time, Tether on the ETH blockchain is the most popular among users.

USDT smart contract

Do not submit USDT through a third party contract. Our exchanger does not accept transactions that are sent by third party smart contracts, except for the original USDT 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.