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What is a Zcash coin?

  • Zcash was designed as a decentralized, open-source cryptocurrency providing confidentiality and security to users' financial histories. Since ZEC is built on Bitcoins original codebase, transactions can be validated quickly and efficiently on the Zcash network.

What is an ZEC Loan?

  • A Zcash loan is the loan borrowed against Zcash cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Zcash to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit ZEC lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.

Learn more about Zcash Loans

Crypto Loans: Tips and TricksWhat’s Crypto Collateral? How Collateral Works?What types of crypto loans are there and how can I profit from it?

FAQ

What is Zcash used for?IconPlus
Zcash is currently used for moving value on ZEC's L1 network.Moreover, Zcash is eye-catching for its ability to move funds privately and keep personal financial information hidden using native ZEC tokens.
Why should you consider an ZEC loan?IconPlus
According to the Zcash crypto potential growth the cryptocurrency believers can use ZEC loans for the long-term and short-term periods. The main straights of the Zcash coin:
- With Zcash, users and their transactions can rely on confidentiality and true anonymity;
- Zcash lets users send transactions through the network easily and with low fees.
How does Zcash loan work?IconPlus
Zcash lending is a service that issues loans with Zcash cryptocurrency collateral for a yearly interest. The interest can vary from 10% up to 18% and more. There is no credit history and no credit checks — the only way you prove your credibility is the collateral you’re ready to provide. It will be temporarily stored in a lending service making sure you will repay your Zcash loan.
How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus
Usually, getting an instant ZEC loan takes no longer than 10 minutes. Since there are no credit checks, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your Zcash transaction.The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.
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