Zcash is an altcoin that joined the cryptocurrency race in 2017. It operates on the blockchain and provides users with the option to make anonymous casino transactions online. Our team has gathered the best Zcash casinos accepting Australian punters below, while also sourcing you with details on this crypto coin.
How Zcash Online Casinos Work
The banking process at online casinos doesn’t differ much based on the method you are using. It’s the same story with Zcash. The important thing is understanding the inner workings of each method to find the best one for your needs. We’ll take these aspects in turn.
ZeroCash was the initial name of Zcash, introduced as an alternative to Bitcoin with completely anonymous transactions. Each user has the perk of choosing whether they want to share their details with the recipients or not.
It works on the blockchain, which means that it is also secure and safe for payments. One aspect where Zcash is different from other banking methods is its centralized nature. The owners of Zcash suggest that this doesn’t affect users, but we’ll discover that in the future.
Future plans see Zcash collaborating and running on the Ethereum blockchain, which would massively boost its value.
Zcash Casino Payments
Cryptocurrencies are widely used in Australian online casinos because most gambling-related eWallets are not operational Down Under anymore. The good news is that any legit cryptocurrency will allow you to make instant casino deposits and withdrawals without any fees.
Security and safety are not an issue, since Zcash runs on a public blockchain network. There is also the added benefit of anonymity which many gamblers prefer.
Actual payments can be made as soon as you have some Zcash tokens. You can buy and store them on any decent crypto exchange like Cash App, Kraken, Binance, etc.
From there, you can register at any recommended Zcash online casino and visit the banking section to submit the deposit/withdrawal amount and your wallet address to confirm the payment.
Zcash Casino Bonuses and Games
Cryptocurrencies like Zcash come with some unique benefits to fiat payment systems. Firstly, you can redeem higher bonuses and daily crypto cashback offers. Such bonuses are unavailable if you are gambling with your Maestro or Visa card.
Bonuses aside, crypto casinos and Zcash gambling sites are packed with provably fair games. Such titles are secured by real-time verification on the blockchain network, allowing developers to come up with original titles outside slots and table games. To get a taste, check out Zcash casino games like Mines, Heads & Tails, Stairs, and Plinko.
Zcash is an alternative cryptocurrency with some unique features. Centralized nature and complete anonymity. If you value these features, then you should consider Zcash online casinos as an alternative to LTC, BTC, ETH, or USDT gambling sites.