Zcash (ZEC) is a privacy focused coin originally forked from the Bitcoin blockchain. To manage and store your Zcash you will need a cryptocurrency wallet. In this article we review the best ZEC wallets looking at both hardware, mobile and desktop wallets.
Best Zcash (ZEC) Wallets
The above table shows the available cryptocurrency wallets for Zcash we have collected all the key info you would wish to make a decision on such as the type of wallet, ease of use, number of supported coins and if the private key is held by yourself or a third party. You can find a similar wallet comparison for any coin or token you wish using our cryptocurrency wallet finder tool.
Not sure which wallet type is best for you? Check out our guide to the different types of Cryptocurrency wallets.
Ledger Nano S
Getting hold of a Ledger Nano S at the end of 2017 was almost impossible demonstrating the popularity of this wallet. The Ledger Nano S is one of the best known and most popular hardware wallets offering support not only for ZEC but many other cryptocurrencies.
The ledger Nano S physically appears like a USB stick small enough to hold in the palm of your hand. The key advantage of a Ledger Nano S is that your private keys are held within the device and never exposed. This means the wallet is a type of cold wallet keeping private keys separate from the internet and therefore offering the ultimate in security.
Ledger have recently launched a brand new software suite Ledger Live to manage the Nano which makes using it now simpler than ever. Ledger live allows you to receive multiple cryptocurrencies and manage the device from a single application.
In summary the leading hardware wallet for a reason easy to use, secure and wide coin / token support.
The Trezor is again one of the leading hardware wallets with an excellent reputation for security built up over a number of years. This hardware wallet never reveals your private keys and so can be considered an offline wallet keeping your keys safe from being stolen.
The Trezor is slightly larger than the Ledger Nano S but again connects via USB. The Trezor wallet software supports Windows, Linux, Mac and even Android devices. The wallet software has a clean look about it and is easy to use.
A large number of crypto assets are supported on the device so you can use it to manage multiple coins and tokens. The Trezor uses recovery phrases which ensures that if the device is lost your can recover the wallet and funds by entering the phrases into a new device.
A solid choice for anyone for whom security and ease of use are a priority.
If you are looking for a simple desktop based Zcash wallet you install onto your computer then Exodus may be the choice for you. There is good support for differing systems with the software being available for PC, Linux and Mac. The interface is super pretty and intuitive.
Being an established played Exodus supports a large number of tokens and continues to regularly add to their supported assets. Being installed on your desktop computer offers a simple and quick way to allow access to cryptocurrency for quick trades and spending. However this convenience needs to be offset against the increased risk of having your private keys on a machine directly connected to the internet. Crypto experts generally recommend keeping a small amount of crypto in hot wallets such as Exodus and more substantial amounts in hardware wallets.
Cononomi is an app that you install to your mobile device, it is available for both Android and Apple devices. Like Exodus the interface and user experience is super slick, this wallet would be easy to use even for a beginner.
Coinonomi claim to be the wallet supporting the greatest number of crypto assets on the market. They quote they can support 125 different blockchains and 382 tokens, interestingly you can also add any ERC20 token that is not already on the official support list yourself.
Mobile wallets offer the ultimate convenience allowing you to access your crypto anywhere you have your mobile device with you. Again a sensible approach to mobile wallets would be to keep a limited amount of funds in here for quick access.
One of the common features of blockchains is the public ledger displaying all transactions that have taken place. There are however times and situations where it would be advantageous to make transactions private. This is where Zcash comes into it’s own shielding transactions and their addresses from being visible on the blockchain.
Not all Zcash wallets support the full functionality of Zcash for example if you wish to use the shielded payments you will need to use the Zcash client. The Zcash client allows you to run a full node on the Zcash blockchain. The advantage of this is that you are contributing to maintaining the Zcash blockchain and will get access to all the native features. The client is however not for the inexperienced, it is only available in a Linux distribution and will require a level of confidence to setup plus of course will only support ZEC. In summary this allows the must fully fledged experience but is for the more experienced user.
We hope you found this guide to Zcash Wallets useful to find compatible wallets for any other crypto tokens use the wallet finder tool.