Zcash (ZEC) Wallet

Access or download the Magnum Wallet app with Zcash (ZEC) support. Magnum is an ultimate crypto wallet supporting more than 60 different blockchains, providing advanced features such as passive income, built-in exchange, hardware wallets support, etc. In Magnum, you have full control over your private keys.
Wallet Features
Claim Airdrops
The easiest way to catch up
on missed airdrops and forks
Manage Coins
Send, receive and exchange
your crypto assets
Instant Exchange
Swiftly exchange your coins
and tokens at low rates
Magnum does not have any access
to your private keys
Truly Light
None of your personal information is
saved in the wallet at any time

ZCash – Pioneer in Anonymity on the Blockchain

What is ZCash?

Zcash is a decentralized cryptocurrency that was started as a fork of Bitcoin by Zooko Wilcox-O’Hearn and his team in 2016. It is based on the Zerocash protocol developed by American and Israeli scientists and aims to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin.

Strong Privacy Features

Two types of addresses are used for transactions in Zcash: a “t-address”, which is “transparent” and similar to a Bitcoin address, and a “z-address”, that is fully private and allows its users to shield a transaction from being visible to third parties in the blockchain. The latter is achieved by implementing zk-SNARKs, a protocol that uses non-interactive zero-knowledge proofs. It allows one party to prove to another that a certain statement is true, without revealing any information besides whether the statement is valid or not. This protocol ensures that the transaction’s contents remain anonymous despite the fact that it is publicly visible on a decentralized ledger.

ZCash vs Bitcoin

Not only does ZCash have superior security features, it also puts an emphasis on having a Proof-of-Work (PoW) system that wouldn’t benefit ASIC miners equipped with cost-effective custom hardware. Instead, ZCash uses Equihash, a memory-oriented protocol with very efficient verification. This brings it much closer to Satoshi Nakamoto’s original idea of “one-CPU-one-vote”. At the same time, similar to Bitcoin ZCash has had a great impact on the industry in general, with many projects employing the same or similar implementation of zk-SNARKs in their own cryptocurrencies such as Komodo, Bitcoin Private, and even Tron.

Where to store ZCash?

Choosing a good wallet for storing your cryptocurrencies is the best way to secure your digital assets. Magnum Wallet lets you manage your ZEC in a user-friendly interface with a built-in exchange. Your data is kept safe in the Magnum Wallet, as no one but you has access to your private keys, and no personal information is collected in the process.


Create Zcash Wallet