How to exchange ATOM for ZEC safely and at a good rate
Exchanging ATOM for ZEC is useful when you rebalance a portfolio or want to move from one network to another without buying stablecoins in between. At ROVEN exchange the coins are swapped directly, and the rate is locked when you create the order.
Cosmos (ATOM) is the coin of the Cosmos Hub, the centre of an ecosystem of interconnected blockchains. Zcash (ZEC) is a cryptocurrency with optional privacy based on zero-knowledge proofs.
Why swap ATOM for ZEC
Shifting between ATOM and ZEC is a normal part of managing a portfolio: you change your exposure without cashing out to fiat. Zcash supports private transfers, but swaps use transparent addresses.
Networks and addresses
| You send ATOM | You receive ZEC | |
|---|---|---|
| Network | Cosmos Hub | Zcash |
| Address | “cosmos1…” | “t1…” or “t3…” |
| Network speed | a block comes every 6 seconds | a block comes roughly every 75 seconds |
| Memo / tag | Required, from the order | Not needed |
What to watch out for
- When sending ATOM, paste the memo from the order; staked coins take 21 days to unbond.
- You need a transparent “t1…” or “t3…” address; “zs…” and “u1…” addresses won’t work.
- When sending ATOM, include the memo from the order, or the payment will have to be traced manually.
- The rate is locked for 30 minutes: send ATOM within that time and you’ll receive exactly the amount shown in the order.
How long the swap takes
Swap speed depends on both networks. On Cosmos Hub, a block comes every 6 seconds; on Zcash, a block comes roughly every 75 seconds. The whole ATOM to ZEC swap usually takes 5 to 30 minutes once your transfer is confirmed.
Right now ROVEN exchange swaps ATOM for ZEC at 1 ZEC = 766.344294 ATOM, with a minimum of 12.5 ATOM. Fill in the form above: no sign-up is needed, and you can track the order status online.
