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Monero Coin

News

All the latest news about Monero Coin

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EU Report Criticizes Privacy Coins and Mixers

In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts.

 Nikolas Sargeant

Binance Faces Community Backlash After Controversial Monero Delisting

Binance's decision to delist Monero (XMR) triggers price drop and criticism amid claims of succumbing to regulatory pressure.

 Nikolas Sargeant

Bitcoin Stays Above $27,500 As The Market Stabilizes

Bitcoin has maintained its price above the $27k level as the broader cryptocurrency market stabilizes.

 Hassan Maishera

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Monero Coin

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PrimeXBT

N/A
4.31 based on 2453 votes

SimpleSwap

N/A
3.92 based on 333 votes

KuCoin

N/A
3.89 based on 1113 votes

Spend

Want to leave your cash at home? These cards support Monero Coin.

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Nexo Card

3.27 based on 362 votes

Cryptopay

3.08 based on 213 votes

Uquid Card

2.85 based on 257 votes

Shop

So you've made a little Monero Coin and now you want to spend it? These are the places to do it!

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BC.Game

4.71 based on 7 votes

CryptoGames

4.46 based on 13 votes

1xBit

4.39 based on 18 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Monero Coin.

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YouHodler

3.94 based on 49 votes

Ledger Nano X

3.88 based on 50 votes

Ledger Nano S

3.79 based on 190 votes

Review

Learn more about Monero Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Monero Coin.

Monero currently has the position as one of the primary cryptocurrencies for users seeking anonymity. Its market symbol is XMR. Since its launch in 2014, it has steadily but definitely progressed to become one of the foremost cryptocurrencies. Its developers and the community surrounding the cryptocurrency have mainly focused on optimizing Monero’s code to guarantee a high level of privacy.

As a result, they have paid less attention to aesthetic factors. Other cryptocurrencies (such as DASH) have worked more on aesthetic factors and seems more enjoyable from that perspective. Yet all along, numerous experts have passionately shown a high regard for it.

Monero has gained a solid reputation for reliability. The blockchain of Bitcoin and most other digital currencies are typical ‘public ledgers.’ Monero’s ledger, however, is not (thereby guaranteeing the anonymity).

Bitcoin’s ledger makes it possible to connect a user with a particular BTC-address. Similarly, tracking down his or her transactions is possible. While it does not yet provide complete secrecy, Monero’s default privacy level is well beyond what can be achieved in Bitcoin. This has also made it a practical alternative for all types of Darknet trading, as well as other privacy-oriented usages.

In addition, Monero offers a range of services to its users. You can use it to conduct monetary transactions online. This includes buying goods or services. Alternatively, you can of course also use it to trade other digital currencies at many cryptocurrency exchanges. Lastly, you can mine it, and its algorithm has been particularly designed to uphold the feasibility of CPU mining.

The team behind Monero includes Vladimir Van Der Laan, the maintainer of Bitcoin core. It also includes Peter Todd, a well-known cryptographer and Bitcoin contributor.

As stated earlier, this cryptocurrency’s major advantage is facilitating for unparalleled user secrecy. It incorporates a number of very complicated and difficult cryptographic procedures. That allows it to bring about an outstanding level of privacy.

Address re-usage is one of the most widespread privacy concerns that many digital currencies, including Bitcoin, regularly cope with. When you receive multiple payments via one address, anybody who knows this address can simply monitor its balance.

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