Monero was launched in 2014 to make anonymous cross-border transactions without a central authority. It helps to disguise the senders’ and receivers’ information and amounts related to transactions. However, it follows an egalitarian approach in the community for supporting and developing the virtual currency and network. It does not have a fixed coin supply like Bitcoin, so many investors are not investing for long-term capital gain. The users will buy XMR for transactions and for…
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