Questions tagged [xmr]

CryptoMystic Fri Jun 14 2024 | 6 answers 1466

Could you please clarify for me the maximum supply of Monero XMR? I'm trying to understand the economics behind this cryptocurrency and how its scarcity might affect its value in the long run. Is there a finite number of XMR coins that can be mined, or is it unlimited? If there's a cap, what is it? And how does this cap, if it exists, factor into the overall supply and demand dynamics of the Monero market? Your insights would be greatly appreciated.

ThunderBreezeHarmony Fri Jun 14 2024 | 7 answers 1882

Could you please clarify, is it possible for me to receive Monero, or XMR, as it's commonly known, on the Coinbase platform? I've been hearing about the privacy features of Monero and am interested in exploring it, but I'm not sure if Coinbase supports it. If not, could you recommend any other reliable cryptocurrency exchanges or wallets that do support XMR? Additionally, I'd like to know if there are any specific steps or considerations I should take when dealing with Monero, given its unique characteristics compared to other cryptocurrencies. Thank you for your assistance in this matter.

CryptoVisionary Fri Jun 14 2024 | 5 answers 801

Could you please explain to me why I'm unable to purchase XMR on the Coinbase platform? I've been interested in adding Monero to my crypto portfolio, but I've noticed that it's not listed as an available asset on the exchange. Is there a specific reason behind this? Is it due to regulatory concerns, technical limitations, or perhaps something else? I'd appreciate it if you could clarify this matter for me. Additionally, could you suggest any alternative platforms or methods that I could use to acquire XMR? Thank you for your assistance.

KimonoGlory Fri Jun 14 2024 | 5 answers 1163

Could you please enlighten me on the various wallets capable of securely storing XMR? I'm particularly interested in wallets that offer robust security features and ease of use. Are there any specific wallets you would recommend for beginners in the cryptocurrency world? Additionally, I'd like to know if there are any wallets that integrate with other crypto assets, allowing for a more diverse portfolio management. Your insights would be greatly appreciated as I embark on this journey of exploring Monero and its associated wallets.

ZenMindful Fri Jun 14 2024 | 7 answers 1068

Excuse me, I'm a bit new to the world of cryptocurrency and I'm trying to understand the process of purchasing XMR on Binance. Could you please elaborate on the steps involved? I'm interested in knowing how to register an account on Binance, deposit funds, and then specifically how to navigate to the section where I can buy XMR. Also, are there any fees or commissions involved in the transaction? Additionally, I'd like to know if there are any security measures I should take while performing this transaction to ensure the safety of my funds. Thank you for your assistance.