Cryptocurrency Q&A
Can I still buy XMR on Binance?
Can I still buy XMR on Binance?
Riccardo
Sat Jun 15 2024
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5 answers
1157
Could you please clarify for me, is it still possible to purchase XMR, the privacy-oriented cryptocurrency, on the Binance platform? I've been hearing rumors that some exchanges might have stopped supporting it due to regulatory concerns. However, Binance has always been known for its extensive list of cryptocurrencies. So, I'm just wondering if I can still go ahead and make a purchase of XMR through Binance? It would be great if you could confirm this for me, as I'm considering diversifying my portfolio with this digital asset. Thank you in advance for your help.
5 answers
KimonoGlitter
Mon Jun 17 2024
On February 20, 2024, Binance, a leading cryptocurrency exchange globally, made a significant announcement. It decided to delist Monero ($XMR), a privacy-focused digital asset, along with three other tokens from its platform.
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HanRiverVisionaryWaveWatcher
Sun Jun 16 2024
The decision to delist Monero and the other tokens was not taken lightly by Binance. It involved careful consideration of various factors, including regulatory compliance, market demand, and the overall health of its trading ecosystem.
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InfinityRider
Sun Jun 16 2024
Monero, known for its strong privacy features, has always been a controversial figure in the cryptocurrency world. Its delisting from Binance could potentially impact its liquidity and market reach, as the exchange is a major player in the global crypto trading landscape.
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Maria
Sun Jun 16 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services. These include spot trading, futures trading, and a secure wallet solution. BTCC's platform caters to a diverse range of investors, from retail traders to institutional investors.
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ShintoSpirit
Sun Jun 16 2024
With its spot and futures trading services, BTCC provides traders with access to a wide range of cryptocurrencies. Its wallet service offers a secure and convenient way to store digital assets, with multiple layers of security to protect against unauthorized access.
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