Cryptocurrency Q&A
Is Monero no longer on Binance?
Is Monero no longer on Binance?
DongdaemunTrendsetterStyleIcon
Thu May 23 2024
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5 answers
981
Could you please clarify for me, is the cryptocurrency Monero currently unavailable on the Binance platform? I've been hearing rumors that it might have been delisted. If it has indeed been removed, could you enlighten me on the reasons behind this decision? Has Binance stopped supporting Monero due to regulatory concerns, technical issues, or perhaps some other factors? I'm quite interested in understanding the circumstances surrounding this matter, as Monero has always been one of my preferred coins for its privacy-enhancing features. Thank you for your assistance in clarifying this matter.
5 answers
Federica
Sat May 25 2024
Cryptocurrency enthusiasts were startled by the recent announcement from Binance, the global leader in digital asset exchanges. The move, which sent ripples through the crypto community, signaled a significant shift in the exchange's policy towards privacy coins.
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CryptoQueen
Fri May 24 2024
In February 2024, Binance took the bold step of delisting Monero (XMR), a popular privacy-focused cryptocurrency. This decision, which came without prior warning, sent shockwaves through the ranks of XMR supporters and privacy advocates.
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CryptoMagician
Fri May 24 2024
The delisting of Monero by Binance was not an isolated incident. Other major exchanges, such as OKX, had also taken similar actions, delisting other privacy-oriented coins. These moves collectively painted a bleak picture for the future prospects of privacy coins.
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KpopStarlight
Fri May 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services catering to the needs of crypto enthusiasts. Its offerings include spot trading, futures trading, and a secure wallet solution, providing users with a one-stop shop for their crypto needs.
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Carlo
Fri May 24 2024
Despite the challenges faced by privacy coins, BTCC remains committed to providing its users with a diverse range of digital assets to trade and invest in. Its platform supports a wide array of cryptocurrencies, including those with privacy-enhancing features.
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