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You can now buy Monero, which added a fifth to its value: here’s where

Of all privacy coins, Monero is rallying the most. It is believed that sanctions… The post You can now buy Monero, which added a fifth to...

Of all privacy coins, Monero is rallying the most. It is believed that sanctions against Russia will lead to more cybercrime, and tokens like Monero are becoming more popular because hackers are likely to demand payments in them.

This article has everything you need to know about Monero, including if it’s worth buying and the best places to buy Monero now.   

Top places to buy Monero now

FP Markets

FP Markets combines metals, indices connectivity and award-winning execution speed with institutional-grade liquidity to provide traders consistently tighter spreads and unparalleled trading conditions. FP Markets offers Forex, Equities, Commodities, Cryptocurrency, Futures and Index CFDs all from one account.


Buy XMR with FP Markets today


Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.


Buy XMR with Binance today

What is Monero?

Monero is a token with a focus on privacy and anonymity, which was established in 2014. According to its creators, privacy and security are their top priority. Efficiency and ease of use come second. 

The ecosystem also aims to provide all users with protection, even those without a technical background.

Monero’s price increase also coincides with the price movement of other assets, like stocks. Dow Jones and Nasdaq 100 futures rose Wednesday morning as the Ukrainian president said that he was ready to compromise on NATO membership and the breakaway regions.

Should I buy Monero today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

Monero price prediction

Wallet Investor makes a positive prediction. They expect the Monero price to go up from $196.26 to $247.74 in one year. This comes to an earning potential of +26.23% in one year.

In five years, they predict 1 XMR will trade for $609, more than three times its current price.    

Monero on social media

What happened to $XMR on the #Binance exchange? It touched $278…!#Monero pic.twitter.com/2stEEpPPqQ

— Mihir (@RhythmicAnalyst) March 8, 2022

The post You can now buy Monero, which added a fifth to its value: here’s where appeared first on Coin Journal.

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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