MetaRyuk

joined 11 months ago
-2
submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]
 

I was researching on ways to store XMR and i came across this. Wondering if this is legit and if anyone here is using it. Reliable? https://www.amazon.com/Monero-Cold-Storage-Wallet-Securely/dp/B08M9HZWDJ/?th=1

[–] [email protected] 1 points 11 months ago

"Bow before Zodd"

[–] [email protected] 4 points 11 months ago (1 children)

I was studying privacy coins and ZCash and Monero came into the picture. Read about the pros and cons of both and realized that there is a whole company, shareholders behind ZCash. Monero on the other hand is not. Also, Monero is privacy by standard and default whilst ZCash is privacy by option. So i gotta give it to Monero on this. Also, I'm a researcher and participant of the web3 ecosystem first, investor last. Thanks for the warm welcome!

[–] [email protected] 2 points 11 months ago

thanks for sharing this! bookmarked!

[–] [email protected] 2 points 11 months ago (1 children)

It's not a straight forward process based on my experience (im not a highly technical user and not a dev). I haven't seen any DEX offering to swap tokens to MOnero given that most DEXs are not on Monero chain. And many CEXs are also not offering Monero due to regulatory issue. There are some CEXs you can use such as MEXC and TraderOgre using USDT and BTC as XMR's pair. I'm not aware that you will be flagged for buying XMR in huge quantity..which platform would flag that if you dont mind me asking.

 

Just started to research more into Monero recently. I was one of the people who used to think Monero was a "bad guy" thanks to the way tech journalists and mainstream media report and portrays it. After making a point to read about it and took the time to research, test and experience it. Monero seems to be the only crypto and chain that fully aligns with the ethos of Satoshi Nakamoto!