Advantages of Privacy
Some users are concerned that anonymity encourages users to indulge in illegal activities, while the actual concern is even bigger than that. Complete transparency makes thousands and millions of users vulnerable to dangerous hackers and malware attacks. The government especially is free to spy on all the information of the users, because it is readily available. With complete end to end encryption available on WhatsApp, you never want to go back to plain text messaging. Such is the case with Monero coin that provides anonymity so perfectly, that once the users are comfortable trading in it, they will never want to move to another cryptocurrency.
Buy Monero Coin
Monero has a wide support of many exchanges like Coinbase, Bittrex, Bitfinex, Binance etc. These exchanges not only support Monero coin, but they also allow the user to store it and imitate a Monero wallet. There are specific Monero wallets also available to store Monero coin for future usage. The most popular Monero coin wallet is - MyMonero, that is specific for Monero coins only. Monero coins are also easy to store in other offline cryptocurrency wallets like Jaxx and Electrum. They provide a private key to the user, which makes it easy to manage the wallet.
As per expert suggestions, Monero coins should not remain in any online Monero exchange for long time. Because the probability of attacks and vulnerability is high. Offline wallets are better, and if the user decides to invest in hardware wallet like - Trezor, KeepKey or Ledger Nano S, that is the best deal possible. Hardware wallets are like pen-drive, which come with complete instruction manual that helps user to transfer his Monero coins from online exchange to his hardware Monero wallet.
Monero has a long road ahead, and a lot of backing from some popular names because of which it is in high anticipation by the investors. Alt coins and Monero cryptocurrency will definitely witness a rising popularity in future, as the number of investors will grow. Monero coin price however, is difficult to predict for the future because of many factors that decide the value of any commodity. Demand and supply greatly influence any market, hence the true Monero value of or any other cryptocurrency value will also solely depend upon the public popularity.
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eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
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