MONERO

ABOUT MONERO

What is Monero?

Monero is an open-source blockchain-based cryptocurrency that is focused on privacy. It was launched in 2014.

Why trading Monero?

There are a number of reasons why Monero is popular with traders. Some of them are as follows:

  • Monero was designed with privacy in mind.
  • It is decentralised and therefore not affected by political unrest.
  • It is likely to become more relevant, along with other cryptos, as societies move away from cash and towards electronic payments.
  • Monero transactions are more secure than transactions made with credit or debit cards.
ABOUT MONERO

What we offer?

Nascent Assets will advise you on the know-how of Monero trading. You will be guided through the steps taken in buying Monero, managing your capital and giving you an idea of how much should you choose to trade. Contact us if you would like to receive more information.

What are the risks in Monero trading?

As with all cryptos, trading in Monero involves risk. Inexperienced traders should always seek the guidance of experts before trading in any crypto. Some of the risks associated with trading in Monero are as follows:

  • The price is volatile, meaning you could lose money if you trade at the wrong time.
  • Digital currency exchanges can be hacked.
  • If the government of a major economy decides to ban or impose tough regulations on cryptos, the price will be adversely affected.
  • The long-term value of Monero depends on how widely blockchain technology is used.
  • Monero could be rendered obsolete in the future if a superior technology emerges.

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