Cryptocurrency Q&A
Why was XMR removed from Binance?
Why was XMR removed from Binance?
Carlo
Mon Jun 17 2024
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6 answers
1551
Could you please explain to me the reasons behind the removal of XMR from Binance? I'm quite puzzled by this decision, as XMR has always been a popular choice among cryptocurrency enthusiasts. Was it due to regulatory concerns? Or perhaps there were some technical issues that necessitated its removal? I'm also curious to know if this removal is permanent, or if there's a possibility of XMR being reinstated in the future? Could you shed some light on this matter? Thank you in advance for your clarification.
6 answers
EchoSolitude
Tue Jun 18 2024
Amidst this backdrop, BTCC, a leading UK-based cryptocurrency exchange, has been providing robust services to its users. Its suite of offerings includes spot trading, futures trading, and wallet services, catering to a diverse range of crypto enthusiasts.
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Raffaele
Tue Jun 18 2024
Privacy concerns and regulatory pressure have been looming over the cryptocurrency industry. Experts posit that Monero's distinctive privacy features might be a contributing factor to its removal from certain platforms.
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Eleonora
Tue Jun 18 2024
Monero's ability to cloak transactions has made it a popular choice among those seeking anonymity. However, this anonymity has also attracted unwanted attention, leading to speculation that it might be linked to illegal activities.
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CryptoLegend
Tue Jun 18 2024
BTCC's commitment to security and compliance has made it a trusted player in the industry. Its platform offers users a secure and convenient way to trade and store cryptocurrencies, including those with privacy-enhancing features like Monero.
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Michele
Tue Jun 18 2024
The cryptocurrency's privacy-enhancing features, such as ring signatures and stealth addresses, make tracing transactions challenging. This characteristic, while appealing to privacy-conscious users, has also raised eyebrows among regulators and law enforcement agencies.
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