Elena
Thu May 23 2024
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6 answers
1519
How to transfer XMR to bank account?
Could you kindly elaborate on the process of converting and transferring XMR to a bank account? I'm interested in understanding the steps involved, any potential fees or taxes that may apply, and any safety measures I should take. Additionally, would you be able to provide any insights on the time it usually takes for the funds to reach my bank account? I'm also curious about any platforms or services you recommend for this transaction. Thank you in advance for your assistance.
Matteo
Thu May 23 2024
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6 answers
858
Why did Binance remove XMR?
Could you possibly shed some light on a question that has piqued my interest? Recently, I've noticed that Binance has removed XMR from its platform. Could you elaborate on the reasons behind this decision? Did Binance encounter any regulatory issues or security concerns surrounding XMR? Was it a matter of compliance with certain jurisdictions? Or perhaps, did Binance prioritize other cryptocurrencies over XMR for strategic reasons? I'm curious to understand the rationale behind this move and how it might impact the cryptocurrency ecosystem at large. Thank you for your insights.
KpopHarmonySoul
Thu May 23 2024
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5 answers
1238
Who owns XMR?
Who owns XMR? This question has always hovered over the minds of many crypto enthusiasts. After all, Monero, or XMR, is renowned for its privacy-oriented features, allowing transactions to remain shrouded in secrecy. So, who holds the reins of this shadowy cryptocurrency? Is it a centralized entity? An anonymous collective? Or does it belong to millions of individuals worldwide? Exploring the ownership structure of XMR isn't as straightforward as with other cryptocurrencies. The decentralized nature of Monero means there's no single owner or authority controlling it. Instead, it's the collective ownership of all those who hold XMR in their wallets. But this doesn't mean we can't delve deeper. Who mines XMR? Who trades it? Who uses it for transactions? These are questions that can give us insights into the broader Monero ecosystem. So, who owns XMR? In essence, it belongs to anyone who chooses to hold it. But understanding its ownership goes beyond just that. It's about exploring the network of miners, traders, and users that make up the vibrant Monero community. But this brings us to another question: with such strong privacy features, how can we even begin to understand this ownership structure? That's a discussion for another day, perhaps. But for now, let's just appreciate the mystery and intrigue that surrounds the ownership of XMR.
Lorenzo
Thu May 23 2024
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7 answers
1469
How long is XMR pending?
Could you please clarify, how long does the pending status of XMR typically last? I'm interested in understanding the expected timeframe for the completion of this transaction. Is there a general range or an average waiting time that one can anticipate? Also, are there any factors that might influence the duration of this pending period? I'd appreciate any information you can provide to help me better understand the status of my XMR transaction.
Caterina
Thu May 23 2024
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5 answers
909
Why is Binance removing XMR?
Could you please elaborate on the reasons behind Binance's decision to delist Monero (XMR)? It seems to be a rather significant move given the popularity and established position of XMR in the cryptocurrency market. Is there a specific regulatory directive or security concern that has prompted this action? Additionally, how will this affect the traders and investors who have been utilizing Binance as a platform to trade XMR? Is there any alternative exchange that they can turn to for trading Monero? Finally, what does this removal signify for the future of Binance and its relationship with privacy-oriented cryptocurrencies in general?
