Laptopmag, a popular website that review and compare the latest laptops and tablets recently described Monero as the best cryptocurrency for privacy and confidentiality to buy in 2021.
Laptopmag published the article “The best cryptocurrencies of 2021 by utility“. Only six crypto projects were included in the article, including Ethereum (ETH), Monro (XMR), VeChain (VET), Polkadot (DOT), Cardano (ADA), and AAVE (LEND).
The article clearly indicates the unique reasons why they shortlisted these projects than others. In this regard, Laptopmag characterized Monero (XMR) as the best cryptocurrency for privacy and confidentiality.
The Article Writes:
Monero is the cryptocurrency you’d purchase for high-level privacy and anonymity. Bitcoin and Ethereum have transparent blockchains: transactions can be traced and linked to real-world identities.
Monero, on the other hand, has an opaque blockchain; recipients won’t know who you are or how you received your money because Monero uses privacy-enhancing technologies to ensure anonymity.Â
Monero boasts that it offers fast electronic cash: there are no multi-day holding periods, check-clearing fees or other impediments. Monero is also decentralized, so users don’t have to worry about a single controlling authority overseeing their transactions. There’s always a demand for private, anonymous currency, so Monero is an eye-catching investment.Â
However, there is a downside; it’s often delisted from exchanges. Bittrex is the most recent platform to delist Monero to the curb.”
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
