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Laptop Mag Describes Monero (XMR) As The Best Cryptocurrency For Privacy and Confidentiality

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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 a privacy-centric digital asset  that has high demand for confidential currency. It has fast and inexpensive payments  and privacy coins are often targeted for delisting.

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. 

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. 

However, there is a downside; it’s often delisted from exchanges. Bittrex is the most recent platform to delist Monero to the curb.”

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Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


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