Monero is a crypto coin created in April 2014 based on a decentralized blockchain. As for supply, there are more than 18 million XMR coins in use. We can state that Monero does not get as much attention in the community as other cryptocurrencies, but it certainly gained its loyal and devoted fanbase.
The first principle of Monero is anonymity – the developers of this currency have truly dedicated themselves to achieving the best results in the field. Due to the algorithms used in Monero, it is incredibly difficult to trace transactions on the Monero blockchain and find their origins.
It also has an in-built scalability feature. This works by allowing the network to review all past transactions and automatically make changes to the block-size to factor in an increase in transaction volumes.
Don't have a Wallet Yet?
If you are looking for a software wallet or mobile wallet choose from the list below to be able to exchange Monero with RaincityEx at the best CAD rates.