Monero is an open-source, decentralised cryptocurrency that focuses on the privacy of their users. Just as well as other cryptos, Monero is based on the blockchain – a public ledger. However, there is a difference in the technology. Moner’s blockchain is little bit more confusing than the usual one – it makes the transaction details (sender’s and receiver’s information and the amount of crypto transferred) anonymous. You might have heard, that there is no such thing as anonymous cryptocurrency. Not quite fair. The work mechanisms of Monero XMR really allows this crypto coin to be as close to anonymity as possible.
XMR cryptocurrency was launched in 2014 and the developers did not take any stake themselves – everything that happens with Monero is supported by the community.
Monero mining is a rewarding deal. Those who join Monero mining pools get a coin reward. Besides, you can mine XMR even with your own computer.
Monero cryptocurrency gained a serious fanbase due to its privacy features. Sure, there is a need to have an anonymous coin for those who are tires of the blockchain transparency. The ring signature mechanisms that Monero utilises are one of the most efficient ways to solve the privacy issue.
Well, it would be quite strange if a security-centered crypto happened to be lacking safety. With XMR, you have complete control of all your funds and transactions. You identity is concealed and you are the ultimate boss of your Monero. However, do not forget to keep you XMR in a secure Monero wallet. Guarda made sure that your XMR is secure on our wallets and Monero is supported on all our products. Besides that, you can buy Monero, trade or sell XMR with ease on our built-in exchange service. Hopefully, Guarda eliminates both major crypto holder questions “How to store Monero” and “How to buy Monero”.
Guarda Wallet is a multicurrency non-custodial light wallet. We support the most popular coins and tokens, and Monero is one of them! It is easy to use, you don’t even need to create an account and you can feel secure since we don’t store any user’s personal data. Guarda was designed as an interface where clients can manage, store, transfer and receive coins and tokens.