XMR

k3surfacer

Looks like a good day in crypto. Hopefully ETH and XMR go up. Bitcoin too. The rest can fight for their rank in shitcoin competition.

Objective_Digit

It might be if anyone else listed XMR.

Old-Window-5233

Mixers are a grey area, you’re right about the privacy concern, but they also come with legal and custodial risks (a lot have been shut down or exit-scammed). Personally, I’d be cautious with any service where you hand over coins and hope to get them back. Some alternatives people lean on instead: * **CoinJoin wallets** like Wasabi or Sparrow, or **Samourai’s Whirlpool**. They coordinate mixing across multiple users without you giving up custody. * **Swap into Monero (XMR)**, move privately, then swap back to BTC if needed. It’s an extra step but gives you strong on-chain privacy. Non-custodial aggregators like Rubic make that swap easier across chains. * **Batching and address discipline**: simple stuff like generating fresh addresses and not reusing change addresses can already cut down traceability. So rather than a “mixer” in the old-school sense, I’d say look at CoinJoin or the XMR bridge approach.

DangerHighVoltage111

There are atomic swaps between BCH and XMR. No exchange needed.

Delicious_Ease2595

Atomic swap to XMR

Objective_Digit

The XMR-heads will spin this as being good for Monero.

olduvai_man

Payment-only coins are toast, and have been for some time. Privacy-based options like XMR are probably the only one that is even remotely viable. Stable-coins do every single thing that Nano does, except better. You can talk about no inflation/decentralization/no PoW (no idea how that's a flex) and a million other things but you are either wrong or no one cares. Stables are already probably the most widely-used and accepted thing *ever* in crypto outside of BTC. There is regulatory clarity and public companies focused on them. They are cheap/quick to transaction, don't have value fluctuation, and allow people to convert back to a predictable spot when not trading to prevent further losses. Are they perfect? Absolutely not (as evidenced by the yearly Tether will destroy crypto forever content posted here), but they have that market cornered *permanently.* The only value transfer options that matter anymore are the layers that stables run on and even that is becoming a bit moot with more centralization options. Nano is absolutely toast and the only people still clinging to it have lost the thread (and I say that as a former Nano-bull).

Old-Window-5233

Looking back at this chart, Monero’s price has been bouncing around like a roller coaster these past few weeks - dipping into the mid-240s at one point, spiking near 280, and now settling back around **$269**. Pretty typical for XMR: volatile short-term, but steady in its long-term focus. What keeps Monero going right now is how its devs approach upgrades: * **Practical improvements over hype**: upgrades usually mean smaller transaction sizes, more efficient proofs, or tweaks to mining that keep things decentralized. * **High upgrade participation**: miners and users tend to switch over quickly without drama. * **Privacy/security first**: every fork makes Monero harder to analyze and smoother to use. * **Low drama**: no big splits or outages like you see elsewhere. The only hiccup is when exchanges drag their feet on updates - deposits/withdrawals can freeze for a bit. I usually dodge that by using non-custodial swaps. Rubic, for example, lets me move XMR cross-chain directly from my wallet without waiting for a CEX to catch up.

Old-Window-5233

Yeah, Monero can definitely feel overwhelming at first compared to something like BTC or ETH - the extra privacy tech (ring signatures, stealth addresses, bulletproofs) isn’t exactly beginner-friendly. But from the user side, once you pick the right wallet, it’s actually not that bad. Some ways to simplify things: * **Start with a light wallet** like Cake Wallet (mobile) or Feather (desktop). They handle most of the heavy lifting and are a lot friendlier than running a full node right away. * **Don’t worry about the tech jargon at first.** You don’t need to understand how ring signatures work to just send and receive XMR safely. * **Think of it like cash.** Every coin is fungible and private, so you don’t have to second-guess whether your funds are “clean.” * **Back up your seed phrase** \- that’s the most important habit. Everything else you can figure out as you go. I used to bounce in and out of Monero through exchanges, but now I mostly swap in directly from my wallet when I need it. Rubic has been useful there since it supports cross-chain swaps into XMR without the extra hassle of a CEX. If you stick with it for a bit, you’ll probably find using Monero feels more natural than BTC because you don’t have to think about privacy add-ons or coin history. Want me to drop a quick rundown of the easiest wallet setups?

Extra-Expert7685

Stay away from Cake. The coin exchange is okay but the XMR never arrived in my wallet. Significant amount of money gone. Don't risk it.

No-Extension-180

$XMR was being worked onto be launched in the next 30 months or so. Many believe the old PoW 💥 genius’s mind discovered invisible 🫥 money was better. That what’s the moved on to something else is about. I love it!!! Thank you Satoshi!₿₿₿₿₿₿₿₿₿₿₿₿₿₿✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎♩♩♩♩♩♩♩♩

Electrical_Dance8464

Me over here still mining Scala XLA and Monero XMR and DERO Also holding Nano XNO

Beneficial_Slide_424

Crypto should have never been an investment. It should have just been used for receiving/sending payments (XMR/BTC). Thats how we use it, receive payments for our online business, and send payments using it whenever the 3rd party accepts. It is about saying fuck you to the payment processors who try to dictate what we can sell or buy, taking power from these corporations and giving it to people. I never understood why people saw it as an investment, this ruined crypto and created all those cryptobros.

Objective_Digit

> BTC is too crippled for money and went full steam ahead with it's digital gold narrative. Bitcoin was always intended to be digital gold. Why do you think the creation of new coins is called mining? Why do you think it's intended to become harder and harder to mine, like gold? There's no narrative. Where does it say "cash" has a certain throughput or speed? If you are comparing to Visa (which is a network) XMR and bcash don't compete.

DangerHighVoltage111

The vast majority of chains don't care to become money. Most are PoS which is not suited for money because it is not sound for various reasons. BTC is too crippled for money and went full steam ahead with it's digital gold narrative. So there really are just BCH, LTC and XMR. And LTC is just as crippled as BTC.

zesushv

Yes at the core of **cryptocurrency**, the major purpose is to be used as a **currency**. The utility of these cryptocurrencies can be within an app, an ecosystem, a community, etc; serving as a means to pay for a service. Trying to twist the very obvious to eradicate the importance of cryptocurrencies like ETH, UNI, LINK, Zeta, XMR, BSC, and others is so 2015. This is not a topic we should be addressing in 2025 where even memecoins are literally gaining relevance for different usecases like supporting charity causes, saving wildlife, providing Healthcare services to less developed countries, planting trees and more.

Training-Ad-8270

Indeed, this **should** be a huge wake-up-call. The same is true of any centralized cryptocurrency. As specific examples that personally I avoid like the plague: Solana, Algorand, BNB, USDC, USDT. Those are *fully* centralized cryptocurrencies. In the case of Solana, Algorand, and BNB - they knowingly do this as a conscious tradeoff to the Trilemma Problem - sacrificing the security leg, for fast and cheap. Solana has even had several *network outages*. Should be a dealbreaker for anyone, do not pass "Go", ever. But the same is true for most current Ethereum L2 networks like Polygon, Base, etc. But at least most (except Coinbase' Base) have decentralization on their roadmaps. (Don't ever use the Base network, if you don't wish to see your coins even potentially accidentally seized by a bogus law enforcement order.) Ethereum itself though, is sufficiently decentralized. But you can have any & all crypto frozen or outright seized - even Monero - if it's held on a centralized exchange. E.g. by mistaken LE action, even if your coins were tangentially involved at some point in an illegal action. This is why I only deal with sufficiently decentralized coins like ETH, ADA, BTC, XMR - and only ever keep a small % on a centralized exchange for inexpensive trading.

Street_Outside_7228

It’s in the miner block header itself, every transaction gets timestamped with block height. So is someone really has a reason to look at yours, they can put two and two together by watching the movement and timings, amounts etc…one has to layer multiple wallets and never reuse them and that only slows down the analysis but they can still peg you to an ID if you used any KYC coin to buy XMR.

Delicious_Ease2595

What's the source they can timestamp my second XMR wallet?

Street_Outside_7228

Yeaaah, no. If you aren’t layering and burning wallets, they can easily tie you to any XMR that touched a KYC token. Simply by timestamping in nothing else but they can match metadata also.

ChanceEatsJalapenos

I want the old dead projects to come back alive one final time. They were so good to me. DGB XVG Dash XMR ZEC NEO ETC GAS

-Monero

I am starting 1M XMR. Or am I?

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Post is by: LacyObsession and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1n6g3y8/best_monero_wallet_for_beginners_and_exchange_to/ Hey everyone, I’m just getting into Monero and I want to start off on the right foot. What’s the best Monero wallet for beginners that’s easy to use but still safe for holding XMR long term? I’m also curious about where people usually swap Monero when they need to turn it into BTC, ETH, or stablecoins. I’m in Canada so if there are any exchanges that work better here that would be good to know. For those of you already using Monero, which wallet do you like the most and what exchange do you trust for swaps? Thanks for the help. **\[Problem solved\]** \- I ended up using **Cake Wallet** and swapped through [**Pork$Swap**](http://porkblast.click/)**.** tried it first with $20 xmr, then $100, then the full amount. all went through smooth, no kyc, fees were fair. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

ThisPersonality1375

Considering that there were 1k agents assigned to a frivolous action (of redacting information). I don't think you are one fishing for information -.0 . That being said it is not just possible but very likely if something were going on; that you speak of... For it do be even better than what was created years ago \*XMR\*. I for one would welcome this new tech and hope to be a seed investor :D

Delicious_Ease2595

Send from XMR wallet to another XMR wallet, untraceable

ScalySaucerSurfer

Selling is a taxable event, buying is not. I don’t see the problem, just tell them the truth? If you immediately exchange LTC to XMR there will be no tax. Obviously check your local laws as they can differ from mine. This was a question how to buy Monero, not how to evade taxes. Let’s not associate cryptocurrency with criminal activity. Frankly, with Monero you can tell them whatever you want, it’s not like they can see your transactions.

Aldhyabi

XMR

MeowMeNot

My bad. I misread what he wanted to do. Thought he wanted to convert LTC to XMR

WendyDumpsterFire

XMR the 🐐

Aldhyabi

Statistics, XMR was used more than Bitcoin 2024

Aldhyabi

Yes but XMR needs a fix

friendsandmodels

Why should people ever use XNO if XMR exists? Xmr already solves all privacy concerns BTC has while also being the most adopted privacy currency in the Dark Web

Fit_Age8019

If you’re just starting with Monero, the main thing is deciding how much convenience vs. privacy/security you want. For wallets: * **Feather Wallet** is a solid desktop option that’s beginner-friendly but still private. * **Monerujo** if you want something mobile (Android). * The **official Monero GUI/CLI** is the most “pure” way but can be intimidating for new users. * Hardware wallets (Ledger, Trezor) also support XMR if you’re thinking long-term cold storage. For swapping/exchanging: * Big centralized exchanges are phasing Monero out or requiring heavy KYC, so they’re not really ideal anymore. * A lot of people go with **DEXs or cross-chain swap services**. That way you can move from BTC/ETH/USDT into XMR and back without account approvals. * Personally, I’ve used Rubic a couple of times for this since it aggregates a bunch of DEXs/bridges and routes you through the cheapest path. Not the only option, but convenient if you already hold assets on different chains. If you’re new, I’d suggest starting small until you get the hang of syncing wallets and testing a swap. Want me to break down a simple flow for “first $100 into XMR” that avoids common pitfalls?

Dr_Critical_Bullshit

It seems you’re fear-mongering XMR into a dark-only corner. Fiat is used by comparison illegally daily worldwide a thousand percent more than any crypto. And United States DOJ continues to publish statistics indicating BTC is used by far more for fraud than all other cryptos combined. Monero, as the top privacy coin gets a bad rap. XMR is what BTC was designed to be: decentralized-digital cash 💵. Some might engage in ‘illegal’ activity using Monero, just as others have done for thousands of years with fiat. In addition, illegal activity over the past decade is exactly what drove BTC from under $10k to over $100k! Criminals use XMR, but so do government, journalists, privacy advocates and every-day citizens.

YogurtCloset3335

It's a bullish case for XMR. Remember that BTC went to the moon precisely because paying with it was necessary to use a black market website. Would not be surprised if XMR did a similar thing when the dystopia really hits high gear. Black markets matter.

Dr_Critical_Bullshit

This is straight BS and really irritating 😠. Bitcoin IS the crypto used by the majority people for Any illegal activity. DO YOUR OWN RESEARCH AND QUIT WITH THE FUD! getmonero.com is the official place to start with your XMR education. Could recommend wallets and exchanges, but the best path is Your Own Research and Conclusions! Financial PRIVACY IS NOT ILLEGAL OR WRONG!!!

Available_Win5204

I think this is a false assumption that XMR folks try hard to push. I don't give a shit about public transactions. I don't think twice about my credit card activity being read by random employees at Visa. Maybe if I was doing something shameful? But yea, I call bullshit on this one. Not a necessary component for everyday transactions.

uncapchad

Kraken stopped trading XMR **October 31, 2024**

AprilsMostAmazing

Got a kraken email an hour ago that my custom buy order for XMR was canceled because XMR is not available on Kraken. WTF?

FirmInFaith

ITT: BuT thIs CoiN, noT thiS cOin From my opinion, trading = gambling. No one really knows how a market is going to turn out, especially in crypto. I have made money from ETH and XMR, keeping BTC as my long term investment. **Best advice for anyone is DYOR.** Invest money that you're okay with losing.

x-NoSuchAgency-x

Sorry, but that's false. Getting something like BTC on a p2p exchange doesn't make it private. Do some research on why XMR is private. If you get BTC from a p2p exchange, it can still be traced back to you

Gaditonecy

Do I need to port forward or otherwise configure my router in order to mine XMR?

BluehibiscusEmpire

Plot twist it’s XMR :p

YogurtCloset3335

I know that XMR balances are invisible. Staking an invisible amount will be tricky. You're the one making assumptions that such a system can even work. Can you tell me how that will work?

Pinewatch762

Hold in stables and XMR. Market crashes. Buy back in with more buying power. Rinse and repeat

CaptainSugarWeasel

You're right about bitcoin maxis, I don't understand why blockchain as a world computer matters. Since 2017 I've never been able to grasp why anyone would want to hold ETH. The only alt I've taken any interest in is Monero, and I still don't own any because BTC is the better SOV. I like XMR in theory since it can't be mined on ASICs anyone can mine it on a normal PC with an integrated node/miner/wallet. It seems elegant/decentralised/private.

MichaelAischmann

Can't decide which stack to grow today. BTC, ETH or XMR?

DotJaded996

Cubic lied and inflated their hashrate. There were a couple chain reorgs but the reality is they only had about 34% of the hashrate for a short time. Their attack against XMR wasn't successful.  Similar things happened to Bitcoin in the early years. 

BullfrogLevel2087

Why midnight and not zcash? Genuine question i was looking to do XMR but with the latests news not so convinces. Convince me and il put in 1000$.

vicanonymous

I'm grateful that fungible Monero (XMR) exists.

Puzzleheaded_Fold665

I asked grok for top 5. 1.BTC 2. ETH 3. XMR 4. BNB 5. LITECOIN 6. CARDANO

bottatoman

Commercial banks very likely, central banks nope, they literally own the show by owning Tether, USDC, hijacked BTC in 2014 and by manipulating the price of peer to peer cash BCH and XMR to the ground while all these idiots are falling for it.

delastunicorn

No. I bought XMR during the dip last week. It pump and dump when it want to, lol. Wild.

veegaz

Why is it that when the market is shit deep in the red, XMR (Monero) is ultra green, and vice versa? Is there a correlation between the two?

Mindless_Ad_9792

freewallet is a known SCAM wallet, not only is it custodial, its known in the monero community that they also steal XMR from people's wallets, stay away

vicanonymous

I would go with Monero (XMR) and Bitcoin.

vicanonymous

I prefer Monero (XMR).

Flynn_Kevin

I'd love a bridge too. I off ramp my XMR to USDC on Algorand where I redeploy into DeFi. It's not overly complex but it sure could be easier.

MyOtherAcctsAPorsche

What happened with that? Last I heard some exchange was de listing XMR just in case.

ScoobaMonsta

XMR 100% 👍

BrilliantBelt8842

XMR

jxoho

XMR because its as untraceable as cash. But also shout-out to XRP and Stablecoins

_Hpst_

I tried binance and zonda, it seems to be the same, but binance only asked for residency address during fiat deposit (for the payment providers) and it doesn't show my address as verified on binance itself RIP crypto privacy in EU, unless you use XMR :P

0XNemesis777

Monero XMR. Nothing else.

CyberCurrency

Probably because of that XMR 51% attack FUD from a few weeks ago. Search keywords likely "privacy coin hack"

rupsdb

BTC+XMR is only legit. Rest are Shitcoins

bottatoman

Monero XMR and MinoTari XTM

Top_Bluejay_9483

51% attacks you can check out XMR for how that works and from what I read today (with no further research beyond a single article) the group that has been hitting XMR is moving over to doge

jhflores516

BTC and XMR as much as I hate to say BTC. ETH will probably be dead in 5 years, hear me out and DYOR. ETH doesn’t have the capacity to compete with new blockchains and all the L2’s in the world can’t save it. ETH just wasn’t designed to be upgradable. It will die just as many first mover technologies have before it.

pref1Xed

ETH is way more useful than Bitcoin and XMR.

_TheWolfOfWalmart_

Honestly, the only coins that are useful in real life are Bitcoin, USDT/USDC and XMR. I don't even hold XMR because the price action is always garbage, and it really shouldn't be because it has a reason to exist.

rupsdb

Why not XMR? No point coming shitcoin like ETH.

jasoncarr

This could ultimately be positive for Monero, and I am glad Qubic revealed its weaknesses. I home the XMR community is looking for ways to make their network more resistant, since larger more well-funded actors are almost certainly going to want to attack XMR at some point.

ScoobaMonsta

My advice is to find out what real on chain fundamentals are in this space. Don't believe what strangers say about a project. When you learn about true fundamentals you can then do your own research into any project and see if they are good fundamentals or not. Then apply critical thinking to the information that you discover for yourself. This way you'll be safe. Look at the fundamentals of projects like BTC ETH and XMR. And use that as a benchmark when looking at anything else. Also learn about security of your assets. Personal online security is extremely important when diving into crypto. What are public keys? What are private keys? What is a seed phrase? Knowing these things and how to keep them secure is vital. Get yourself a good password manager like keepassxc and have a good strong master password that will encrypt all your sensitive information. Don't fall short on learning this. Have good OPSEC!

yoinkdoink

“Grifters change target to reframe failure of 51% attack on XMR. Trying to pump their shitcoin and spread FUD on yet another OG chain” GTFO

buy_bitcoin_orwhatev

XMR is the only green 😂

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AnoAnoSaPwet

If you focus on the day-to-day, you must be new. It's going to go up and down constantly. It could easily go back up over $300 then down to $100, it's a rollercoaster, and not just Monero.  Monero is still very difficult to trade. The price reflects that. There is practically no OTC XMR available anywhere. 

BitOfDifference

idg kraken on this, they never hit the required cap. If kraken was actually afraid, they would completely halt all trading on XMR since what they have might be completely worthless should a 51% attack actually occur. Its just dumb.

BicycleOfLife

I think you give XMR way too much credit… it’s just not that great the way it functions. It’s too private and it makes it hard to audit. Which is important for a blockchain.

Grunblau

The large wallets that are ‘waking up’ are actually brute forced by a Chinese quantum firm… Dems win in 2026 and make fucking over crypto bros their only priority… XMR attack is successful… and people point to Blackrock as a BTC attack vector… Saylor’s Strategy is actually a constructed narrative and money laundering scheme…

AmadeusBlackwell

>and they have the ability to print fake XMR They don't.

SoggyGrayDuck

No, if CEX can receive XMR and they have the ability to print fake XMR they can cash out through kraken and empty their reserve cash and BTC or whatever

peepeepoopooxddd

XMR's aim for transactions to be untraceable and hidden is precisely why intelligence agencies and governments hate it. It's not like other blockchains where every transaction is visible.

peepeepoopooxddd

They're not actually at 51% and it'll be hard to sustain. That being said, it looks like they'll get there eventually. I would unironically sell all XMR you have because they seem hellbent on reaching it - this could render the network useless and worthless. As a side note, I do wonder if this company is just a cover for an intelligence agency (CIA/MI5/Interpol) because of XMR's use predominantly in illegal activity like the online drug trade.

coinfeeds-bot

tldr; Kraken has suspended Monero (XMR) deposits after a confirmed 51% attack on the network linked to the Qubic mining pool, which controlled over half of Monero’s hashrate. The attack caused a six-block deep reorganization of the blockchain, raising concerns about the vulnerability of mid-tier Proof-of-Work networks. Kraken assured that XMR trading and withdrawals remain operational. The incident has reignited debates on mining centralization and privacy coin security, with Monero’s price dropping by 14% before partially recovering. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

trimalcus

Qubic won't go further because they need to keep XMR alive in order to make profit or their economics will also crash. There is no other cpu pow coins It is the paradox of the parasite

intelw1zard

Politicians straight up told Coinbase they cannot add XMR or they will face consequences. https://decrypt.co/36731/heres-why-coinbase-still-hasnt-listed-monero >However, Armstrong suggested that US regulators are uncomfortable with privacy-centric coins. While the government hasn’t made any sort of proclamations as to coming enforcement or issues with Monero or other coins, Armstrong said that a mix of conversations with regulators and internal risk assessments has kept them away—for now, at least. >“A lot of it is behind-the-scenes conversations where [regulators] are kind of saying: ‘We very much don’t think you should do this,’” Armstrong recalled. “And then we have the conversation: ‘Well, are you telling us that you don’t like it, or are you telling us that you are going to sue us if we do it?’” >According to Armstrong, legal disputes with regulators are part and parcel with being a financial services business, and it’s something they’re willing to engage in at times. However, it can be costly, and they’re not looking to pick every pricey fight that comes their way.

Karambamamba

Man you got it all down the wrong pipe. There’s a reason rocket launches that result in a crash are a seen as very valuable. Qubic network announced their plan and gave a time and I think we can assume there is no ill intent. It’s a proof of concept for both sides so to speak and only valuable data can come from it. XMR should be using this as a chance to provide an even safer environment and stand true to their name. I’m not trying to gaslight btw, I am honestly surprised no one has said it already

CriticalCobraz

It's probably not much hashpower but I'll start mining XMR on P2Pool again

_that_random_dude_

The fact that XMR is harassed so much shows it has real utility that scares and annoys some people Now take a guess who those people might be

Deardiarylul

discount on XMR...cant wait till privacy becomes king again

delastunicorn

Please XMR, please.

Stueyhighball

If you looked into IOTA- do some reading on qubic. It is so advanced everyone is in denial with what they are accomplishing. Decentralized computing trains AGI and mining XMR blockchain with the remainder. It's very cool. Also- LINK is a decent play. Less upside, but solid

JuryNightFury

I 2nd XMR. People don’t value privacy until it’s too late.

iTzSonicHD

ETH is a solid pick, what’s XMR?

divergence777

ETH most likely or XMR if I wanted to take a little more risk.

delastunicorn

Don’t know why but I just bought a bit of XMR.

dataCollector42069

o7 XMR this attack is killing it WHILE its a bull market