Monero (XMR) and tokens.net

+Tokens.net is one of one the most popular cryptocurrency exchange that began it’s operation in July 2018. It had earlier raised USD 15 million during a Token Sale in an ICO, the token was named DTR (Dynamic Trading Rights). These DTR tokens give the user the proportionate vote to influence coin listings and de-listings. It can also be used to trade cryptocurrency.

Damian Merlak is the co-founder of Bitstamp; one of the most popular and old Bitcoin and cryptocurrency exchange website in Europe. It was found as a competition to Mt. Gox which held most of the volume of the cryptocurrency trade in 2011. In 2017, he found the Tokens.net project to regulate the ICO industry and coin listing. This regulation would increase decentralization as there is no authority owning the exchange which decides for the exchange site. The traders are given rights through DTR voices who cast votes on matters of coin listings and development of the exchange.

Tokens.net recently voted on adding Monero (XMR) to their exchange. Monero is the most popular privacy focused cryptocurrency. It is listen on almost all of the popular exchanges and is one of the first alt coins in the market. Monero is an advanced cryptocurrency system that provides privacy and security through its ring-CT protocol. Monero is widely accepted on the internet because of it’s low fees and almost instantaneous transactions. Monero is priced at around USD 110 as of writing this, and is down 60% from its ATH (All Time High). It is the 10th largest coin in terms of market capitalization of over USD 1.5 billion and a daily volume of USD 15 million.

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