What is Monero?
Monero is digital currency similar to Bitcoin, but instead is built to be completely private and anonymous.
Monero uses a technology called "ring signatures" to shuffle users' public keys to keep transactions and addresses confidential. Monero states that they cryptographically secure the origin and amount of payments, making transactions untraceable to a particular user or real-world identity.
Different than other private blockchains, Monero by default obfuscates sending and receiving addresses and transaction amounts, which means that every user's activity enhances the privacy of all other users. Monero is also fungible and therefore makes it impossible for a user to be censored or prohibited from transacting because of their identity or address.
Team & History
Monero was launched in 2014 by an anonymous user "thankful_for_today," but due to controversial changes that the community didn't agree with, Monero hard forked, creating a new Core Team that has provided oversight since.
The token was founded on the principle that all people are equal and deserve equal opportunities. When launching Monero, the founders stayed true to this philosophy and did not keep any stake for themselves. To date, the network runs on only contributions and community support to further develop the currency.
Like its blockchain, the Monero team is entirely decentralized. More than 500 developers worldwide have contributed to the Monero project, including 30 core developers.
How to Trade Monero
- Get the Voyager App: Now available in Apple iTunes Store, visit the store and search Voyager or click here to download now.
- Register as a User: Register with your name, email and phone number to begin browsing the market, news, and Voyager’s supported coins.
- Open a Voyager Trading Account: Fill in the rest of your personal information; name, address, social security number, etc. to create a trading account. As a licensed financial institution, we're required to collect this information to protect our users, but know that your personal information is always safe with us.
- Fund and Trade: Link your bank account to your Voyager account immediately by navigating to User Icon > Bank Accounts and transfer $10 or more to trade instantly.
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