this post was submitted on 10 Feb 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Binance is delisting Monero? I didn’t know that.
Is this a /s or did you legit not know?
I did not. Shame, it is one of the best coins out there.
It's not respecting their cryptocurrency standards because it's nor a rugpull or a meme coin :(
Its okay. Use LocalMonero, bisq, etc
Bisq only if you want to affect the price, sadly localmonero prices are not tracked by Coinmarketcap or coingecko and I think it should but idk how
Well, I know local Monero has a data API, so the price could be tracked. Often, on local Monero, you'll find a minimum of a 10% markup on the XMR/USD pair. That comes down quite a bit if you get something like USDC or USDT though. My guess is primarily that is due to a lack of sellers pushing down rates and to the fact that payment methods straight from fiat can be reversed.