Liberalcoins Blog

5 reasons why to trade Monero on a peer to peer exchange

FOR THE CRYPTOCURRENCY community, 2017 was a very good year. Bitcoin doubled in price and continues to shoot up high. But another cryptocurrency called Monero, a respected Altcoin, has gained immense recognition in recent years for unique privacy properties that go well beyond the decentral infrastructure.

Over the last year, the industry has seen the value of cryptocurrency increase exponentially. Monero took the crown in 2016 with growth of 2,760%, and 2017 has seen an even more explosive growth of Monero and the cryptocurrency market. Today (Dec’17) each Monero is worth around $260, compared with just $12 last year and 50 cents at the beginning of last year. The source of that explosive growth for Monero is the privacy potential and for being virtually untraceable. Most cryptocurrency users acknowledge that privacy features are becoming a topic of discussion.

Monero not only bakes anonymity features into the cryptocurrency itself, but implements few features that Bitcoin still can’t offer. The Monero team have been early adopters of Confidential Transactions and they are already working on a improved version of RingCT, which has been referred to as “RuffCT” by the community. Confidential Transaction employs a technique called “ring signatures,” which means every Monero spent is grouped with as many as a hundred other transactions, so that the spender’s address is mixed in with a group of strangers. This makes it computationally infeasible to determine which of the group members’ keys was used to produce the signature.

In this light, trading Monero on Liberalcoins.com has multiple benefits:

Immediate access
Liberalcoins.com connects buyers and sellers with each other. The terms of a transaction are set by both trading parties. Often there is no ID required.
Eliminate intermediaries
The interaction between counterparties on Liberalcoins.com is directly between buyers and sellers which eliminates any additional intermediaries.

Security
Liberalcoins.com does not hold Fiat currencies of their users – instead, they connect traders, allowing them to conduct deals directly. The escrow service facilitates the seamless exchange of cryptocurrency between these two parties.
Furthermore, trust plays an essential part when deciding where and who to use to trade. Liberalcoins.com has been validated by Symantec, the largest cybersecurity company and is constantly adding further developing efforts for security.

Privacy
Liberalcoins.com consciously decided not to use Google 360 Products on the trading platform while other players in the industry do use it.
To further offer the best privacy, Liberalcoins.com implemented extensive privacy settings for its users and our servers are located on the Isle of Man.

Trade Monero Locally
As various options are available at one place at Liberalcoins.com, the platform facilitates all types of transactions and payment options significant for local trades.
The attractive affiliate program enable users to earn a significant percentage on each transaction made by their referrals.

With more cryptocurrencies focusing on privacy, so does Liberalcoins.com dawn of a whole new era of digital money trade.

Start trading Monero

About Liberalcoins.com:
Liberalcoins.com offers a peer-to-peer trading platform for both Bitcoin and Altcoin. Facilitating a global marketplace, Liberalcoins.com allows trading of cryptocurrencies with several payment options. A wide range of offerings also includes an escrow service, rating system alongside an attractive affiliate program to further stimulate a peer-to-peer trading environment for Monero and other cryptocurrencies.
What truly sets us apart is our high levels of privacy and security as well as pushing the lowest fees on the market.
Visit Liberalcoins.com for Monero, Altcoin and Bitcoin trading!

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