LISTING OF MONERO (XMR) ON ATOMARS

We are proud to announce the listing of Monero on Atomars exchange. Monero deposits are effective immediately and trading is open with the following pairs: XMR/BTC, XMR/ETH and XMR/USDT.

SUMMARY OF MONERO

Monero is a decentralized cryptocurrency. This means that Monero is a well-secured digital currency fully operated by the users in the network. Transactions are immutably recorded on a blockchain after being confirmed by a distributed consensus. Your money is safe with Monero and third parties do not need to acquire your trust for you to be sure of the safety of your money. Monero has improved positively since it was launched in 2014. Almost all improvements have led to an upgrade in privacy and security or added new features for Monero.

FEATURES OF MONERO

Security

Monero users can confidently trust Monero for the security of their transactions without fear of being exposed to errors or attacks. Monero also grants miners full block rewards. The miners are the most important members of the network because they provide security. Transactions are also secured cryptographically with the use of the most recent and most resilient tools available for encryption. Transactions are immutably recorded on a blockchain after being confirmed by a distributed consensus.

Privacy

To Monero, privacy is a very important factor. Ring signatures, stealth addresses, and ring confidential transactions are used to obfuscate the amounts, destination, and origins of all transactions. Monero needs to be capable of defending and protecting its users in a law court and, in serious cases, from a death penalty. The level of privacy is mandated to be entirely accessible to all users, whether they are competent technologically or have no idea how Monero operates. Users can confidently trust Monero to the extent that they do not see the need to adjust or reduce the way they spend in order for no one to find out.  

Decentralization

Monero also provides a full amount of decentralization. There are no third parties with Monero and it is not controlled by a large group. A proof of work algorithm which is accessible to users makes it easy for Monero to be mined on normal computers. This makes it extremely difficult for someone to buy huge amounts of mining power. To further lower the risks of uncovering transactions, censorship (TBA), and sensitive information, nodes are being connected to each other with 12P. Decisions for developments are entirely transparent and open for public discussions. Also, meeting logs of developers are published online in their entirety and are made visible to all.

Monero Is Untraceable

With Monero, sending and receiving of addresses including amounts being transacted are deliberately made complex by default. All transactions on Monero are anonymously carried out and cannot be linked to any user in particular, neither can it be linked to a real-world identity.

Monero Is Fungible

Monero is classified as fungible simply because it is private by default. Monero units cannot be blacklisted by exchanges or vendors because of how they have associated in previous transactions.