By reading the article “XVG Coin Analysis” published in Adaas Investment Magazine, you will get acquainted with Verge cryptocurrency and its token XVG in general. This level of familiarity can be enough for you to invest in the cryptocurrency market.
In the official whitepaper, they have introduced themselves as a blockchain with the aim of being more private than the bitcoin blockchain. The XVG project works to provide confidential transactions to users of this cryptocurrency.
The XVG token has been developed under their own blockchain to enable fast, cheap, and confidential transactions for its users.
The supply of XVG tokens is a fixed amount (16,555,000,000) and currently (September 2021) 16,477,558,192 XVG tokens have been mined and placed in the cycle.
In the official whitepaper of the project, they claim that the XVG token is a suitable currency for payment, which is highly confidential along with its fast and cheap features. In XVG blockchain transactions, the sender and recipient of the transaction are not known and therefore can be a secure token for users.
As you have read in the beginning, the developers of XVG coin have developed a dedicated blockchain aimed at speeding up, increasing scalability, and reducing transaction costs for their users. XVG Blockchain takes about 30 seconds to confirm each transaction and can process up to 100 transactions per second.
When users use platforms and networks on the Internet, they provide a lot of information such as their IP address to the ISP and the platform they intend to use. In the XVG coin blockchain, users’ private information is not disclosed. This feature is provided by TOR technology, which is a software for anonymous activity on the Internet.
The XVG blockchain also provides L2P and Wraith Protocol features for users, which will keep the sending and receiving information of users, as well as the sending and receiving addresses of XVG transactions, confidential forever.
In general, cryptocurrencies that provide privacy to blockchain users have a much higher level of technology than other cryptocurrencies such as meme coins.
Justin Sunerok is the founder and developer of the XVG coin. He was previously the blockchain engineer for Crypto Fantasy Sports.
To buy XVG tokens, you can use the following exchanges:
Dear visitors, you can also use the profile of this cryptocurrency on the CoinMarketCap website to check the exchanges that offer this cryptocurrency. To do this, visit the Market section.
Users who want to remove XVG tokens from centralized exchanges can use the XVG coin wallet to store them. To do this, we first enter the official website of VERGE cryptocurrency. Then select Wallets from the menu and finally install the software for your operating system.
Then we enter the application and make a new wallet. This, like the rest of the wallets, requires you to keep special words secure. Finally, from the Receive section, you can see the address of your wallet to receive the XVG token.
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