How are you all? I hope you are all doing well, so today I will talk about a very important topic, So let's start today's topic, so today we will talk about what is privacy coin? And even how does it work? We all know that there are many categories of coins in the Crypto market, Among them today I will tell you about a strange category of coins, So the coin in that category is privacy Coin, This category is much discussed and criticized,

How privacy coins work, privacy coins basically use special technology and techniques to keep users' transactions secret,

Privacy coins have many advantages, the main advantages of which are that no third party or government can track your transactions even if they want, moreover, the identities of both the sender and the recipient are hidden during the transaction,
And you can make transactions here if you want,

Image collect Pixabay

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The three privacy coins are XMR(Monero)
Zcash(ZEC) Dash(DASH)
Especially these coins are very old,

There are also many other coins, there is a lot of controversy about these coins, especially in the last few months XMR(Monero) binance From
Delisted, moreover, I think that such privacy coins may be delisted from various exchanges in the future,
And the main reason behind the delisting is,
These coins can be used for money laundering and various illegal activities because here users can transact without keeping their own information secret, and especially for this reason XMR(Monero) is delisted from Binance,
Now exchanges try to run according to the laws of different countries day after day, so according to the rules of that country, such illegal coins have to be banned from trading,

Image collect Pixabay

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However, among the coins in this category, XMR(Monero) can be used for completely illegal purposes, the rest of Dash, Zecash have transparent transactions,

I hope everyone understands privacy, what is a coin and how does it work!
So I'm ending here today, everyone be well, Allah-Hafez