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PaymentTerm · #monero

Monero (XMR)

Short definition

Privacy-focused cryptocurrency with mandatory transaction-level privacy via ring signatures, stealth addresses, and confidential amounts.

Monero is the leading privacy-focused cryptocurrency, launched 2014. Unlike Bitcoin's pseudonymous public ledger, Monero hides three things on every transaction: the sender (via ring signatures that mix the actual sender among 10 decoys), the receiver (via stealth addresses unique to each transaction), and the amount (via confidential transactions with cryptographic range proofs). The result: transaction graphs are not traceable in the way Bitcoin's are.

For offshore hosting customers, Monero is the strongest privacy option. Acceptance is moderate: SilentHosts, FlokiNET, Privex, and Njalla accept it; AbeloHost and Shinjiru historically don't. Confirmation typically takes 20 minutes (10 confirmations). Acquiring XMR without KYC is harder than BTC because most KYC exchanges have delisted XMR — use atomic swaps via Cake Wallet, FixedFloat, SideShift, or P2P platforms like AgoraDesk or RetoSwap.

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