Cryptocurrency Q&A Is Monero safe?

Is Monero safe?

KiteFlyer KiteFlyer Wed Apr 30 2025 | 7 answers 1519
Monero is a privacy-focused cryptocurrency that uses advanced cryptographic techniques to ensure anonymous and secure transactions. However, like any cryptocurrency, its safety depends on various factors such as the security of the wallet used, the strength of the user's passwords, and the user's ability to protect their private keys. Additionally, Monero's anonymity features may also attract illicit activities, which could potentially impact its overall safety profile. Is Monero safe?

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