You can now buy gold and silver using Monero at SuisseGold.com. Monero is one of many cryptocurrencies accepted.
What is Monero?
Monero (XMR) is a proof of work cryptocurrency that has been built on opensource technology, meaning that it has been built by a community of supporters, including programmers and cryptographers. Anyone in the community is able to submit an idea, which can be then taken to the development team and added to the currency. Unlike Bitcoin or Ethereum, Monero is completely private. This means that there is no open ledger or transparent blockchain and your identity in the transactions remains anonymous. All Monero transactions are private. Founded in 2014, Monero has grown to represent an increasingly significant share of the Cryptocurrency market. By May, 2022 the majority of Monero coins will have been released, with a total circultion of just over 18 million coins.
How Does Monero Keep its Transactions Private?
Monero is able to keep its transactions totally private using a number of different technologies it has developed. The first thing to mention though, is that XMR has been developed with cryptographers working alongside the currency's programmers, with privacy in mind as the central value of the XMR the entire time. Privacy is not an afterthought. The following are technologies developed by Monero:
- RingCT (a way to hide the amount sent in a Monero transaction)
- Stealth Addresses (automatic one time addresses for every transaction)
- Ring Signatures
- Transactions over Tor/I2P
- Dandelion++
Buy Gold and Silver With Monero
Buying gold and silver bars and coins using Monero is straightforward and fast on SuisseGold.com. In order to start, please select 'XMR' as your preferred currency from the dropdown menu on the top of the home page. This will default all of the prices on the website into Monero. Once this has been completed, please decide what products you wish to buy. At SuisseGold.com you may purchase gold, silver, platinum, palladium, and rhodium using XMR. Orders may be purchased for secure storage or for worldwide delivery. Once you have finished placing the goods you wish to purchase in the shopping cart, fill in your information, and select 'proceed to checkout'. On the payment page of the checkout, the XMR wallet address to arrange your payment to will appear. Please transfer your payment in Monero to this address. Once your checkout is completed, you will receive a copy of your invoice via email. Payments via Monero are seamless and quick, and arrive within minutes. When your payment has been received, you will receive an email from our customer service team to inform you that your payment has been received and your order is now processing.
