Verge(XVG)- Is it good coin to buy?

in #verge7 years ago

Verge(XVG) is booming at the timing of writing this post (may change according to the marketcap)
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So What is Verge ?
Verge is a secure and anonymous cryptocurrency, built with a focus on privacy.

As we can see nowadays all coin sites uses the word "Decentralized" which is most coins do there is nothing special about that at all now. But what is special about this coin? Below I have listed few points about this coin.

  1. It is completely anonymous (means no one can trace our transactions not even GOV) by using TOR and i2P.
  2. Fast transaction speed by SPV (simple Payment Verification tech) which is under 5 sec (as stated in official site, I didn't personally tested yet)
  3. Ready for mass adoption, having wallets which is also uses TOR n/w.
  4. Finally it is open sourced means there is no fishy things in codes

If you to know more about Black Papers, Investors etc visit the official site https://vergecurrency.com/

[Disclaimer : I am not a financial adviser, Crypto markets are risky, do have some knowledge before investing in it.]

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I bought in looking for a new privacy crypto(they always do well) that was cheap, now HODL-ing tip gold.

Long term investment is always good in Crypto world but one should know when to buy and when to sell (that makes a real trader, i am not a trader i am a long term investor) there is also a coin which is also like verge but its an exchange. Still didn't touch the top 100. Safe exchange coin (SAFEX) My next post is about SAFEX. Check if you want to know more.