How and Where to Buy Verge (XVG) An Easy Step by Step Guide

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Verge (XVG) is an open-source, decentralized cryptocurrency that claims to provide totally anonymous transactions by masking the transacting parties' location and Internet Protocol (IP) address.

 

Over the last few years, cryptocurrency has become a more attractive investment. However, before investing in Verge or any other digital currency, be sure you know what you're getting into. Continue reading to discover more about Verge's history and goals, as well as how you can get started investing right now.

 

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About Verge

Verge was initially introduced in October 2014 as DogeCoinDark, a fork of Peercoin (PPC). It was rebranded Verge in February 2016. The Bitcoin source code is the basis of the project.

Verge is a cryptocurrency that focuses on providing its users with complete anonymity and privacy. Whereas Bitcoin achieved its goal of establishing a decentralized cryptocurrency, Verge takes it a step further by ensuring that all transactions are entirely anonymous. Verge participants may perform quick anonymous transactions and the money is essentially untraceable.

 

Verge uses cutting-edge blockchain technology built on top of Tor and I2P to mask your private information, such as IP addresses and locations. With the eventual adoption of RSK technology, Verge will be able to offer smart contract capabilities while retaining absolute user privacy, making it the first cryptocurrency on the market to do so.

 

 

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What is Verge [XVG]?

Verge is a privacy-focused cryptocurrency and blockchain that aims to provide a fast, efficient, decentralized payments network that outperforms Bitcoin’s (BTCoriginal )'s blockchain. It also has extra privacy capabilities, such as integrating the Tor anonymity network with its wallet, vergePay, and allowing transactions to be sent to stealth addresses.

 

The project prides itself on being community-driven, depending on volunteers, and being open source.

 

By obfuscating users' IP addresses, Verge focuses on anonymity. An IP address is a unique identification number that identifies a specific computer.  It is feasible to track a person and their online activity on a linked device using an IP address; obfuscating IP addresses makes transactions entirely untraceable.  The popularisation of private ledgers, which provide innovative ways to disguise users' identities, has been attributed to Verge.



 

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Who Are the Founders of Verge [XVG]?

Justin Valo, also known as "Justin Vendetta" or "Sunerok," founded Verge in 2016. Justin Velo is a developer who has the expertise of over 20 years in network security and blockchain technology, He created the cryptocurrency as a fun side project to enable people all around the world with a greater feeling of anonymity.

 

Valo has said that he has been developing algorithms since the age of eight and that after high school he worked for a Fortune 500 business in network management. He decided to establish his own network security firm after a few years.

 

Valo originally became interested in Bitcoin in 2011, and then in Dogecoin following its introduction in late 2013. He decided to work on Verge because he thought that none of the altcoins in development at the time were suitable for usage as digital currencies and that the only other significant privacy coin projects at the time, Bytecoin (BCN) and Monero (XMR), were insufficient.

 

Valo was named to the TokenPay (TPAY) advisory board in 2017, a privacy-focused cryptocurrency.


 

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What Makes Verge Unique?

Unlike Bitcoin and many other cryptocurrencies, which are built for transparency, Verge is developed for anonymity. Verge makes use of Tor, an online anonymity technology developed by a nonprofit group in 2006 to promote free and private internet access. 3 Today, it's the most powerful internet privacy technology, and it's what Verge employs to keep investors anonymous.

 

Verge relies on a number of important privacy features to achieve this aim. It encrypts and filters IP addresses by securely routing all transactions to and from the vergePay wallet over the TOR network. It also provides double-key stealth addresses, via which senders can establish one-time wallet addresses on their behalf to safeguard the anonymity of their beneficiaries and use nuclear swaps to enable trustworthy cross-blockchain transactions between peers.


 

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Where Can You Buy Verge [XVG]?

Many exchanges, including Binance, HitBTC, Bittrex, and Huobi Global, offer XVG for purchase. It may be exchanged for fiat currencies like the dollar and euro, as well as cryptocurrency like Bitcoin and Ether (ETH) and the stablecoin Tether (USDT)


 

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Frequently Asked Questions

Is it possible to purchase XVG with cash?

No. It is not possible to purchase XVG with cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.

How does the XVG Network keep its data safe?

Verge does not rely on cryptography to provide security and privacy. Verge employs a number of anonymity-focused networks, including Invisible Internet Protocol (I2P) and The Onion Router, to ensure security (TOR) that prevents it from any attacks.

On what factors the price of the XVG Network [XVG] Depends?

Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact XVG price and market cap.

 

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Verge  Official website  – http://vergecurrency.com/

 

Verge  Twitter – https://twitter.com/vergecurrency

 

Verge Reddit – https://reddit.com/r/vergecurrency

































 

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