In response to Binance’s delisting of Monero (XMR), the Monero community emphasized its unwavering commitment to privacy.Â
In an official tweet, Monero declared, “Monero will never compromise on privacy.” Despite the removal from Binance, users are encouraged to trade XMR on alternative exchanges, decentralized exchanges (DEXs), and atomic swaps.
The tweet highlights the importance of self-custody, urging users to take control of their Monero holdings. This approach aligns with Monero’s core principles, prioritizing secure and private transactions for users.
Following Binance’s decision, both Monero and the cross-chain asset transfer protocol Multichain experienced significant double-digit declines. XMR saw a 30% drop, trading at $114.85Â over the past 24 hours.
Also Read: Monero and Multichain Delisting on Binance Sparks Market Decline
As Monero exits Binance’s listing, the cryptocurrency advocates for continued accessibility and utilization through various decentralized and private channels.
