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<h2>What is Verge (XVG)?</h2>
Verge is a cryptocurrency that is based on the initial code of Bitcoin, however, XVG has an intention of improving its results. Anonymity is the central focus of use by reason of its own privacy support system. Verge is a multi-algorithm cryptocurrency based on PoW (Proof of Work). It works in the way to make it possible for people with different mining devices to have equal access to earn coins. In addition to an anonymous and secure transaction environment, XVG also offers high information processing speed as well as a fair mining system where the award is assigned based on the total number of mined blocks. Verge is one of the small numbers of cryptocurrencies that supports five hash functions united in one blockchain. Here are these 5 algorithms supported by the XVG network: X17, Lyra2rev2, Scrypt, blake2s and myr-groestl. It was originally created with the intention to hide (distort) the identity of the end user. Verge uses I2P and TOR technologies along with the RingCT mechanism to provide anonymity for its users. Verge currency is almost invisible and can not be tracked so users can make immediate anonymous transactions.

<h2>Where did Verge come from?</h2>
The Verge project was launched in 2014. XVG had neither ICO nor pre-mine. In the beginning, the cryptocurrency was called DogecoinDark, however, later it was decided to rename the coin as a part of the rebranding and from the year 2016, the project changed its name to Verge. The XVG project has the main team that is involved in its creation and development. The lead developer&rsquo;s name is Justin - Sunerok. At the same time, Verge is an open-source product where any active and ambitious user can offer their idea related to the development of the project. If the idea is endorsed by the majority of participants, it becomes accepted and integrated to the project. 

<h2> </h2>

On April 17, 2018, it was announced that the quite well-known website Pornhub has started accepting XVG as a payment option. Users can pay for any Pornhub services including a Premium subscription using Verge. The anonymity of Verge makes it the perfect cryptocurrency to be used by Pornhub. There are some other entertainment sites like Nutaku and Brazzers that also accept Verge.

<h2>What are the advantages of XVG?</h2>
 

<ul>
<li>Complete anonymity of all transactions in the network.</li>
<li>Verge has its wallet applications developed for every operating system, both mobile and desktop.</li>
<li>Verge has a high transaction speed. The allowed maximum is 100 transactions per second.</li>
</ul>
<h2>What are the disadvantages of XVG?</h2>
<ul>
<li>It is worth noting that the shift of block generation algorithms does not always help to fully secure the network. In April 2018, the system was hacked by attackers.</li>
<li>Anonymous and private transactions can be used by criminals for illegal transactions.</li>
<li>Low ratio of liquidity.</li>
<li>Verge is not the only confidential cryptocurrency. It has several serious competitors by this characteristic.</li>
</ul>
 

<h2>How to buy Verge?</h2>
You can buy Verge for other cryptocurrency using SimpleSwap. There is no need to register an account or share any of your personal details. To get some XVG just follow the steps below:

<ul>
<li>Choose the currency you want to exchange (e.g. BTC) in the first drop-down list. Enter the amount you would like to swap.</li>
<li>Select XVG in the second drop-down list. You will see the estimated amount that you will receive after the exchange.</li>
<li>Enter the Recipient's Address. Verge will be sent to this address. Be careful and make sure you use the correct address.</li>
<li>Check all the information you have entered. If everything is correct click the Exchange button.</li>
<li>You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange.</li>
</ul>
This is everything you need to know to buy Verge.
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Bitcoin (BTC) is the world's first decentralized digital currency. One of the main features of the BTC system is complete decentralization - there is no central administrator or any equivalent. A necessary and sufficient element of this payment system is the basic client program.

Ethereum (ETH) is a cryptocurrency of a platform for creating decentralized online services based on blockchain. These services operate on the smart contracts basis. Ethereum greatly simplifies the introduction of blockchain technology as it is an open source platform.

XRP (XRP) is a digital currency of a Ripple network, a cryptocurrency platform for payment systems, focused on operations with currency exchange without chargebacks. Ripple is based on a shared public database. So it is completely decentralized system. The main purpose of Ripple system is to transfer big amounts of money as quick as possible.

Tether (USDT) is a stablecoin which allows users to store, send and receive digital currencies collateralized to dollars. The token has low volatility and its price is always close to $1. Tether is aimed at working as traditional money with all the qualities of monetary currency and adhere to cryptocurrency principles such as security and decentralization.

Binance Coin (BNB) is a token created by the Binance exchange to provide better trading conditions. Having BNB tokens on the exchange balance, the user has the opportunity to pay 2 times lower commissions. Also, Binance Coin is used to trade in pairs with more than 60 cryptocurrencies inside the exchange.

Binance Coin

Cardano (ADA) is a cryptocurrency of Cardano that is a decentralized blockchain platform on smart contracts with open source. The platform operates on a Proof-of-Stake algorithm called Ouroboros, which determines how individual nodes reach consensus on the entire network.

Dogecoin (DOGE) is a decentralized digital currency that makes it easy to send money online. It is possible to use DOGE to pay users on social networks and to buy goods and services on the Internet. Dogecoin is based on Litecoin and is named after the Internet meme Doge. Dogecoin has a fairly quick initial mining period.

USD Coin (USDC) is a smart contract-based stablecoin. The project is based on an open source framework developed by CENTRE. USDC supports financial transparency, working with regulated and licensed financial institutions and an open participation scheme.

Polkadot (DOT) is a сoin that is a proprietary asset of the Polkadot platform. It performs three main functions: management, bid placement, and linking. DOT holders have the right to manage the platform. Besides, the DOT owner can act as a validator, picker, nominator, or fisherman, and can participate in the decision-making process regarding global updates and/or changes to Polkadot.

Polkadot

Internet Computer

Chainlink (LINK) is a token of the ChainLink platform, the purpose of which is to apply the technology of smart contracts in the financial system. All cryptocurrency smart contracts using API technology can connect to existing payment systems and carry out transactions using the ChainLink platform.

Uniswap (UNI) is the token of the leading Uniswap decentralized exchange. After the release of the token by the popular DeFi project, there was an immediate stir around UNI. The developers are positioning UNI as the next step in the development of the protocol, noting that Uniswap is constantly updating records for trading volume and liquidity.

Uniswap

SOL is a coin built on Solana's single-chain protocol with a delegated PoS. The goal of this project is to improve and make more efficient the cryptocurrency blockchain by introducing decentralized clocks into it. Thus, all transactions are timestamped. When paying commissions in the Solana network, SOL tokens are burned. Also, each user can put their coins on a bet to become a blockchain node.

Solana

Stellar (XLM) is a cryptocurrency of a platform, which is an analogue of a decentralized crypto exchange, where you can buy or sell any currency. Transfers in the network are absolutely free. The Stellar network is able to process around 1,500 transactions per second, which makes it much faster than Bitcoin and Ethereum.

Matic Network (MATIC) is a token of ERC-20 standard and it is an internal unit of network calculation. It was created for users as stimulation to provide computing power for blocks checking. Miners will receive remuneration with Matic tokens. The primary token sale was organized as a lottery. Network is based on Proof-of-Stake and Block Producers projects so mining is possible.

Polygon

FLOW token is a native token of the Flow network, which is a decentralized blockchain that allows developers to create games and apps. FLOW has a role of fuel in the network. The token is used as a payment method within the network and as a reserve asset for the network. Flow is a part of an ecosystem that consists of a number of well-known brands, such as Warner Music, NBA, UFC, and others.

Flow

Litecoin (LTC) is a peer-to-peer Internet currency that enables to make private, secure and borderless payments for pennies anywhere in the world. Litecoin is the second hard fork of Bitcoin. The speed of blocks formation in the Litecoin network is 2.5 minutes, which is higher than in the Bitcoin network.

Bitcoin Cash (BCH) is a cryptocurrency that requires no trusted third parties and no central bank. Bitcoin Cash is the hard fork of Bitcoin that has separated from it. Branching took place on August 1, 2017. Merchants and users are empowered with low fees and reliable confirmations. 

Binance USD (BUSD) is a high-stability currency pegged to the US dollar. It got approval from the New York State Department of Financial Services (NYDFS). BUSD can be bought at the rate of 1 BUSD equal to 1 US dollar. BUSD was issued in Binance partnership with Paxos. Paxos is a regulated infrastructure for creating financial institutions that enable movement between physical and digital assets.

Binance USD

FTX Token (FTT) is a token of the FTX project, a cryptocurrency exchange that supports futures trading. With the FTT token, users receive a discount on commissions, the amount of the discount depends on the trading volume. Also, FTT tokens are used to participate in the royal battle. The exchange hosts contests in which traders participate and FTT token holders can place bets on them.

FTX Token

Theta (THETA) is a cryptocurrency that could be used as a long or short term investment or as remuneration for the video content. Theta Network was created by great specialists with a lot of experience in the area of video streaming. Users can get coins by watching and rebroadcasting videos to other users or hosts.

THETA

VeChain (VET) is a cryptocurrency of a global platform of information transformation based on blockchain technology. It digitizes real people, products or events, associating the API with the application level of the system, connecting the blockchain with real information. VeChain uses Smart Contracts focused on real industrial operations.

Wrapped Bitcoin (WBTC) is an ERC-20 token that was created to provide Bitcoin fluidity for the DEX in the first place. In addition, this token makes it possible to use Bitcoin for token trading. WBTC aims to standardize Bitcoin to the ERC-20 format while creating smart contracts for it.

Wrapped Bitcoin

TRON (TRX) is a decentralized open source cryptocurrency, which was founded by TRON Foundation. The goal of the TRON decentralized protocol is to create a worldwide free entertainment network based on a distributed registry. The TRX algorithm allows each user to publish, store and receive data freely.

GRT is a token of the Graph network. GRT is an ERC-20 token, based on the Ethereum blockchain. The main function of the token is to designate resources on the platform. To provide system management tokens will be distributed between Indexers, Curators, and Delegators.

The Graph

Ethereum Classic (ETC) is a cryptocurrency that appeared as a result of the Ethereum hardfork and is positioned as the original and primordial version of ETH. A distinctive feature of Ethereum Classic from Ethereum is that ETC retains the principle of non-interference from the outside and the supremacy of the code.

Terra (LUNA) is a cryptocurrency that provides the stability of the Terra ecosystem. Terra is a blockchain – based payment system. It is based on a stable coin that maintains its value by using a mechanism to increase and decrease the number of coins depending on demand. To maintain the same Terra price, LUNA actually acts as a market maker.

Terra

Avalanche

Algorand (ALGO) is a special token of the Algorand blockchain. Tokens were distributed by the way of Dutch auction. It means that the price was declared in descending order. Furthermore, there is a refund policy. Algorand project does not use tokens as an incentive. The team of creators openly said that users should decide what to do with a coin. The protocol is clear and looks like HTTP and TCP.

Algorand

Dai (DAI) is a token of the Maker DAO crypto-project. DAI is the first decentralized stablecoin on the Ethereum blockchain. The Dai rate corresponds to USD and 1 DAI is always worth $1. The Dai priorities are the transparency of conversion and the absence of volatility.

Filecoin (FIL) is the cryptocurrency that underpins the decentralized peer-to-peer file storage network (Filecoin). Due to Filecoin, any user can store, receive, and post digital information. The main purpose of FIL tokens is to pay for such services and to provide an economic incentive for reliable long-term storage of files.

Filecoin

1INCH is a utility token that is used to govern the 1INCH network protocol. The 1INCH token is involved in the “instant governance” project. Instant governance means that all the community members can participate in the decision-making process by voting without any barriers to entry. 

1inch

Monero (XMR) is a private digital currency. Monero makes untraceable transactions through technology called ring signature. This technology mixes some individual transactions with others, so it is not clear to the public who owns the addresses. It also hides balance sheets thanks to stealth addresses, random, one-time addresses that cannot be associated with specific individuals.

EOS (EOS) is a cryptocurrency of hosting platform for smart contracts, designed for open source projects and decentralized consumer-oriented applications (DApps). A key part of the platform is the Delegated Proof of Stake (DPOS). It is designed to meet the performance requirements of decentralized applications on a blockchain - including processing millions of users.

SHIBA INU

NEO (NEO) is a coin on a smart asset platform. NEO is the first open-source blockchain project from China. NEO coin and the platform aims to develop a "smart economy" with a distributed network by utilizing blockchain technology and digital identity to digitize assets, and automating the management of digital assets using smart contracts.

AAVE is an ERC-20 token of a platform that is used to organize decentralized platform management. The goal of the AAVE platform is to enable users to both lend and borrow cryptocurrency. Although AAVE provides the opportunity to use 17 different cryptocurrencies on this platform, using its native AAVE token, borrowers receive a certain discount.

Aave

Crypto.com Coin (CRO) is a cryptocurrency which was launched in Hong Kong under the name Monaco and based on Ethereum (ETH) platform. It was the first crypto project which entered into a partnership agreement with such a giant as Visa. Now Crypto.com is one of the most popular projects in the industry from the beginning of 2019. The rate has increased 10 times since March 2019.

Crypto.com Coin

THORChain (RUNE) is a token on the THORChain platform. It is used to pay for swaps, participate in platform management, and reward validators. THORChain provides liquidity solutions, instant asset exchange on the network. The RUNE token is a token for all CLP pools to create liquidity. 

THORChain

Huobi Token (HT) is the official token of Huobi exchange. Huobi Token is based on ERC-20 standard. Huobi Token is designed to reduce commissions paid by its holders for trading on the platform and is used in the point system when adding new tokens to the exchange.

Huobi Token

Cosmos (ATOM) is an ecosystem that consists of blockchains that can interact with each other. It is a decentralized network of an independent parallel blockchain. ATOM is a token of the system named Cosmos. Owners can vote, verify the transactions and delegate actions to other validators there.

Cosmos

Theta Fuel (TFUEL) is the" fuel " of the Theta protocol, which was launched simultaneously with the launch of Mainnet in mid-March 2019. It is used to pay for transactions. Network users can earn TFUEL for video streams they share with others.

Theta Fuel

CAKE is a native token of the PancakeSwap platform. It is a decentralized exchange service for BEP20 tokens. It operates on Binance Smart Chain. PancakeSwap gives an opportunity to deposit LP tokens to get a reward in CAKE tokens. After that users can stake CAKE to earn other tokens.

PancakeSwap

Reserve Rights (RSR) is a digital decentralized stable coin operating on the Ethereum platform. It was started in May 2019. Reserve Rights token is a “tool of accumulation” which can not be a subject of inflation. The main aim of the team was to create a token that is clear and safe for calculations.

Reserve Rights

Bitcoin SV (BSV) is a digital currency which is the result of the Bitcoin Cash hard fork. The coin appeared on November 15, 2018. The main idea of BSV is to preserve the original vision of Satoshi Nakamoto, the alleged creator of Bitcoin. So, the Bitcoin SV name decrypts as Bitcoin Satoshi Vision.

Curve (CRV) is a  token of the Curve platform that is used for voting when managing the platform and as a reward for liquidity providers. It was launched in August 2020 by an anonymous developer under Twitter nickname @0xc4ad. Part of the collected trading fees is used for the permanent burning of CRV tokens.

Curve

Telcoin (TEL) is the first digital coin that combines the capabilities of existing mobile operators and blockchain technology. Due to this connection, users can make many financial transactions through a smartphone like money transfers, online purchases and various payments.

Compound (COMP) is a token of the Compound project, which is a decentralized financial protocol based on the Ethereum ecosystem. Compound's digital currency provides access to the crypto-loan market, where interest rates are set by the system. Compound cryptocurrency cannot be earned by traditional mining, all tokens are issued exclusively by developers.

Compound

Kusama (KSM) is the official coin in the Kusama ecosystem. It is considered to be the working fuel of the entire network. Kusama is a "dedicated" Polkadot network that detects and warns of any vulnerabilities in the Pokadot network. KSM is used to pay commission for transactions on the network, as remuneration, and provide an opportunity to vote in referendums on the development of the project.

Kusama

BitTorrent (BTT) is a multi-million network for sharing files (music, movies, e-books, etc.) between its users. After BitTorrent was purchased by the TRON platform, the project was able to expand its own functionality and allow its users to monetize their activities. For this purpose was created the BTT token.

Maker (MKR) is a digital currency of the Maker project, which is based on the Ethereum blockchain and seeks to create a series of decentralized tokens tied to the fiat money value. Buying MKR allows customers to participate in the future of the project. Namely, investors have the opportunity to vote and make decisions on the proposed development vectors.

Tezos (XTZ) is a cryptocurrency of a platform that is intended for smart contracts and decentralized applications. The Tezos's goal is to create a network capable of introducing various innovations without the need for hardforks. According to the internal rules of the platform, interested parties can easily vote and reach a consensus on modernization issues.

Chiliz (CHZ) is the cryptocurrency that powers sports and entertainment platforms. It is also the official exclusive cryptocurrency that operates on the Socios.com fan voting portal. The usefulness of the Chiliz token is to provide fans and organizations that join the Socios.com platform with a right of vote and opportunity to participate in the decision-making process.

Chiliz

Synthetix Network Token (SNX) (formerly known as Haven) is a kind of crypto asset network that allows its users and investors to create synthetic assets within the system itself. The Synthetic Network Token (SNX) is a token that runs on the Ethereum platform. Assets are managed through smart contracts. It allows SNX transactions to transfer tokens between accounts.

Synthetix Network Token

Waves (WAVES) is a coin of a platform that is intended so that users can store, trade, manage and issue their own digital assets in a safe and easy way. The Waves blockchain processes hundreds of operations per second. Tokens created on the platform can be used for voting, loyalty programs and discount programs.

SushiSwap (SUSHI) is a native token of the SushiSwap ecosystem which appeared in August 2020. It is used to reward liquidity mining. In other words, SUSHI is used as a reward when you join Liquidity Mining on some pools. SUSHI is a fork of the Uniswap project. So, when using Uniswap, 0.3% of all trading commissions in the pool are distributed proportionally to the group's liquidity providers.

SushiSwap

Mirror Protocol

Decred (DCR) is an open, progressive and self-financing cryptocurrency with a community-based management system integrated into its blockchain. The advantages of DCR are decentralization, mining accessibility and using the Proof of Stake (PoS) method.

Hedera Hashgraph (HBAR)  is a token that is used for all transactions within the platform which was launched in August 2018. The coin also serves to protect the network from certain types of cyber-attacks. Thanks to the consistent Proof-of-Stake (PoS) algorithm, HBAR has an attractive feature: users can earn coins by placing their tokens for the node to work.

Hedera Hashgraph

Elrond (EGLD) is a cryptocurrency based on the blockchain with the same name, which aims to create a new architecture designed to significantly increase the speed of transactions. Elrond is a scalable and fast network, which wants to create a new Internet economy based on distributed applications. 

Elrond

Dash (DASH) is digital cash on the blockchain basis, using the anonymous transaction mechanism. It is possible to make instant, private payments online or in-store using Dash. DASH has no centralized control, so emissions occur during mining.

Zcash (ZEC) is the first accessible and open cryptocurrency that can fully protect the confidentiality of the transactions through a cryptographic protocol "Zero-knowledge proof". Zcash transactions are shown in a public blockchain, however, the sender, the receiver and the transaction amount remain private.

CELO is a cryptocurrency of a global payment infrastructure that uses phone numbers instead of public keys. Celo aims to make cryptocurrencies available to anyone who has a smartphone, even to people deprived of banks or any other financial institutions. CELO makes dApps and smart contracts part of the system, expanding for its users benefits and opportunities within the network.

Celo

WazirX (WRX) is a utility token that underpins the WazirX ecosystem. The WRX token is issued on the Binance blockchain. Holders of WRX tokens will be rewarded with various benefits on the WazirX exchange - a discount on trading commission (unlocking and obtaining a WRX token by placing trades), a discount on margin trading, and more.

WazirX

Zilliqa (ZIL) is a token of the newest high bandwidth blockchain platform. The uniqueness of this system lies in the fact that it can scale without sacrificing stability and security. It is built in such a way that its throughput and the commission's amount depends on the number of nodes in the network.

Decentraland (MANA) is a token based on the blockchain which is a virtual world where each member of the system are able to purchase a digital land property, making it unique, as well as cooperate with other users within the whole system. The landowner can give other users the right to use their property and specify what they can do with it. MANA may be used for trading services and goods provided by users.

Yearn.finance (YFI) is a native token of the yEarn Finance project (formerly known as iEarn Finance) which was launched on July 17, 2020. Token holders have the right to vote on upcoming network management decisions, such as the possible ending of an entirely new token distribution. YFI Creator, Andrey Cronje stated that the token has no intrinsic value.

yearn.finance

KuCoin Shares (KCS) is a token made in China which is compatible with ERC-20 and based on the Ethereum blockchain. The token sale started in September 2017 on the KuCoin exchange market. Users can have a discount for the trading rates or earn 40% revenue share by drawing other traders to the platform.

KuCoin Shares

NEM (XEM) is a cryptocurrency written on Java and JavaScript. NEM is significantly ahead of Bitcoin and Etherium in its technological effectiveness and speed of transactions due to the fresh decisions in the NEM code and the use of the “Proof-of-Importance” algorithm.

DODO is a liquidity providing (LP) cryptocurrency that utilizes the PMM - Proactive Market Maker oracle-powered algorithm which leverages on-chain and contract liquidity. The PMM model gives real-time responses to liquidity restrictions while adapting to the changing market conditions. The token is used at the DODO platform that is an Ethereum-based exchange.

DODO

Enjin Coin (ENJ) is a digital token of a platform for creating gambling applications. With ENJ, developers are able not only create virtual gaming products but also implement them. Enjin describes itself as the “largest online gaming community platform” and supports over 300 000 gaming communities with 19 million registered gamers.

Verge

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