What is Verge Coin (XVG): Guide for Newbies

At first Verge Coin started as the DogeCoinDark. The cryptocurrency created in 2014, and developed by a single coder known only as Sunerok. However, in 2016, it rebranded to Verge Currency. Its coin XVG is listed on major crypto exchanges such as Binance, Changelly, and Bittrex.

Verge coin – anonymous cryptocurrency

You probably know that one of the main reasons why cryptocurrencies led by Bitcoin raised so much hype is the privacy and anonymity they’re offering. With the help of blockchain technology and its encryption features, cryptocurrencies allow a high level of privacy and anonymity.

Here are some benefits of using the Verge for transactions:

  •    Verge transactions are immutable and charges cannot be reversed.
  •   Transactions are fast. Since there is no third party involved, there is no waiting period, and transaction time varies between 5 and 10 seconds.
  •   Transaction costs are low. While credit cards usually have between 2% and 4% charge fee, Verge’s charge fee is only 0.1%.

Verge coin is an anonymous coin just like Monero and Zcash. In order to conceal a user’s IP address, Verge uses Tor and I2P routing. That means that using Verge you can do anonymous transactions with shorter turnaround time. Also, according to its website, XVG coins “can be sent and received over Twitter, Discord and, Telegram.“

Verge coin – teaming up with Pornhub

In April 2018, Pornhub, the adult content website, announced that it will start accepting Verge cryptocurrency as a payment option. Users can pay for any Pornhub features, including a Premium subscription, using Verge cryptocurrency.

Moreover, two other adult content websites, Brazzers and Nutaku, are accepting Verge cryptocurrency as a form of payment.

Final words

When it comes to privacy and anonymity in coins, the Verge has a special place. For example, while most crypto coins are built to run a single mining algorithm, Verge allows five of them. Also, it has wallets for the biggest and preferred platforms such as Android, Apple, Linux, Windows, and OSX.

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