XZC

Overview of Firo（XZC）

XZC, formerly known as Firo, is a privacy-focused cryptocurrency traded on major exchanges such as Binance, XTRADE, and MEXC. Users can securely store XZC in popular wallets like Metamask and Binance Chain Wallet. For customer support, Firo maintains active communities on platforms like Telegram and Facebook.

Pros and Cons

What Makes Firo（XZC） Unique？

Firo (XZC) distinguishes itself through its advanced privacy features. Leveraging the Lelantus protocol, Firo enables users to burn their coins and redeem them for new ones, effectively erasing any transaction history and ensuring complete anonymity. This focus on privacy sets Firo apart in the cryptocurrency landscape.

How does Firo（XZC）Work？

Firo employs a unique burn-and-redeem model, powered by the Lelantus privacy protocol. Users can “burn” their XZC coins, effectively removing them from the blockchain and their transaction history. These burnt coins can then be redeemed for new, untainted XZC coins, ensuring complete privacy and fungibility.



Exchanges to Buy Firo（XZC）

Loop Network (LOOP) can be acquired on various cryptocurrency exchanges.

Binance: Want to buy crypto but don't know where to buy Firo？ No worries! Binance offers many options where you can easily buy several cryptocurrencies including Firo, with the lowest fees and highest security.

1	Create a free account on the Binance website or the app.
2	Choose how you want to buy the Firo asset.
3	Check the payment details and fees.
4	Store or use your Firo in Binance.

Buying link: https://www.binance.com/en/how-to-buy/firo

Gate.io: Global cryptocurrency exchange. Provides secure and user-friendly platform for trading Loop Network (LOOP) with various trading pairs and advanced trading features.

1	Create an Account on Gate.io
2	Complete KYC & Security Verification
3	Choose your preferred method to buy Firo (FIRO) Spot TradingOnchain DepositGateCode Deposi
4	Purchase successful

Buying link: https://www.gate.io/how-to-buy/firo-firo

Firo (FIRO), a privacy-focused cryptocurrency, can be traded on several major exchanges. The top exchanges supporting FIRO include Binance, Gate.io, and CoinEx. These platforms offer various trading pairs for FIRO and maintain significant trading volumes, ensuring liquidity and competitive pricing for users. Binance and Gate.io, in particular, are noted for their robust trading volumes, making them prominent choices for acquiring Firo.



How to Store Firo（XZC）？

Firo（XZC）can be stored in both Metamask WalletConnect,and SafePal.

Metamask:

Metamask is a popular browser extension wallet that supports XZC. To store XZC on Metamask, you need to add the Firo network manually by providing the network details. After adding the network, you can receive and send XZC tokens using your Metamask wallet.

WalletConnect:

WalletConnect is a protocol that allows you to connect your mobile wallet to decentralized applications (DApps) on your desktop. To store XZC using WalletConnect, you need a mobile wallet that supports XZC, such as the official Firo mobile wallet. You can then connect your mobile wallet to a DApp that supports WalletConnect to interact with XZC.

SafePal:

SafePal is a hardware wallet that provides secure offline storage for your cryptocurrencies, including XZC. To store XZC on SafePal, you need to install the SafePal app on your mobile device and create a wallet. You can then add XZC to your SafePal wallet by transferring it from another wallet or exchange.

Is It Safe？

Firo (XZC) is considered to be a safe and secure cryptocurrency due to its robust privacy features and commitment to security. The Lelantus privacy protocol, which allows users to burn and redeem coins, ensures anonymity and protection against tracing. However, as with any cryptocurrency, users must take precautions to safeguard their funds by using secure wallets, practicing good security hygiene, and being aware of potential risks associated with digital assets.

FAQ

What is Firo？

Firo (formerly known as Zcoin) is a privacy-focused cryptocurrency that utilizes the Lelantus protocol to provide users with strong anonymity and fungibility.

How does Firo's privacy work？

Firo's privacy relies on a unique burn-and-redeem model. Users can burn their XZC coins, erasing their transaction history, and then redeem them for new, untainted coins.

What is the Lelantus protocol？

The Lelantus protocol is a cryptographic protocol developed by the Firo team that enables the burn-and-redeem process, providing users with strong privacy guarantees.

Where can I buy Firo？

Firo can be purchased on various cryptocurrency exchanges, including Binance, Huobi, Gate.io, and others.

How do I store Firo？

Firo can be stored in various wallets, including Metamask, WalletConnect-compatible wallets, and hardware wallets like SafePal.

What is the future of Firo？

Firo continues to focus on privacy research and development, aiming to become a leading privacy-focused cryptocurrency and ecosystem. The project has a roadmap outlining future developments and goals.