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Veldt Education

Plain-English guides on crypto-for-bullion: how to pay with Bitcoin, spot vs premiums, storage & verification, reporting basics, and real-world buying tips.

Last Updated: September 17, 2025
what is monero privacy coin xmr

What Is Monero? (XMR) – Private Digital Cash Explained

Monero (XMR) is a privacy-first cryptocurrency designed to function like digital cash: transactions hide the sender, receiver, and amount by default. In this guide, we explain what Monero is, how its privacy works in plain English, the trade-offs to know, and practical tips for using Monero responsibly – especially if you’re exploring private ways to move value before purchasing precious metals.

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