Monero

Halal Rating :
Comfortable
Last Price $136.10 Last updated:
Rank 47
1D Change 1.43 %
Market Cap $2.51b
Circulating supply 18,438,202
Maximum supply None

Crypto Overview

Categories
  • Mineable
  • PoW
  • Medium of Exchange
  • Privacy
  • RingCT
  • BoostVC Portfolio
  • Electric Capital Portfolio
  • Galaxy Digital Portfolio

Monero (XMR) is a reasonably private digital currency, which is fast, secure, and untraceable currency. It was launched in 2014 and is completely donation-based and community-driven [16]. The main focus of Monero is a strong focus on decentralization and scalability.

Crypto Impact

To assign a comfort level investing in Monero from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Monero.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating