Top 3 Privacy Coins Below $10M to Watch in November 2022

Privacy Tokens are known for one distinct feature of protecting users’ transaction addresses, enabling a non-disclosure of identity. Traders who want financial privacy uses these tokens to remain anonymous while dealing with the DeFi sector. Privacy Tokens has a total growing market capitalization of $4,943,262,912 and a total trading volume of $281,555,068, having Monero’s XMR on top of this list with a massive market cap of $2.41B.

Note: This List is sorted by their market capitalization from lowest to highest

Safex Token (SFT)

  • Unit Price: $0.001085
  • Market Cap: $2,045,905
  • Distinct Features: The Safex platform allows for direct cryptocurrency e-commerce, which reduces transaction times. Without using middlemen, businesses can get back in touch with their customers directly.

A decentralized open-source technology called Safex creates a network that enables eCommerce to use bitcoins with more privacy. This network enables new ways to earn cryptocurrency that can be used to buy real-world things anywhere in the world.

Safex is a native Safex Blockchain-based open-source, decentralized marketplace platform with privacy in focus.

The Safex marketplace blockchain uses Safex Token as a utility that enables users to create accounts, create marketplace stores, and take part in revenue sharing.

By utilizing the Safex marketplace platform, it is intended to give users back control over their purchasing power.

Exchange: SFT is currently trading live on Xcalibra.

Zano (ZANO)

  • Unit Price: $0.3182
  • Market Cap: $3,636,788
  • Distinct Features: Users can establish fully customizable contracts using their escrow service, which is simply a mechanism that enables any agreement requirements to be obeyed by all parties in a trustless manner.

According to Zano’s website, it is a scalable and secure coin made for e-commerce. The blockchain’s technology is dependable, secure, and adaptable, making it the ideal choice for P2P transactions.

Ring signatures and stealth addresses help make transactions between Zano network users untraceable. Additionally, only authorized parties are able to access transaction data kept on the blockchain, and no private information is ever made available to the public.

All Zano transactions have their confidentiality hard-coded into the core. They have increased each user’s level of privacy by hiding all sending and receiving addresses.

Exchange: ZANO is currently trading live on STEX, TradeOgre, and qTrade.

Findora (FRA)

  • Unit Price: $0.001587
  • Market Cap: $7,314,616
  • Distinct Features: Operating a Findora validator on the Testnet or Mainnet does not require any additional permission or consent from anyone. Through the Findora CLI, validator operators can configure and manage their servers.

Findora is a public blockchain with configurable privacy.  Findora makes use of the most recent developments in zero-knowledge proofs and multi-party computation to give users transactional privacy with limited auditability.

A decentralized, privacy-protecting smart contract platform called Findora, where users can build the next privacy decentralized application (dApp) for any EVM-chain using the most advanced zero-knowledge technology and explore all new opportunities.

The special product line from Findora offers the best-decentralized security, high scalability, and privacy solution for any smart contracts.

Exchange: FRA is currently trading live on CoinTiger, KuCoin, Gate.io, ZT, and Jubi.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/top-3-privacy-coins-below-10m-to-watch-in-november-2022/