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Which cryptocurrencies are commonly used for black market transactions involving USD to EGP?

avatarKulchePlusDec 25, 2021 · 3 years ago1 answers

What are some cryptocurrencies that are frequently used in black market transactions involving the exchange of USD to EGP?

Which cryptocurrencies are commonly used for black market transactions involving USD to EGP?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to black market transactions involving the exchange of USD to EGP, various cryptocurrencies come into play. Bitcoin, being the most prominent and widely accepted cryptocurrency, is often used due to its liquidity and ease of conversion. Monero, with its strong privacy features, is another cryptocurrency that is frequently utilized in these transactions. Its focus on anonymity makes it appealing to those seeking to keep their activities hidden. Additionally, Dash, known for its fast and private transactions, is also commonly used in black market exchanges. It's important to note that engaging in illegal activities is against the law and can have serious consequences. The use of cryptocurrencies for black market transactions should be strongly discouraged.