Bitcoin is really popular om the dark web and this is far from being a secret these days.
Privacy-oriented coins are also becoming more popular mainly because they provide anonymity on all 3 facets of the transaction – sender’s address, the receiver’s address, and the transaction amount.
Monero and Zcash outshined their peers
Data charted by Wallet Investor says that Monero came up trumps, while ZEC was the runner-up in terms of valuation over a period of one year.
AMBCrypto notes that BTC’s usage on the dark web has fallen a lot over the past few years and a few dark web sites have started to accept privacy coins as well.
The online publication notes that “According to previous reports, Monero was popularly used on the American and European dark web.”
The also note that “In a recent study by Mosaic.io, XMR followed Bitcoin in being accepted by several darknet merchant places. The report took into account around 50 leading darknet merchant sites, out of which 98% or 43 sites accepted Bitcoin, while 10 sites accepted XMR and 2 accepted ZCash.”