Exchange Firo Fast Without KYC

Introduction to Firo

Firo, formerly known as Zcoin, is a privacy-focused cryptocurrency that has made significant strides in the blockchain space since its inception. It was founded by Poramin Insom in 2016. With a strong emphasis on privacy protocols and cutting-edge technology, Firo has garnered attention for its commitment to anonymity and security features.

Firo utilizes the Lelantus privacy protocol which allows users to burn their coins and redeem them later for brand new ones that do not have any transaction history.

Features of Firo

Firo has a finite maximum supply of just 21.4 million, making it close to the maximum supply of Bitcoin. Like Bitcoin, it uses a proof-of-work (PoW) mechanism for mining new coins.

Whilst all transactions are publicly viewable, the ability to simply burn coins and redeem them for brand new ones means it's possible to hide the history of any coin's origin. This cements the status of Firo as a privacy coin, albeit one that takes a unique approach to rivals such as Zcash and Monero which allow for obscuring individual transactions.

Adoption of Firo

Firo hasn't enjoyed as much attention as the likes of Monero and Zcash, but it is impressive in terms of its technology and it accepted on many major exchange platforms, including Binance, Gate.io and Bittrex, to name just a few. Many believe it has strong growth potential for the future given its relatively low market cap when compared to the larger privacy coins.

How can I exchange Firo on Incogex?

Whether you have Firo you wish to swap for another cryptocurrency, or have another cryptocurrency you wish to exchange for Firo, Incogex can help you do this in a matter of minutes without any registration and low fees.

Unlike most cryptocurrency exchanges we don't require any registration or 'KYC' (Know Your Customer), ensuring your anonymity and privacy are respected at all times. We offer a wide selection of cryptocurrencies that can be exchanged for Firo.