This privacy-focused cryptocurrency leans heavily on its strong community backing for success. Though this asset has recently taken a tumble thanks to the bear market, there is still a significant number of holders waiting to pick up the rebound. If you're patient then this could possibly be a good play for you.
A DeepOnion investment also comes with the benefit of allowing you to earn some monthly income if you're interested in getting started with Proof of Stake coins. You can do this on virtually any computer, and it's like a lightweight version of mining.
The developers behind this project have lots of great stuff on the roadmap that could lead this coin to success. That includes their new Vote Central initiative, which allows users to help decide on the direction that the project takes. However, one of their most exciting additions will be to add Zero Knowledge protocol, which is likely the future of privacy coins.
There's no set date for this development, but it is on the roadmap and will likely be available sometime within the next couple of years. If you're interested in what this project has to offer, then now is a good time to start accumulating before the price rises again.How to buy?
Investors can buy DeepOnion on a large number of exchanges, making it very convenient for them to make an investment here. Bitcoin is the highest value trading pair available, but you can also choose to use ETH or DOGE if you'd prefer. The trading volume is not substantial, but it is decent enough for you to make a trade quickly and for a good price.
In order to store your new coins, you'll need to download the official wallet from the project's website. The developers have created installation packages for most operating systems, and you'll be able to get a wallet for Windows, Mac or Linux. While they do have mobile wallets as well, it's recommended that you download the desktop client version. This is a staking wallet, and if you don't use the desktop version then you'll miss out on free coins you would get from staking! After downloading and installing, make sure to encrypt your wallet file with a strong password and create a backup for it in a safe place.