Formally known as Zcoin, Firo is a cryptocurrency with a focus on being private digital cash. Using its Lelantus privacy protocol, users can burn their coins and redeem them in the future. The upside of this is that the newly-created coins have no transaction history, making them private.
Prior to this protocol, it first created and launched a practical implementation of the Zerocoin protocol, which became one of the most used privacy protocols. Later on, Sigma and, afterwards, Lelantus replaced Zerocoin due to its cryptographic flaws.
How To Buy Firo or Add it to your strategy
The fastest, most convenient way to purchase Firo is to purchase it on ICONOMI. We check Firo live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Firo by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Firo is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Firo, we recommend you read the next section, as copying might be a better approach.
Add Firo to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Firo in their structure.