all I know is bitcoin and privacy coins like Monero that are commonly used there. but there are some people who say DASH, XRP and ethereum are also often used. but honestly I'm a little doubtful about that.
bitcoin was the first choice for transactions on the deepweb. but after popular menero, XMR was number one.
Topic: What type of Cryptocurrency is used in the Deep Web for transactions? - page 4. (Read 785 times)
November 14, 2019, 06:06:02 AM
November 14, 2019, 05:28:38 AM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
AFAIK,they will accept bitcoin on most sites because I visited many darkweb sites and found bitcoin as the payment option.I never found any altcoins for payment method since I am not using darkweb much,just google will be enough for me. November 14, 2019, 05:11:15 AM
Its still bitcoin as per the news surrounding the internet, but those who understands what privacy means will use monero instead for better privacy and security
November 14, 2019, 04:57:31 AM
The most popular coin accepted is Bitcoin. As in October this year U.S. and Korean authorities busted child porn criminal, they use Bitcoin as payment method.
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November 14, 2019, 04:55:05 AM
BTC, XRP and ETH are the main currencies which most services and marketplaces are accepting,
While you are correct here that these are most used and also not all the deep web are illegal, I think OP was looking for the specific answer to the illegal one which uses mostly BTC, XMR and sometimes DASH too. I don't have much idea on these although but I am pretty sure that BTC & XMR are the most used. There are so many privacy coin like XMR, DASH, ONION, PIVX etc which ensure private transaction but not each of the coins are not accepted because of the liquidity problem. 
November 14, 2019, 04:40:10 AM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
One of the recent study put bitcoin on the top spot. Deepweb is already a heaven for anonymity and bitcoin just adds up to that. Bitcoin is readily accepted in almost all of the sites accepting payments.
Monero comes in the second, the most used privacy focused coin. Monero is specially popular with illegal drug traders.
Bitcoin used to be the top choice but the deepweb terrain has changed a lot ever since it is proven that Bitcoin's privacy is not comparable to the likes of Monero and other coins that are focused mainly on privacy features. And then since the crypto world is getting bigger with a lot of other coins that offer lower fees and faster transactions, there seems to be no more monopoly of coins used in the deepweb.
November 14, 2019, 04:38:52 AM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
I can not say for sure that this one is being used on the deep web. I used to surf the deep web a long time ago, but I have never traded with anyone. In fact, i think most of the useful ones can be used. In the past, only Bitcoin was reliable, but now the market is much larger. There are other choices to choose from. 
November 14, 2019, 04:33:40 AM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
One of the recent study put bitcoin on the top spot. Deepweb is already a heaven for anonymity and bitcoin just adds up to that. Bitcoin is readily accepted in almost all of the sites accepting payments.
Monero comes in the second, the most used privacy focused coin. Monero is specially popular with illegal drug traders.
November 14, 2019, 03:37:29 AM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
I really can't say but i can't think of anything than privacy coins like monero and the rest to keep their tracks 
November 14, 2019, 03:24:14 AM
Yeah, no doubt that bitcoin still reign as the top crypto being used in the deep web because cyber criminals still thinks that it is (psuedo)anonymous. And according to Chainalysis, Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year.
And that's why up to this day, governments around the world are still taking a hard line stance against Bitcoin because of this data and I think criminals will still used it even though there's privacy coins such as Monero.
And that's why up to this day, governments around the world are still taking a hard line stance against Bitcoin because of this data and I think criminals will still used it even though there's privacy coins such as Monero.
November 14, 2019, 12:45:31 AM
Bitcoin still is the primary crypto payments in dark webs. Bitcoin mixers can still be used in particular countries if it isn't illegal to them but some crypto coins are also used like litecoin and xmr. And I've heard this before, i forgot where i read it here in the forum. Since Monero has a strong privacy content and features, it was the most widely used crypto coin payments in dark web.
November 13, 2019, 10:05:36 PM
I haven't been to the dark web, but regarding to some articles that I have read so far and videos I rwatched about the dark web bitcoin is one of the most common crypto used in the dark web. I guess crypto would be the safe haven for those who pay services on the dark web due to its anonymity.
November 13, 2019, 09:38:18 PM
I think that BTC and LTC are 2 popular coins that have existed for a long time and it could be 2 coins that are frequently used for transactions on them.
In general, content on the deep web (including the dark web) contains the following:
Selling weapons without a license
Child pornography
Selling malware, pirated software and hacking instructions
Selling illegal drugs
Sell stolen credit card information and user accounts
Selling fake documents and currency
Recruit killer
Gambling
Money laundering
Interior exchange
In general, content on the deep web (including the dark web) contains the following:
Selling weapons without a license
Child pornography
Selling malware, pirated software and hacking instructions
Selling illegal drugs
Sell stolen credit card information and user accounts
Selling fake documents and currency
Recruit killer
Gambling
Money laundering
Interior exchange
November 13, 2019, 09:24:14 PM
Bitcoin is very commonly used in the dark web but due to the high transaction fees, some others prefer to use altcoins. Like Monero, Ethereum, Litecoin, Bitcoincash, and Dash. But Litecoin has emerged as the second-most popular cryptocurrency that being used in the Darkweb.
See this link, https://www.investopedia.com/news/litecoin-gains-ground-bitcoin-dark-web/
As we can see, Litecoin has gained 30% that has made transactions in the Darkweb aside from Bitcoin that mainly use.
See this link, https://www.investopedia.com/news/litecoin-gains-ground-bitcoin-dark-web/
As we can see, Litecoin has gained 30% that has made transactions in the Darkweb aside from Bitcoin that mainly use.
I am also curious about it, so most of them are using litecoin instead of bitcoin and ethereum as I saw that only 9% are using ethereum. What in my mind when I saw this topic is that they should be using bch and ethereum.
But I never though dash and litecoin are the top 2 currencies of deep web transactions, I understand litecoin but dash is currently rank 22 in coinmarketcap so I am a little bit surprise by their choices of transactions.
November 13, 2019, 08:17:13 PM
I think anything can be used as long as there is an agreement between the seller and the buyer. But usually, what I see most sellers choose to accept bitcoin as payment. Some have received with ethereum. I only saw someone posting it because I haven't opened the deep web for a long time. But it will not change until now. Yes all returned to each person. Because buying and selling should not be too entangled.
November 13, 2019, 05:43:55 PM
I don't dive there but before it was bitcoin to be the top choice but when bitcoin is going mainstream it was changed to Monero because it's anonymity. There's still a lot of transaction that happens there which is paid through bitcoin because this is the most preferred coin of merchants there.
We now have an idea on what's the other altcoin that's also being preferred by most people there, I didn't expect that it's gonna be Litecoin.
Bitcoin is very commonly used in the dark web but due to the high transaction fees, some others prefer to use altcoins. Like Monero, Ethereum, Litecoin, Bitcoincash, and Dash. But Litecoin has emerged as the second-most popular cryptocurrency that being used in the Darkweb.
See this link, https://www.investopedia.com/news/litecoin-gains-ground-bitcoin-dark-web/
As we can see, Litecoin has gained 30% that has made transactions in the Darkweb aside from Bitcoin that mainly use.
See this link, https://www.investopedia.com/news/litecoin-gains-ground-bitcoin-dark-web/
As we can see, Litecoin has gained 30% that has made transactions in the Darkweb aside from Bitcoin that mainly use.
We now have an idea on what's the other altcoin that's also being preferred by most people there, I didn't expect that it's gonna be Litecoin.
November 13, 2019, 05:42:15 PM
If you're just talking about the marketplaces, Monero and Bitcoin are two of the more popular ones I've observed being used over the years surprisingly, and even though by logic it makes more sense to use Monero for its generally better security and anonymity, most places primarily accept Bitcoin and then other alts like Monero and Litecoin when possible, especially recently. Bitcoin still being so popular on these sites is probably at least a minor part of why mixers are still as popular as they currently are too, though there's also a large number of people who use mixers that just want to stay at least semi-anonymous.
November 13, 2019, 05:38:22 PM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
It depends on whether you are engaged in legal or illegal business. If you are going to be involved in legal business, the receiver will not look for privacy. However, in illegal business untraceable coins are more preferred. Anyway, if you are a buyer, the seller will tell you how to pay. November 13, 2019, 02:45:00 PM
I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives.
The main developments regarding this trend are on the Darknet markets, several of which also accept Monero, or in some cases exclusively trade in it.
November 13, 2019, 01:13:59 PM
I have not made any personal transactions within the deep web of the internet but i have read that it basically bitcoin and ethereum that are mostly used. But making transactions within the deep web is risky and i would advise you stay away from them before you lose your cryptocurrencies to some scammers.
Its speculative that is why it is never suggested to have some transaction in deep web because you can't easily say people's true intention, it is the reason why some people ended up feeling remorse after making transaction within deep web because of losing their funds and assets. I'm actually curious about what is going on there but there is something about it thats makes me afraid maybe the thoughts and opinions of other people towards it. Well as far as I know they are usually using bitcoin. Jump to: