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Why can't I receive or send privacycoins?

There are a number of reasons why you cannot receive or send privacy tokens, such as Monero and Zcash, on BCM. One of the main reasons is that these types of cryptocurrencies are often associated with illegal activities, such as money laundering and buying and selling illegal goods. As a result, many countries have laws and regulations that restrict the use of privacy tokens or require additional documentation and measures when they are used.

In order to comply with these laws and regulations, there are restrictions on privacy coins at BCM. Receiving and sending them is not possible. However, it is possible to trade privacycoins.