Monero
XMR
Monero
XMR Price Now
$162.99 USD
-1.94%
Date of Issue: 17.04.2014
XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.... More

(XMR) Monero Live Price Data

The live Monero (XMR) price is $162.99, with a 24 hours Blynex trading volume of 709.33K. The price of XMR changed by -1.94% in the past 24 hours. With a circulating supply of 18,45M XMR and a maximum supply of 18,45M XMR coins. Monero currently ranks #28 in market cap. You have the option to purchase Monero (XMR) on the Blynex exchange.

Market Price 24h % 24h High 24h Low 24h Volume
XMR/USDT XMR /USDT $162.99 -1.94% 167.44546 161.6041 706053.628 Trade

About Monero (XMR)

Monero (XMR) is a privacy-focused cryptocurrency that ensures transactions are untraceable and confidential. Launched in 2014, Monero uses advanced cryptographic techniques to obfuscate transaction details, providing users with enhanced privacy. Buying XMR on Blynex Exchange is straightforward. Sign up, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Monero (XMR).

 

What is Monero (XMR)?

Monero (XMR) is a decentralized cryptocurrency designed with a focus on privacy, security, and untraceability. Unlike many other cryptocurrencies, Monero uses advanced cryptographic techniques such as ring signatures, stealth addresses, and Ring Confidential Transactions (RingCT) to conceal transaction details, including the sender, recipient, and amount. This makes Monero a preferred digital currency for users prioritizing anonymity in their financial transactions.

 

Monero was launched in April 2014 by a pseudonymous developer known as "thankful_for_today" as a fork of Bytecoin, based on the CryptoNote protocol. The project was subsequently taken over by a group of developers, including Riccardo Spagni (Fluffypony), and has continued to be developed by a decentralized, community-driven team. Monero’s open-source, collaborative nature ensures ongoing improvements and innovations focused on privacy.

 

Monero's blockchain prioritizes anonymity through a proof-of-work consensus mechanism that supports various privacy features. Ring signatures mix a user’s transaction with others, stealth addresses hide recipient information, and RingCT obscures transaction amounts. These combined features ensure all transactions on Monero are confidential, fungible, and resistant to censorship or tracking.

 

Monero has a unique tokenomics model featuring "tail emissions," meaning it will continually release a small amount of XMR even after the main supply is mined. This tail emission helps maintain network security by rewarding miners indefinitely, ensuring Monero’s network remains decentralized and robust over time without a set maximum supply cap.

 

With its unmatched focus on privacy, Monero is widely considered one of the leading privacy coins in the cryptocurrency market. Its advanced security features and commitment to continuous development make it a top choice for those seeking confidential financial transactions, cementing its place as a pioneering force in the world of private digital currencies.

XMR to local currency

  • 1 XMR to USD
    164.180
  • 1 XMR to EUR
    153.152
  • 1 XMR to AUD
    249.399
  • 1 XMR to KRW
    229,487.523
  • 1 XMR to JPY
    25,060.008
  • 1 XMR to GBP
    127.072
  • 1 XMR to INR
    13,855.648
  • 1 XMR to CAD
    228.373
  • 1 XMR to AED
    602.951
  • 1 XMR to RUB
    16,011.260

XMR to crypto currency

  • 1 XMR to BTC
    0.0021481962
  • 1 XMR to ETH
    0.0550210850
  • 1 XMR to USDT
    164.118
  • 1 XMR to BNB
    0.265
  • 1 XMR to SOL
    0.824
  • 1 XMR to XRP
    298.388
  • 1 XMR to ADA
    373.982
  • 1 XMR to TRX
    1,024.504
  • 1 XMR to LTC
    2.260
  • 1 XMR to TON
    33.404

Trade

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