Monero Price for today is $126.008. Its current circulating supply is XMR 17,737,213.10 with a market cap of $2,235,025,533.45.
24h % PRICE
7d % PRICE
It is one of the world's most recognized and respected privacy coins. This coin has a very interesting origin. Back in 2014, a Bitcointalk forum contributor named “Thankful_for_Today” forked the code for Bytecoin and called it BitMonero. Thankful_for_Today then exited the development stage and after a few days, a group of developers that included Johnny Mnemonic took over the forked project and renamed it Monero. The crypto had strong privacy and this led to the strong growth of the community, and by 2016, it had the highest transaction volumes of any crypto. However, the big break came in January 2017, when it was adopted by Gregory Maxwell (Bitcoin core developer)’s algorithm called confidential transactions for hiding amounts that were being transacted. This initiated a significant gain, and during the 2017 crypto bull market, it peaked at an all-time high of $495.84. Both the complete beginners and the experienced traders can check out our Monero price prediction.
One of its key features is its ring signatures. This is the way of ensuring that transactions cannot be traced back to the sender. Essentially, it's like putting a hundred fingerprints on a dollar note making it impossible to determine who it belongs to. Another interesting feature is the Public-View feature. This feature allows the sender to let other people see their public address if the need arises. This feature lowers the risk of the project getting in trouble with regulators due to its highly advanced privacy capabilities. It also has an in-built scalability feature. This works by allowing the network to review all past transactions and automatically make changes to the block-size to factor in an increase in transaction volumes.
Like all other cryptos, you need a way to exchange XMR to other coins, or cash. This can be for trading, or to get money for whatever reason. For trading purposes, one might find it necessary to convert XMR to a stable coin such as Tether (USDT) in times of market volatility. To convert your currency, you need a Monero converter that is fast, easy to use, and has low fees. ChangeNOW.io XMR converter offers all of that, and more.
ChangeNOW.io is the best Monero exchange to convert your XMR into any coin of your choice. The platform allows users to exchange Monero for Bitcoin and more than 200 other cryptos. The best part is that you do not need to register, and this XMR Exchange has no upper limit.