XMR to TUSD conversion chart
Monero to TrueUSD correlation
XMR and TUSD are not correlated to each other as XMR’s value depends on the supply and demand. Whereas, TUSD is a stable coin which is backed by traditional fiats like the dollar and the euro. TUSD’s value remains the same, which is $1 regardless of the market conditions. Hence, XMR and TUSD do not share a strong relationship.
XMR Price Change and Market Cap
Currently, XMR price is 160.20 TUSD and the 24-hour change is -1.76%. The market cap of Monero today is $220281 with a total of 221453.87 XMR in circulation. In the past 24 hours, XMR price peaked at 166.4 TUSD and the least price was 155.35 TUSD.
Monero Price Prediction
XMR price during the initial years of its launch grew at a steady pace and there were no dramatic fluctuations. Monero price sky-rocketed in 2017 and recorded its all-time high, $495.84, on January 7, 2018. At the beginning of 2020, Monero price was just under $50. The first two months sparked hopes for a bull run in the community when the Monero price increased almost twofold. Bears were quick to hit the market once again in March following the economic recession and COVID-19 pandemic which lead to the fall of Monero price back to where it began the year 2020, which is around $50. By the end of June, the same year, the XMR price increased gradually to $60.
Monero price predictions suggest that by 2025 Monero price would be around $250 which is a very reasonable prediction considering the historical performance of XMR. In a more distant future, we may see Monero reach new heights. Monero is a unique offering from the crypto community to the masses to safeguard their identity while transacting money.
Monero Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store XMR, monitor live Monero prices and also exchange it from ChangeHero without leaving the application.
XMR to TUSD exchange margin
The closing conversion rate for XMR to TUSD yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XMR to TUSD would result in an output of 160.20 TUSD.
How to convert Monero to TrueUSD
Monero and TrueUSD comparison
In contrast to Monero, True USD belongs to a new domain of cryptocurrencies called stablecoins. Every TUSD token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind True USD publishes real-time data about the escrow accounts holding USD.
What is Monero?
Monero is one of the first cryptocurrencies with a privacy-centric approach. Monero began with the whitepaper in 2013 by Nicolas van Saberhagen. Later, Bitcoin developers Gregory Maxwell and Andrew Poelstra joined the development. Finally, Monero was launched in April 2014, it runs completely with the support of community development and is completely decentralized.
Unlike other cryptocurrencies, Monero blockchain is designed to be opaque. Monero uses ring signatures, ring confidential transactions and stealth addresses to ensure the privacy of the users. Some of the noticeable features of Monero include fungibility which makes it impossible for companies to reject Monero due to the transaction history. Furthermore, Monero supports dynamic scalability in which there’s no pre-set block size limit. Monero trades with the ticker XMR and uses the Proof-of-Work consensus algorithm. Mining of Monero can be carried out with a personal computer and ASICs are not mandatory.
Monero to TrueUSD price details
XMR to TUSD Conversion Rate and Price
Currently, the conversion rate for 1 XMR equals to 160.20 TUSD. The 24-hour highest price of Monero in relation to TUSD was 166.4 TUSD and the lowest was 155.35 TUSD. In short, XMR price in relation to TUSD changed by -1.76%.
Instantly Exchange XMR to TUSD
On ChangeHero you can instantly exchange Monero to TrueUSD without registrations. You can easily convert XMR to TUSD in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XMR to TUSD exchange.
XMR to TUSD Best Rate Exchange
In the the Best Rate exchange of Monero to TrueUSD, we search through various exchanges for the XMR to TUSD pair and find the best rate available in the market. We provide you with an estimation of the amount of TUSD you will receive.
As soon as you accept the terms and the XMR is deposited, the exchange will be automatically processed. We remind you that the final amount of TUSD you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to TUSD.
XMR to TUSD Fixed Rate Conversion
In the the Fixed Rate exchange of Monero to TrueUSD, ChangeHero finds a good rate for the pair XMR to TUSD and fix the rate for up to 15 minutes. In the Best Rate exchange of XMR to TUSD, you will receive the exact amount of TUSD which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned TUSD address. ChangeHero is the best place to exchange XMR to TUSD fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XMR to TUSD?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XMR to TUSD?
No, you do not require an account to swap XMR to TUSD on ChangeHero. There will be no registrations for your Dogecoin to TrueUSD transaction.
Do I need to go through KYC procedures for XMR to TUSD exchange?
There will be no KYC for the XMR to TUSD exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange TUSD to XMR?
Yes, you can instantly exchange TUSD to XMR on ChangeHero.
