XMR Exchange Rate
At the moment, Monero price is 164.22$ and over 7466865.24 XMR is in circulation.
Live Monero Price Chart
XMR Price Change and Market Cap
Currently, XMR price is 164.22$ and the 24-hour change is -1.30%. The market cap of Monero today is $7378456 with a total of 44930 XMR in circulation. In the past 24 hours, XMR price peaked at 168.2$ and the least price was 163.7$.
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.
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.
Monero is a privacy-oriented cryptocurrency which provides anonymity to the users while transacting value. On ChangeHero you will be able to get a similar experience during the Monero exchange as you will not be required to create any accounts or go through a KYC procedure. For example, you will be able to convert Monero to BTC and vice versa, exchange BTC for Monero. You can choose from the Best Rate and Fixed Rate for your Monero exchange. You can be sure that your XMR exchange will be processed super fast at the best possible rates in the market.
Enter the amount and provide your address
Choose the XMR pair you want to trade and input your Wallet address(es).
Confirm your transaction
Check all the data once again and confirm your transaction.
ChangeHero will generate a deposit address, use your Wallet to send funds there.
Wait for the exchange to complete
Wait a few minutes — your assets are on the way to your Wallet!
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.
Frequently Asked Questions
What are the fees for Monero exchange?
We charge a reasonable fee of 0.5% on your XMR exchange.
Is Monero safe to use?
Monero is a privacy-oriented cryptocurrency which obfuscates the addresses and transaction details to provide anonymity to the user. These unique features make it safe to use for conducting transactions.
How long does it take to process Monero exchange?
It takes around 15 minutes to process your XMR exchange. However, it may vary depending on the blockchain.
Do I need to complete a KYC procedure to exchange Monero?
You can exchange XMR without KYC procedures. However, we may ask you to verify your identity if our security system raises an alarm.
Do I need to signup for ChangeHero to exchange Monero?
You don’t have to worry about registrations on ChangeHero. You can exchange XMR without an account.
How many blockchain confirmations are needed for XMR?
We consider Monero received after 8 blockchain confirmations.