XMR to 1INCH conversion chart
Monero to 1inch Network correlation
Experts suggest that XMR and 1INCH have a strong relationship with each other and are correlated. Whenever there is a change in the price of XMR then 1INCH also tends to follow the same pattern and move together.
XMR Price Change and Market Cap
Currently, XMR price is 699.83 1INCH and the 24-hour change is 1.67%. The market cap of Monero today is $671221 with a total of 654848.05 XMR in circulation. In the past 24 hours, XMR price peaked at 711.82 1INCH and the least price was 671.14 1INCH.
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 1INCH exchange margin
The closing conversion rate for XMR to 1INCH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XMR to 1INCH would result in an output of 699.83 1INCH.
How to convert Monero to 1inch Network
Monero and 1inch Network comparison
Monero is widely popular for its privacy-oriented features. Besides, Monero by default obfuscates the sending and receiving addresses and the amounts in a transaction making it almost impossible for anybody to connect them to a person in the real world.
1inch Exchange is a decentralized exchange (DEX) aggregator. It works by outsourcing liquidity to integrated DEXs and lets users find and compare rates on multiple liquidity sources. The main competitive edge of 1inch is order splitting. When performing large exchanges through a DEX, the expenses and slippage may increase. A user had to either split their orders manually or exchange tokens at less-than-perfect conditions. 1inch protocols solve this problem and route the exchange through multiple liquidity sources to optimize fees and slippage.
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 1inch price details
XMR to 1INCH Conversion Rate and Price
At the moment, the conversion rate for 1 XMR equals to 699.83 1INCH. The 24-hour highest price of Monero in relation to 1INCH was 711.82 1INCH and the lowest was 671.14 1INCH. In short, XMR price in relation to 1INCH changed by 1.67%.
Instantly Exchange XMR to 1INCH
On ChangeHero you can instantly exchange Monero to 1inch Network without registrations. You can easily convert XMR to 1INCH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your XMR to 1INCH exchange.
XMR to 1INCH Best Rate Exchange
For the Best Rate exchange of Monero to 1inch Network, we search through various exchanges for the XMR to 1INCH pair and find the best rate available in the market. We provide you with an estimation of the amount of 1INCH 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 1INCH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to 1INCH.
XMR to 1INCH Fixed Rate Conversion
For the Fixed Rate exchange of Monero to 1inch Network, ChangeHero finds a good rate for the pair XMR to 1INCH and fix the rate for up to 15 minutes. In the Best Rate exchange of XMR to 1INCH , you will receive the exact amount of 1INCH 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 specified 1INCH address. ChangeHero is the best place to exchange XMR to 1INCH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XMR to 1INCH?
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 1INCH?
No, you do not require an account to swap XMR to 1INCH on ChangeHero. There will be no registrations for your Monero to 1inch Network transaction.
Do I need to go through KYC procedures for XMR to 1INCH exchange?
There will be no KYC for the XMR to 1INCH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange 1INCH to XMR?
Yes, you can instantly exchange 1INCH to XMR on ChangeHero.