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Monero (XMR) is the 31st largest cryptocurrency in the world by market cap, valued at $3,091,095,797. The current price of Monero is $169.54, which is -2.440% lower than yesterday. Prices have ranged between $178.28 and $170.31 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2023 10:01 UTC.
Monero (XMR) is a decentralized, untraceable digital currency designed to provide secure and private transactions. A fork of Bytecoin, Monero is built on the CryptoNote protocol and uses a number of features to obscure the origin, amount and destination of transactions.
This digital coin aims to offer a feature important to many cryptocurrency users: privacy. While the world’s best-known cryptocurrency, Bitcoin, is widely perceived by the general public to be completely anonymous and untraceable, this isn’t actually the case, and it’s this lack of privacy that Monero aims to address. An open-source, crowdfunded project, Monero offers a decentralized and anonymous cryptocurrency that it claims is untraceable, unlinkable, secure, private and resistant to blockchain analysis.
This high level of privacy also means that Monero offers fungibility, which means that every coin has equal value and is interchangeable. Because no two Monero coins are distinguishable from one another, this removes the risk of XMR (the native token of the Monero network) being refused by vendors or exchanges due to its association with previous transactions such as theft.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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Best site with low exchange rates
Hi Peter,
Thanks for getting in touch with finder. I hope all is well with you. :)
Let me see if I have this correct, you want to know which Monero exchange has the best fees? If this is your question, then the answer depends on your needs and preference. To compare your options, it would be helpful to use our table found above this page. Click on the “View details” to know the fees for each exchange. If you want to know more, you can click on the name of the exchange to read our individual reviews. Once you found the right exchange, please click the “Go to site” green button to be redirected to their website.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
I am doing mining from several days and using monero wallet. i am not able to see my monero balance in wallet when signing in with secret key. however i am able to see my balance when I am searching with my wallet address in pool website (nanopool) search bar also able to see worker machines details.
can you please explain why this is happening
Hi Pawan,
Thanks for getting in touch with finder.
One of the most common reasons this may happen is a failure to sync. You may want to wait for about 24-48 hours more to see whether your missing balance will reflect your account or not.
Another reason is that you Monero isn’t mined directly to your wallet. It’s held in the pool and you will only see it until you exceeded the minimum payout amount.
Please note that we are not affiliated to any cryptocurrency wallet. Thus, we can only offer general advice. You might want to directly get in touch with your wallet’s developer or someone else who might have the right knowledge to help you. You may also want to search the Internet or join forums to get a more personalized answer.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua