Monero Price Reaches $133.88 on Major Exchanges (XMR)

Monero (XMR) traded down 1.2% against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on May 14th. Monero has a market cap of $2.47 billion and approximately $44.86 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be purchased for $133.88 or 0.00216518 BTC on popular cryptocurrency exchanges. Over the last week, Monero has traded up 1% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $61,835.01 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 4.7% against the dollar and now trades at $0.15 or 0.00000241 BTC.
  • Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $436.11 or 0.00705282 BTC.
  • Litecoin (LTC) traded down 0.8% against the dollar and now trades at $81.09 or 0.00131134 BTC.
  • UNUS SED LEO (LEO) traded 1.4% lower against the dollar and now trades at $5.89 or 0.00009525 BTC.
  • Ethereum Classic (ETC) traded 2.4% lower against the dollar and now trades at $25.90 or 0.00041880 BTC.
  • Arweave (AR) traded 0.2% lower against the dollar and now trades at $38.94 or 0.00062978 BTC.
  • Bitcoin SV (BSV) traded down 1.5% against the dollar and now trades at $60.72 or 0.00098198 BTC.
  • eCash (XEC) traded up 4.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Conflux (CFX) traded 1.2% lower against the dollar and now trades at $0.21 or 0.00000333 BTC.

Monero Coin Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. It was first traded on April 18th, 2014. Monero’s total supply is 18,436,417 coins. The official message board for Monero is forum.getmonero.org. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. Monero’s official website is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here.

According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.”

Buying and Selling Monero

It is usually not presently possible to buy alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to trade Monero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Monero using one of the aforementioned exchanges.

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