Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. By default, details about senders, recipients and the amount of crypto being transferred are obscured. It's been increasingly used for illicit transactions instead of Bitcoin, especially on darknet markets. Governments around the world, especially the U.S., have offered hundreds of thousands of dollars to anyone who can crack Monero's code. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. The project's biggest aims are to achieve the greatest level of decentralization possible. The Monero team says this offers an upper hand over rival privacy coins such as Zcash.
Monero (XMR) coin's current price is 222.475USD. The last 24-hour trading volume of Monero is $130.94M. XMR price has increased by 3.00% in the last 24 hours. It has a circulating supply of 17.85M coins, and the total market cap of Monero is $3.97B. Users can use Binance, Bitfinex, or other cryptocurrency exchanges to purchase Monero with USD utilizing their bank account and credit cards. Use the Aurox Terminal to purchase Monero across multiple exchanges, track and view Monero price charts, as well as utilize our proprietary signals and indicators to help you predict the market.
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Feb 10, 10:00:03 AM | Cointelegraph By Helen Partz
The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website.
Jan 2, 02:00:13 AM | Nick Chong
Monero (XMR) is the worst-performing crypto asset of the past 24 hours. The privacy-focused coin is down 15% in the past day, pushing below key support levels amid a strong drop level. Chart of XMR's price action over the past week from TradingVie...
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If Bitcoin seeing a minor correction or consolidation in the next few days could benefit select altcoins.
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