Monero (XMR) 1-Day Volume Reaches $65.76 Million

Monero (XMR) traded 0% higher against the U.S. dollar during the 24 hour period ending at 22:00 PM E.T. on September 13th. Monero has a total market capitalization of $3.15 billion and approximately $65.76 million worth of Monero was traded on exchanges in the last 24 hours. One Monero coin can currently be purchased for about $170.77 or 0.00282497 BTC on major exchanges. Over the last week, Monero has traded 4.6% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 4.1% against the dollar and now trades at $60,451.47 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.2% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $336.01 or 0.00555835 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.74 or 0.00009492 BTC.
• Litecoin (LTC) traded up 4.8% against the dollar and now trades at $65.60 or 0.00108517 BTC.
• Ethereum Classic (ETC) traded up 1.9% against the dollar and now trades at $18.82 or 0.00031125 BTC.
• Arweave (AR) traded 3.4% higher against the dollar and now trades at $20.64 or 0.00034145 BTC.
• Bitcoin SV (BSV) traded up 2.8% against the dollar and now trades at $49.13 or 0.00081274 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 2.7% higher against the dollar and now trades at $0.15 or 0.00000241 BTC.

Monero Coin Profile

XMR is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its genesis date was April 18th, 2014. Monero’s total supply is 18,446,744 coins. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official message board for Monero is forum.getmonero.org. The official website for Monero is www.getmonero.org.

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 currently possible to buy alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to trade Monero should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the aforementioned exchanges.

XMR/USD price chart by TradingView