XMR Token XMR Token

$416.14 -1.11% XMR
Volume (24h)
$2,582,761
24h High
$420.43
24h Low
$406.83
Circulating Market Cap
$7,692,327,188
Total Market Cap
$7,692,327,188
Bid / Ask
$411.30 / $411.45
24h Trades
4,870

What is Monero (XMR)?

Monero (XMR) is a secure, private, untraceable digital currency, and a form of decentralized cryptocurrency that is based on cryptographically secure technology. 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. Monero (XMR) is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.

What is $XMR used for?

Monero (XMR) is used as a medium of exchange between individuals or organizations, allowing for fast and secure money transfers over the internet. It is also used to purchase goods and services, and can be exchanged for other cryptocurrencies or fiat currencies.

Who created Monero (XMR)?

Monero (XMR) was created by a group of developers in April 2014, led by a pseudonymous developer known as "thankful_for_today". The code was originally a fork of Bytecoin, but was heavily modified to provide additional privacy and security features.