Monero price today.
Get information about the price of Monero so you can make better buying or selling decisions
How the value of Monero evolves
XMR is one of the cryptocurrencies preferred by traders, as all transactions are untraceable and absolutely confidential. In the crypto market, currencies capable of guaranteeing the anonymity of their users and their transactions are key to the future of digital assets, as they allow individuals absolute control over their own assets. You can quote, buy and track the price of XMR on our Cryptomkt platform.
What is Monero?
Monero (XMR) was born in 2014 with the goal of allowing all transactions on its network to be conducted privately. It is the only cryptocurrency designed to hide senders and recipients alike, by using advanced cryptography and also achieving the highest level of decentralization possible.
3 reasons to choose Monero
Monero was specifically designed to provide a high level of transaction privacy. It uses a ring signature protocol, which hides the sending and receiving addresses and obfuscates the transaction amount. In addition, Monero uses an ASIC-resistant hash function called CryptoNight to make mining more accessible and prevent large mining companies from dominating the network.
The Monero network runs on a decentralized network of nodes that validate and verify all transactions. This means that there is no centralized entity controlling the network and the security of the network depends on the distribution of nodes.
Monero is one of the most popular cryptocurrencies in terms of market capitalization. It is currently among the top 25 cryptocurrencies with the highest market capitalization according to CoinMarketCap, indicating that there is a high demand and interest for this cryptocurrency.