Monero (XMR) One Day Volume Tops $99.40 Million

   2019-04-19 23:04

Monero (CURRENCY:XMR) traded down 1% against the US dollar during the 24-hour period ending at 14:00 PM ET on April 19th. Monero has a total market cap of $1.16 billion and approximately $99.40 million worth of Monero was traded on exchanges in the last 24 hours. One Monero coin can currently be purchased for $68.37 or 0.01294777 BTC on exchanges including Bittrex, LiteBit.eu, Liquid and Gate.io. In the last week, Monero has traded 2.2% higher against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:



  • Bytecoin (BCN) traded up 0.9% against the dollar and now trades at $0.0009 or 0.00000018 BTC.
  • DigitalNote (XDN) traded 4.9% lower against the dollar and now trades at $0.0015 or 0.00000028 BTC.
  • Boolberry (BBR) traded 7.8% lower against the dollar and now trades at $0.80 or 0.00015120 BTC.
  • BitTube (TUBE) traded 3% lower against the dollar and now trades at $0.0452 or 0.00000856 BTC.
  • Aeon (AEON) traded 0.3% higher against the dollar and now trades at $0.38 or 0.00007219 BTC.
  • BitNewChain (BTN) traded down 63.3% against the dollar and now trades at $0.0222 or 0.00000421 BTC.
  • Stellite (XTL) traded up 3.2% against the dollar and now trades at $0.0002 or 0.00000004 BTC.
  • Karbo (KRB) traded 1.1% higher against the dollar and now trades at $0.0878 or 0.00001667 BTC.
  • Digital Insurance Token (DIT) traded down 3.8% against the dollar and now trades at $0.0021 or 0.00000039 BTC.
  • Sumokoin (SUMO) traded down 3.9% against the dollar and now trades at $0.0401 or 0.00000759 BTC.

Monero Profile

Monero is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its genesis date was June 2nd, 2014. Monero’s total supply is 16,929,278 coins. The Reddit community for Monero is /r/monero and the currency’s Github account can be viewed here. Monero’s official website is www.monero.cc. Monero’s official message board is forum.getmonero.org. Monero’s official Twitter account is @monerocurrency and its Facebook page is accessible here.

According to CryptoCompare, “Ring Signature The Basics In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members’ keys was used to produce the signature. For instance, a ring signature could be used to provide an anonymous signature from “a high-ranking White House official”, without revealing which official signed the message. Ring signatures are right for this application because the anonymity of a ring signature cannot be revoked, and because the group for a ring signature can be improvised (requires no prior setup).   Application to Monero A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a “ring” of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there are no fungibility issues with Monero given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent). To read how Monero gives you privacy by default (unlinkability), see stealth addresses. “

Buying and Selling Monero

Monero can be purchased on the following cryptocurrency exchanges: Bittrex, BTC Trade UA, Crex24, Livecoin, HitBTC, Cryptopia, Binance, BTC-Alpha, Coindeal, Bitbns, Bitlish, Graviex, Nanex, Exrates, OpenLedger DEX, Coinut, Liquid, CoinEx, Mercatox, Kraken, Coinroom, Braziliex, TradeOgre, B2BX, Trade Satoshi, OKEx, Bithumb, Upbit, Stocks.Exchange, BitBay, Cryptomate, Bisq, Waves Decentralized Exchange, Coinbe, SouthXchange, Tux Exchange, Bitfinex, LiteBit.eu, Gate.io, Exmo, Ovis, Poloniex, DragonEX, Instant Bitex and Huobi. It is usually not presently 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the exchanges listed above.

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