Monero (XMR) Reaches One Day Trading Volume of $136.20 Million | CoinMarketNewsToday

   2019-06-07 00:06

Monero (CURRENCY:XMR) traded 1.1% lower against the U.S. dollar during the 1 day period ending at 15:00 PM Eastern on June 6th. During the last seven days, Monero has traded 10.4% lower against the U.S. dollar. Monero has a total market cap of $1.44 billion and approximately $136.20 million worth of Monero was traded on exchanges in the last 24 hours. One Monero coin can now be bought for about $84.32 or 0.01110675 BTC on exchanges including Gate.io, Graviex, Bittrex and BTC Trade UA.

Here is how other cryptocurrencies have performed during the last 24 hours:



  • Bytecoin (BCN) traded down 5.5% against the dollar and now trades at $0.0009 or 0.00000012 BTC.
  • Aeon (AEON) traded 5.2% lower against the dollar and now trades at $0.93 or 0.00012309 BTC.
  • DigitalNote (XDN) traded 6.8% lower against the dollar and now trades at $0.0015 or 0.00000020 BTC.
  • Boolberry (BBR) traded 1.7% lower against the dollar and now trades at $0.75 or 0.00009845 BTC.
  • BitNewChain (BTN) traded down 19.3% against the dollar and now trades at $0.0353 or 0.00000464 BTC.
  • BitTube (TUBE) traded down 0.2% against the dollar and now trades at $0.0405 or 0.00000533 BTC.
  • Stellite (XTL) traded up 3.2% against the dollar and now trades at $0.0002 or 0.00000004 BTC.
  • Digital Insurance Token (DIT) traded 1.5% lower against the dollar and now trades at $0.0034 or 0.00000044 BTC.
  • Karbo (KRB) traded down 1% against the dollar and now trades at $0.0981 or 0.00001290 BTC.
  • Sumokoin (SUMO) traded 4.4% lower against the dollar and now trades at $0.0406 or 0.00000534 BTC.

About Monero

Monero (XMR) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its launch date was June 2nd, 2014. Monero’s total supply is 17,026,186 coins. Monero’s official website is www.monero.cc. Monero’s official Twitter account is @monerocurrency and its Facebook page is accessible here. The official message board for Monero is forum.getmonero.org. The Reddit community for Monero is /r/monero and the currency’s Github account can be viewed 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 bought or sold on the following cryptocurrency exchanges: Bisq, Instant Bitex, Livecoin, Upbit, Braziliex, Cryptomate, TradeOgre, OKEx, OpenLedger DEX, Kraken, Poloniex, Bitfinex, Stocks.Exchange, Liquid, Mercatox, Crex24, Gate.io, Exrates, Ovis, Waves Decentralized Exchange, Bithumb, Bitlish, DragonEX, SouthXchange, BTC Trade UA, Exmo, Huobi, Bittrex, Bitbns, CoinEx, Nanex, BTC-Alpha, Trade Satoshi, Coinroom, B2BX, HitBTC, BitBay, LiteBit.eu, Coinut, Binance, Coinbe, Tux Exchange, Coindeal, Graviex and Cryptopia. It is usually not presently possible to purchase alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to acquire Monero should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the exchanges listed above.

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