Monero (XMR) 24-Hour Trading Volume Reaches $71.11 Million

   2019-08-18 02:08

Monero (CURRENCY:XMR) traded down 0.4% against the U.S. dollar during the 1 day period ending at 22:00 PM E.T. on August 17th. One Monero coin can currently be purchased for about $82.31 or 0.00807175 BTC on popular cryptocurrency exchanges including Tux Exchange, Gate.io, TradeOgre and Instant Bitex. In the last week, Monero has traded down 9.8% against the U.S. dollar. Monero has a total market cap of $1.41 billion and $71.11 million worth of Monero was traded on exchanges in the last 24 hours.

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



  • Bytecoin (BCN) traded down 8.6% against the dollar and now trades at $0.0006 or 0.00000005 BTC.
  • Aeon (AEON) traded down 1.1% against the dollar and now trades at $0.66 or 0.00006496 BTC.
  • Boolberry (BBR) traded up 1.4% against the dollar and now trades at $0.43 or 0.00004236 BTC.
  • DigitalNote (XDN) traded 1.5% lower against the dollar and now trades at $0.0007 or 0.00000007 BTC.
  • BitNewChain (BTN) traded down 0.1% against the dollar and now trades at $0.0228 or 0.00000223 BTC.
  • BitTube (TUBE) traded 6.9% lower against the dollar and now trades at $0.0133 or 0.00000130 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 down 4.9% against the dollar and now trades at $0.0029 or 0.00000028 BTC.
  • Karbo (KRB) traded 2.5% lower against the dollar and now trades at $0.0749 or 0.00000735 BTC.
  • Sumokoin (SUMO) traded down 2.4% against the dollar and now trades at $0.0373 or 0.00000366 BTC.

About Monero

Monero (XMR) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It was first traded on June 2nd, 2014. Monero’s total supply is 17,160,291 coins. The official website for Monero is www.monero.cc. Monero’s official Twitter account is @monerocurrency and its Facebook page is accessible here. The Reddit community for Monero is /r/monero and the currency’s Github account can be viewed here. Monero’s official message board is forum.getmonero.org.

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. “

Monero Coin Trading

Monero can be purchased on the following cryptocurrency exchanges: Coinroom, DragonEX, Crex24, Instant Bitex, Ovis, Cryptomate, CoinEx, Upbit, Coinbe, Trade Satoshi, Coinut, Exmo, Tux Exchange, Bitfinex, B2BX, Cryptopia, TradeOgre, Bitlish, Bittrex, Bithumb, BTC-Alpha, Nanex, Braziliex, Livecoin, BitBay, Huobi, Exrates, Stocks.Exchange, OKEx, BTC Trade UA, Kraken, OpenLedger DEX, Poloniex, LiteBit.eu, Waves Decentralized Exchange, Gate.io, Coindeal, Mercatox, Graviex, SouthXchange, Binance, HitBTC, Bisq, Liquid and Bitbns. It is usually not possible to purchase alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to trade Monero should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, 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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