Monero (CURRENCY:XMR) traded down 7.3% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on February 19th. Monero has a total market cap of $3.70 billion and approximately $70.02 million worth of Monero was traded on exchanges in the last 24 hours. During the last week, Monero has traded 32.5% lower against the U.S. dollar. One Monero coin can now be bought for approximately $233.62 or 0.02687210 BTC on cryptocurrency exchanges including Cryptopia, Bithumb, Qryptos and Cryptomate.
Here is how similar cryptocurrencies have performed during the last 24 hours:
- Bytecoin (BCN) traded 5.8% lower against the dollar and now trades at $0.0029 or 0.00000034 BTC.
- DigitalNote (XDN) traded 1.4% lower against the dollar and now trades at $0.0112 or 0.00000129 BTC.
- Aeon (AEON) traded 4.2% lower against the dollar and now trades at $2.18 or 0.00024989 BTC.
- Boolberry (BBR) traded down 11.9% against the dollar and now trades at $1.01 or 0.00011571 BTC.
- Sumokoin (SUMO) traded down 8.7% against the dollar and now trades at $1.67 or 0.00019178 BTC.
- Karbo (KRB) traded 4.4% lower against the dollar and now trades at $0.71 or 0.00008162 BTC.
- IntenseCoin (ITNS) traded 5.2% lower against the dollar and now trades at $0.0050 or 0.00000057 BTC.
- LeviarCoin (XLC) traded up 0.3% against the dollar and now trades at $0.10 or 0.00001151 BTC.
According to CryptoCompare, “Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions. “
Buying and Selling Monero
Monero can be purchased on the following cryptocurrency exchanges: Binance, Qryptos, Livecoin, Kraken, Bithumb, Exmo, OKEx, Bitfinex, Cryptopia, Bittrex, Abucoins, Mercatox, SouthXchange, BTC-Alpha, LiteBit.eu, HitBTC, Cryptox, Gate.io, Exrates, Braziliex, Cryptomate, Coinroom, Upbit, Bisq, Tux Exchange and Poloniex. It is not presently possible to buy Monero directly using US dollars. Investors seeking to acquire Monero must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the aforementioned exchanges.
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