Monero (XMR) traded 0.7% higher against the US dollar during the 1-day period ending at 12:00 PM E.T. on July 15th. One Monero coin can now be purchased for $158.17 or 0.00250190 BTC on popular exchanges. In the last seven days, Monero has traded up 3.2% against the US dollar. Monero has a market cap of $2.92 billion and $76.59 million worth of Monero was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 5.4% against the dollar and now trades at $63,219.20 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.2% against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Bitcoin Cash (BCH) traded 4.6% higher against the dollar and now trades at $386.66 or 0.00611622 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.85 or 0.00009246 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $70.62 or 0.00111707 BTC.
• Ethereum Classic (ETC) traded 3.2% higher against the dollar and now trades at $23.15 or 0.00036621 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $25.48 or 0.00040299 BTC.
• Bitcoin SV (BSV) traded up 7.4% against the dollar and now trades at $43.86 or 0.00069370 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 14.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Monero Profile

Monero is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. It was first traded on April 18th, 2014. Monero’s total supply is 18,446,744 coins. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The official website for Monero is www.getmonero.org. Monero’s official message board is forum.getmonero.org. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here.

According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.”

Monero Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to acquire Monero should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the exchanges listed above.

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