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  • Monero (XMR) is a secure, private and open-source cryptocurrency that was created in April 2014. It has an anonymous and untraceable currency system which utilizes a special kind of cryptography. What makes it different from Bitcoin is that it focuses on anonymity by using Ring Signatures which mixes the addresses for the purpose of making the path between sender and receiver virtually untraceable and Stealth Addresses which hides addresses so transactions are untraceable on a public address. A number of merchants that currently accept Bitcoin has already started accepting Monero.

    Monero Cryptocurrency Facts

    Ticker Symbol XMR
    Logo
    Developer Riccardo Spagni, Francisco Cabañas, 3 other pseudonymous members
    Initial Release April 18, 2014
    Market Cap $
    Circulating Supply XMR

    Why trade Monero?

    Among the top advantages of Monero is its provision of privacy. Bitcoin’s platform initially had these promising features but naturally, it has its flaws. When it comes to providing anonymous payment transactions, Monero comes ahead in the cryptospace. And just like other digital assets, its price is very volatile and such volatility opens a lot of opportunities to make money.

    Where can I trade Monero?


    • Copy investment portfolios of successful traders
    • Advanced risk management tools
    • Cryptocurrency market insights
    • Demo account for practice trading
    eToro is an established and regulated brokerage offering an online platform for trading CFDs (contracts for difference) so you’ll be speculating on the price movements of the digital currency including Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Ethereum Classic, Cardano, IOTA, Stellar, EOS, NEO, TRON, ZCash, Binance Coin and Tezos without ever physically owning any of it. With this broker, you will be dealing with contracts for difference or CFDs which means you don’t need to buy the underlying asset. What’s also unique about eToro is that they have a social trading platform where you as a trader can follow and copy the strategies of top performing cryptocurrency traders. Transactions can be completed within seconds and you can trade these digital currencies any time even on weekends and holidays. Their customer service team is available 24/7 and can be contacted via phone or email.
    *75% of retail CFD accounts lose money

    • Multiple platforms
    • Risk management tools
    • 0% commission
    • $100 minimum deposit
    Plus500 is a CFD broker. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14). Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. They have a variety of proprietary platforms where you can buy or sell cryptocurrency CFDs (contracts for difference). You can trade on the price movement of cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple without the need to own the asset and you can start with just a minimum deposit of $100 on your account. Since cryptocurrencies are extremely volatile instruments, you can take advantage of the Plus500’s price alerts and stops to effectively manage your risks.
    *80.5% of retail CFD accounts lose money


    Monero Exchanges Monero Wallets Monero Trade

    • Supports 10 cryptocurrencies
    • 15-minute fixed rate on instant methods
    • Supports diversity of payment methods
    • Facilitates payment services
    ALFAcashier is a currency exchange service which provides a fast and reliable way to exchange cryptocurrencies. Since their service is fully automated and requires no operator interference, their service is fast. Among the digital currencies they support include Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Monero, Litecoin, Dash, NEM, Ripple and Zcash. They support a diversity of currency payment methods such as OKPAY, Perfect Money, AstroPay, Online Bank Transfer, SWIFT/SEPA Transfer, ChinaUnionPay and some of them are instant.

    • User-friendly platform
    • Low trading fees
    • Crypto-to-crypto trading
    • Excellent support
    Binance was launched in July 2017 and since then it has been regarded as one of the world's leading digital currency exchanges. Their trading platform is web-based platform and has a basic and advanced version. They support a substantial number of cryptocurrencies which can also be traded with other cryptocurrencies. Among the supported digital currencies include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and many more. All trades have a flat fee of 0.10% which is considered to be very low. This exchange doesn’t support fiat currency payments which means you can only deposit and withdraw using the digital currencies that they support.

    • 95% of Bitcoins are held in cold storage vaults
    • As low as 0% transaction fees
    • Uses a multi-signature wallet service
    • Client and transaction support via Telegram
    Bitlio is a digital currency exchange where registered clients can buy and sell cryptocurrencies including Bitcoin, Dash, Tether, Zcash, Bitcoin Cash, Ethereum Classic, Ethereum, Monero, Ripple and Litecoin. They also offer an online wallet, an international money transferring service and an online bills payment system that is available to selected countries only. Their online platform is very easy to use with simple buy and sell options making it less complicated to use especially for beginners. Among the strongest advantages of this exchange is that 95% of their Bitcoins are stored offline in 'cold storage' vaults with multiple layers of encryption and security checks.

    • Copy investment portfolios of successful traders
    • Advanced risk management tools
    • Cryptocurrency market insights
    • Demo account for practice trading
    eToro is an established and regulated brokerage offering an online platform for trading CFDs (contracts for difference) so you’ll be speculating on the price movements of the digital currency including Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Ethereum Classic, Cardano, IOTA, Stellar, EOS, NEO, TRON, ZCash, Binance Coin and Tezos without ever physically owning any of it. With this broker, you will be dealing with contracts for difference or CFDs which means you don’t need to buy the underlying asset. What’s also unique about eToro is that they have a social trading platform where you as a trader can follow and copy the strategies of top performing cryptocurrency traders. Transactions can be completed within seconds and you can trade these digital currencies any time even on weekends and holidays. Their customer service team is available 24/7 and can be contacted via phone or email.
    *75% of retail CFD accounts lose money

    • Multiple platforms
    • Risk management tools
    • 0% commission
    • $100 minimum deposit
    Plus500 is a CFD broker. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14). Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. They have a variety of proprietary platforms where you can buy or sell cryptocurrency CFDs (contracts for difference). You can trade on the price movement of cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple without the need to own the asset and you can start with just a minimum deposit of $100 on your account. Since cryptocurrencies are extremely volatile instruments, you can take advantage of the Plus500’s price alerts and stops to effectively manage your risks.
    *80.5% of retail CFD accounts lose money





  • This coin currently doesn't have any wallet brand that we recommend. You may visit our Wallets review section and determine the coins that they support.
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