Monero (CRYPTO:XMR) 24-Hour Volume Hits $32.23 Million

Monero (CURRENCY:XMR) traded up 1.1% against the U.S. dollar during the twenty-four hour period ending at 22:00 PM ET on September 19th. Monero has a market capitalization of $1.91 billion and approximately $32.23 million worth of Monero was traded on exchanges in the last day. In the last seven days, Monero has traded 4.2% higher against the U.S. dollar. One Monero coin can now be purchased for $115.90 or 0.01786818 BTC on popular exchanges including Mercatox, Exmo, SouthXchange and Coinut.

Here’s how other cryptocurrencies have performed in the last day:

  • Bytecoin (BCN) traded up 2.9% against the dollar and now trades at $0.0021 or 0.00000033 BTC.
  • DigitalNote (XDN) traded flat against the dollar and now trades at $0.0030 or 0.00000046 BTC.
  • BitNewChain (BTN) traded down 24.1% against the dollar and now trades at $0.0544 or 0.00000839 BTC.
  • Aeon (AEON) traded 0.6% higher against the dollar and now trades at $0.58 or 0.00008974 BTC.
  • Boolberry (BBR) traded up 6.6% against the dollar and now trades at $0.65 or 0.00010065 BTC.
  • BitTube (TUBE) traded 1.5% lower against the dollar and now trades at $0.0686 or 0.00001058 BTC.
  • Stellite (XTL) traded up 16.7% against the dollar and now trades at $0.0003 or 0.00000005 BTC.
  • Karbo (KRB) traded down 0.7% against the dollar and now trades at $0.15 or 0.00002302 BTC.
  • Sumokoin (SUMO) traded up 0.9% against the dollar and now trades at $0.10 or 0.00001600 BTC.
  • Digital Insurance Token (DIT) traded down 11.1% against the dollar and now trades at $0.0034 or 0.00000052 BTC.

Monero Profile

XMR is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It launched on June 2nd, 2014. Monero’s total supply is 16,440,326 coins. Monero’s official message board is The Reddit community for Monero is /r/monero and the currency’s Github account can be viewed here. Monero’s official Twitter account is @monerocurrency and its Facebook page is accessible here. Monero’s official website is

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

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