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Monero (XMR)

Live Monero (XMR) Price

The StormGain Live Monero Price Index provides the latest XMR price in Tethers (USDT) using an average from the world's leading exchanges.

XMR/USDT Price Chart

The XMR/USDT price chart shows the latest price changes in different timeframes and views: the candlestick chart, line chart and area chart

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Buy, sell and exchange Monero

StormGain allows you to buy, sell and exchange Monero using data from the live XMR price chart to inform your trades.

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What is XMR?

XMR is the native cryptocurrency that powers the Monero blockchain, which is a network focused on privacy. The network appeared in 2014 and is designed to be a decentralised, privacy-oriented financial technology that allows users to hide their transaction details. Unlike the traditional feature of blockchain technology that offers a transparent ledger, Monero's blockchain was designed to be exactly the opposite. It's opaque by nature, which allows transactions performed on the chain to be hidden from public scrutiny. Information, like the sender and receiver's identity, the amount sent or received, etc., are all hidden by disguising the participants' addresses.

Monero price history

Monero was launched in 2012, and XMR price history began when it started trading in exchanges for around $2. The price fell shortly after, trading below the $1 mark from September 2014 to August 2016, before it grew rapidly to set a new high at around $15 one month after. XMR's price continued to rise through the end of 2016 and into 2017. In August 2017, the price peaked again at a new high above $150, then retreated to around $80 before continuing with its astounding growth. By December, XMR had reached a new all-time again above $470, surpassing predictions from experts around the world. After that blistering pace, XMR finally lost steam and traded lower to find support at around $70. During the bull run in 2021, XMR's value was revived, and it set a new all-time high again at $517 in May. 

Monero price prediction

Monero is a unique network that provides increased privacy and security for its users. It's particularly attractive to users and businesses who prioritise confidentiality. With the continually increasing desire for private transactions among people in general, there could be increased adoption of the Monero network, and this will likely see higher XMR future prices. To learn more about Monero's future prices, check out our detailed XMR price prediction here.

Signals for Monero trading

Make cryptocurrency trading decisions based on StormGain's trading signals. Each Buy or Sell signal has two main indicators — profitability and probability — to help you make sound decisions. The signals are available for free immediately after you register.

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What affects the price of Monero today?

The price of XMR today constantly changes, much like other tradeable assets in the world of finance. Powerful factors like supply and demand play important roles in these price swings as they are the primary factors driving most economies. As the first and largest cryptocurrency by market capitalisation, Bitcoin also influences the price of other crypto assets like XMR. When Bitcoin surges, the crypto market surges with it, and when it falls, other altcoins dip in price, as well.

How can I buy Monero (XMR)?

To buy Monero on StormGain, all you need to do is fund your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to buy XMR. 

How to sell XMR

To sell Monero, you first have to own the cryptocurrency by funding your account. You can do that in several ways:

  • Deposit via crypto wallet with no charge fee.
  • Deposit using Visa or Mastercard via Simplex or Koinal (USDT).
  • Deposit via bank transfer.

Once you've completed your deposit, head over to the trading platform to sell XMR. 

How to exchange XMR

To exchange XMR, first make sure you have enough funds to exchange it. Navigate to the 'Exchange' window, select the asset you want under 'To wallet', then input the amount you wish to exchange under 'From wallet'. At the bottom of the exchange platform, you'll see a calculator that tells you how much your asset is worth and the commission fee. 

How to start Monero trading

To begin XMR trading on StormGain, fund your account with at least the minimum deposit amount. You can do that easily with your bank card or via a direct crypto deposit into your wallet. Once you confirm funds in your account, head over to StormGain's trading platform and select XMR from the list of instruments to begin trading.

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