Monero (XMR)
Private by default — untraceable transactions since 2014
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Market data by CoinGecko (snapshot 2026-09-16).
About Monero
Monero (XMR) is the largest cryptocurrency built around privacy as a default, not an option. Every transaction hides the sender behind a ring signature, the receiver behind a one-time stealth address, and the amount behind RingCT. There is no transparent mode to opt out of, which is why Monero's on-chain history cannot be used to profile holders the way Bitcoin's public ledger can.
The network launched in April 2014 as a fork of Bytecoin's CryptoNote code and has been developed in the open by a rotating community since. It has no premine, no company behind it, and no foundation with a token allocation. Funding comes from the Community Crowdfunding System, where contributors propose work and users donate to it.
Because privacy is enforced at the protocol level, Monero is the asset most often delisted by regulated exchanges and the one most often requested on no-KYC swap services. On SyntheticSwap you can move between XMR and Bitcoin, Ethereum, USDT (TRC-20, ERC-20, BEP-20) and Solana without creating an account: choose the pair in the form above, paste your receiving address and send the deposit.
Before you swap XMR: what to check
- •Receiving address format: 4… or 8… (95 characters): primary address or subaddress; no payment ID needed.
- •Network: Monero. XMR exists on one network here; make sure your wallet sends on it.
- •Deposit confirmations: 5 on Monero (block time ~2 minutes). The rate is locked when the deposit confirms, not when you broadcast.
- •Limits: minimum and maximum are shown in the form for each pair and change with fees and liquidity.
- •Tracking: the status page shows each stage; Monero payouts are private — your wallet shows the amount.
How Monero's privacy works
Ring signatures mix your real output with decoys drawn from the blockchain, so an observer cannot tell which of the 16 members actually signed. Stealth addresses mean every payment goes to a fresh one-time address derived from the recipient's public key: two payments to the same person share nothing on-chain. RingCT hides the amounts while still letting the network verify that inputs equal outputs.
The practical consequence for swapping: when you send XMR to the deposit address shown in the form, the blockchain records a transaction to a one-time address with a hidden amount. What SyntheticSwap sees is only the arrival of your deposit; what you receive on the other side depends on the chain you chose, and that chain's own privacy properties apply from that point on.
Swapping XMR: what to expect
Monero blocks arrive roughly every two minutes and the deposit is credited after 5 confirmations, so allow about 10–15 minutes from broadcast to payout on top of the destination network's own time. Monero fees are usually well under a cent, so the cost of a swap is dominated by the exchange spread and the fee of the destination chain, not by XMR itself.
Monero has no memo or destination tag. If you swap into XMR, the receiving address is a standard 95-character address (or an integrated address); make sure you paste the primary address from your own wallet, never an exchange deposit address that may require a payment ID.
Monero history
- 2014Monero launches on 18 April as a fork of Bytecoin's CryptoNote codebase, with no premine and a fair launch.
- 2017RingCT (Ring Confidential Transactions) becomes mandatory, hiding transaction amounts in addition to sender and receiver.
- 2018Bulletproofs shrink transaction sizes by roughly 80% and cut fees accordingly.
- 2019The RandomX proof-of-work algorithm replaces CryptoNight, keeping mining on general-purpose CPUs and away from ASICs.
- 2020CLSAG signatures replace MLSAG, making transactions smaller and faster to verify.
- 2022Ring size increases to 16 and Bulletproofs+ reduce transaction size again; view tags speed up wallet scanning.
- 2024Binance and other regulated venues delist XMR in several jurisdictions; peer-to-peer and no-KYC swap volume grows in response.
- 2025Development of FCMP++ (full-chain membership proofs) progresses — the next privacy upgrade, replacing fixed ring sizes with proofs over the entire output set.
How to swap XMR
- In the form above, choose the direction: XMR to the coin you want, or the other way round.
- Enter the amount — the estimated amount you receive updates live; minimums are shown in the form.
- Paste the receiving address and, optionally, a refund address.
- Click “Swap now” and send exactly the shown amount to the deposit address from any wallet you control.
- After 5 confirmations the payout is sent; track it on the status page. No account, no KYC.
How to store XMR
Use a wallet that holds your own keys and syncs with the Monero network: the official Monero GUI/CLI for desktop, Feather for a lighter desktop client, Cake Wallet or Monerujo on mobile. All of them let you connect to your own node or a remote node; running your own node is the strongest privacy option because a remote node can see your IP address and which blocks you request.
Write the 25-word mnemonic seed down offline. Monero also has a separate restore height — note the block height (or date) when the wallet was created, it makes restoring much faster. Never keep long-term balances on an exchange: withdrawal freezes and delistings have hit XMR holders repeatedly.
If something looks wrong
XMR swap pairs
Frequently asked questions
You do not create an account, provide an email or verify identity. On the Monero side the transaction is private by protocol. On the other side of the swap (for example Bitcoin or USDT) the receiving chain is transparent, so plan your destination address accordingly.