Monero

Monero

Privacy-First Cryptocurrency

Launch Year
2014
Consensus
Proof of Work
Max Supply
Unlimited (~18 million in circulation)
Block Time
~2 minutes
XMR
XMR
Monero
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap XMR Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Monero Price Chart

XMR / USD
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About Monero

Monero (XMR) is a privacy-focused cryptocurrency designed to provide complete transaction anonymity by default. Launched in 2014, Monero uses advanced cryptographic techniques including ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions) to hide sender, receiver, and transaction amounts. Unlike Bitcoin's transparent ledger, all Monero transactions are private by default without requiring additional privacy settings or third-party services. The network is governed by community developers without a central authority. XMR is used for transactions on the Monero network and is favored by privacy advocates, journalists, human rights organizations, and anyone seeking truly confidential financial transactions. Its privacy features have also made it the subject of regulatory scrutiny and exchange delistings.

History

2012
Bytecoin, the first privacy coin, launches with ring signatures
2014
Monero (formerly BitMonero) launches as a Bytecoin fork with improved privacy
2017
RingCT upgrade makes amount obfuscation mandatory for all transactions
2020
Monero hard forks to increase privacy and scalability
2023
Monero community releases consensus code and improves privacy further
2024
Monero remains the leading privacy coin with strong developer community

How to Swap XMR

Swapping Monero on SyntheticSwap provides private cryptocurrency exchange. Connect your Monero wallet (Ledger, Monero GUI, MyMonero, or compatible wallet), select XMR as your source, choose your destination (Bitcoin, Ethereum, altcoins, stablecoins), and confirm the floating rate. Your XMR will be instantly converted without KYC, and your destination asset will be sent to your wallet. Note that XMR is delisted from some centralized exchanges due to regulatory concerns.

How to Store XMR

Monero is stored in Monero-compatible wallets. The official Monero GUI (graphical user interface) offers maximum security and privacy, while MyMonero and Cake Wallet provide mobile options. Ledger hardware wallets support Monero for secure large holdings. All Monero wallets require a seed phrase backup — store offline and never share. Monero's privacy features mean transactions are private by default, with no additional steps required.

Frequently Asked Questions