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Buy Monero uk- XMR/GBP
£141.48
8.38 %
Change 24h

Description by Coingecko

What is Monero? Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. Origins of Monero In July of 2012, Bytecoin, the first real life implementation of CryptoNote, was launched. While Bytecoin had promise, people noticed that 80% of the coins were already published. So, it was decided that the bytecoin blockchain will be forked and the new coins in the new chain will be called Bitmonero, which is was then renamed Monero, meaning “coin” in Esperanto language. In this new blockchain, a block will be mined and added every two minutes. Why Monero? #1: Unlinkability - Your identity is completely private You have complete control over your transactions. You are responsible for your money. Because your identity is private no one will be able to see what you are spending your money on. When you send funds to someone’s public address, what happens is that you actually send the funds to a randomly created brand new one-time destination address. This means that the public record does not contain any mention that funds were received to the recipient’s public address. In Monero, your public address will never appear in the public record of transactions. Instead, a 'stealth address' is recorded in a way that only you, the recipient, can recognize the incoming funds. #2: Fungibility Fungibility is interchangeability between one asset and another asset of the same type. Suppose you borrowed $50 from your friend, you can even return the money in the form of 1 $50 bill or 5 $10 bill, It is still fine. This shows that the dollar has fungible properties. However, if you were to borrow someone’s car for the weekend and come back and give them some other car in return, then that person will probably punch on the face. Cars, in this example, are a nonfungible asset. What is CryptoNote? CryptoNote is the application layer protocol that fuels various decentralized currencies. While it is similar to the application layer which runs bitcoin in many aspects, there a lot of areas where the two differ from each other. CryptoNote features an entirely new code base and is not a fork of Bitcoin. More info about CryptoNote can be found at their website. CryptoNote uses Ring Signatures to conceal sender identities via mixing and it also has unlinkable transactions that is achieved using 1-time keys for each individual payments. Ring signatures enable ‘transaction mixing’ to occur. Transaction mixing means that when funds are sent, the sender randomly chooses several other users’ funds to also appear in the transaction as a possible source of the funds being sent. The cryptographical nature of the ring signature means that no one can tell which of the funds were really the source of the transaction – not even the person that gave the funds to the sender in the first place. A system of ‘key images’ associated with each ring signature ensures that although no one can tell the true source of the funds, it can be easily detected if the sender attempts to anonymously send their funds twice.

Buy Monero | XMR Price GBP

Monero Price GBP is £141.48. XMR price has experienced a daily change of 8.38 %. This gives Monero (XMR) a Market Cap of £ 2,565,979,332. The total volume of Monero (XMR) traded in the last 24-hour period was £ 81,319,348. Circulating Supply of Monero (XMR) is 18,147,800. Total Supply of Monero (XMR) is 18,400,000.

You can buy Monero UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If XMR is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with XMR on Binance, or an alternative exchange.

Monero XMR is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, XMR had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given XMR a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Monero (XMR) was created on April 18, 2014. Monero (XMR) is a digital asset secured by cryptography. We supply XMR/GBP trading pairs below. More information can be obtained from the official Monero (XMR) website at: getmonero.org

XMR blockchain can be viewed here: monerovision.com moneroblocks.info xmr.tokenview.com

XMR social networks can be viewed here: Facebook Twitter BitcoinTalk forum.getmonero.org

Monero (XMR) Rating

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4 stars 2 votes
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XMR/GBP Price Chart

Genesis
April 18, 2014
Market Cap
£ 2,565,979,332
Volume 24h
£ 81,319,348
Circulating Supply
18,147,800
Total Supply
18,400,000
XMR
£

XMR Questions and Answers

What is the latest price of XMR in GBP?
The latest XMR Price is £141.48
What is XMR's MarketCap in GBP?
XMR's MarketCap is £ 2,565,979,332
Where can I buy XMR in the UK?
You can buy XMR on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of XMR in GBP?
The 24-hour trading volume of XMR is £ 81,319,348
What is the Circulating Supply of XMR?
The Circulating Supply of XMR is 18,147,800
What is the Total Supply of XMR?
The Total Supply of XMR is 18,400,000
Where can I sell XMR in the UK?
You can sell XMR on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for XMR?
The current visitor generated star rating for XMR is 3.8 (based upon 14 visitor votes)