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FAQs on Monero crypto price alerts

What is Monero (XMR)?

Monero (XMR) is a Proof-of-Work (PoW)-based cryptocurrency operating since 2014. Its main goal at launch was to offer users anonymity and additional privacy while transacting, and to combat external censorship. 

Who are the Founders of Monero (XMR)?

Monero (XMR) employs a consensus mechanism called CryptoNight which forms protection against large miners or mining pools gaining too much network influence.

How to Buy Monero (XMR)

Seven creators and potentially hundreds of other developers have contributed to Monero (XMR) since its launch. The token is arguably most widely associated with Ricardo Spagni, who as of 2024 describes himself as its founder and project lead. The identities of some of the original Monero (XMR) developers remain unknown.

How Many Monero (XMR) Coins Are There in Circulation?

Certain major cryptocurrency exchanges supported by TabTrader offer the ability to buy and sell Monero (XMR). However, in part due to its quest to enable complete transaction anonymity, some popular trading platforms such as largest US exchange Coinbase do not support it.

What is the Market Cap of Monero (XMR)?

TabTrader offers more than ten different Monero (XMR) trading pairs across major global exchanges including Kraken, Poloniex and Bitfinex. To get started, download the TabTrader app for iOS, Android or Web and connect your exchange account via API.