The current price of 500 US Dollar in Monero is 2.93 XMR. The price is calculated based on rates on 8 exchanges and is continuously updated every few seconds.
To see the latest exchange rate, Monero historical prices, and a comprehensive overview of technical market indicators, head over to the Monero page.
How to buy Monero with US Dollar?
The easiest way to buy 500 USD with XMR is to convert USD to XMR. To do so, visit the Monero exchanges section, and then look for fiat trading pairs. You can use the search window accompanying the “XMR Pairs” section and enter USD to filter for crypto exchanges that have a XMR/USD trading pair. Overall, Kraken is one of the best places to buy Monero with US Dollar.
How to sell Monero for US Dollar?
One of the best ways to convert Monero to US Dollar is to use the XMR/USD pair on supported exchanges. First, head to the Monero exchanges section, and then use the search window to filter for exchanges that list the XMR/USD trading pair. It’s worth noting that Kraken is widely regarded as one of the best exchanges for selling Monero for US Dollar.
FAQs
USD to XMR
| Amount | Today at 11:06 am |
|---|
| 50 USD | 0.29 XMR |
| 100 USD | 0.59 XMR |
| 500 USD | 2.93 XMR |
| 1,000 USD | 5.86 XMR |
4 more rowsMonero (XMR) Price Today
The current Monero price is $171.09. In the last 24 hours Monero price moved +1.08%. The current XMR to USD conversion rate is $171.09 per XMR.
How is Monero price calculated? ›
The price of Monero (XMR) is calculated in real-time by aggregating the latest data across 29 exchanges and 70 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
How do I turn Monero into cash? ›
How to sell Monero
- Create your free Kraken account. Verify your details to get started.
- Send XMR to your Kraken account. Deposit XMR in your secure Kraken account.
- Sell Monero instantly. Enjoy ultra-fast XMR transactions & withdraws.
Is monero a good investment? It is hard to say. While the crypto has outperformed the market over the last year or so, it has still dropped in value. A lot will depend on how much the people behind the blockchain can keep on top of things, and how well the market performs as a whole.
How many Monero coins are left? ›
How many Monero are there? The current circulating supply of Monero is 18.45M.
How much XMR can I mine in a day? ›
The amount of XMR you can mine in a day depends on your hashrate. For example, with a Monero mining hashrate of 54.00 KH/s, a block reward of 0.65 XMR, and a Monero difficulty of 230,386,890,815.00, you can mine approximately 0.01316325 XMR per day.
Is XMR profitable? ›
Yes, Monero mining can still be profitable in 2024, but profitability depends on various factors such as electricity costs, mining equipment efficiency, and market conditions.
How high will XMR go? ›
Our real-time XMR to USD price update shows the current Monero price as $167.21 USD. Our most recent Monero price forecast indicates that its value will increase by 1.76% and reach $170.16 by September 12, 2024.
How many days does it take to mine 1 Monero? ›
As of Tuesday, September 17, 2024, it would take 112.9 days to mine 1 Monero at the current Monero difficulty level along with the mining hashrate and block reward; a Monero mining hashrate of 54.00 KH/s consuming 280.00 watts of power at $0.10 per kWh, and a block reward of 0.65 XMR.
Monero transactions are confidential and untraceable.
The sender, receiver, and amount of every single transaction are hidden through the use of three important technologies: Stealth Addresses, Ring Signatures, and RingCT. Because every transaction is private, Monero cannot be traced.
How is Monero taxed? ›
How are Monero transactions taxed? The exact tax implications on Monero transactions depend on which country you live in and the type of transactions you have made. However, in most countries, you must generally pay capital gains tax on all Monero transactions except transfers between your own wallets.
Why is Monero illegal? ›
Due to its perceived untraceability Monero is gaining increased use in illicit activities such as money laundering, darknet markets, ransomware, cryptojacking, and other organized crime. The United States Internal Revenue Service (IRS) has posted bounties for contractors that can develop Monero-tracing technologies.
How do I withdraw money from my XMR wallet? ›
XMR withdrawal
- Navigate to your Wallet and click the Withdraw button.
- Select the XMR wallet in the “Withdraw from” field.
- Select the withdrawal address or add a new withdrawal address. ...
- Enter the amount of XMR you wish to withdraw.
- Click Review withdraw button.
- A confirmation screen will pop up.
Miners use their computational power to solve complex mathematical puzzles, and in return, they are rewarded with newly minted Monero coins. This process is known as proof-of-work (PoW) mining, which is essential for maintaining the security and integrity of the Monero network.
How long does it take to mine 1 XMR coin? ›
The Monero block is mined every 2 minutes on average, but that doesn't mean you'll earn hundreds of dollars a minute. If your hash rate is large enough, you can mine a block once a few days. If you are a solo miner with a low hash rate, the chances of finding a block are very small.
What is the price of XMR all time high? ›
The all-time high of Monero is $517.62.
