BTC to XMR conversion chart
Bitcoin to Monero correlation
According to the correlation analysis, BTC and XMR have a strong relationship with each other and are correlated. Whenever there is a change in the price of BTC then XMR also tends to follow the same pattern and move together.
BTC Price Change and Market Cap
Currently, the BTC price is 589.64 XMR. According to the Bitcoin price chart, the 24-hour change is 3.95%. The total market capitalization of Bitcoin is $40815 with 41113.78 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 603.31 XMR and lows of 582.38 XMR.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to XMR exchange rate
Considering today’s exchange rate, 1 BTC to XMR conversion would result in an output of 589.64 XMR.
How to convert BTC to XMR
Bitcoin and Monero comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
Monero is an open-source, decentralized blockchain asset launched in the year 2014. In general, blockchain is designed to be transparent and all the transactions can be checked on the network and may probably be connected to an individual in real world. Monero aims to provide the utmost privacy to the people while sending money through blockchain. Monero blockchain was intentionally designed to be opaque and doesn’t reveal the transaction details like the amount and disguises the sender and recipient addresses. Monero is a community-driven project and mining doesn’t require expensive ASICs. Monero trades with the ticker XMR and is also accepted widely by merchants online.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
BTC to XMR price details
BTC to XMR Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals to 589.64 XMR. The 24-hour highest price of Bitcoin in relation to XMR was 603.31 XMR and the lowest was 582.38 XMR. In short, BTC price in relation to XMR changed by 3.95%.
Instantly Convert BTC to XMR
On ChangeHero you can instantly convert BTC to Monero anonymously without an account. You can easily exchange Bitcoin to XMR in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to XMR exchange.
BTC-XMR Exchange with Best Rate
For this type of conversion, we search through various exchanges for the BTC - XMR pair and find the most satisfactory rate in the market. We provide you with an estimated amount of XMR you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of XMR you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the BTC to XMR conversion rate.
BTC to XMR Fixed Rate Conversion
For the Fixed Rate exchange of BTC to XMR, ChangeHero finds a good rate for the pair BTC to XMR and fix the rate for up to 15 minutes. In the Fixed Rate BTC to XMR exchange, you will receive the exact amount of Monero that was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned XMR address. ChangeHero is the best place for fast and safe <strong>BTC to XMR exchange at fair rates.
Frequently asked questions
How long does it take to convert BTC to XMR?
Usually, it takes around 15 minutes exchange BTC to XMR but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to XMR?
No, you do not require an account to swap BTC to XMR on ChangeHero. There will be no registrations for your Bitcoin to Monero transaction.
Do I need to go through KYC procedures for BTC to XMR exchange?
There will be no KYC for the BTC to XMR exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange XMR to BTC?
Yes, you can instantly convert XMR to BTC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy Bitcoin with credit or debit card. Also, you can sell your cryptocurrency for US Dollars and Euro on ChangeHero. Give it a try.
