XMR to ETH conversion chart
Monero to Ethereum correlation
Experts suggest that XMR and ETH have a strong relationship with each other and are correlated. Whenever there is a change in the price of XMR then ETH also tends to follow the same pattern and move together.
XMR Price Change and Market Cap
Currently, XMR price is 0.05920 ETH and the 24-hour change is -9.69%. The market cap of Monero today is $4 with a total of 4.025 XMR in circulation. In the past 24 hours, XMR price peaked at 0.05989 ETH and the least price was 0.05683 ETH.
Monero Price Prediction
XMR price during the initial years of its launch grew at a steady pace and there were no dramatic fluctuations. Monero price sky-rocketed in 2017 and recorded its all-time high, $495.84, on January 7, 2018. At the beginning of 2020, Monero price was just under $50. The first two months sparked hopes for a bull run in the community when the Monero price increased almost twofold. Bears were quick to hit the market once again in March following the economic recession and COVID-19 pandemic which lead to the fall of Monero price back to where it began the year 2020, which is around $50. By the end of June, the same year, the XMR price increased gradually to $60.
Monero price predictions suggest that by 2025 Monero price would be around $250 which is a very reasonable prediction considering the historical performance of XMR. In a more distant future, we may see Monero reach new heights. Monero is a unique offering from the crypto community to the masses to safeguard their identity while transacting money.
Monero Wallets
Still confused about which wallet to pick?
We recommend Trezor, CoolWallet S and Exodus wallet. Each of them has peculiarities and serve different purposes. In all of these wallets, you can store XMR, monitor live Monero prices and also exchange it from ChangeHero without leaving the application.
XMR to ETH exchange margin
The closing conversion rate for XMR to ETH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XMR to ETH would result in an output of 0.05920 ETH.
How to convert Monero to Ethereum
Monero and Ethereum comparison
Monero is widely popular for its privacy-oriented features. Besides, Monero by default obfuscates the sending and receiving addresses and the amounts in a transaction making it almost impossible for anybody to connect them to a person in the real world.
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For starters, smart contracts are pieces of code that automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum blockchain.
What is Monero?
Monero is one of the first cryptocurrencies with a privacy-centric approach. Monero began with the whitepaper in 2013 by Nicolas van Saberhagen. Later, Bitcoin developers Gregory Maxwell and Andrew Poelstra joined the development. Finally, Monero was launched in April 2014, it runs completely with the support of community development and is completely decentralized.
Unlike other cryptocurrencies, Monero blockchain is designed to be opaque. Monero uses ring signatures, ring confidential transactions and stealth addresses to ensure the privacy of the users. Some of the noticeable features of Monero include fungibility which makes it impossible for companies to reject Monero due to the transaction history. Furthermore, Monero supports dynamic scalability in which there’s no pre-set block size limit. Monero trades with the ticker XMR and uses the Proof-of-Work consensus algorithm. Mining of Monero can be carried out with a personal computer and ASICs are not mandatory.
Monero to Ethereum price details
XMR to ETH Conversion Rate and Price
At the moment, the conversion rate for 1 XMR equals to 0.05920 ETH. The 24-hour highest price of Monero in relation to ETH was 0.05989 ETH and the lowest was 0.05683 ETH. In short, XMR price in relation to ETH changed by -9.69%.
Instantly Exchange XMR to ETH
On ChangeHero you can instantly exchange Monero to Ethereum without registrations. You can easily convert XMR to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your XMR to ETH exchange.
XMR to ETH Best Rate Exchange
For the Best Rate exchange of Monero to Ethereum, we search through various exchanges for the XMR to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the XMR is deposited, the exchange will be automatically processed. We remind you that the final amount of ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to ETH.
XMR to ETH Fixed Rate Conversion
For the Fixed Rate exchange of Monero to Ethereum, ChangeHero finds a good rate for the pair XMR to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of XMR to ETH, you will receive the exact amount of ETH which 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 specified ETH address. ChangeHero is the best place to exchange XMR to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XMR to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XMR to ETH?
No, you do not require an account to swap XMR to ETH on ChangeHero. There will be no registrations for your Monero to Ethereum transaction.
Do I need to go through KYC procedures for XMR to ETH exchange?
There will be no KYC for the XMR to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ETH to XMR?
Yes, you can instantly exchange ETH to XMR on ChangeHero.
Buy and sell Ethereum
Are you looking to buy Ethereum? Now, on ChangeHero you can buy ETH with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
