XMR to BTC conversion chart
Monero to Bitcoin correlation
Experts suggest that XMR and BTC have a strong relationship with each other and correlated. Whenever there is a change in the price of XMR then BTC also tends to follow the same pattern and move together.
XMR Price Change and Market Cap
Currently, XMR price is 0.001698 BTC and the 24-hour change is -3.69%. The market cap of Monero today is $2 with a total of 2.329 XMR in circulation. In the past 24 hours, XMR price peaked at 0.001702 BTC and the least price was 0.001648 BTC.
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 BTC exchange margin
Considering today’s exchange rate, a transaction of 1 XMR to BTC would result in an output of 0.001698 BTC.
How to convert Monero to Bitcoin
Monero and Bitcoin Wallets
Looking for a Monero wallet? Here’s what we recommend. Select the one which fits your needs.
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 and Bitcoin comparison
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 the merchants online.
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and 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 to Bitcoin price details
XMR to BTC Conversion Rate and Price
At the moment, the conversion rate for 1 XMR equals to 0.001698 BTC. The 24-hour highest price of Monero in relation to BTC was 0.001702 BTC and the lowest was 0.001648 BTC. In short, XMR price in relation to BTC changed by -3.69%.
Instantly Convert XMR to BTC
On ChangeHero you can instantly exchange Monero for Bitcoin without signup. You can easily convert XMR to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XMR to BTC conversion.
XMR to BTC Best Rate Swap
For this type of exchange of Monero to Bitcoin, we search through various crypto exchanges for the XMR to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the XMR is deposited, the XMR conversion will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to BTC.
XMR to BTC Fixed Rate Conversion
For the Fixed Rate exchange of Monero to Bitcoin, ChangeHero finds a good rate for the pair XMR to BTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of XMR to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the XMR conversion is completed, we send your assets to the specified BTC address. ChangeHero is the best place to exchange XMR for BTC fast and safely.
Frequently asked questions
How long does it take to convert XMR to BTC?
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 BTC?
No, you do not require an account to swap XMR to BTC on ChangeHero. There will be no registrations for your Monero to Bitcoin transaction.
Do I need to go through KYC procedures for XMR to BTC conversion?
There will be no KYC for the XMR to BTC 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 BTC for XMR?
Yes, you can instantly exchange BTC to XMR on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy BTC with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
