Minimal amount for sending is 0.2999 xmr
XMR to DOT conversion chart
Monero to Polkadot correlation
According to the correlation analysis XMR and DOT have a strong relationship with each other and correlated. Whenever there is a change in the price of XMR then DOT also tends to follow the same pattern and move together.
XMR Price Change and Market Cap
Currently, XMR price is 18.83 DOT and the 24-hour change is 4.15%. The market cap of Monero today is $135391 with a total of 136661.44 XMR in circulation. In the past 24 hours, XMR price peaked at 19.46 DOT and the least price was 18.05 DOT.
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 DOT exchange margin
The closing conversion rate for XMR to DOT yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XMR to DOT would result in an output of 18.83 DOT.
How to convert Monero to Polkadot
Monero and Polkadot 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.
Polkadot is a keystone Web 3.0 protocol designed for blockchain interoperability. It unites independent blockchains into a system in which they can interact with each other. More than that, on Polkadot data of any type can travel between and on blockchains. Polkadot itself is a sharding blockchain which allows for creation of parachains. Parachains are individual sub-chains of the network, which are customisable, can be adjusted for specific use cases and have their own tokens. The native token of the network uses the ticker DOT and is used in governance and parachain auctions.
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 Polkadot price details
XMR to DOT Conversion Rate and Price
Currently, the conversion rate for 1 XMR equals to 18.83 DOT. The 24-hour highest price of Monero in relation to DOT was 19.46 DOT and the lowest was 18.05 DOT. In short, XMR price in relation to DOT changed by 4.15%.
Instantly Exchange XMR to DOT
On ChangeHero you can instantly exchange Monero to Polkadot without registrations. You can easily convert XMR to DOT in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XMR to DOT exchange.
XMR to DOT Best Rate Exchange
In the the Best Rate exchange of Monero to Polkadot, we search through various exchanges for the XMR to DOT pair and find the best rate available in the market. We provide you with an estimation of the amount of DOT 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 DOT you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XMR to DOT.
XMR to DOT Fixed Rate Conversion
In the the Fixed Rate exchange of Monero to Polkadot, ChangeHero finds a good rate for the pair XMR to DOT and fix the rate for up to 15 minutes. In the Best Rate exchange of XMR to DOT, you will receive the exact amount of DOT 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 DOT address. ChangeHero is the best place to exchange XMR to DOT fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XMR to DOT?
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 DOT?
No, you do not require an account to swap XMR to DOT on ChangeHero. There will be no registrations for your Monero to Polkadot transaction.
Do I need to go through KYC procedures for XMR to DOT exchange?
There will be no KYC for the XMR to DOT 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 DOT to XMR?
Yes, you can instantly exchange DOT to XMR on ChangeHero.