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XMR
How Much is 1 Monero (XMR)
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Last Updated on Dec 14, 2025 03:01 AM
What is Monero?
About the coin
Monero is a cryptocurrency that prioritizes privacy and anonymity in transactions. Unlike many other cryptocurrencies, Monero's design ensures that transactions remain confidential and untraceable. This focus on privacy has made it a popular choice for users who value discretion in their financial activities.
Main features
Monero offers a range of features that enhance its privacy and security. These include ring signatures, which obscure the sender's identity, and stealth addresses, which ensure that the recipient's address is not publicly linked to the transaction. Additionally, Monero employs confidential transactions to hide the transaction amount, further enhancing privacy.
How it works
Monero operates on a decentralized network, utilizing a proof-of-work consensus mechanism to validate transactions. The community plays a significant role in its development, with active workgroups and crowdfunding initiatives supporting ongoing improvements. The Monero Research Lab contributes to the platform's innovation, exploring new ways to enhance privacy and security. Developers have access to a range of tools and a comprehensive library to build on the Monero platform, while users can find educational resources in the Moneropedia.
Tangem supports networks for Monero
Temporarily not supported
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Monero FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure your assets with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose wallet for your assets with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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Other crypto assets supported in Tangem Wallet.
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