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How to buy XMR (XMR)
What is XMR (XMR)?
Originally forked from "Bytecoin" in 2012, Monero (XMR) is a privacy-focused decentralized cryptocurrency. It offers complete privacy to its users, meaning none of the transactions can be traced back to you when using Monero currency.
Stealth addresses can only be identified by the user, and all transactions are validated without revealing identification. This is made possible through the Ring Signature technology, which uses anonymous digital signatures that do not reveal sender and receiver identities and are randomly generated for one-time usage.
Monero is ranked among the top 40 protocols, is fully decentralized, and has the third-largest developer community amongst global cryptocurrencies.
XMR FAQ
- Cryptocurrencies, such as XMR, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as XMR have been created as well.
- Check out our XMR price prediction page to forecast future prices and determine your price targets.