Trade Monero (XMR) perpetuals
Monero (XMR) is trading at $322.54, +1.48% over the last 24 hours.
What is Monero (XMR)?
Monero is a privacy cryptocurrency where privacy is mandatory on every transaction. It uses ring signatures to hide the sender, stealth addresses to hide the recipient, and Ring Confidential Transactions to hide the amount, making it the most widely used fully-private major coin.
How do I trade Monero on Bloxwap?
To trade Monero (XMR) on Bloxwap, open the app or website and sign in — Bloxwap is non-custodial, so you trade from your own wallet with no signup. Fund your account instantly with Cash App, Bitcoin, a debit card, or an on-ramp; deposits arrive as USDC and sends are gasless. Open the XMR market, set your position size and leverage (up to 5×), then tap up to go long if you expect Monero to rise, or tap down to short it if you expect it to fall. Bloxwap charges a 0.05% fee per side (0.025% for $BLOXWAP Genesis members), and every position opens, settles, and closes on-chain through Hyperliquid. You can close in one tap, anytime.
Frequently asked questions about Monero
- What is the maximum leverage for Monero on Bloxwap?
- Monero (XMR) can be traded with leverage up to 5× on Bloxwap. Higher leverage amplifies both gains and losses and moves your liquidation price closer, so size positions carefully.
- What are the fees for trading Monero on Bloxwap?
- Bloxwap charges a 0.05% (5 bps) fee per side to trade Monero (XMR), reduced to 0.025% for $BLOXWAP Genesis members. Hyperliquid's standard 0.045% taker fee also applies per side. Deposits are free and sends are gasless.
- How is Monero different from Zcash?
- Monero makes privacy mandatory on every transaction, while Zcash's privacy is optional. Monero hides the sender, recipient, and amount by default.
- How does Monero achieve privacy?
- It combines ring signatures, stealth addresses, and Ring Confidential Transactions (RingCT) to obscure all transaction details.
- Does Monero have a supply cap?
- No. Monero has no fixed maximum supply; after its main emission it uses a small permanent 'tail emission' to fund ongoing network security.
Markets related to Monero on Bloxwap