AThe blocktime for Monero is 2 minutes. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
QWhat hashing algorithm does Monero use?
AMonero uses the hasing algortihm RandomX.
QWhat was the highest price that Monero ever reached?
AThe highest price that Monero ever reached was $542.33 USD. This all time high price occured on 9 Jan 2018.
QWhat was the lowest price that Monero ever reached?
AThe lowest price that Monero ever reached was $0.21618 USD. This all time low price occured on 14 Jan 2015.
AYou can earn up to 5% APY by staking your Monero tokens. Check out our Monero staking yields table for further details.
QWhere is the best place to stake Monero?
ARight now the best staking rates are on Coinloan with an income rate of up to 5% APY.
QIs it a good time to buy Monero?
AYou can check the technical indicators for Monero on the Monero Price Trend tab. These indicators are based on the analysis of multiple trading signals for Monero.
QWhere is the best place to buy Monero?
AYou can find the cheapest exchange on which to buy Monero on the Monero Buy tab.
QWhich crypto wallets support Monero?
AYou can check which wallets support Monero on the Monero Wallets tab.
QCan you get a Monero loan without collateral?
AAlmost all Monero loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Monero flash loans which allow you to borrow uncollateralised Monero for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Monero loans on the Monero Loans tab.
QWhich venture capital firms have invested in Monero?