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Which Crypto Wallets Support Monero?
Monero is supported by the Ledger Nano X, the Trezor Model T, the Ledger Blue and the Ledger Nano S.
Monero FAQs
QWhen was Monero launched?
AMonero was launched in April 2014.
QWhat is the blocktime for Monero?
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.
QDoes Monero have a Reddit channel?
AYes you can find the Monero Reddit channel at https://reddit.com/r/monero.
QIs Monero mineable?
AYes Monero is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Monero use?
AMonero uses a proof of work concensus algorithm.
QIs it possible to stake Monero to generate passive income?
AYes, staking is available for Monero on a number of platforms. For a full list of Monero staking yields see our list of Monero staking yields.
QHow much can I earn staking Monero?
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?
AThe following venture capital firms have invested in Monero: BoostVC, Electric Capital and Galaxy Digital.
Useful Monero Links
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