MONERO

Monero vs US Dollar chart

Trading Conditions

Standard
Floating spreads
Minimum: 130
Average: 325.55
Limit and Stop Level
275
1 tick value
0.01
Minimum contract size
0.01 lot
1 lot size
1 XMR
1 PIP value per 1 lot in USD
0.01 USD
Minimum step for increasing contract size
0.01 lot
Margin requirements to open a lock position *
0
Execution Mode
Market (irrelevant of platform or Account type)
* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Monero

Monero is a cryptocurrency with infinite emission and the ability to conduct anonymous transactions using CryptoNote technology. In 2012, the capitalisation of coins amounted to $8 billion and still continues to grow. All this provided the coin with popularity and brought it to the TOP-20 altcoins of the world. You can mine XMR on video cards or processors.

The algorithm of operations in Monero is built as follows: the transfer is sent not from a specific person but from the whole group, whose data is entered into the blockchain. Only the recipient, the owner of the one-time wallet, can decrypt the transaction by providing the correct key and receiving the funds. Thus, it becomes impossible to determine the transfer amount and the identity of the two parties, and the individual transaction history is not defined. That happens thanks to Stealth technology.

Against the background of other digital assets, the XMR cryptocurrency is primarily distinguished by protecting users' privacy in all transactions and a special algorithm directed against ASIC miners.

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customer service

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industry regulations
5

industry regulations

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