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Where to Monitor XMR Exchange Rate? 7 Top Places

Where to Monitor XMR Exchange Rate? 7 Top Places

So you are contemplating investing in Monero but are unsure of its exchange rates. Usually, XMR traders and other crypto investors can monitor their token’s exchange rates on specific sites. 

So, how can you estimate the exchange rates if you want to exchange XMR to BTC or other cryptocurrencies? Find out in our ultimate guide. 

Top 7 Places to Monitor and Track XMR Exchange Rate

Price trackers provide information to investors about their cryptocurrencies. This provision is a chance to decide when to trade or stake your tokens. If you own XMR tokens, keep an eye on these networks to decide your next move. 

1. CoinMarketCap

This site is the most reputable when it comes to monitoring and predicting crypto prices. Why is CoinMarket the go-to site? 

  • The site has been in existence since 2013 and features the top 100 digital coins, including Monero.
  • You can track each crypto’s performance, liquidity, supply, and current volume (last 24 hours). 
  • Traders can also see a token’s current market cap. 
  • Investors can compare various tokens and prices on various exchanges at once. This advantage makes it easier to find the best deals. 
  • If you are looking for new (unknown) digital coins, CoinMarketCap keeps you updated.  

2. Coinlib

This site stands out in providing competitive tools to help monitor any token’s price. Coinlib analyzes different tokens factoring in performance for the last 24 hours and updates the info in real-time. You can also compare different tokens at ago using the available comparison tool. 

3. CoinDesk

This exchange site displays various cryptocurrencies and their current market performance. In addition, you can track the movements of XMR tokens and predict how it performs using the live charts. 

4. Binance

Binance stands out as a reliable XMR trading site you can use to track the asset’s exchange rates. The network has been providing Monero trading services since 2017. The good thing about Binance is that you can swap your Monero tokens on this site as well. 

5. Bitgur

The price monitoring site has been in existence since 2017 and provides stats on various cryptocurrencies. You can filter your results to filter XMR to see results about the coin using the prediction tool. Bitgur allows you to see the volatility index –you can analyze XMR’s stability through this feature. 

6. CoinGecko

Traders can comprehensively analyze Monero exchange rates using CoinGecko. You can track its activity, growth, and other metrics to help decide your next move in buying, selling, and staking this token.

7. Godex

Many crypto investors are likely to use Godex to check instant updates on how their digital assets are doing in the trading space. You can also see the trading volumes, current rates, and multiple crypto comparisons. 

Before you decide on a place to track Monero trading fees, you should know some of the factors that influence its exchanges. Such include theta fuel price, regulation, competition with other cryptos, liquidity, demand, and supply. Ideally, a change in these factors will result in an increased exchange rate and vice versa. But with the help of monitoring XMR exchange sites, you can analyze your options before trading. 

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