The Monero price went parabolic as investors waited for a statement by Joe Biden on cryptocurrency regulations. It is currently trading at $197, the highest since January 20. It is one of the biggest gainers in the top 100 today. In the last 24 hours, it added 20% to its value.
If you are attracted to unique features and want to learn how and where to buy Monero, this guide is for you.
Top places to buy Monero now
Binance
Binance is a prominent global cryptocurrency exchange platform that provides a venue for buying, selling, and trading a vast array of digital currencies. Founded in 2017, it has quickly risen to become one of the largest platforms in terms of trading volume. Binance offers a variety of services including a crypto wallet, margin trading, and futures trading, catering to a diverse user base from casual traders to institutional investors.
OKX
OKX is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.
What is Monero?
Monero was launched in 2014 with the goal of allowing transactions to take place privately and with anonymity. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users.
With mounting concerns that the sanctions against Russia will lead to more cybercrime, privacy tokens like Monero are becoming more popular. This is because hackers are likely to demand payments in them. All privacy tokens are surging, but Monero has gained the most.
Should I buy Monero today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
Monero price prediction
Wallet Investor expects a long-term increase. They predict Monero will trade for $609 in March 2027. A 5-year investment will generate revenue of around 210%. If you invest $100 now, it might be up to $310 in 2027.
Monero on social media
here is my $9000 #XMR target#Monero pic.twitter.com/eL8okCFEnD
— Don Yakka (@DonYakka) March 4, 2022
