How much does 1 XMR cost today?

As of right now, 1 XMR costs $495.78 CAD. The price is updated live from CoinGecko and changes throughout the day based on global trading activity.

How do I buy Monero in Canada?

Canadians can buy Monero on regulated Canadian exchanges such as Bitbuy, Newton, NDAX, Wealthsimple Crypto, and Shakepay. Monero is also available on major international exchanges (Coinbase, Kraken, Binance) and as spot ETFs in some cases. Always confirm the platform is registered with the Canadian Securities Administrators (CSA) before depositing funds.

How is Monero taxed in Canada?

In Canada, the CRA treats cryptocurrency as a commodity rather than a currency. Selling, trading, or spending Monero triggers a capital gain or loss — 50% of which is taxable as income at your marginal rate. If you trade Monero frequently or as a business, the CRA may treat profits as 100% taxable business income. Keep detailed records of every transaction, including date, amount, fair market value in CAD, and counterparty.

Is Monero a good investment?

This page does not provide investment advice. Monero is a volatile asset — historical price swings have included gains and losses of more than 50% within single calendar years. Before investing, understand your time horizon, risk tolerance, and only invest what you can afford to lose. Consider using our DCA Simulator to test how dollar-cost-averaging into Monero would have performed historically.

Monero uses a Proof of Work (RandomX — CPU-mineable) consensus mechanism, so it cannot be staked directly in the same way as proof-of-stake coins like Ethereum or Solana. Some platforms offer "earn" or lending products that pay yield on Monero, but these carry counterparty risk.

Monero Price (XMR)

Rank #18 by market cap

            CA$495.78
        

24H Change +6.38%

7D Change -8.57%

Market Cap $9.30B

24H Volume $246.76M

24H High CA$511.70

24H Low CA$453.18

USD CAD EUR

Price Chart

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About Monero

The leading privacy-focused cryptocurrency with untraceable transactions by default.

Monero (XMR) is a privacy-focused cryptocurrency launched in 2014 from a fork of Bytecoin. Unlike Bitcoin where all transactions are visible on the public blockchain, Monero uses ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions) to make sender, receiver, and amount completely private by default. Monero uses a CPU-friendly proof-of-work algorithm (RandomX) to resist ASIC mining centralization.

Monero is used by individuals and organizations who require financial privacy — journalists, political dissidents, and people living under authoritarian regimes, as well as privacy-conscious individuals. Because of its strong privacy guarantees, several major exchanges have delisted it in compliance-heavy jurisdictions. XMR cannot be easily tracked or blocked, making it the dominant privacy coin by market cap.

Key facts

Category	Privacy / Currency
Launched	2014
Consensus	Proof of Work (RandomX — CPU-mineable)
Supply	Main emission is capped near 18.4 million XMR; a small tail emission of 0.6 XMR per block continues indefinitely to fund miners.
Founder	Anonymous ("thankful_for_today" started the fork; community-led since)
Official site	https://getmonero.org