Which Monero Wallet to use?


Monero is one of the most popular anonymous cryptocurrencies because of its high security, privacy and strong technology. Today we present some wallets that you can use when dealing with Monero.

Monero Webwallet

Similar to myetherwallet.com, there is also a webwallet for Monero. You can find it at wallet.mymonero.com . You can also create a new wallet (“Create new wallet”) or to access an existing one. If you create a new, you must necessarily keep the passphrase.

When accessing Webwallets, it is important to always be careful with Monero. There are certain questions which one should always consider. Is the internet address not a fake (phishing danger)? Is the local device not infected (a Trojan could read the passphrase from the clipboard)? For the former, one should always take a look at the lock next to the address bar, which indicates whether it is a secure connection. For the latter, a good antivirus program should always be kept up to date. If these measures are taken, a Webwallet can be advantageous and can be used easily and platform-independently.

Monero Desktop Wallets

Desktop wallets are available for different operating systems. Already mentioned webwallet is mymonero.com. It has recently also launched a desktop wallet for Windows, iOS and Linux. Furthermore, the Monero GUI , is the official desktop wallet. Monero GUI is the oldest and most distinguished Monero wallet for desktop computers. You can operate a local node or connect to another node.

Monero Mobile Wallets

There are several monero wallets for mobile devices. For the iPhone, we recommend the Cake Wallet . It offers special features such as face recognition and an integrated Exchange for the exchange of XMR in BTC, DASH, LTC, ETH and BCH. For Android devices, you can use the Monerujo Wallet , which also provides an integrated exchange.

Nexo – Your Crypto Banking Account

Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.


Ad

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission – but the prices do not change for you! 🙂

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Currently we are not recommending trading at eToro. A better alternative is Coinbase. However, for old articles please refer to the general risk disclosure on eToro. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 76% of retail accounts lose money when trading CFDs from this provider.


Posted By

Prasanna


Prasanna is a Cryptocurrency/Blockchain writer who loves every slant of cryptocurrency from trading to technology. Cryptocurrency/Blockchain is on the path of changing the world as people know it and Prasanna plans to be there to narrate innovative revolution as it happens.


You might also like


More from Altcoin


How to buy IOTA on Binance?

Binance is one of the leading exchanges to list the cryptocurrency IOTA. Unlike classic cryptocurrencies, IOTA does not use blockchain …



Monero on eToro?

Monero is a popular cryptocurrency that allows users to execute their transactions completely anonymously. What is an advantage, however, can also …



How to buy Ripple on eToro?

eToro is now one of the most popular platforms for trading in assets. The trade in cryptocurrencies has been greatly expanded in …

Crypto Destroyer

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.