Monero (XMR) is probably the most famous private cryptocurrency in the crypto market. It pays very close attention to the personal privacy and security of its users. The Monero blockchain, together with its native coin XMR, aims to offer the community with untraceable cryptocurrency transactions.
Much like any other cryptocurrency, Monero needs a strong and secure digital wallet for your funds to be protected. We have collected the 11 best Monero wallets that seem a good choice for XMR storage. Here we go.
What Is Monero Wallet?
Monero wallet is a place to store Monero (XMR) cryptocurrency. Monero is a decentralized cryptocurrency, which pays a lot of attention to user’s privacy and security. The XMR coin was released more than five years ago.
The cryptocurrency has undergone many modifications and endured lots of ups and downs, including the core protocol migration. Now Monero takes 15th place by market capitalization among all cryptocurrencies. In the course of its history, the XMR coin cost rose from a couple of bucks to a number of hundred dollars. Let’s review the very best Monero (XMR) wallets to find the very best place to store XMR.
Since the overall supply of the cryptocurrency reached the amount of more than 17 million XMR, the Monero community size is rather outstanding. The XMR coin is appreciated among the crypto association due to the Monero developer’s commitment to the main pillars of decentralization: security, personal privacy, and anonymity.
These 17 million XMR coins should be stored in some crypto wallets. If you already have Monero cryptocurrency or think of purchasing or mining some, you should be wondering about their storage. The Changelly group has actually prepared for you the leading 11 finest Monero wallets.
Prior to picking the very best Monero (XMR) wallet that fit you, you should think about some points that are extremely crucial to consider:
- Security. It’s typically recognized that hardware (or cold) wallets are the most safe and secure to store big quantities of cryptocurrency;
- Ease of use. You need to examine your capabilities and pick a wallet that you can definitely control. Our list will provide wallets for newbies in addition to sophisticated users.Community opinion and a
- wallet’s credibility. The Monero neighborhood is very committed. As soon as there is a scam project or some other problem, the whole community is aware of it.
- Expense. Cryptocurrencies, as well as their storage, by their nature, should be openly offered. There are paid wallets on our top, but the choice is just yours.
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