The 6 Best Monero (XMR) Wallets
Reading Time: 4 minutesUsing Monero? These are the best Monero wallets to help you store, manage, and send your XMR.
Monero (XMR) is a privacy-centric digital currency. Since its creation in 2014, Monero’s adoption and popularity have grown due to its enhanced privacy features.
Monero wallets are designed for users to securely and conveniently store XMR (Monero’s native token) on the Monero blockchain. So if you’re using Monero, these are the best wallets for storing and using your XMR.
1. Monero GUI
The Monero GUI (Graphical User Interface) wallet is a non-custodial open-source wallet built solely for Monero. It is developed and maintained by the Monero community. Monero GUI is free to use and ideal for beginner and advanced users. However, downloading Monero GUI requires you to download the full Monero blockchain with your wallet acting as a full node on the blockchain.
Monero GUI offers some of the best features for Monero users:
- Supports Monero (XMR) mining.
- Run your Monero wallet with ⅓ of the blockchain through blockchain pruning.
- Merchant page for businesses to easily receive XMR.
- Compatible with hardware wallets such as Ledger and Trezor.
- Available in 30+ languages
- Simple or Advanced mode that lets users choose their interaction level. Simple mode is for users who want to use Monero in the easiest and fastest way possible. Advanced mode comes with all the features of simple mode and the ability to have full control over the wallet and node.
Monero GUI is one of the most popular wallets among Monero users because it is built and owned by the community. It also promotes support for the blockchain.
Download: Monero GUI for Windows, macOS, Linux (Free)
2. MyMonero
MyMonero is one of the best and most versatile wallets for Monero users. Built by core Monero contributors, it is a private Monero wallet that allows users to store their Monero funds securely. MyMonero can be used on the desktop (Windows, Linux, and macOS) or mobile (Android and iOS).
MyMonero upholds the privacy and security that Monero was built on. Each wallet’s app data is securely saved locally using the strongest encryption. MyMonero offers built-in wallet support for exchanging XMR for Bitcoin, with several other cryptocurrencies being added.
Users can enjoy quick transactions by scanning a QR code to send funds to any Monero wallet. MyMonero is also lightweight and efficient with the MyMonero server handling all the node processing on the blockchain. Using its custom Application Programming Interface (API), it can be integrated into any enterprise for large-volume Monero transactions.
MyMonero offers built-in support for buying Monero (XMR) using fiat currencies, such as USD, Euro, and others.
Download: MyMonero for Windows, macOS, Linux | Android | iOS (Free)
3. Monero CLI
Monero CLI (Command Line Interface) is another wallet developed by the Monero community. It is best suited for developers and advanced users. The CLI wallet gives users absolute control over their Monero node and funds.
Benefits of using the Monero CLI wallet include:
- Rewards for node providers whenever their node is used for transactions on the blockchain.
- Ability to use your copy of the blockchain or a publicly available one.
- Additional transaction security via Tor.
- Begin use of Monero CLI with a remote bootstrap node while your local node is being downloaded. Once the download is completed, users can immediately switch to a fully synced node.
- Blockchain pruning.
Monero CLI is a favorite among developers in the Monero community, as the user interface is akin to major programming languages.
Download: Monero CLI for Windows, macOS, Linux (Free)
4. Monerujo
Monerujo is a non-custodial android-only application for Monero. It was the first mobile wallet app for Monero, and it allows users to send and receive Monero for free.
One of its biggest features is the ability to pay anyone in Bitcoin while remaining anonymous. Monerujo integrates with the Monero blockchain to send payments to any Bitcoin address while protecting user privacy.
Users can also trade Monero for Bitcoin (BTC), Ethereum (ETH), DASH, and Doge on the app. You can also send those cryptos directly from the app using SideShift.ai, which enables you to spend your Monero and send the crypto you want instead. The Monerujo app is encrypted with crazyPASS secure password to ensure user funds and transaction history are secure.
Download: Monerujo for Android (Free)
5. Feather
Feather is a free, open-source Monero desktop wallet. It is easy to use, lightweight, fast, and able to run on minimal system requirements, including virtual machines. In addition, it allows users to send, receive, and store Monero.
It has a built-in exchange for swapping Monero (XMR) for Bitcoin. It is beginner-friendly and can run on almost all desktop systems, making it a good entry-point wallet for new Monero users.
Feather offers users a host of community-hosted remote nodes with the ability to switch between nodes and maintain a list of user-unique nodes. Mining is also available on the platform through XMRig integration.
Download: Feather for Windows, macOS, Linux (Free)
6. Monero Offline Wallet
Lovers of paper wallets will like the Monero paper wallet. Using the Monero offline generator, you can easily create a Monero paper wallet with its pair of private and seed keys. A paper wallet can be created by downloading the paper wallet generator at moneroaddress.org. The paper wallet has four key elements:
- Monero public address: The public wallet address used to send or receive Monero.
- Monero mnemonic seed: The seed phrase for the wallet. It will be required to move the wallet or restore it.
- Monero spend key: The private key required to send funds from the wallet.
- Monero view key: This private view key allows the user to view all transactions on the wallet.
Once the wallet is fully generated, you can print it on paper or save it as a text file on a USB drive. As with all other wallets, it is important not to share the seed phrase with anyone.
Choosing the Best Monero (XMR) Wallet for You
There are several types of wallets available to users on the Monero blockchain. Each wallet provides users the basic functions of sending, receiving, and storing Monero (XMR). However, they differ in terms of security, ease of use, and convenience.
When choosing a Monero wallet, you should consider ease of use, security, level of community development, and any privacy implications.
Reference: https://www.makeuseof.com/best-monero-xmr-wallets/
Ref: makeuseof
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