![]() ![]() Each transaction is hidden from the public via ring signatures - these signatures make Monero transactions untraceable. The above is thanks to the technology behind XMR. That being the case, another huge reason why people might be looking for the best wallet for Monero is privacy - Monero is often considered to be the most secure cryptocurrency on the market. While the cryptocurrency market is a truly volatile place, recent history has shown that the current cryptocurrency prices don’t really reflect the reality - this technology is becoming increasingly more valued, thus boosting the price of most major crypto coins, too. Many people purchase Monero and then search for the best Monero wallet simply in order to store these coins safely, and then sell them at a later date, with the intent of making a profit. Well, the first major reason is just that - investment purposes. At the top of these things stands the question of why people want to invest in Monero, in the first place! How to Find the Best Monero Wallet for Yourself?īefore we jump into the actual list of the best Monero wallets on the market, we need to discuss a couple of important things. ![]() Ledger Nano S ( discontinued, replaced by the Nano S Plus).Our list today will look a little something like this: Note that we’ll be discussing both online Monero wallets, and also those that are based offline ( cold storage devices). We’ll take a look at the top-rated picks right here, on this list. Taking a single look at user reviews online, you’d be able to find multiple different contenders for the spot of the best Monero wallet. With this increased public interest, however, it’s crucial to find a reliable Monero wallet, too. More and more people are turning their sights towards this particular coin, be it due to its privacy features, investing purposes, or else. Monero is steadily becoming one of the most popular cryptocurrencies on the current crypto market.
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