Monero is a special kind of digital cryptocurrency system, which uses cryptography to ensure that all the transactions remain untraceable. Monero was created in 2012 and its a fork of the Bytecoin blockchain, which was initially named Bitmonero.
The best part about Monero is that it is fungible and you have complete control over your currency and transactions. Monero has no pre-set size limit like Bitcoin has, that means malicious miners can clog up the system with disproportionately huge blocks.
One of the confusing thing about Monero is that it has multiple keys but the other thing overpowers its cons is its transaction unlinkability.
Monero(XMR), is currently ranked in the top 12 cryptocurrencies according to the market capitalization. Let’s check out the top Monero wallets in 2019.
Ledger Nano S is one of the most versatile and popular hardware Monero wallets, that acts like a USB device, that can get plugged into any device via USB port and supports a wide range of cryptocurrencies like Monero, Stellar, Ripple, Ethereum, Bitcoin, Litecoin, Ethereum Classic and many more altcoins.
Security is what it makes this wallet fall into the top Monero wallet category. It includes a 2-factor authentication, a secured PIN code, and recovery seed accessibility.
It has a built-in OLED screen, where you can check the transaction details with a double tap button. Rather than actually storing your currency, the Nano S tracks your XMR holdings on the blockchain.
Visit here to get more details about Ledger Nano S wallet.
Monero GUI Wallet is Monero’s official desktop client, which is available for Windows, Mac, Linux and a range of other operating systems. It is a full node wallet, where the syncing and downloading process takes some time, making it one of the best Monero wallets windows. It is available in Ubuntu version, actually one of the best performed Monero wallet Ubuntu in use.
It's relatively easy to use for traders with a little or no experience. It has a simple interface where it’s easy to send and receive XMRs.
MyMonero is one of the best Monero online wallets for Monero (XMR), which is easy and convenient to use. Managed by Riccardo “fluffy pony” Spagni, a member of the Monero Core Team, MyMonero provides secure, hosted Monero accounts.
It is a hassle-free web-based Monero wallet, which has a straightforward and intuitive interface, where you must know how to create monero wallet, which is predominantly easy. You have to log in with your 13-word long private log-in key, which you must keep in a safe place.
Monerujo is a lightweight Monero wallet that uses remote nodes to synchronize to the Monero blockchain. It’s an open-source wallet where all of your private data is stored on your device.
The app’s user interface is presented in a simple way and easy to get used to. Some of the prominent features of Monerujo include the ability to manage multiple wallets as well as QR scanning for sending and receiving XMR payments, making it one of the best Monero wallet android.
It is one of the lightweight and easy to use a multi-currency wallet, both for mobile and web version, which is very secure and supports most of the well-known cryptos like Monero, Dash, Bitcoin, Bitcoin Cash, Stellar Lumens, Ethereum, Zcash, Ripple and many other altcoins.
It’s reliable and safe characteristics, and device compatibility feature makes it one of the best Monero wallets ios and android users.
Unlike many other wallets, Guarda doesn't store any client information, wallet data or private keys. The private key is stored in the device’s secure memory and deletes itself if you log out from the wallet. Guarda helps you to shift your assets from one coin to another smoothly, without KYC process, even limits and complex verification procedures.
Monero Paper Wallet contains two QR codes and two keys, wherein one QR code helps you to generate a public address and the other QR code contains the private key.
Paper wallet if stored in a proper way is one of the most secure wallets, wherein there are no risks of getting hacked or getting stolen.
CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to firstname.lastname@example.org or refer our API documentation.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through the global exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!
2019-03-01 11:51:24.154103 | 2 min