This feature covers several cryptocurrencies, including Tezos (XTZ), Cosmos (ATOM), Tron (TRX), and more. One fantastic feature of the Guarda wallet is its integrated exchange functionality, facilitating effortless conversion of XMR and other cryptocurrencies, eliminating the need for users to transfer their crypto assets to external exchanges for swapping purposes.įor those security buffs out there, they will be happy to note that the Guarda wallet is fully compatible with hardware wallets, enabling users to store their private keys on a ledger device and use it to sign transactions securely.Īdditionally, the Guarda wallet allows users to participate in cryptocurrency staking, offering opportunities to earn returns. The Guarda wallet is available for most operating systems while allowing users to maintain absolute control over their private keys. Notably, they have obtained a financial license issued by the Estonian authorities, underscoring their credibility. Guarda is an actively involved company in the development of various crypto-related products and operate out of Estonia. Guarda Wallet is a proven secure and massively popular cryptocurrency wallet that supports hundreds of thousands of coins/tokens and over 50 blockchains, including Monero. Guarda Wallet (Desktop and Mobile Wallet) So, it appears that you are paying a premium for that colour touch screen. The Trezor Model T costs €149 which means that it is quite a bit more than the Ledger Nano X. There is always the risk that a third party is selling you a tampered device. You can see the guide here.Ĭaution ⚠️: When buying any hardware device, make sure that you are buying it from the official store. Then once that is on your PC you can connect your Trezor and sign your transactions / view your balance etc. Like the Ledger, you will have first install the official Monero wallet. You also have support for a plethora of other coins as it is a multicurrency wallet. The Model T is pretty neat in that it is the only hardware wallet with a colour touchscreen which makes for a more seamless user experience. Like the Ledger, there are two versions of the Trezor wallet however only the more expensive Model T supports Monero. The second most popular hardware wallet on the market is the Trezor. For further instructions, you can read their in depth guide here. You will first have to install the Monero app on your Ledger device and then connect it to the pc that has the Monero GUI installed. Although Ledger does have a PC wallet program called Ledger Live, it does not support Monero. When using your Ledger wallet to send Monero, you will have to use the Monero core GUI wallet (covered below). All signing is done on the device and it interacts with the PC applications via USB. They are also never exposed to an online environment and are kept "cold". Hacker Proof □□□: Hardware wallets are so secure because your private keys never leave the device. It costs slightly more though at $145+ vs. Get your Ledger Nano X From the official storeīoth of these support Monero although the Nano X has more coin support as well as Bluetooth and more app storage options. The Ledger devices are also multicurrency wallets which means that you can store 1,000+ different coins on it. It was one of the first hardware wallets offering support for XMR. One of the most popular currently on the market is the Ledger Nano. Perhaps one of your best bets for storing your Monero is in a secure hardware wallet. With that being said, let's start with one of the most secure and expensive options. There may be other wallets mentioned but we didn't think they stacked up to the same level as the more established options. We base it on the security of the wallet, ongoing support, community feedback, ease of use and cost. 8 Best Monero Wallets for 2023īefore we dig into the various wallet and storage options, it is important to mention our criteria for the selection of the "best" Monero wallets. I will also give you some top tips to consider when safely storing your XMR. In the following guide, I will take you through the top 8 best Monero Wallets on the market. This makes it more difficult to decide the best wallet for storing your Monero, but I’m here to help you navigate that decision. It's become popular because cryptocurrency users appreciate the privacy features that come with the use of Monero.Īlong with the growth in the popularity of Monero, the number of wallets supporting this privacy-centric coin have increased. Monero (XMR) is listed in the top 30 cryptocurrencies by market capitalization.
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