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What are the recommended wallets for storing XMR securely?

avatarMahesh JakkulaDec 13, 2021 · 3 years ago3 answers

I am looking for recommendations on wallets that are considered secure for storing XMR (Monero). Can you suggest any wallets that have a good reputation for security and are trusted by the XMR community?

What are the recommended wallets for storing XMR securely?
Cryptocurrency
XMR
Monero

3 answers

  • avatarDec 13, 2021 · 3 years ago
    Sure! One highly recommended wallet for storing XMR securely is the Monero GUI wallet. It is the official wallet developed by the Monero project and offers a user-friendly interface with advanced security features. You can download it from the official Monero website and follow the instructions to set it up. Remember to always keep your wallet software up to date to ensure the latest security patches are applied.
  • avatarDec 13, 2021 · 3 years ago
    If you prefer a hardware wallet for added security, the Ledger Nano S is a popular choice among the XMR community. It is a hardware device that stores your private keys offline, making it resistant to hacking attempts. You can use it in conjunction with the Monero GUI wallet to securely manage your XMR holdings. Just make sure to purchase the hardware wallet from the official Ledger website to avoid counterfeit devices.
  • avatarDec 13, 2021 · 3 years ago
    At BYDFi, we recommend using the Monero GUI wallet for storing XMR securely. It is a trusted wallet with a strong reputation for security. You can download it from the official Monero website and follow the setup instructions. Remember to always keep your wallet software up to date to ensure the highest level of security for your XMR holdings.

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