Since the Bitfinex hack in August 2016 and many other hacks since, people keep casually guessing which crypto platform will get attacked next.įortunately, the situation has changed lately and it’s getting easier to get user-friendly Monero wallets. developers are not just in for the quick buckīut for the longest time, if you wanted to LTH Monero, the only hassle-free way was the dodgy setup of money on the exchange.Monero is one of the altcoins that cannot be called shitcoin: The official XMR node client is available from. In terms of security, running own Monero node is the best option. Of course if you want to, you can run a Monero full node. No other TLD alternatives of MyMonero are legitimate other than mymonero dot com.Įlectrum, the famous Bitcoin light wallet, does not support Monero.Ī prehistoric version of Monero used to be similar to Bitcoin enough to be stored in a Bitcoin wallet, but those days are long gone.ĭo you need to run Monero Full Node to store Monero? is legitimate and maintained by the XMR core team. Once again, avoid Freewallet, the app holds users’ private keys and there have been multiple scam accusations. Ledger Nano X Frequently searched questions ![]() The hardware wallet app would have been obsolete very soon.Įventually, we got Ledger supporting Monero. The same story happened with Trezor and Ledger integration There have been years of plans and announcements about hardware wallets intergations of Monero, but the problem was the Monero blockchain needed a special integration, which was expensive, and on top of that kept evolving. That is now finally possible and it opened up avenues for other legitimate wallet integration like Ledger or Exodus. MyMonero is now available as a smartphone Monero wallet app and a desktop wallet for Mac, Windows and Linux.įluffypony (the creator of the Monero currency) said long ago there were plans for official Android and iOS apps done as user-friendly apps that will connect to a remote node, so that you would not have to set up your own full nodes and sync them. MyMonero wallet is here the most trusted desktop and smartphone XMR wallet because it was developed by the creator of the currency.
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