I think you will agree with me when I say :
It’s tough to get a reliable wallet for Monero, and I think many of us have faced this issue for quite some time.
But what if I say that’s not the case anymore as we now have several easy to use and reliable Monero wallet for every type of user.
And in this post, I am exactly going to tell you about many reliable Monero wallets for desktop operating systems such as Windows, Mac, Linux as well as iOS and Android wallets.
It gets better:
Now you have hardware wallet support for Monero also available.
But before going into each one of them, let me tell you the reason why it took so long for several Monero wallets to come out.
The delay happened because Monero is highly secure private money and that’s why its architecture is quite complicated which led to the ultimate delay in getting light Monero wallets especially the hardware wallets.
But this is solved now, and we have many popular and reliable Monero (XMR) wallets that you can use to store Monero.
|Type of Wallets||Wallet name|
|Ledger Nano X [Recommended]|
|Ledger Nano S|
Android & iOS Wallet Apps
|Cake Wallet & Edge Wallet|
|Monero GUI Wallet|
2020’s Best Monero (XMR) Wallets To Use
#1. Ledger Nano X [Recommended Hardware Wallet]
Ledger Nano X is the new breed of hardware wallet launched by Ledger SAS company in 2019.
It certainly provides more features and better security than other peer hardware wallets. Nano X comes with a battery and is a Bluetooth enabled device that can integrate with your iOS & Android devices.
As of now, you can store 1000+ cryptocurrencies on it including Monero coins for complete anonymity and privacy of your funds even while transacting.
Lastly, it is an HD wallet which is non-custodial one so you will always remain in control of your Monero coins if you store them on Ledger Nano X.
So what are you waiting for? If you are a Monero holder and want to secure your Monero in the best possible way!!
#2. Ledger Nano S [Budget Wallet]
Ledger Nano S is a must-have in your toolkit if you are into crypto.
For those of you who don’t know about Ledger Nano S, it is a cryptocurrency hardware wallet that looks like a small flash drive and comes with an OLED screen.
The OLED screens and the two side buttons help you navigate the Ledger Nano S UI easily, and it’s newly launched Ledger Live desktop app is just awesome.
Ledger Nano S is an HD wallet that supports 700+ cryptocurrencies including Monero.
And I must admit that many Monero fans like me were waiting for long to see this day when Monero’s support comes on Ledger Nano S device.
However, Monero is not yet supported on the native Ledger Nano S app, but it is now compatible with the Monero GUI wallet. Which means you can use Monero on Ledger Nano S.
Look no further than Ledger Nano S wallet.
#3. Monerujo Wallet (Android Wallet)
Monerujo is the first mobile wallet app for Monero, and the good thing is, it is an Android app.
With this wallet, you control your Monero as you get the seed while setting it up for the first time. Also, you can make multiple wallets easily for free using the Monerujo wallet.
It also supports QR feature which is a good one to have to avoid typos while copy-pasting addresses.
And it gets better:
If you want to pay someone in BTC and still be anonymous, you can do so by using the Monerujo wallet. Monerujo wallet integrates with XMR.to through which you can pay any Bitcoin address in the world while protecting your privacy.
#4. Cake Wallet (Mobile Wallet)
Cake wallet is a multi-lingual Monero-only wallet for storing Monero cryptocurrency.
But this wallet is only for iOS users, and here you get full access to your private keys through your 13-word seed that Cake wallets provide.
With a Cake wallet, you can create multiple new wallets and set your own transaction speed. You also get the feature of Face ID recognition with the iOS wallet for enhanced security.
Cake wallet is now present in Mandarin, Russian, Spanish, German, Hindi, Korean, Japanese, Portuguese, Polish and Dutch and More languages.
So go ahead and enjoy your private transactions with Monero Cake wallet.
#5. Edge Wallet (Mobile Wallet)
Want an even simpler mobile wallet for Monero?
Well, we have got your back as we have found the Edge wallet.
Edge Wallet is the multi-currency wallet for Android and iOS users. The good news is that it supports Monero on both mobile OS. I keep this wallet always in my device as a backup option because it is effortless to use and fast to set up.
For using Edge, you need not take any backups of your seed or private keys/passphrase. Instead, you can directly get started by setting up a login and password for your wallet.
And a piece of advice from my side if you choose to use Edge wallet for your Monero coins, use their Biometric TouchID and FaceID login as this will add another layer of security to your device.
#6. Exodus Wallet (Desktop & Mobile Wallet)
Exodus wallet is a pioneer cryptocurrency wallet that I have used since my early days in crypto and now it has become a go-to Monero wallet too for many.
It is a multi-currency non-custodial wallet that provides support to 100+ cryptocurrencies including Monero currency. As you might be knowing, Monero has very few good wallets and now Exodus has also integrated Monero.
When you used Exodus, you remain in total control of your private keys through the seed words it provides at the time of set-up. Moreover, Exodus wallet supports hardware wallets like Trezor for increased security of your funds.
When you speak of UI & UX in crypto applications, Exodus has been mentioned because of their intuitive design unmatchable to any other wallet.
Initial Exodus started with its Desktop only wallet (Windows, Mac, Linux) but now they have their equally secure and intuitive mobile apps for iOS and Android users to manage their cryptocurrencies.
#7. Monero GUI Wallet (Desktop Wallet)
Monero GUI wallet is the official wallet by Monero developers.
It is a heavy wallet that is required to run a Monero full node, and that’s why you are required to download the full Monero blockchain for using the Monero GUI wallet.
The blockchain synchronization can take up to several hours after its downloaded. And after the sync is complete, you can set up the non-custodial Monero desktop wallet by backing-up your 25-word seed.
Monero GUI wallet is available for Windows, Mac, Linux as of now.
#8. Monero Offline Wallet (Paper Wallet)
If you like paper wallets, the Monero Offline wallet generator is for you.
Using Monero offline generator, you can create easy to use Monero paper wallets which will have a pair of private and seed keys printed. You also get the view and secret keys with that which are essential to use Monero.
But paper wallets are not for everyone as you need to be extra cautious for using them and when you have hardware wallets like Ledger Nano S, you shouldn’t need paper wallets.
Anyways, if you like to get yourself a Monero paper wallet, do check out MoneroAddress.
#9. MyMonero (Web Wallet)
MyMonero is another official wallet by Monero, and the good thing is that it is on the lighter side of things.
It means you need not download the whole blockchain to use this wallet and you can simply start with MyMonero right away as it is a web wallet.
However, I want to leave you with a note of caution by the Monero team:
MyMonero is a web-based interface that allows you to use Monero without running a full Monero node. However, because this convenience comes at a cost: it is extremely difficult for MyMonero to securely deliver its code to your browser. This means that there is considerable risk in using MyMonero for large amounts! It is recommended that you treat MyMonero as you would treat your actual wallet, and not store very large amounts in it. For the long-term storage of Monero, you should create a cold wallet using MoneroAddress or similar.
Trezor hardware wallet is also preparing to support Monero as soon as possible.
And in my opinion, that would be a great move where you will have two hardware wallets supporting Monero. And this will likely open up the way for more cold wallet options for storing Monero in the future.
If you are looking for a single recommendation to store and secure your Monero coins for the long term, look no beyond than Ledger Nano X.
So that’s all from my end today on Monero wallets.
If I have missed any reliable mobile or hardware wallet in this list of Monero wallets, feel free to comment below, and I will be happy to review & add it 🙂
Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.
- 2020’s Best Monero (XMR) Wallets To Use
- #1. Ledger Nano X [Recommended Hardware Wallet]
- #2. Ledger Nano S [Budget Wallet]
- #3. Monerujo Wallet (Android Wallet)
- #4. Cake Wallet (Mobile Wallet)
- #5. Edge Wallet (Mobile Wallet)
- #6. Exodus Wallet (Desktop & Mobile Wallet)
- #7. Monero GUI Wallet (Desktop Wallet)
- #8. Monero Offline Wallet (Paper Wallet)
- #9. MyMonero (Web Wallet)