10 BEST Monero Wallets – XMR ( 2023)
Monero is a decentralized digital cryptocurrency system that uses cryptography to ensure all transactions performed remain untraceable. Monero was created in 2012, and it is a fork of the Bytecoin blockchain, which was initially named Bitmonero.
This cryptocurrency pays a lot of attention to the user’s privacy and security. It has steadily become one of the most popular cryptocurrencies in the current crypto market, which you can store using Monero hardware wallets. These digital wallets help you easily store, convert and manage your Monero (XMR) coins.
There are many Monero wallets in the market, and it’s difficult to choose an online XMR wallet for your crypto storage needs. Following is a curated list of top Monero wallet apps that are easy to use and super-secure. The list contains free and paid apps with popular features and website links. Read more…
BEST Monero Wallets: Top XMR Hardware & Software Wallets
✔️ Coins Supported: Monero (XMR)
✔️ Type of wallet: Software wallet
✔️ Price: Free
✔️ Coins Supported: BTC, ETH, XRP, XLM etc.
✔️ Type of wallet: Custodial wallets
✔️ Price: Free
✔️ Coins Supported: BTC, DOT, ETH, etc.
✔️ Type of wallet: Hot and Cold wallet
✔️ Price: Free
✔️ Coins Supported: BTC, ETH, LTC, etc.
✔️ Type of wallet: Hot wallet
✔️ Price: Free
✔️ Coins Supported: BTC, LTC, DOGE, etc.
✔️ Type of wallet: Cold wallet
✔️ Price: $175
1) XMRWallet
It is a free web-based, lightweight Monero wallet.
XMRWallet is an open-source, free Monero wallet that enables you to send and receive Monero without having to download any software. It is open-source, which means anyone can see the code and help make it better. Plus, you do not need to register or give any of your personal information to use it. XMRWallet.com does not keep any records of your transactions. You can use it without worrying about anyone seeing what you are doing with your money.
Coins Supported: Monero (XMR)
Type of wallet: Software Wallet
Price: Free
Pros
Cons
Key Specs:
Coins Supported: Monero (XMR)
Type of Wallet: Software Wallet
Available Countries: Worldwide, supporting 10 languages
Mobile App: None
Available Platforms: Web
Customer Support: Available 24/7 via email
Launch Year: 2014, with active development
Price: Free
2) Uphold
Uphold: Trade and Discover crypto!
With a user base exceeding 10 million spanning across 150 countries, Uphold provides a user-friendly platform for buying, trading, and holding a diverse range of assets, from crypto (over 250) to traditional currencies and precious metals. Uphold’s has a 100% reserve model that safeguards user funds and an openness to transparency, where real-time asset and liability data is publicly available and updated every 30 seconds.
Coins Supported: BTC, ETH, XRP, XDC, DAG, ADS etc.
Type of wallet: Custodial wallets
Price: Free
Pros
Cons
Key Specs:
Coins Supported: 250+ coins are supported, namely: BTC, ETH, XRP, XDC, DAG, ADS etc.
Type of Wallet: Custodial wallets
Available Countries: United States, Canada, the UK, Australia, Japan, Brazil, and many more
Mobile App: Android and iOS.
Blockchain Support: ERC-20, TRC-20, Polkadot, Solana (SPL), Cardano, Ripple, + 20 other networks.
Available Platforms: Web, Android, and iOS
Customer Support: Email & Contact form
Launch Year: 2015
Regulations: Uphold is regulated by FinCEN, FCA, FINTRAC
Price: Free
3) Kraken
Best Wallet with High deposit & withdrawal limits
Kraken is one of the best XMR wallets that offer financial stability to the user by maintaining full reserves, relationships, and the highest legal compliance standards. It helps you to buy and sell digital assets with a single click.
Coins Supported: 120+ coins are supported, BTC, DOT, ETH, DOGE etc.
Type of wallet: Hot and Cold
Price: Free
Pros
Cons
Key Specs:
Coins Supported: 120+ coins are supported, namely: Bitcoin (BTC), Polkadot (DOT), Ethereum (ETH), Dogecoin (DOGE), Cardano, etc.
Type of Wallet: Hot and Cold
Available Countries: Africa, Asia, Europe, North America, Oceania, South America
Mobile App: Android and iOS.
Staking Support: Yes. The APY ranges from 4% to 12%
Blockchain Support: ERC-20, TRC-20, Polkadot, Solana (SPL), Cardano, Ripple, + 20 other networks.
Available Platforms: Web, Android, and iOS
Customer Support: Available 24/7 via live chat, phone, and email.
Launch Year: 2011
Regulations: Kraken is regulated by FinCEN.
Price: Free
4) Binance
Best Wallet with Multiple features
Binance is one of the best XMR wallets that help you create a Monero wallet and offers a platform for trading more than 150 cryptocurrencies. It also offers an API that helps you integrate your existing trading application.
Pros
Cons
Key Specs:
Coins Supported: 1000+ including BTC, ETH.
Type of wallet: Hot wallet
Available Countries: USA, UK, Belgium, France, Italy, and 100+ countries.
Mobile App: Android and iOS.
Insurance: All U.S. dollar deposits at Binance.us are held at custodial bank accounts and insured up to $250,000 for bank failure by the Federal Deposit Insurance Corp.
Staking Support: It launched the “High-Yield Center,” where you can stake and earn up to 104.62% APY.
Blockchain support: BNB, Polygon (MATIC), SOL, Polka dot (DOT), Cardano (ADA), ERC-20, BTC, ETH, LTC, etc.
Launch Year: 2017
Price: Free
5) Ledger
Best Cold Wallet
The Ledger is a hardware wallet that supports a multitude of cryptocurrencies. It is one of the best hardware XMR wallets having an LED display for payment validation and a PIN to confirm payments.
Coins Supported: BTC, LTC, DOGE, ETH, etc.
Type of wallet: Cold wallet
Price: $175
Pros
Cons
Key Specs:
Coins Supported: 5500+ coins, including Bitcoin, Litecoin, Dogecoin, Ethereum, LINK Chainlink, etc.
Type of Wallet: Cold wallet
Available Countries: Delivered to all the countries
Mobile App: Android and iOS.
Size: 72mm × 18.6mm × 11.75mm
Material: Brushed stainless steel and plastic
Exchange Incorporated: Yes
Battery: Lithium-ion 100mAh battery that gives 8 hours of extended battery life.
Connectivity: Bluetooth and USB-C cable
Customer Support: It has a vast knowledge-based page, live chat, and email chat
Staking Support: Yes
Blockchain Support: ERC20
Certification Level: CC EAL5+
Price: $175
6) Trezor
Best Hardware Wallet
Trezor is a hardware Monero wallet that helps you store your Monero coins with ease. You can easily plug it into your computer or smartphone devices. It also allows you to randomly generate a PIN that keeps your device safe and secure.
Pros
Cons
Key Specs:
Coins Supported: 1800+ including Bitcoin, Ethereum, Ripple, HEX, etc.
Type of Wallet: Cold wallet
Available Countries: Delivered to all the countries
Mobile App: Android
Compatibility: Linux, Android, Windows 10+, macOS 10.8+
Size: 64 mm x 39 mm x 10 mm
Connectivity: USB-C connector
Staking Support: Trezor hardware wallets do not allow cryptocurrency staking. Users can, however, link the Trezo Model T or Trezor One wallet to a third-party validator or staking pool. They can also use the Exodus wallet as a staking interface
Available Platforms: macOS, Windows, or Linux
Customer Support: email, Trezor wiki page, FAQ section
Certified: Trezor devices are clearly CE and RoHA certified.
Launch: 2012
Blockchain Support: ERC20
Price: 189 EUR
7) Cex.io
Best for trading major cryptocurrencies
Cex.io is one of the best Monero wallets which helps you to buy and sell cryptocurrencies. It helps you to deposit funds using MasterCard, VISA cards, or PayPal. This cryptocurrency platform follows scalping and frequency trading strategies to secure assets and data.
Pros
Cons
Key Specs:
Coins Supported: Bitcoins, Ethereum, XRP, XMR, LTC, Cardano, Neo, etc.
Type of Wallet: Software wallet
Mobile App: Android and iOS
Customer Support: email and Chat
Launch Year: 2013
Security: Secure
Price: Free
8) Gemini
Best for beginners
Gemini is one of the best Monero wallets that helps you to legitimize cryptocurrencies worldwide. It is a simple, elegant, and secure way to build a crypto portfolio. It also provides discounts up to 0% for volume traders.
Pros
Cons
Key Specs:
Coins Supported: 70+ including Bitcoin, Ethereum, Litecoin, Cardano and Bitcoin Cash, etc.
Type of Wallet: Software wallet
Available Countries: Delivered to all the countries
Mobile App: Android and iOS
Compatibility: Linux, Android, Windows 10+, macOS 10.8+
Customer Support: email and Chat
Hardware Wallet Compatibility: No
Security: Very secure
Launch Year: 2014
Price: Free
9) CoinBase
Best Wallet for Beginners
Coinbase is a Monero wallet that can be utilized for crypto purchases, selling, transfers, and storage. It can securely store a wide range of digital assets in offline storage. It is one of the best Monero wallets supported in more than 100 countries.
Pros
Cons
Key Specs:
Coins Supported: 500+ cryptocurrencies, including BTC, ETH, LTC, BCH, DOGE, etc.
Type of wallet: Hot storage
Available Countries: 100+ countries like North America, South America, Europe, Asia, Oceania, Africa, etc.
Mobile App: Android and iOS.
Insurance: Coinbase maintains crypto-insurance and all USD cash balances covered by FDIC insurance, up to a maximum of $250,000.
Staking Support: Up to 8% APY in crypto savings
Blockchain Support: It supports various blockchains like Arbitrum, Avalanche C-Chain, BNB Binance Smart Chain, Gnosis Chain, Fantom Opera, Optimism, Polygon, xDai.
Customer Support: Coinbase help page, emailed support, an automated phone system, and a chatbot.
Regulations: Coinbase is also registered as a Money Services Business with FinCEN.
Available Platforms: Web, Mobile, and Desktop
Launch Year: 2012
Signup Bonus: $5 For US Citizens
Price: Free
10) PrimeXBT
Best anonymous Bitcoin wallets
PrimeXBT is a multi-asset trading platform, which means cryptocurrency is one of the assets out of the many that you can find on this platform. It provides some amazing leverage options, and the fees on this platform are very competitive.
Pros
Cons
Key Specs:
Coins Supported: BTC, ETH, LTC, XMR, XRP, EOS.
Type of Wallet: Software
Available Countries: German, French, English, Italian, Spanish, Russian, Portuguese, Japanese
Mobile App: Web, Android, and iOS.
Wallet Type: Software
Available Apps: Web, Android, and iOS.
Customer Support: Live Chat, Email Support.
Blockchain Support: BTC, EOS, ETH, LTC, and XRP
Supported Coins: BTC, ETH, LTC, XMR, XRP, EOS.
Launch Year: 2019
11) Coinsmart
Best Wallet for Canadians
Coinsmart is a digital currency exchange that enables you to buy and sell crypto with no hassle. It helps you to access your cryptocurrencies, payments, and your transactions instantly. It is one of the best Monero wallets that provides a quick and easy way to send invoices to your customers using SmartPay Invoicing.
Pros
Cons
Key Specs:
Coins Supported: CoinSmart currently offers 16 Cryptocurrencies, including BTC, ETH, LTC, BCH, EOS, XLM, ADA, DOGE, DOT, etc.
Type of wallet: Cold wallet and Hot wallet
Available Countries: Canada, Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Turkey
Mobile App: Android and iOS.
Insurance: Their cold wallets are insured by BitGo for 200 million.
Customer Support: CoinSmart provides 24/7 omnichannel customer support, SmartRep, via email or live chat.
Regulations: Canadian Securities Administrators’ (CSA), Investment Industry Regulatory Organization of Canada (IIROC), and Ontario Securities Commission (OSC)
Launch Year: 2018
Staking Support: No
Blockchain support: ERC-20 and standard BTC wallets.
Price: Free
Link: https://www.coinsmart.com/
12) Monero GUI Wallet
Best for monero (XMR) currency
Monero GUI Wallet is an open-source and official desktop client which supports XMR wallets. It is one of the best XMR wallets with a native UI/UX suitable for crypto novices.
Pros
Cons
Key Specs:
Supported Coins: XMR
Wallet Type: Software, Desktop
Available Platforms: macOS, Windows, and Linux
Customer Support: Community
Mobile App: macOS, Windows, and Linux
Price: Free
Launch year: 2014
Link: https://www.getmonero.org/
How to buy Monero XMR?
Below are the steps to buy Monero (XMR):
Step1) Register on the Binance site by clicking Register Now button
Step 2) In the next step,
- Select the method as Email
- Enter your email address and password and click on the Create Account button
Step 3) For the additional security measure, Binance asks you for the puzzle verification. Just drag and drop your mouse to complete the puzzle shown on your screen.
Step 4) Enter the verification code you have received in your mail-id.
Step 5) Complete all the registration formalities. Enter credit card and billing details. You can now proceed with your XMR purchase
1. Click on the Trade menu
2. Then press the Convert option to convert your fiat currency into XMR
Step 6) In the Convert & OTC Portal screen,
1. Select Euro (or any other Fiat currency you want to deposit) and enter the amount you want to convert into an XMR coin
2. Click on the Preview Conversion button.
Step 7) You will see the amount of XMR you will receive after conversion. If all is okay, click Convert to proceed with the transaction.
Step 8) Conversion process is successful! You can check the complete status of your transaction by clicking on View Status
Buying Guide:
BEST Monero Wallets
✔️ Coins Supported: Monero (XMR)
✔️ Type of wallet: Software wallet
✔️ Price: Free
✔️ Coins Supported: BTC, ETH, XRP, XLM etc.
✔️ Type of wallet: Custodial wallets
✔️ Price: Free
✔️ Coins Supported: BTC, DOT, ETH, etc.
✔️ Type of wallet: Hot and Cold wallet
✔️ Price: Free
✔️ Coins Supported: BTC, ETH, LTC, etc.
✔️ Type of wallet: Hot wallet
✔️ Price: Free
✔️ Coins Supported: BTC, LTC, DOGE, etc.
✔️ Type of wallet: Cold wallet
✔️ Price: $175