How to Create Monero Wallet | Monero Wallet, XMR | Crypto Wallets Info

How to Create Monero Wallet | Monero Wallet, XMR | Crypto Wallets Info - Crypto Wallets Info

Crypto Wallets Info

How to Create Monero Wallet. MONERO

Private Digital Currency

Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes.

Why Monero is different

Monero is secure.

Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.

No surveillance

Monero is private.

Monero uses ring signatures and ring confidential transactions to obfuscate the amounts, origins, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.

Monero is untraceable.

Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

Monero is fungible.

Monero is fungible because it is private by default. In its current state, it is extremely unlikely that Monero will ever be blacklisted by exchanges or vendors due to its association in previous transactions.

Monero is a really promising coin but it's GUI wallet isn't the easiest to figure out. I really like GUI wallets since they are more beginner-friendly, so I took some time to figure this one out. Now, I want to share my process with you! I hope this helps you set up your wallet and get started with the basic functionalities like Receiving and Sending Monero (XMR). Please write to me below if you have any further questions!

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Thursday, 9 April 2020

How to Create Monero Wallet | Monero Wallet, XMR | Crypto Wallets Info