How To Send Receive Monero Coin | Monero Crypto Currency

How To Send Receive Monero Coin | Monero Crypto Currency - Crypto Wallets Info

Crypto Wallets Info

How To Send Receive Monero Coin. If someone has given you their Monero address, also known as their "public address" or "wallet address", you can send funds to them using the "Send" button. All you need to do is enter a Monero amount, enter their address and click "Send". Your Monero wallet has a unique "public address". This is referred to as just "address" in the screenshot. If you want someone to send funds to you, tell them this address. That's all you need to do - the rest of the features in the screenshot are for advanced users only.

All you need to do is enter a Monero amount, enter their address and click "Send". Sometimes, people will ask you to specify a payment ID when you send funds to them, so enter that into the box if they've required this from you. Monero payments are private, so if you don't specify a payment ID, the recipient won't know who paid them unless you tell them the payment ID that you used. If you enter a description, this will only be for your own personal reference and is not shared with anyone else.

You will almost never need to change the "transaction priority" or "privacy level" from their defaults. Monero's "adaptive block size" mechanism means the network will automatically attempt to increase its capacity when it is dealing with increased transaction volume, so you will rarely need to prioritise your transaction. If you do increase the transaction priority setting, note that this will increase the fee you pay to make the transaction.

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How To Restore Wallet Of Monero Coin. Step by step video to restore your monero address from Seed. Keep Restore from seed selected, give your wallet a name & storage location, and complete the Enter your 25 (or 24) word mnemonic seed. Optionaly, specify a Restore height (optional) to avoid scanning of oldest blocks. Then click the Right arrow.

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How To Send Receive Monero Coin | Monero Crypto Currency