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Cryptocurrency News Articles

8 Best Monero (XMR) Wallets in 2025

Jan 02, 2025 at 08:04 pm

Monero (XMR) used to be the privacy coin that everyone was talking about. Although it has since decreased in popularity a bit, partly due to new alternatives that came out, it’s still one of the most well-known cryptocurrencies with a focus on privacy and anonymity.

8 Best Monero (XMR) Wallets in 2025

Monero (XMR) has maintained its status as a leading privacy coin, despite recent shifts in the crypto landscape. While newer alternatives have emerged, XMR remains a top choice for users prioritizing anonymity and untraceable transactions.

If you're planning to acquire Monero in 2025 and are seeking a reliable wallet to safeguard your holdings, several options cater to varying needs. From the enhanced security of hardware wallets like Ledger Nano S Plus to the privacy-focused features of the Monero GUI Wallet, and the convenience of mobile wallets such as Cake Wallet and Monerujo, there's a wide range to explore.

Here's a quick overview of the 8 best Monero (XMR) wallets in 2025:

Now, let's delve into the details of each wallet and uncover their strengths and weaknesses to help you make an informed decision.

1. Monero GUI wallet – feature-rich and user-friendly XMR wallet

The Monero GUI Wallet stands out with its user-friendly design, catering to users who prioritize extensive security features.

This wallet is meticulously crafted to provide a comprehensive and secure way to manage Monero transactions. Being a full-node wallet, it does require users to download the entire Monero blockchain, which can be resource-intensive and time-consuming, but it ensures high-level security and privacy.

One of the key benefits is that the Monero GUI Wallet supports multiple languages, making it accessible to non-English speakers. Additionally, being open-source, it's subject to community scrutiny, transparency, and potential enhancements driven by user feedback or developer contributions.

This wallet further integrates advanced privacy features, such as stealth addresses and ring signatures, staying true to the core ethos of Monero's focus on untraceable transactions.

With robust security measures and a community-backed framework, the Monero GUI Wallet serves as a reliable tool for managing your Monero assets securely.Â

Two main drawbacks are:

Get the Monero GUI Wallet

2. Ledger Nano S Plus – reliable hardware wallet with excellent security

Being the first and only hardware cryptocurrency wallet on our list, Ledger Nano S Plus is a premier choice for safeguarding Monero holdings. It offers an excellent combination of security and usability.Â

With support for over 5,500 cryptocurrencies (including Monero), this hardware wallet ensures that your private keys are safeguarded by a Secure Element chip. With this wallet, your crypto assets are stored offline, which keeps them out of reach from online threats.

Its interface, while not the easiest to navigate, is still quite well thought-out and makes maneuvering and managing multiple assets smoother without compromising on security.

You’ll appreciate the full control over your private keys, which never leave the device, so the risk of unauthorized access is truly minimal. Regular firmware updates address potential vulnerabilities, maintaining the highest level of security.

Setting up the Ledger Nano S Plus is straightforward, and it integrates seamlessly with various software wallets like the Monero GUI. You can manage your XMR through this combination while enjoying the peace of mind that comes from knowing your private keys are stored securely offline.Â

The device also features improved memory capacity compared to its predecessor, Ledger Nano S, which lets you install more apps simultaneously.

The Ledger Nano S Plus strikes a great balance between security and accessibility. This wallet is dependable, not too hard to use, and its security is essentially as good as it can realistically get.

To learn more, read our comparison of Ledger Nano S vs Ledger Nano S Plus.

Buy the Ledger Nano S Plus

3. Cake Wallet – mobile wallet with built-in exchange features

Cake Wallet is a mobile-first wallet for managing Monero assets, providing you convenient access on both iOS and Android platforms (it’s also available on desktop as beta).

This wallet is designed with client-side security in mind. It focuses on user privacy and transaction safety, which aligns with the confidentiality principles of the Monero blockchain.

Key features that make Cake Wallet stand out include:

Cake Wallet also includes built-in exchange functionality. This allows users to swap between different cryptocurrencies directly within the app. Its emphasis on privacy is evident in features like advanced security settings and support for subaddresses

Its user-friendly interface and quality-of-life functionalities make it a great choice if you’re looking for convenience and ease of use.

Get the Cake Wallet

4. Edge Wallet – mobile wallet with client-side encryption and many other security features

As a user-friendly mobile wallet, Edge Wallet supports Monero as well as many other cryptocurrencies. Unfortunately, it’s not available on desktop.

Edge Wallet integrates client-side encryption, which means your private keys are securely stored on your device. This gives you greater control over your funds and improves the security of your transactions. Also, 2FA and biometric security options are available to further

News source:coincodex.com

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 05, 2025