How to create Monero wallet

Nikita Verkhovin

How to Wallet Guide Monero XMR
How to create Monero wallet

Monero, which launched in 2014, aims to provide private and anonymous transactions. Monero is a privacy cryptocurrency. Unlike Bitcoin, XMR employs advanced cryptography to hide senders and recipients. Monero prioritizes privacy and security first, followed by ease of use and efficiency. XMR allows for quick, inexpensive payments without censorship.

Monero

To fully own XMR, first create a new Coin Wallet account. Coin Wallet is a software wallet that stores your private keys solely on your device. It allows you to purchase, sell, exchange, receive, and store Monero.

How to create Monero wallet

1. Install Coin Wallet on the operating system you prefer (Windows, Linux, macOS, iOS, or Android). As an alternative, simply launch the Web application in your browser.

2. Press the "Create New Wallet" button.

step 2

3. Click on the "Generate Passphrase" button.

step 3

4. You should write down your twelve-word passphrase and then keep it somewhere safe. Read the Terms of Service and make sure you agree to all of them.

step 4

5. Enter two words from your passphrase, and then click the "Confirm" button.

step 5

6. Create a PIN for easy access. This PIN will only work on the current device.

step 6

7. If you would rather use biometric authentication than a PIN, turn it on.

step 7

8. Completed. The main screen will appear in a few seconds. Locate and pick Monero from the cryptocurrency list.

step 8

9. Go to the "Receive" page to see your Monero wallet address. It can be used to receive XMR.

step 9

Send an email to support@coin.space if you have any questions.

Frequently Asked Questions

How do I create a wallet address in Monero?

A Monero address will be generated immediately after logging in. In simple terms, a Monero address is generated from a 12-word passphrase. To view your Monero wallet address, select Monero from your cryptocurrency list and go to the “Receive” page.

Is Monero wallet free?

Yes, Monero wallet is free. You don’t need to pay to install it.

Which Monero wallet is the best?

We suggest that you use Coin Wallet. The best Monero wallets are talked about in more depth in this article.