Securely Store Your Monero

What is Monero?

Monero is an open-source privacy blockchain that allows transactions to occur on the blockchain, with total anonymity through its unique mechanisms. Monero is the leading privacy coin in the market today, as it comes with several advantages.

The general nature of cryptocurrencies is to keep transactions discrete, however flagship coins like Bitcoin and Ethereum are only cryptic up to an extent.

Transactions can still be traced on the blockchain to a particular user — especially when paired with centralized exchanges. Monero solves this problem by creating an opaque blockchain with additional features such as Stealth Addresses, RingCT, Ring Signatures, Dandelion++, etc.

How to create Monero wallet?

Creating Monero wallet with Coin Wallet is fast and hassle-free. You can do it from your computer or mobile device without providing any personal information.

The process is simple:

1. Select “Create new wallet”.
2. You will be given a unique passphrase. This is your only way to access your wallet. This information cannot be retrieved if lost, so it is essential to record it in a secure place.
3. Set a PIN for quick access on your device.
4. From here, you’re ready to send, receive and exchange Monero with the app.