We ranked the best Monero wallets for 2024 based on security, usability, and device compatibility. In an ever-changing cryptocurrency world, these wallets make it simple for investors and casual users to manage Monero holdings.
10 Best Monero Wallets of 2024
1. Monero GUI Wallet
The Monero community has created an open-source Monero GUI Wallet suitable for both beginners and advanced users. It includes simple and advanced modes, merchant pages, support for hardware wallets such as Trezor and Ledger, in-app fiat conversion, blockchain pruning, and over 30 languages. It also supports in-app fiat conversion and blockchain pruning.
Non-custodial: Yes
Open source: Yes
Created: 2016
2. Coin Wallet
Coin Wallet, a non-custodial multicurrency wallet, allows you to easily send, receive, buy, sell, and exchange Monero and other coins and tokens. Wallet is accessible via desktop applications for Windows, Linux, and MacOS, as well as mobile apps for iOS and Android.
Non-custodial: Yes
Open source: Yes
Created: 2015
3. Monerujo
Monerujo is a lightweight Android wallet and management app for Monero. Remote nodes synchronize with the Monero blockchain while retaining all private data on the device. The app works with Ledger hardware wallets, non-custodial keys and coins, and multiple wallets, accounts, and addresses. In addition to street mode, Monerujo provides automatic scanning for open public nodes, multiple color schemes, and KYC-free transactions. It supports 25 languages.
Non-custodial: Yes
Open source: Yes
Created: 2017
4. Cake Wallet
Cake Wallet is a multilingual Monero wallet for iOS and Android that provides full access to private keys and supports Face ID recognition. It supports multiple wallets, allows for easy cryptocurrency exchanges, and accepts a variety of fiat currencies. Cake Wallet provides customizable transaction speeds, coin control, multilingual support, and easy exchange.
Non-custodial: Yes
Open source: Yes
Created: 2018
5. MyMonero
The MyMonero app is a quick and feature-rich way to use Monero, a privacy-focused digital currency. Every transaction is secure thanks to peer-reviewed cryptography, and users can access their funds from anywhere. The app is ideal for Monero users who do not want to set up their own Monero server, as it eliminates the need to download and scan the blockchain.
Non-custodial: Yes
Open source: Yes
Created: 2014
6. Exodus
Exodus, a desktop and mobile cryptocurrency wallet, is an excellent option for beginners. Join Exodus and gain access to over 300 cryptocurrency assets. Additional benefits for wallet users include live chat, email support, and an integrated exchange.
Non-custodial: Yes
Open source: No
Created: 2015
7. Guarda
Guarda Wallet can be used from any web browser, device, or location. Guarda is well-known for supporting a diverse range of blockchains and digital assets. Guarda is compatible with over 400,000 cryptocurrencies, according to their website.
Non-custodial: Yes
Open source: No
Created: 2017
8. Ledger
When it comes to hardware wallets, Ledger is one of the best options available. Ledger supports over 5,500 digital currencies, and the hardware wallet works with software wallets like MetaMask and Guardian. The Nano S Plus is Ledger's most affordable model, costing only $79 in total.
Non-custodial: Yes
Open source: Yes
Created: 2014
9. Trezor
Trezor is one of the most affordable hardware wallets available today, with the Trezor One costing only $69. Trezor currently supports nearly a thousand distinct cryptocurrency pairs. Trezor does not work with traditional wallets, whereas Ledger does.
Non-custodial: Yes
Open source: Yes
Created: 2013
10. Edge
Edge is a secure and user-friendly cryptocurrency and Monero wallet with complete privacy and security. It allows users to easily manage, transfer, and exchange their funds. Edge has a simple account creation process, hierarchical deterministic cryptocurrency wallets, and a decentralized server architecture.
Non-custodial: Yes
Open source: Yes
Created: 2014
Frequently Asked Questions
Which Monero wallet to use?
It’s up to you, but we recommend Coin Wallet because it’s a non-custodial wallet with an easy-to-use interface and blazingly fast synchronization.
Why is Monero illegal?
Monero is a privacy coin. Monero transactions cannot be tracked in terms of senders, receivers, or amounts, which is why Monero may be illegal in some countries.
Is Monero 100% untraceable?
Yes, monero transactions are untracable. However, it is important to note that while Monero transactions are highly private and untraceable, there are still potential vulnerabilities that could compromise anonymity. It is always recommended to stay informed on the latest developments in privacy technology to ensure maximum security when using Monero.
