{"id":5549,"date":"2020-10-27T17:27:36","date_gmt":"2020-10-27T15:27:36","guid":{"rendered":"https:\/\/godex.io\/blog\/?p=5549"},"modified":"2026-03-04T20:07:55","modified_gmt":"2026-03-04T18:07:55","slug":"monero-wallet-which-one-to-choose-in-2020","status":"publish","type":"post","link":"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020","title":{"rendered":"Monero wallet. Which one to choose in 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_25_1 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#what_is_monero\" title=\"What is Monero?\">What is Monero?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#how_to_store_monero_coins\" title=\"How to store Monero coins\">How to store Monero coins<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#top_7_monero_wallets_in_2020\" title=\"Top 7 Monero wallets in 2020\">Top 7 Monero wallets in 2020<\/a><ul class=\"ez-toc-list-level-3\"><li class=\"ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#ledger_nano_s\" title=\"Ledger Nano S\">Ledger Nano S<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#exodus_wallet\" title=\"Exodus Wallet\">Exodus Wallet<\/a><\/li><\/ul><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#guarda_wallet\" title=\"Guarda Wallet\u00a0\">Guarda Wallet\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#cake_wallet\" title=\"Cake Wallet\">Cake Wallet<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#coinomi\" title=\"Coinomi\">Coinomi<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#mymonero_wallet\" title=\"MyMonero Wallet\">MyMonero Wallet<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#monero_gui_wallet\" title=\"Monero GUI Wallet\">Monero GUI Wallet<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/godex.io\/blog\/monero-wallet-which-one-to-choose-in-2020\/#where_can_you_buy_monero\" title=\"Where can you buy Monero?\">Where can you buy Monero?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_monero\"><\/span><span style=\"font-weight: 400;\">What is Monero?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Monero (XMR) is an open source cryptocurrency with a Protocol that implements several methods of anonymizing transactions at once: stealth addresses, ring confidential transactions. Everything is arranged so that the amount and addresses of the sender and recipient are known only to the participants of transactions and those who will be given a special access key.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The name of the monero cryptocurrency is taken from the Esperanto language, in which \u201cMonero\u201d means a coin or currency. Its first release occurred on April 18, 2014. Unlike bitcoin, the total issue of Monero is not limited: after the initial release of 18.4 million Monero, subsequent mining will bring 0.6 new Monero for each two-minute block.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, Monero is ranked 13th by market capitalization worldwide. The starting price of the XMR coin was about $2. It soared to several hundred dollars. To date, the value of the monero coin is about $90. If you track the chart of currency price changes, the indicator is now slightly above average.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Monero team introduced a new algorithmic innovation called Triptych in early September. The development promises even greater data protection by obfuscating information.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is one of the most promising cryptocurrencies. And if you want to work in the XMR blockchain ecosystem, you need to create a Monero wallet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more: <\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/blog\/crypto-currencies\/how-to-earn-monero-xmr-in-2020\"><span style=\"font-weight: 400;\">How to earn Monero (XMR) in 2020<\/span><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_to_store_monero_coins\"><\/span><span style=\"font-weight: 400;\">How to store Monero coins<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">At the moment, the volume of existing XMR coins has reached 17 million. And, of course, they must be stored in secure crypto-wallets. If you are already the owner of the Monero cryptocurrency or are considering buying some volume, you should first think about storage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are a huge number of wallet options on the market for different devices and operating systems. You can focus on usability. However, first of all, when choosing where to store the Monero currency (XMR), you should consider several very important factors: security, ease of use, developer approval, and affordability. We will try to help you navigate the market and choose the best monero wallet available.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"top_7_monero_wallets_in_2020\"><\/span><span style=\"font-weight: 400;\">Top 7 Monero wallets in 2020<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">We have analyzed and selected the 7 most optimal wallets for storing Monero cryptocurrency.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"ledger_nano_s\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.ledger.com\"><b>Ledger Nano S<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Many users recognize that Ledger Nano S is the leader among all Monero wallets. Cryptocurrency owners note that this is one of the most convenient and secure options. What a wallet looks like: it is a small USB device that you can take with you everywhere and connect to any device. The wallet is similar in shape to a regular flash drive. In addition to ease of use, this wallet is also chosen because of the huge range of supported cryptocurrencies and altcoins.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more: <\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/blog\/crypto-currencies\/promising-cryptocurrencies-to-buy-in-2020-2021\"><b>Promising cryptocurrencies to buy in 2020-2021<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Ledger Nano S is an excellent choice for beginners and professionals in all criteria. Therefore, we gave it the first place in the list of The best monero wallets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Device cost: $85<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: 1100 + (the list is constantly growing)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: cold storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: Monero platform fees only<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"exodus_wallet\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.exodus.io\/monero\/\"><b>Exodus Wallet<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The main word here is security. With Exodus, control over your private keys is done through the initial words that It shows you during setup. But the developers went even further. Exodus wallet also supports hardware wallets such as Trezor to make your funds even more secure. Platforms on which this wallet is available: Mac, Linux, and Windows. You can also use mobile apps for iOS and Android.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exodus is really versatile. It is suitable for those who are just starting their way in the world of cryptocurrencies and want to store coins in a safe place. But for experienced investors with large amounts in cryptocurrencies, it will also be an excellent option. This is one of the simplest and most intuitive wallets for users. Exodus has a built-in cryptocurrency exchange.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: 100 + (the list is constantly growing)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: hot storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: 2%-5% in exchange fees<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"guarda_wallet\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/guarda.com\"><span style=\"font-weight: 400;\">Guarda Wallet\u00a0<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Perhaps the most important thing when working with an e-wallet is security. Based on the words of developers and user reviews, we can say with confidence: the Guarda service is trustworthy.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The service contains private keys on the user&#8217;s device on all platforms.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The lock is triggered if the activity is not active for some time. To log in, you just need to enter your password, and then you can continue working.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is not a single bad review regarding the security of the service.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This wallet is implemented not only on different operating systems. You can also find an extension for Chrome that allows you to use it in absolutely any of the possible ways. The wallet was registered in Estonia in 2017. During its existence, the development team has significantly improved technologies, including security.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Guarda has absolutely no access to any user data. That is, even if hackers break into the system, they will not get any access to customers&#8217; personal information. Everything is hosted exclusively on their device.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Registration is instant: it can be handled by any user who has no previous experience in this field. Enter your password, create a backup and then you can enjoy using your new e-wallet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: 42 +\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: 3.5% fee to Simplex (Guarda\u2019s payment processor)<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"cake_wallet\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/cakewallet.com\"><span style=\"font-weight: 400;\">Cake Wallet<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This is a mobile wallet that was originally created for IOS devices, but due to high demand and user requests, it was later adapted for devices with the Android operating system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The wallet was created with closed source code. But after criticism from the community, the developers went ahead and made the code open. The team constantly responds to comments from the community, which has earned the trust of users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the main features is the ability to send coins with instant exchange for other currencies. You just need to select a Deposit coin and scan the QR code of the transaction. The wallet will immediately display the exchange rate and the final exchange amount.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: 14\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: hot storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: depending on the transaction.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"coinomi\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.coinomi.com\/en\/\"><span style=\"font-weight: 400;\">Coinomi<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">George Kimionis created and presented this wallet on the market back in 2014. Initially, the developers of the crypto wallet wanted to create a simple but secure application that would allow storing cryptocurrency. Today, the wallet contains more than 500 digital assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coinomi is famous for the fact that no hacker has yet been able to crack the wallet. Because of this, the storage trust index is extremely high.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: 125 +<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: hot storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: dynamic fees.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"mymonero_wallet\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/mymonero.com\"><span style=\"font-weight: 400;\">MyMonero Wallet<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The main reason why this wallet is always on the list of recommendations is the fact that it was created by a member of the Monero currency development team.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is an online monero wallet. You can only use it in the browser. Simple, fast, and convenient. It is available both as an iOS app and as a desktop app. If your monero transactions are small and you value convenience more than security, MyMonero Wallet is at your service.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the level of information protection in the system is quite high. Even if for some reason you did not log out of your personal account, you should not worry, because after a certain, fairly short time, during which absolutely no actions will be performed on the site, the system will automatically close the session. For a new login, you will need to log in again using your key.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read more: <\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/blog\/crypto-currencies\/how-to-exchange-monero-in-2020-via-godex-io\"><span style=\"font-weight: 400;\">How to exchange Monero in 2020 via Godex.io<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: XMR<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: hot storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: hidden\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"monero_gui_wallet\"><\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.getmonero.org\/downloads\/\"><span style=\"font-weight: 400;\">Monero GUI Wallet<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This is an official wallet. However, we do not recommend installing and using it for novice users. This is a rather difficult option to use.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Downloading and installing this wallet is a very time-consuming process. This can take up to several hours. In addition, it is not easy to understand how it functions and what you need to do to start using it. You can&#8217;t say that it is easy to use or has an intuitive interface. Monero GUI Wallet is more suitable for advanced users than for those who are starting to use wallets for the first time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0421ost: free<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Supported currencies: XMR<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Storage method: hot storage<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fee: <\/span><span style=\"font-weight: 400;\">regular<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"where_can_you_buy_monero\"><\/span><span style=\"font-weight: 400;\">Where can you buy Monero?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can purchase or exchange XMR on the platform <\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\"><span style=\"font-weight: 400;\">Godex.io<\/span><\/a><span style=\"font-weight: 400;\">. We offer you more than 200 cryptocurrencies and one of the highest exchange rates on the market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You don&#8217;t have to worry about the security of your funds. The reliability of the service is provided by the most modern security protocols and physical protection of servers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents What is Monero?How to store Monero coinsTop 7 Monero wallets in 2020Ledger Nano SExodus WalletGuarda Wallet\u00a0Cake WalletCoinomiMyMonero WalletMonero GUI WalletWhere can you buy Monero? What is Monero? Monero (XMR) is an open source cryptocurrency with a Protocol that implements several methods of anonymizing transactions at once: stealth addresses, ring confidential transactions. Everything [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132,133],"tags":[1079,904,505,463],"yst_prominent_words":[],"class_list":["post-5549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-currencies","category-crypto-talks","tag-crypto-talks","tag-crypto-wallets","tag-cryptocurrency","tag-monero"],"lang":"en","translations":{"en":5549},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/comments?post=5549"}],"version-history":[{"count":7,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5549\/revisions"}],"predecessor-version":[{"id":9621,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/5549\/revisions\/9621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media\/5550"}],"wp:attachment":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media?parent=5549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/categories?post=5549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/tags?post=5549"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=5549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}