this post was submitted on 16 Mar 2026
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Monero

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This is the Lemmy community of Monero (XMR): a secure, private, untraceable cryptocurrency that is open-source and freely available to all.

Quick Links

Resources

Desktop Wallets (Official)

Windows; Mac; Linux

Desktop Wallets (Third Party)

Web Wallets

Mobile Wallets

Warning: Freewallet is a Scam!

-----Android-----

-----iOS-----

Hardware Wallets

Why Monero?

Monero is secure.

Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you.

Monero is private.

The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable.

By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.

Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

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Should I have a cold wallet AND a hot wallet at all? Like, should I for example use a hardware wallet to receive, mine, and send Monero, instead of having more wallets?
Should I make a paper wallet with the app that can be downloaded to make offline wallet keys? Then how would I see balance, sign keys, etc.?

For BTC, even though I never actually used it (never got BTC), I saw Electrum like this:

Create wallet in offline device
Export view key to online device
Create TX in online device
Sign TX in offline device
Broadcast TX in online device

But for Monero I’m clueless, because I haven’t found any guide properly explaining it.

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[–] wereg@lemmy.world 1 points 23 hours ago

I will set it up like that, try out the apps, and learn more about Monero to know what "FCMP" and "Carrot" mean. Thank you so much!