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Author Topic: which monero wallet do you use?  (Read 13219 times)

Offline ABCbits

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Re: which monero wallet do you use?
« Reply #15 on: February 13, 2024, 11:24:01 AM »
--snip--
ah exodus, I tried it many years ago at the beginning, I liked it because you could swap easily
but if I'm not mistaken it's closed source, can you at least get the private keys today?
In the past this couldn't be done and it bothered me quite a bit

I tried Exodus long time ago where it's possible to get private key. But it was complicated where i had to enable developer mode and Exodus dump all private key to single text file. Although now, you can see private key for single address[1].

[1] https://www.exodus.com/support/en/articles/8598615-how-do-i-view-my-private-keys
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Re: which monero wallet do you use?
« Reply #15 on: February 13, 2024, 11:24:01 AM »

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Re: which monero wallet do you use?
« Reply #16 on: February 13, 2024, 11:42:42 PM »
--snip--
ah exodus, I tried it many years ago at the beginning, I liked it because you could swap easily
but if I'm not mistaken it's closed source, can you at least get the private keys today?
In the past this couldn't be done and it bothered me quite a bit

I tried Exodus long time ago where it's possible to get private key. But it was complicated where i had to enable developer mode and Exodus dump all private key to single text file. Although now, you can see private key for single address[1].

[1] https://www.exodus.com/support/en/articles/8598615-how-do-i-view-my-private-keys

You can just import the seed into iancoleman.io/bip39 tool and get all private keys.

Exodus allows you to save the seed. The seed is all that you need to derivate all private keys of all altcoins.
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Re: which monero wallet do you use?
« Reply #17 on: February 14, 2024, 10:36:21 AM »
I tried Exodus long time ago where it's possible to get private key. But it was complicated where i had to enable developer mode and Exodus dump all private key to single text file. Although now, you can see private key for single address[1].

[1] https://www.exodus.com/support/en/articles/8598615-how-do-i-view-my-private-keys



You can just import the seed into iancoleman.io/bip39 tool and get all private keys.

Exodus allows you to save the seed. The seed is all that you need to derivate all private keys of all altcoins.



ah interesting, when I tried it (to try shapeshift) it didn't allow it
this certainly makes it better than in the past, I'm still not happy that it's closedsource, who knows what it does behind it, it's not easy to trust this way, but that's okay
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Re: which monero wallet do you use?
« Reply #18 on: February 14, 2024, 11:27:11 AM »
--snip--
ah interesting, when I tried it (to try shapeshift) it didn't allow it
this certainly makes it better than in the past, I'm still not happy that it's closedsource, who knows what it does behind it, it's not easy to trust this way, but that's okay

If you use Monero primarily due to privacy reason, you better not trust them. Just few months ago, it uses unusual fee which lead to weaker privacy[1]. And even after reading their documentation, it's not clear whether Exodus connect to random node or node owned by them to perform sync[2].

[1] https://www.reddit.com/r/Monero/comments/176e1zr/privacy_advisory_exodus_desktop_users_update_to/?rdt=50054
[2] https://www.exodus.com/support/en/articles/8598674-monero-faqs-learn-more-about-xmr#auto-sync
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Re: which monero wallet do you use?
« Reply #19 on: February 14, 2024, 02:10:19 PM »
I tried Exodus long time ago where it's possible to get private key. But it was complicated where i had to enable developer mode and Exodus dump all private key to single text file. Although now, you can see private key for single address[1].

[1] https://www.exodus.com/support/en/articles/8598615-how-do-i-view-my-private-keys



You can just import the seed into iancoleman.io/bip39 tool and get all private keys.

Exodus allows you to save the seed. The seed is all that you need to derivate all private keys of all altcoins.



ah interesting, when I tried it (to try shapeshift) it didn't allow it
this certainly makes it better than in the past, I'm still not happy that it's closedsource, who knows what it does behind it, it's not easy to trust this way, but that's okay

You can follow this guide

https://www.exodus.com/support/en/articles/8598620-how-do-i-always-have-access-to-my-wallet-with-my-12-word-secret-recovery-phrase

   
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Re: which monero wallet do you use?
« Reply #20 on: February 14, 2024, 02:48:43 PM »
I use Exodus (multicurrency  closed source).

I used moneruju,  an open source wallet,  but it is monero only. Single currency wallets are not good in my phone, cause I need flexibility in my phone

Do this wallet have criteria for the type of cellphone to use this wallet?
If yes, maybe it will be the same case as you, but I will try downloading it if I have difficulty, can I ask again?

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Re: which monero wallet do you use?
« Reply #21 on: February 15, 2024, 11:00:30 AM »


You can follow this guide

https://www.exodus.com/support/en/articles/8598620-how-do-i-always-have-access-to-my-wallet-with-my-12-word-secret-recovery-phrase

~~~~~

thanks for the guide
I don't know if I'll install it on my phone, I don't really like the fact that it's closed but it's always good to know alternatives, you never know in life
I'm the type of person who prefers to know the alternatives even if I won't use them (like crypto ATMs for example)

+1 karma for u
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Re: which monero wallet do you use?
« Reply #21 on: February 15, 2024, 11:00:30 AM »


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Re: which monero wallet do you use?
« Reply #22 on: February 19, 2024, 07:46:40 AM »
If we're talking about Hodl coins = definitely Exodus! If we are talking about (short-term) storage of the asset - in this regard, you can use Trust and all hot wallets (that support XMR). If you have an extra 100-300$ (and time) - may try to order a cold wallet. How to use it + safety information, you can find it all on the internet. There are more than enough sources.

P.S. Initially, it all depends on your goals and objectives. Thankfully, there are alternatives among the choices. + you can read reviews (of other users). The final choice is up to everyone. From personal experience (still) - Exodus in this regard, the most popular + safe wallet. He's the one I use the most. But, that doesn't mean it has to fit someone else! Analyze + test frequently = happiness.  8)
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Re: which monero wallet do you use?
« Reply #23 on: February 19, 2024, 11:23:42 AM »
If we're talking about Hodl coins = definitely Exodus! If we are talking about (short-term) storage of the asset - in this regard, you can use Trust and all hot wallets (that support XMR). If you have an extra 100-300$ (and time) - may try to order a cold wallet. How to use it + safety information, you can find it all on the internet. There are more than enough sources.

I wonder how many people HODL monero and only see it as investment. After all, it's price remain around $100-$200 in last 2 years which isn't attractive for many people. And i wouldn't say "all hot wallet" if i were you, since there are known scam or fake hot wallet (that support XMR) out there. XMR community on reddit even made a list about it on https://www.reddit.com/r/Monero/wiki/avoid/.
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Re: which monero wallet do you use?
« Reply #24 on: February 21, 2024, 11:10:43 AM »
If we're talking about Hodl coins = definitely Exodus! If we are talking about (short-term) storage of the asset - in this regard, you can use Trust and all hot wallets (that support XMR). If you have an extra 100-300$ (and time) - may try to order a cold wallet. How to use it + safety information, you can find it all on the internet. There are more than enough sources.

I wonder how many people HODL monero and only see it as investment. After all, it's price remain around $100-$200 in last 2 years which isn't attractive for many people. And i wouldn't say "all hot wallet" if i were you, since there are known scam or fake hot wallet (that support XMR) out there. XMR community on reddit even made a list about it on https://www.reddit.com/r/Monero/wiki/avoid/.


I really like Monero as a currency, I'd like to keep it but I don't trust the price since many exchanges want to give it away
for this reason I cannot consider it a valid asset for hodl
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Re: which monero wallet do you use?
« Reply #25 on: February 22, 2024, 12:16:58 AM »
I really like Monero as a currency, I'd like to keep it but I don't trust the price since many exchanges want to give it away
for this reason I cannot consider it a valid asset for hodl

Or you could maybe consider that if it becomes harder to get, in a long-term perspective its price should go up.

Demand for XMR is fairly high, as can be seen from the stocks held by some DEXs. I think that CEXs delisting it is a positive thing from a long-term perspective. They will stop selling their XMR paper and it may eventually fetch its fair price ;)
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Re: which monero wallet do you use?
« Reply #26 on: February 22, 2024, 09:05:00 AM »
I wonder how many people HODL monero and only see it as investment. After all, it's price remain around $100-$200 in last 2 years which isn't attractive for many people. And i wouldn't say "all hot wallet" if i were you, since there are known scam or fake hot wallet (that support XMR) out there. XMR community on reddit even made a list about it on https://www.reddit.com/r/Monero/wiki/avoid/.
How's the investment? I think most people consider XMR as an XMR investment. + this asset is completely anonymous. And this is what contributed to the delisting (of this asset) from Binance. + on the chart clearly shows that the price on a little bit back, there is absolutely no cause for concern. This situation clearly shows that it's regulation time. Such (anonymous) assets will be removed from exchanges more and more often.

P.S. Don't forget that there are other exchanges that support XMR deposit/withdrawal without any problems. There are more than enough alternatives (for now). How it will be further, we will see. Thanks for the link to the article.  8)
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Re: which monero wallet do you use?
« Reply #27 on: February 22, 2024, 11:42:23 AM »
I really like Monero as a currency, I'd like to keep it but I don't trust the price since many exchanges want to give it away
for this reason I cannot consider it a valid asset for hodl

Or you could maybe consider that if it becomes harder to get, in a long-term perspective its price should go up.

Demand for XMR is fairly high, as can be seen from the stocks held by some DEXs. I think that CEXs delisting it is a positive thing from a long-term perspective. They will stop selling their XMR paper and it may eventually fetch its fair price ;)

well it could be a good way to make some money
but then I would also like to spend this money on buying things
if it is difficult for me to spend it the price goes down
I think it works that way
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Offline FOKA33

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Re: which monero wallet do you use?
« Reply #28 on: March 22, 2024, 07:42:15 AM »
Though there are different wallet that are used for storing cryptocurrencies. I normally use ledger Nano S  because it is a hardware wallet that offers a high level of security for storing cryptocurrencies as well as that of monero(XMR)

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Re: which monero wallet do you use?
« Reply #29 on: March 22, 2024, 07:44:35 AM »
Though there are different wallet that are used for storing cryptocurrencies. I normally use ledger Nano S  because it is a hardware wallet that offers a high level of security for storing cryptocurrencies as well as that of monero(XMR)

If I am not wrong, you need to use Ledger Live with Feather or Monero GUI no?
IIRC you can't store XMR directly with Ledger Live, but I could be wrong about that.
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