Monero is the leading cryptocurrency for private and untraceable transactions. Built with a focus on privacy, security, and decentralization, Monero (XMR) ensures confidential transactions using advanced cryptographic techniques like ring signatures, stealth addresses, and confidential transactions (RingCT). As privacy concerns grow in the crypto space, securing your Monero holdings with a reliable wallet is essential.
This guide explores the best Monero wallets for 2025, covering hardware, mobile, and desktop options to help you choose the most secure and user-friendly solution for storing and managing your XMR.
Our top recommendation for a Monero wallet is Coinbase, known for its strong security features, easy-to-use interface, and seamless Monero transactions. Whether you’re new to crypto or a seasoned investor, Coinbase offers a trusted platform for buying, storing, and trading XMR with confidence.
Coinbase plays a key role in the cryptocurrency industry, acting as the custodian for BlackRock’s digital asset holdings and facilitating transactions for 90% of Bitcoin ETFs.
The video below walks you through the process of setting up a Monero wallet on Coinbase and managing your XMR securely.
The table below outlines the advantages and disadvantages:
✅ Decentralized Control: Users maintain full ownership of their Monero without relying on centralized exchanges.
✅ Multi-Asset Support: Store Monero alongside Bitcoin, Ethereum, and other cryptocurrencies in one wallet.
✅ Seamless Integration: Easily connect to DeFi platforms and dApps while managing your XMR efficiently.
✅ User-Friendly Interface: Intuitive design makes sending, receiving, and storing Monero simple for all users.
✅ Backup & Recovery: Secure recovery phrase ensures you can restore your XMR holdings if needed.
❌ No Built-In Privacy Features: Unlike Monero-native wallets, Coinbase Wallet does not include advanced privacy settings like ring signatures or stealth addresses.
❌ Potential Transaction Delays: XMR transactions may take longer to confirm compared to other cryptocurrencies due to Monero’s privacy features.
2. BitBox Hardware Monero Wallet
BitBox is a highly secure hardware wallet designed for safely storing Monero (XMR). It keeps private keys completely offline, preventing exposure to hacks while ensuring seamless XMR transactions.
✅ Enhanced Privacy: Supports Monero’s advanced privacy features, including stealth addresses and RingCT.
✅ Complete Offline Security: Keeps private keys entirely offline, reducing hacking risks.
✅ Compact & Travel-Friendly: Lightweight and durable, making it easy to carry securely.
✅ Multi-Currency Support: Store Monero alongside Bitcoin and other cryptocurrencies.
✅ Open-Source Software: Fully transparent and regularly audited by security experts.
❌ Limited Mobile Compatibility: Primarily designed for desktop users, with fewer mobile features.
This video walks you through setting up the BitBox Monero wallet:
3. Ledger Hardware Monero Wallet
Ledger is one of the most trusted hardware wallets for Monero, offering advanced security, multi-currency support, and seamless integration with Monero GUI and CLI wallets.
Ledger offers multiple models to store Monero securely:
- Ledger Nano S Plus: Affordable, supports Monero and over 1,800 cryptocurrencies (€79.00).
- Ledger Nano X: Bluetooth-enabled for easy mobile Monero management (€149.00).
- Ledger Stax: Premium model with an E Ink® screen and wireless charging (€399.00).
✅ Multi-Crypto Compatibility: Store Monero alongside Bitcoin, Ethereum, and more.
✅ Ledger Live Support: Enables Monero transactions directly via Monero GUI.
✅ 24-Word Recovery System: Easily recover your wallet in case of loss or theft.
✅ Durable & Long-Lasting: Designed for long-term storage and security.
❌ Limited Mobile Features: Some functionalities may be restricted on mobile devices.
This video demonstrates how to set up the Ledger Monero wallet:
4. Trezor Hardware Monero Wallet
Trezor is a well-established hardware wallet offering secure offline storage for Monero (XMR). It features a user-friendly interface and strong encryption to protect XMR holdings.
- Trezor Model One: Budget-friendly, supports Monero and 1,000+ assets ($69).
- Trezor Model T: Premium touchscreen model with additional security features ($129).
✅ Beginner-Friendly Interface: Trezor Suite makes managing XMR simple.
✅ Multi-Currency Support: Store Monero along with Bitcoin, Ethereum, and more.
✅ Open-Source Code: Fully transparent and reviewed by the crypto community.
✅ Backup & Recovery: Offers a 12 to 24-word seed phrase for restoring wallet access.
❌ Limited Privacy Features: Lacks native support for Monero’s privacy tools.
For a step-by-step guide on setting up the Trezor Monero wallet, watch the video below:
5. Binance Monero Wallet
Binance Wallet is the official wallet of Binance, offering direct integration with the Binance exchange for secure Monero storage, trading, and transactions.
✅ Quick XMR Transactions: Easily deposit, withdraw, and trade Monero.
✅ Strong Security Measures: Multi-layer protection with 2FA and withdrawal whitelisting.
✅ Multi-Crypto Support: Store Monero alongside other cryptocurrencies.
✅ Beginner-Friendly Interface: Smooth experience for new and experienced users.
✅ Liquidity & Trading: Trade XMR seamlessly with high liquidity.
❌ Custodial Control: Binance holds your Monero private keys.
❌ KYC Requirements: Requires identity verification, reducing privacy.
❌ Potential Regulatory Risks: Subject to regional restrictions on XMR.
For further details, watch the video below:
6. Monero GUI Wallet
Monero GUI Wallet is the official desktop wallet developed by the Monero community. It provides full-node capabilities, allowing users to manage XMR while ensuring complete privacy and control.
✅ Official Monero Wallet: Developed and maintained by the Monero community.
✅ Complete Privacy: Supports stealth addresses, RingCT, and Bulletproofs.
✅ Full-Node Security: Syncs directly with the Monero blockchain for enhanced security.
✅ Open-Source & Transparent: Fully auditable and community-driven.
✅ No Third-Party Risks: Users retain full control over their XMR holdings.
❌ Resource-Intensive: Requires significant storage and processing power.
❌ Not Beginner-Friendly: The interface and setup process may be complex for new users.
For a setup guide, watch the video below:
7. Monero CLI Wallet
Monero CLI Wallet is a command-line interface wallet designed for advanced users who prefer direct control over their Monero transactions with full-node functionality.
✅ Ultimate Privacy & Security: Ensures complete transaction anonymity.
✅ Full-Node Operation: Users interact directly with the Monero blockchain.
✅ Lightweight & Efficient: Runs without excessive resource consumption.
✅ Custom Scripting: Advanced users can automate transactions and settings.
✅ No Third-Party Reliance: Full control over keys and funds.
❌ Technical Knowledge Required: Designed for experienced users, not beginners.
❌ No GUI Interface: Operated via command line, making it less user-friendly.
For a setup tutorial, watch the video below:
8. Cake Wallet for Monero
Cake Wallet is one of the most popular Monero mobile wallets, offering non-custodial storage, built-in exchange features, and an easy-to-use interface.
✅ User-Friendly Interface: Simplifies Monero transactions for beginners.
✅ Non-Custodial: Users retain full control of private keys.
✅ Built-In Exchange: Easily swap XMR for other cryptocurrencies.
✅ Multi-Asset Support: Manages Monero, Bitcoin, Litecoin, and more.
✅ Enhanced Privacy: No KYC requirements for Monero transactions.
❌ Mobile-Only: No dedicated desktop version available.
❌ Hot Wallet Risks: Private keys are stored on the mobile device, which may be vulnerable to hacking.
For more details, check the video below:
9. Edge Wallet for Monero
Edge Wallet is a secure mobile wallet with built-in Monero support, offering non-custodial storage, biometric authentication, and an intuitive design.
✅ Strong Security Features: Encrypted private keys and biometric login.
✅ Cross-Platform Support: Available on both iOS and Android.
✅ Non-Custodial Control: Users have full access to their Monero holdings.
✅ Multi-Asset Compatibility: Supports Bitcoin, Ethereum, and multiple altcoins.
✅ Easy Backup & Recovery: Secure wallet restoration with a simple username/password system.
❌ Mobile-Only: No desktop version available.
❌ Hot Wallet Risks: Requires extra caution to prevent security breaches.
For more details, check the video below:
10. MyMonero Wallet
MyMonero Wallet is a lightweight, user-friendly Monero wallet that offers instant access to XMR without requiring a full-node download.
✅ Fast & Lightweight: No need to download the entire Monero blockchain.
✅ Cross-Platform Compatibility: Available on desktop, iOS, and Android.
✅ Non-Custodial Security: Users retain complete control over their Monero funds.
✅ Simple & Intuitive UI: Designed for both beginners and experienced users.
✅ Encrypted Key Storage: Keeps private keys secure on the user’s device.
❌ Relies on Remote Nodes: Transactions may take longer to process.
❌ Less Private Than Full-Node Wallets: Using remote nodes exposes some metadata.
For more details, check the video below:
11. Guarda Wallet for Monero
Guarda is a non-custodial, multi-platform wallet supporting Monero (XMR), enabling secure storage, sending, and management across web, desktop, and mobile devices.
Pros:
- Privacy-Focused: Enhances security by ensuring full user anonymity.
- Cross-Platform Support: Available on desktop, web, and mobile.
- Built-In Exchange: Allows direct XMR swaps within the wallet.
- Non-Custodial: Users have complete control over their keys.
- Backup & Recovery: Secure recovery options for added protection.
Cons:
- Transaction Fees: Monero transactions require small fees for network security.
- Not Fully Open-Source: Some aspects of the code remain private.
For more information, watch the video below:
12. Crypto.com DeFi Wallet for Monero
The Crypto.com DeFi Wallet offers a non-custodial way to store Monero, providing DeFi features and seamless token swaps.
Pros:
- Private Key Control: Users have full access to their Monero funds.
- Privacy-Centric: Supports Monero’s anonymity features.
- Multi-Asset Support: Store Monero alongside other cryptos.
- User-Friendly Interface: Suitable for both beginners and experienced users.
- Backup & Security: Offers encrypted key recovery.
Cons:
- Mobile-Focused: No dedicated desktop application.
- Complexity for New Users: Some DeFi features may require additional knowledge.
For more information, watch the video below:
13. Rainbow Wallet for Monero
Rainbow Wallet is a stylish, easy-to-use wallet now supporting Monero, optimized for privacy-focused transactions and DeFi interactions.
Pros:
- Intuitive Interface: Designed for ease of use.
- Privacy-Oriented: Supports Monero’s anonymity features.
- Multi-Network Compatibility: Stores other assets alongside XMR.
- WalletConnect Integration: Easily links to DeFi platforms.
- Full Control Over Private Keys: Users own their funds.
Cons:
- Mobile-Only: No desktop version.
- Limited Advanced Features: Lacks some trading tools.
For more information, watch the video below:
14. Pillar Wallet for Monero
Pillar Wallet is a multi-chain smart wallet optimized for Monero and privacy-centric decentralized applications.
Pros:
- Privacy Enhancement: Supports Monero’s strong security protocols.
- DeFi & dApp Support: Enables interaction with privacy-based dApps.
- Multi-Currency Storage: Holds Monero alongside other assets.
- Fee Optimization: Helps minimize transaction costs.
- Transparent Open-Source Code: Ensures security and trust.
Cons:
- Mobile-Only: No desktop support.
- Advanced Features: May be complex for new users.
For more information, watch the video below:
15. AlphaWallet for Monero
AlphaWallet is a privacy-enhanced wallet designed for Monero, focusing on security and seamless transactions within the Web3 ecosystem.
Pros:
- Fully Open-Source: Transparency in code enhances security.
- Enhanced Privacy Features: Supports stealth addresses and ring signatures.
- Non-Custodial Control: Users retain complete access to their Monero holdings.
- Integration with dApps: Allows secure interactions with Web3 applications.
- Adjustable Transaction Fees: Provides options for optimizing Monero fees.
Cons:
- Mobile-Only: No desktop version available.
- Limited Multi-Asset Support: Primarily designed for Monero and select assets.
For more information, watch the video below:
16. imToken Wallet for Monero
imToken is a mobile-focused Monero wallet designed for private and secure cryptocurrency transactions.
Pros:
- Multi-Chain Support: Stores Monero along with other major assets.
- Built-In Exchange: Swap XMR for other cryptocurrencies.
- Privacy-Centric: Implements Monero’s stealth and ring signature technologies.
- DeFi & Staking Integration: Allows staking and lending of other assets.
- Secure & Non-Custodial: Users control their private keys.
Cons:
- Mobile-Only: No desktop support.
- Occasional Syncing Issues: Some users report delays in blockchain updates.
For more information, watch the video below:
17. TrustVault for Monero
TrustVault is a high-security institutional-grade wallet supporting Monero, featuring multi-signature authentication and enterprise security measures.
Pros:
- Institutional-Level Security: Uses bank-grade encryption.
- Multi-Signature Authentication: Requires additional verification for transactions.
- Seamless DeFi Access: Supports decentralized applications.
- Hardware Security Modules: Offers enhanced encryption protection.
- Enterprise-Focused: Designed for businesses and high-net-worth investors.
Cons:
- Not Ideal for Everyday Users: More suited for institutional clients.
- Premium Pricing: Higher fees compared to standard non-custodial wallets.
For more information, watch the video below:
18. Rabby Wallet for Monero
Rabby Wallet is a browser extension wallet designed for Monero, offering seamless privacy transactions and Web3 connectivity.
Pros:
- Seamless dApp Integration: Easily interacts with Web3 applications.
- Multi-Network Support: Works with Monero and other blockchain ecosystems.
- Transaction Preview Feature: Simulate transactions before execution.
- Enhanced Security: Protects against phishing and wallet exploits.
- Non-Custodial Storage: Users have complete control over their Monero holdings.
Cons:
- Browser-Exclusive: No dedicated mobile or desktop version.
- Advanced Features: Some privacy tools may require technical knowledge.
For more information, watch the video below:
19. Frontier Wallet for Monero
Frontier Wallet is a multi-chain DeFi wallet that supports Monero, offering staking, trading, and private transactions.
Pros:
- Multi-Chain Compatibility: Works with Monero and other major blockchain networks.
- DeFi & Staking Features: Supports lending, borrowing, and rewards.
- Private Transactions: Monero anonymity features fully integrated.
- Secure & User-Friendly: Designed for both new and experienced users.
- Cross-Platform: Available on mobile and desktop.
Cons:
- Some Features Depend on Third-Party Services: Advanced DeFi tools may require external platforms.
- Occasional Performance Delays: Some users report slow response times.
For more information, watch the video below:
20. Loopring Wallet for Monero
Loopring Wallet is a privacy-focused layer-2 scaling wallet supporting Monero transactions with enhanced speed and efficiency.
Pros:
- Layer-2 Efficiency: Enables fast, low-cost Monero transactions.
- Non-Custodial Control: Users retain full access to their Monero funds.
- Integrated DeFi & Private Trading: Supports private transactions within decentralized platforms.
- Optimized Transaction Fees: Reduces costs for Monero transactions.
- Multi-Platform Support: Works on both mobile and web.
Cons:
- Limited Asset Range: Primarily focused on Monero and select assets.
- Layer-2 Complexity: Requires technical knowledge to set up.
For more information, watch the video below:
21. BitKeep Wallet for Monero
BitKeep Wallet is a multi-chain wallet that fully supports Monero, offering secure storage and trading solutions.
Pros:
- Multi-Chain Compatibility: Supports Monero alongside multiple blockchains.
- Fast & Secure Transactions: Optimized for private XMR transfers.
- Built-In Swap Feature: Allows seamless Monero exchanges.
- Decentralized Security: Ensures users maintain control over private keys.
- Mobile-Friendly: Designed for smooth smartphone operation.
Cons:
- Limited Desktop Version: Primarily optimized for mobile.
- Exchange Fees: Internal swap fees may apply.
For more information, watch the video below:
22. Coin98 Wallet for Monero
Coin98 Wallet is a cross-chain, DeFi-compatible wallet supporting Monero transactions and decentralized finance tools.
Pros:
- Cross-Chain Trading: Enables seamless swaps between Monero and other assets.
- DeFi-Ready: Provides staking, lending, and liquidity options.
- Enhanced Security: Monero private keys remain encrypted.
- Multi-Platform Support: Works on mobile and desktop.
- Full User Control: Users have complete access to their Monero funds.
Cons:
- Advanced Features Can Be Complex: DeFi tools require blockchain knowledge.
- Network Congestion Can Affect Performance: Some users report occasional slow sync times.
For more information, watch the video below:
23. Frame Wallet for Monero
Frame Wallet is a privacy-focused desktop wallet designed for secure Monero storage and offline key management.
Pros:
- Privacy-Focused: Ensures non-custodial and secure Monero storage.
- Cross-Platform Support: Available on Windows, macOS, and Linux.
- Hardware Wallet Integration: Compatible with external security devices.
- Fully Open-Source: Allows full community security reviews.
- Multi-Wallet Management: Manage multiple Monero accounts easily.
Cons:
- No Mobile Support: Strictly for desktop users.
- Designed for Advanced Users: May require technical knowledge.
For more information, watch the video below:
24. XDEFI Wallet for Monero
XDEFI Wallet is a Web3 browser-based wallet optimized for Monero transactions and decentralized finance applications.
Pros:
- Supports Multiple Cryptos: Works seamlessly with Monero and other assets.
- Fast In-App Swaps: Quick Monero transactions without third-party exchanges.
- NFT & DeFi Integration: Full support for Monero-based DeFi and NFT ecosystems.
- Web3-Enabled: Connects directly to dApps.
- Strong Security Features: Advanced encryption for enhanced safety.
Cons:
- Browser-Based Only: No mobile app yet.
- Not Beginner-Friendly: DeFi tools require knowledge of blockchain technology.
For more information, watch the video below:
25. Phantom Wallet for Monero
Phantom Wallet is a secure, multi-chain wallet supporting Monero, allowing for private transactions, DeFi interactions, and staking features.
Pros:
- User-Friendly Interface: Simple design, ideal for Monero beginners.
- DeFi & NFT Integration: Fully supports Monero-based smart contracts and NFTs.
- Multi-Network Capability: Compatible with Monero, Ethereum, and Solana.
- One-Click Swaps: Instant XMR transactions between assets.
- Cross-Platform Availability: Works on both mobile and web browsers.
Cons:
- Limited Monero Features: Primarily focused on Solana and Ethereum, with Monero support still expanding.
- Occasional Network Congestion: During peak times, performance may slow.
For more information, watch the video below:
26. Exodus Wallet for Monero
Exodus Wallet is a versatile, multi-platform wallet that allows users to store, manage, and trade Monero with an intuitive interface.
Pros:
- Multi-Platform Support: Available for desktop, mobile, and browser.
- Built-In Exchange: Enables direct swapping of XMR with other cryptos.
- Non-Custodial Security: Users have full control of their private keys.
- Real-Time Portfolio Tracker: Monitor XMR price movements and holdings.
- Clean UI: Well-designed and easy to navigate.
Cons:
- Not Fully Open-Source: Some security elements remain proprietary.
- Higher Swap Fees: Using the built-in exchange may include extra fees.
For more information, watch the video below:
27. Zelcore Wallet for Monero
Zelcore Wallet is a multi-functional Monero wallet designed for advanced users who need trading, staking, and secure asset management in one app.
Pros:
- Multi-Asset Support: Stores Monero alongside 200+ cryptocurrencies.
- Integrated Exchange Access: Allows seamless trading from the wallet.
- Instant XMR Transactions: Optimized for fast transfers.
- Advanced Security: Features encrypted storage and strong authentication methods.
- Cross-Platform Support: Available on desktop and mobile.
Cons:
- Steep Learning Curve: Advanced features may take time to master.
- Resource-Intensive: Requires more storage and processing power.
For more information, watch the video below:
28. Infinity Wallet for Monero
Infinity Wallet is a multi-chain, feature-rich wallet that allows for secure Monero storage, trading, and staking opportunities.
Pros:
- Multi-Asset Support: Manages XMR alongside various cryptocurrencies.
- Cross-Device Compatibility: Works on desktop and mobile.
- Staking & DeFi Integration: Supports staking with select assets.
- Live Price Tracking: Provides real-time Monero price updates.
- Enhanced Security: Non-custodial, ensuring full control over funds.
Cons:
- Limited Exchange Features: Advanced trading tools may be missing.
- Developing Mobile App: Some mobile features are still under development.
For more information, watch the video below:
29. ONTO Wallet for Monero
ONTO Wallet is a privacy-focused decentralized identity wallet that supports Monero, providing secure and private asset management.
Pros:
- Privacy-Enhanced Transactions: Adds an extra security layer to Monero transactions.
- Multi-Blockchain Support: Works with Monero, Ethereum, and other networks.
- Built-In dApp Browser: Easily connects with Web3 apps.
- Staking & Rewards: Allows staking with selected cryptos.
- Non-Custodial & Secure: Users maintain full control over XMR.
Cons:
- More Complex Setup: Requires knowledge of decentralized identity tools.
- Minor UI Bugs: Some users report occasional performance issues.
For more information, watch the video below:
30. Argent Wallet for Monero
Argent Wallet is a user-friendly, non-custodial wallet that enables secure Monero storage and integration with DeFi applications.
Pros:
- Easy-to-Use Interface: Designed for both beginners and advanced users.
- DeFi & Staking Support: Enables staking rewards and lending options.
- Non-Custodial Security: Full user control over Monero private keys.
- Fee Optimization: Helps reduce transaction fees for Ethereum-based assets (relevant for cross-chain Monero usage).
- Social Recovery Feature: Allows users to recover lost wallets with trusted contacts.
Cons:
- Mobile-Only: No desktop version is available.
- Limited Direct Monero Functionality: While compatible, Monero smart contract features are still being developed.
For more details, watch the video below: