Best Monero Wallets 2024

Comprehensive comparison of the best Monero wallets. Find the perfect wallet for your needs based on security, ease of use, features, and privacy.

🕐 12 min read Updated: October 2024

Desktop Wallets

The most secure option for storing larger amounts of XMR with full control over your private keys.

💻 Monero CLI Wallet

Advanced

✓ Pros

  • Maximum security and control
  • Lightweight and fast
  • Scriptable and automatable
  • Lower resource usage

✗ Cons

  • Command-line interface only
  • Steeper learning curve
  • No graphical interface
Security: Excellent
Ease of Use: Fair
Privacy: Excellent
Platforms: All OS (Terminal)

🖥️ Monero Wallet GUI (Alternative)

Community

✓ Pros

  • Similar to official GUI
  • Community maintained
  • Additional features

✗ Cons

  • Not official software
  • Potential trust concerns
Security: Good
Ease of Use: Excellent
Privacy: Excellent

Mobile Wallets

Convenient wallets for spending Monero on the go and for smaller amounts.

📱 Monerujo (Android)

Best Android

✓ Pros

  • Open source and audited
  • Advanced privacy features
  • Own node support
  • Active development

✗ Cons

  • Android only
  • Requires technical knowledge for advanced features
Security: Excellent
Ease of Use: Good
Privacy: Excellent

🍎 MyMonero (iOS/Android)

Cross-platform

✓ Pros

  • Works on iOS and Android
  • Simple and easy to use
  • Web version available
  • Quick setup process

✗ Cons

  • Requires trust in remote nodes
  • Limited advanced features
Security: Good
Ease of Use: Excellent
Privacy: Good

📲 Cake Wallet (iOS)

iOS Focused

✓ Pros

  • Excellent iOS integration
  • Built-in exchange features
  • Good privacy features

✗ Cons

  • iOS only
  • Exchange integration adds some trust requirements
Security: Good
Ease of Use: Excellent

Hardware Wallets

For maximum security when storing large amounts of XMR.

🛡️ Ledger Nano S/X

Popular Choice

Leading hardware wallet with Monero support through third-party applications.

  • Secure chip technology
  • Large community support
  • Monero integration available
  • Backup and recovery features

💳 Trezor

Open Source

Open-source hardware wallet with growing Monero ecosystem support.

  • Completely open source
  • Strong security model
  • Monero support via third-party tools
  • Excellent build quality

Wallet Security Comparison

Wallet Type Private Key Storage Node Control Network Privacy Ease of Use
Official GUI Local only Full control Excellent High
CLI Wallet Local only Full control Excellent Low
Monerujo Local only Configurable Very Good Medium
MyMonero Local only Remote nodes Good Very High
Hardware Hardware device Via software Excellent Medium

Choosing the Right Wallet

🧑‍💻 For Beginners

Official Monero GUI Wallet

Best starting point with user-friendly interface and all essential features.

Get Started

📱 For Mobile Users

Monerujo (Android) or MyMonero (iOS)

Convenient wallets for everyday transactions and mobile spending.

Learn More

🛡️ For Large Holdings

Hardware Wallet + Official GUI

Maximum security for significant amounts using cold storage.

Buy Hardware Wallet

⚡ For Developers/Traders

CLI Wallet or Monerujo

Advanced features and automation capabilities for power users.

Download CLI

Wallet Setup Checklist

Frequently Asked Questions

Which wallet is the most secure?

The Official Monero GUI Wallet with your own node provides the highest security for most users. For maximum security with large amounts, consider hardware wallets.

Can I use the same wallet on multiple devices?

Yes, but never share your seed phrase. Use wallet files carefully and ensure they're backed up securely on each device.

Do I need to download the entire blockchain?

For maximum privacy and security, yes. However, some wallets allow you to use remote nodes, though this reduces privacy.

Are mobile wallets safe?

Mobile wallets like Monerujo are secure for everyday use, but for large amounts, consider using a hardware wallet or desktop wallet.