XMR is a cryptocurrency also called Monero. Cryptocurrency Monero appeared in 2014. Today, the capitalization of the network exceeds $2 billion, while Bitcoin is more than $115 billion. An altcoin is based on a blockchain protocol. Its main advantage is setting and conducting transactions with a high degree of confidentiality.
The main distinguishing feature of the Monero cryptocurrency is its privacy. Moreover, using the top Trustee Wallet MONERO wallet, third-party users will not track the transfer on the network.
There are several good things that the payment system is endowed with:
- Lack of centralized control;
- Limited release of tokens;
- Stable development of the project;
- Confidentiality of transactions;
- Community trust.
Due to the high level of anonymity, the number of Monero supporters is regularly increasing. Therefore, now is the time for investors and traders to create a multi-currency crypto wallet and buy an excellent asset to receive dividends in the future.
How to buy Monero? You need to create a cryptocurrency MONERO wallet online from a Trustee. It works on mobile devices. There is no desktop or online version yet. You can download the application from the links below. The mobile application also has a crypto exchange that allows you to buy and sell cryptocurrency for fiat money.
Guide on How to Create MONERO Wallet
As an official review states, the MONERO wallet app is the best and most convenient option for buying/selling, storing, and exchanging cryptocurrencies. Anonymous purchases of cryptocurrency are made from a bank card without verification. The withdrawals of the cryptocurrency to plastic cards work the same way.
The following assets can be stored in the XMR wallet online:
- Coin: ETH, XRP, TRX, BCH, BTG, BTC, LTC, etc.
- Default tokens: USDT, TUSD, DAI, BNB, and others.
How to use it?
- First of all, the XMR wallet app needs to be downloaded. The easiest and fastest way to do this is to visit the company’s official website and click on the link leading to the AppStore for iOS or Google Play for Android on the main page.
- Once the app is installed on your iPhone or tablet, launch it.
- Agree to the cryptocurrency wallet terms of use and privacy policy.
- Then click “create XMR wallet.”
- Next, enter the recorded seed phrase and click “OK.” After that, the personal account of the wallet will open.
To understand the functionality of a cryptocurrency wallet, you will need only 1-2 hours since the application is intuitive and most features are free. In addition, it is filled with cool tips on working with an account.
The system commission for converting fiat money into cryptocurrency and vice versa is always unchanged and amounts to 0.2% of the financial transaction amount. Also, users can link an unlimited number of plastic cards to the wallet.