Monero wallets

[tornikejr]

I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?

[anthi]

put it on a paper wallet if u want to hold longterm
safest option imo

[Pilchard]

Simplewallet is a good simple wallet.    It's pretty self explaining and it walks you through the process of making a wallet.

It's pretty much the official monero wallet,  you can download it at the official website.

https://getmonero.org/downloads/

You want the Current Version: 0.11.1.0 Helium Hydra
pick the one for your operating system

Once it's downloaded run the monerod.exe    and let it synchronise itself to the blockchain.  this might take a long time,  best part of a day or more.


Once that's done,  it will tell you that it is synched and will let you know that you can start the monero-wallet-cli.exe   which is where you make your wallet (it walks you through when you start the exe,  good if you're new)

Once you make your wallet,  it will refresh the blockchain which shouldn't take all that long,  no where as long as synching the Daemon did.

Once it's finished you can then use your wallet.   type     help     into the wallet and hit enter.   It will display all the commands and how they are used.  basically a manual inside the wallet.  Easy enough to use even without prior experience.



If you run into trouble just pop back here and explain your problem and someone will do their best to help ya out :-)

[tornikejr]

How can i make paper wallet for monero? (e.g I made paper wallet for ethereum on myetherwallet.com )

[Pilchard]

Gimme a sec,  All I've typed above is for the Command line interface wallet.  Looks like there is a Gui wallet available.  I'm taking a look at it now.

Course if you want to use the "Command line tools only" version....  All what I've said will line up and work fine.

[tornikejr]

Simplewallet is a good simple wallet.    It's pretty self explaining and it walks you through the process of making a wallet.

It's pretty much the official monero wallet,  you can download it at the official website.

https://getmonero.org/downloads/

You want the Current Version: 0.11.1.0 Helium Hydra
pick the one for your operating system

Once it's downloaded run the monerod.exe    and let it synchronise itself to the blockchain.  this might take a long time,  best part of a day or more.


Once that's done,  it will tell you that it is synched and will let you know that you can start the monero-wallet-cli.exe   which is where you make your wallet (it walks you through when you start the exe,  good if you're new)

Once you make your wallet,  it will refresh the blockchain which shouldn't take all that long,  no where as long as synching the Daemon did.

Once it's finished you can then use your wallet.   type     help     into the wallet and hit enter.   It will display all the commands and how they are used.  basically a manual inside the wallet.  Easy enough to use even without prior experience.



If you run into trouble just pop back here and explain your problem and someone will do their best to help ya out :-)

Thank for details.I have already downloaded today and from getmonero.org, but couldn't understand how to use now will try

[Pilchard]

Oh here's a good link on how to make the safest cold wallet for long term storage of funds.  It's linked to from the official sites downloads page (you can confirm that yourself,  you should go there and use that link as you should never trust a forum link completely).  So should be safe.

https://monero.stackexchange.com/questions/3239/is-there-a-tool-for-making-secure-cold-wallets/3240#3240

[Keihatsu]

if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

[hieu81]

I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?

You can used online wallet from offical web site! You seed from this wallet can import to PC wallet.
You need used protect virut software for your PC to check key log and other way to hack your key!

[Pilchard]

Checking out the Graphical user interface wallet (gui) now,  Not entirely sure whether you need to run the daemon (monerod.exe) and sync it to the blockchain before you run the wallet exe itself before it can be used to receive and send transactions....

I know this is the case with the command line interface (cli) version of the same wallet available from the same downloads page.


The Gui wallet might start the Daemon automatically in the background and sort itself out though.   Can anyone confirm this?  

I'm more familiar with the Cli version of simplewallet.  I've not really used the GUI version as I've not had the need to...

[Red_Sanford]

if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself

[Pilchard]

Really there needs to be a basic step by step guide for getting started with each different type of wallet on the download page itself :-p

[beachbummer]

Checking out the Graphical user interface wallet (gui) now,  Not entirely sure whether you need to run the daemon (monerod.exe) and sync it to the blockchain before you run the wallet exe itself before it can be used to receive and send transactions....

I know this is the case with the command line interface (cli) version of the same wallet available from the same downloads page.


The Gui wallet might start the Daemon automatically in the background and sort itself out though.   Can anyone confirm this?  

I'm more familiar with the Cli version of simplewallet.  I've not really used the GUI version as I've not had the need to...

Yes, the GUI wallet will start the monerod daemon in the background, but I prefer to run monerod first before running the GUI wallet so I can easily see the running log messages in the command prompt.

[beachbummer]

if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself

IIRC, it took me about 3 to 4 days to sync the whole blockchain. Although you have the option of downloading the blockchain as a file to do your initial sync, this is not recommended because it really consumes a lot of resources and still takes up time. And I think when I terminated the sync halfway, I had to resync the file again from scratch!

I might have done something wrong so any other experts out there please feel free to correct me.

[Pilchard]

Mentioning syncing,   I'm having a problem with the Refresh sync in simplewallet (on the electroneum blockchain rather than monero) taking an age to complete, over 52 minutes.    Since I like to make new wallets for each significant transaction this is taking up a lot of my time...

Here's an example, check the time in windows...

https://imgur.com/R2Oft0U

to
https://imgur.com/t24WDAG


I'm wondering what the bottle neck is here that's causing it to take so long,  My Ryzen 1600 cpu is only at around 14%,    and it's not even pegging one core at 100% so it's not a CPU or singlethread bottleneck..

I have a Samsung 850 pro 256gb SSD,  and it's using hardly any disk speed so it's not a disk access bottleneck..

It's only using about 170ish MB of ram....

So all I can think of is it's a network/internet bottleneck of somekind.....


There should be a way to download the entire Electroneum blockchain and have the wallet scan that for transactions,  using the fast SSD rather than slow network....?


Anyone have any ideas?

[DanWalker]

put it on a paper wallet if u want to hold longterm
safest option imo

A paper wallet couldn't be restored in case if it will be destroyed or disappeared. But hardware cold wallet could. It costs pretty much but I sure that it worth all the money you've spent to buy it.

[rayk]

Multi coin wallets don't support monero, I don't know the reason. But the best wallet is already official one of the coin. You can download it from their website: https://getmonero.org/

[Keihatsu]

if you use the Monero desktop wallet, I experienced a few bugs and it takes a good while to sync the entire chain.

How long does this take ? 24hrs ? And how much GB do I need on the ssd to do this ?

I have monero but could never get the wallet to sync and have left them on the exchange.

Looking to buy more but want to store them myself

IIRC, it took me about 3 to 4 days to sync the whole blockchain. Although you have the option of downloading the blockchain as a file to do your initial sync, this is not recommended because it really consumes a lot of resources and still takes up time. And I think when I terminated the sync halfway, I had to resync the file again from scratch!

I might have done something wrong so any other experts out there please feel free to correct me.

It took me the best part of a week and stalled halfway through but I found a fix. Suspect the problem is now resolved.

I got fed up with updating the sync after not logging on for a couple of months - best to regularly sync.

Can't remember how much memory - it was insignificant in terms of my capacity.

I now have my Monero on Bittrex now.

[bitcointarget]

I want to buy and hold Monero.
can anyone suggest me user friendly, secure wallet for Monero ?

They have their official monero wallet, use it always. There are some third party applications for wallets, but they're not trusted. Don't risk your valuable monero and use only the official wallet.

[zafaryaqoob]

You can use exodus wallet to store Your Monero currency.