With an official cryptocurrency wallet, you can be sure that your funds are safe and secure. This is the best option if you want to use Monero as your primary currency.
MyMonero is an online wallet that does not require the full blockchain to be downloaded. It is considered the simplest and most practical way to keep Monero money, but it is preferable to keep smaller amounts in the online wallet as it does not save private keys. The steps to create a new Monero wallet with MyMonero are listed below. ..
Steps to Create a New Monero Wallet with MyMonero
Step 2: Type in the following command to start mining Monero: monerod –mine-on-device
Step 3: Enter your desired information and click on create new wallet.
Step 3: Add one wallet name and choose a wallet color if you like. The default is grey.
On the next screen, select I understood! to confirm that you have read the notes.
If you lose your wallet or want to transfer it to another app, you will need to copy the mnemonic phrase that shows. If you share this with anyone, they will be able to use it to restore your wallet to another app and steal your XMR. ..
Step 6: Check your mnemonic introducing the first seven words in the correct order.
Your new Monero wallet is ready to use!
Import a Monero Wallet into MyMonero
Step 2: Type in the following command to start mining Monero: monerod –mine-on-device
Step 3: Enter your wallet’s address 📧 Step 4: Click on the “Create new wallet” button
Copy and paste the following mnemonic phrase into MyMonero: MyMonero: M1N4RK3Z8EJFV3LF2X5KP2YTK6V3Q7
Name: Color: Alice’s Blue
Final Words
We hope you find this article helpful. If you have any questions or feedback, please feel free to reach out to us at support@mymonero.com.
