XMR/USD
$87.10
0.19% 1 HR
24HR Change
0.76%
Price
$87.10
Market Cap
$1.484B

Introducing XMRWallet.com – Improved Features Support Decentralization

> Tutorial>Wallets & Desktop Clients > Introducing XMRWallet.com – Improved Features Support Decentralization

Wallet introduction

You can send and receive Monero instantly using XMRWallet.com. This is the world’s first secure wallet to send and receive Monero instantly. Its launch was accompanied by an announcement that listed the various features designed to benefit the community. Here they are:

  • Fully client-side
  • Fast transactions
  • Instant account creation
  • Multiple language support (10)
  • Compatible with MyMonero seed (import wallet)
  • Compatible with original Monero seed (import wallet)
  • No transaction import required (entire wallet sync)
  • Visible height synchronization (with progress bar)
  • XMR/USD balance view (auto updates)
  • Max function on send page
  • Multiple seed access (in new tab)
  • No registration required, No logs

 

The XMRWallet’s primary target is to ensure faster, more comfortable and uninterrupted Monero transactions.

The wallet supports decentralization because currently, only one Monero Wallet exists. Users will have one other choice as well, if the original MyMonero Wallet is offline.

 

Getting started with XMRWallet.com

Just like with every crypto, you need a wallet to store your coins. At the moment, there’s a shortage of Monero wallets even if there’s high demand for the cryptocurrency. The Monero website has an official desktop Monero Wallet and another one of the developers, Spagni, runs another web wallet called MyMonero.com.

XMRWallet is open source and client-based, and it allows users the following:

  • Instantly create an account
  • Important account from other wallets
  • Open multiple accounts at the same time in the same browser in different tabs

 

Since Monero is an anonymous crypto, you won’t have to enter your email ID, username, contact number, or other data required to identify you uniquely. No registration is required, and no user logs are kept.

Here are all the steps required to create an XMRWallet.

 

You already have a Monero wallet

When you open an XMRWallet, you will see a login page opening. It will ask you to log in, using your Seed or Public Key. If you have used MyMonero before, you will know what these are. The seed is a set of 25 words, and since XMRWallet comes in 10 languages, you can pick the one that you are using the most. It’s a synonym to a username that you usually use to log into other accounts.

In order to be able to log into XMRWallet or any Monero wallet, you will only need to use this seed. This also means that if you lose it, you will lose access to your account.

The best way to store the seed is to have more backups, and it’s also recommended that you store it privately. You can also choose to write it down, print it and more.

 

You don’t have a Monero wallet

If you don’t have a Monero wallet, then click on “Create Account” and this will generate a Seed for you. Using the seed, you will be able to log in.

 

You had an account in MyMonero previously

If this is the case, you can log in using the Private Login Key from MyMonero, and all the transactions will be automatically imported here. Every time you want to log in, you will need to enter the Seed or the Private Login Key.

 

What if you lose your Seed?

You can also log in using your Public Key which is a combination of your wallet’s address, your View Key and Spend Key. You will be able to find these details in the “Account” section after you have logged in. You can also note down all the other fields under Account details as a backup.

 

The Overview Page

After you log in you will land on the Overview Page. Here, you will be able to see how much balance you have, your wallet’s address and quick shortcuts to your transaction history, and even the option to send and receive money.

 

Performing transactions with the XMRWallet

Making transactions is also a simple procedure. In order to send or receive Monero, all you will have to do is specify the address and the amount of crypto.

When you want to submit, you will need to know the sender’s address. When you are receiving, you will have to share your own wallet address.

 

Sending money

When you are sending money, there’s an optional field that’s called the Payment ID. Due to Monero’s anonymity, the payment ID is the only way to tack your exchange. This is an option to keep the transaction auditable.

The transaction privacy is also known as the Ring Size, and it’s the number of sub-transactions that your transaction is broken down into when it’s made. This will protect the sender’s privacy.

To send money, all you have to do is put the address and the amount that you want to submit. You will have to select your desired level of privacy from the transaction privacy drop-down. Then, you have to click “Send Payment.” That’s all you need to do to send money to someone in XMR.

 

Receiving money

Receiving money is a lot easier compared to the previous process. All you will have to do is share your address.

XMRWallet also provides a QR code which will cut the need to type down an extended address for the sender.

You can also introduce the amount of XMR that you want to receive, the Payment ID, and even a Label that you’ll be able to use to describe the current transaction.

All this data that you have introduced will be available to the sender from the QR code.

After the sender scans the QR code via a supported client, the transfer is done. After a transfer is completed, it will show up on your Transactions page.

 

Help and Support

You will also notice that XMRWallet has a dedicated support page and there you will be able to contact the developers, provide feedback, and there’s also an option to donate to the XMRWallet.


Leave a Reply

Your email address will not be published. Required fields are marked *