Transfer WMR to Monero (XMR)
The list above shows exchangers sorted by the rate of exchanging WMR to Monero (XMR). The exchanger with the best rates is at the top of the list, exchangers with worse rates are listed below it. Choose the exchanger with the rate you need and click it to go to the site and exchange the money.
What is Monero wallet and how to use it?
Menero wallet is a cryptocurrency designed wallet which provides privacy, secure and anonymous transactions. There is an application that needs to be downloaded. Post the installation, create your wallet, restore wallet from 25 mnemonic seed and then open the wallet from the file. Make sure to give your wallet a name.
Why should you use Monero?
You can have complete control over the transactions you make on Monero. Fungibility in all the deals is a salient feature that ranks very highly for Monero and it scores better compared to Bitcoin. This crypto has dynamic scalability and is ASIC resistant. Also not to forget, the growth of Monero has been massive in the recent past.
Where should I store Monero?
You can store Monero in five if the various types of wallets. online web wallet, GUI wallet, full node wallet, hardware wallet, and paper wallet. The best wallets currently present in the market are Atomic wallet, Monero GUI Wallet, MyMonero Wallet, and Monerujo Wallet. Using these wallets you can store and transact Monero.
Can I mine Monero?
Yes, you can mine Monero. Monero is a Proof of Work cryptocurrency, anyone with a CPU mining hardware or GPU mining hardware can mine for Monero. It is an open source network but it`s still very secure and non-traceable currency.
Why should you NOT use Monero?
There is a bit lesser hardware compatibility of Monero wallets when compared to other Cryptos. The UI & UX cannot be compared to Bitcoin standards, hence the acceptance rate of this Crypto is lower. Close to 43% of this cryptocurrency belongs to only three mining pools and that can cause a centralization issue despite ASIC being in place.