- 1.What is Monero?
Monero is a cryptocurrency, based on a blockchain, the main difference of which is complete anonymity. You don’t need to trust your personal data to a third party, you are responsible for the safety of your funds.
- 2.The Monero - is it truly anonymous?
For anonymity, Monero uses ring signatures, that is, transactions and users are mixed and can not be linked. Monero provides anonymous currency, and uses all the advantages of a decentralized cryptocurrency.
- 3.Why does Monero has value?
Monero has a value, because people are ready to use it and buy it. The price of Monero increases if demand exceeds supply and decreases if supply exceeds demand.
- 4.How to get Monero?
In WalletMonero you can buy Monero for any other cryptocurrency. You can also transfer your Monero from another wallet or use alternative ways of exchange.
- 5.What are the types of secure wallets?
There are two types of wallets: lightweight and a full node wallet. Full node wallet is the safest however you need to download the whole blockchain and update it daily. Another option is a lightweight wallet in which the blockchain is stored on a third-party server. You specify your key to the browser and you can create transactions on client-side only Out web-site will know when you receive money, but it will not know how much you receive, from whom you received it or from whom you sent money to. WalletMonero in no situation will store or process your wallet on the server.
- 6.Why is WalletMonero safe?
WalletMonero provides easy access to the Monero facilities for those who prefer not to run the full client Monero. WalletMonero does not save your private keys, therefore can’t use your funds. All private cryptography is performed on your device.
- 7.How to import wallet by seed?
A seed is a set of letters of the Latin alphabet and numbers that you can use to restore your account anywhere. The sid looks like this: 0d71f124d47d1c966825edc2267b2845.
To import from seed, you need to click "I Have a Wallet Already" on the main page, enter your seed and your wallet is ready for work.
Keep the seed safe and don’t share it with anyone. You can use the seed for recovery, even if your device fails.
- 8.How to import wallet by mnemonic seed?
A mnemonic seed is a set of 13 or 25 words that you can use to restore your account at any time. The mnemonic seed looks like this: asked suede zero relic hornet invoke dying camp piano tobacco cottage luggage piano.
To import from mnemonic seed, you need to click "I Have a Wallet Already" on the main page, enter your mnemonic seed in any form and your wallet is ready for work.
Keep the mnemonic seed safe and don’t share it with anyone. You can use the seed for recovery, even if your device fails.
- 9.What is an address?
If you want to have a cryptocurrency, you need to store it somewhere. Usually, wallets, are used to do this. The address of the wallet is a unique combination of numbers and letters of 26 - 35 characters, it looks something like this: 17bkZPLB4Wn6F347PLZBR34ijhzQDUFZ4ZC.
- 10.How to create a wallet?
You need to click on "Create New Wallet" on the main page, save your seed in a safe place, your wallet is ready for work.
- 11.Why is the transaction list empty?
If you moved your wallet to walletMonero, we don’t have information about your old transactions, we need to investigate the whole blockchain, in order to correctly reflect all your transactions, this process is very difficult, so we can’t implement it for free.