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Most private crypto wallet?
(kbin.social)
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this post was submitted on 25 Nov 2023
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Privacy Guides
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If you’re familiar with Electrum and migrating to the privacy coin, Feather may be a convenient choice.
The fundamental problem for you might not be the wallet; but KYC vs. non-KYC. Is it allowed to post a link or mention specific platforms here? You may want to check a website about no-kyc and try a trusted, no-kyc platform—not a CEX but a DEX (pure P2P), so no company can monitor your private life (related to shopping). You can browse monero.town, which is a friendly Lemmy instance of !privacyguides@lemmy.one in the sense that Monero is recomended on the official site of Privacy Gudies: https://www.privacyguides.org/en/cryptocurrency/ (I’m a mod from !privacy@monero.town)
The tricky part is, if you have been once KYCed, your privacy invaded, then you couldn’t undo it (un-KYC it). You may need to start over, creating totally new addresses, doing everything anonymously over Tor. If you’re not that privacy-oriented, you can just swap the KYC coin you have to Monero, and you’ll be invisible from that point.
But Moneo is not magic to solve everything. DYOR and stay safe!
Are there any recommendations for cold storage? Or are paper wallets enough? I've pretty much only ever used Electrum and rarely so and I'm trying to expand my horizons
It depends on how much you have, etc. If it’s just like 10 or 100 €, maybe you don’t need to be super careful.
The following is just one possible way—get a safe and libre “poor man’s hardware wallet” quickly and easily without paying:
1. Main wallet
2. Hot wallet
3. When you send Monero from 1 to 2
In theory this should work pretty well, if not the strongest possible. It’s not a recommendation, though. Do your own research. You may want to ask the same question in !monero@monero.town; hearing various opinions, not just trusting one person (me), is a good idea.