Monero - newbie advice
- Thread starter bigbigJim
- Start date
How about fiat to crypto then crypto back to fiat (bank deposit) Goal is to wash the money without trace of ill gotten funds
SolCPA
Junior Member
- Oct 8, 2024
- 121
- 26
The best wallets for Monero (XMR) are Monero GUI Wallet, MyMonero, Cake Wallet, and Ledger. To put profits into Monero, buy XMR on exchanges like Kraken or Binance, or use P2P platforms like LocalMonero. Transfer to your wallet to ensure privacy using Monero’s privacy features. For guides, check out getmonero.org/resources/user-guides/ and localmonero.co/faq.
try this
bigbigJim
Registered Member
- Nov 16, 2023
- 70
- 29
Is this possible?
IrenePal
Junior Member
- Jan 6, 2025
- 106
- 36
For a good Monero wallet, you might want to consider the Monero GUI Wallet, which is the official wallet and perfect if you're comfortable running a full node and want maximum security. Another option is Cake Wallet, a very user-friendly mobile wallet available for iOS and Android that also makes it easy to exchange Monero directly. If you're looking for top-level security, especially for storing larger amounts, the Ledger Nano X hardware wallet is a solid choice.
natsuko
Banned - Multiple Rules Violations
- Aug 21, 2023
- 2,379
- 1,166
For a Monero wallet, I'd recommend using the official Monero GUI wallet or MyMonero for something simpler. As for moving profits, it’s best to use a trusted exchange or peer-to-peer service to convert funds to XMR. Always prioritize privacy and double-check guides on the official Monero website
- Nov 22, 2019
- 6,960
- 1,681
I have seen some replies here that it can also be traced. You should do research about this if it is really anonymous.