mymonero Archives - Coin Guides

How to verify Monero transaction – XMR proof of payment

coinguides — Mon, 10 Apr 2023 10:54:39 +0000

Monero proof of payment. How to prove a payment was made? Verifying XMR transaction. Payment proofs are helpful for spenders to prove the receiver that they’ve sent funds to them. When you send money to someone you need to be able to prove that you’ve made the payment. In some cases the recipient may claim …

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What is Monero payment ID & why do exchange need this for (XMR) Deposits?

coinguides — Thu, 30 May 2019 11:09:35 +0000

Often when depositing Monero (XMR) to an exchange you’ll be prompted to use your payment ID. Binance, Bitfinex, HitBTC, Huobi, Poloniex and every other crypto exchange that supports Monero trading states this clearly. “Both a Payment ID and an Address are required to successfully deposit your XMR“. Have you ever wondered why exchange asks payment …

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How to update Monero wallet? Upgrading Monero (XMR) GUI and CLI wallet

coinguides — Sat, 13 Oct 2018 13:00:11 +0000

Just like Windows, Mac and other software upgrades; cryptocurrencies also undergo a series of updates. Bitcoin updates its protocol, Ethereum regularly forks, Litecoin, Dash and every other blockchain projects update their network frequently. All these hard forks and updates are very much essential as it improves overall security, network efficiency and additionally brings in some …

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How to backup Monero wallet – Exporting seed, keys in GUI and CLI wallet

coinguides — Sat, 09 Jun 2018 06:09:38 +0000

Just like any other wallets you can create multiple wallet address in Monero. In Monero CLI wallet you’ll be initially asked to specify the wallet name. If the wallet already exists you can enter your password and proceed with it, if not you can create a new one. Even in GUI when you create a …

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Using remote nodes to run Monero wallet without downloading the Blockchain

coinguides — Sat, 02 Jun 2018 08:08:56 +0000

Are you tired of waiting for your wallet to sync or you don’t have enough storage space to run a full node? The Current Monero blockchain size is more than 50 GB so it takes ages to synchronize. By downloading the blockchain from getmonero.org there is a way to speed up the synchronization. But what …

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How to change the Monero blockchain data location – GUI | CLI wallet

coinguides — Wed, 09 May 2018 10:21:31 +0000

While the full node wallet gives you more control to your funds the problem with such wallet is running out of disk space. You don’t need so many wallets, just 2 or 3 most popular crypto currency core wallets are enough to fill your hard drive. The Monero blockchain keeps growing and there is no …

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MyMonero – How to create and use Monero web wallet, is it safe? + review

coinguides — Mon, 30 Apr 2018 11:13:12 +0000

Do you know a crypto currency that is currently rocking the dark web? It is not Bitcoin anymore, its Monero. That’s because in Monero the transaction stays anonymous and is completely untraceable. Here we are not going to go in depth about what is Monero and how it works. Instead we are going to talk …

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