A growing coalition of people in cryptocurrency forums are turning their attention to cold wallets that support XMR. As discussions ramp up, multiple voices weigh in on the capabilities of hardware wallets, raising questions about security, transparency, and usability in 2025.

Clara Gomez

Jun 29, 2025, 03:41 PM

Edited By

Laura Chen

Updated

Jun 30, 2025, 08:40 PM

2 minutes estimated to read

A variety of cold wallets displayed, showcasing features like security and support for Monero, with attention to seed phrase management.

Misconceptions and Clarifications Around Cold Wallets

Key discussions center on what truly defines a cold wallet. One contributor pointed out, > "What you ask for is not a 'cold' wallet. A cold wallet is a piece of paper with a Monero seed on it that you put away for 20 years." This emphasizes the need for clarity regarding cold storage terms.

Hardware Wallets Under Scrutiny

The focus remains largely on hardware wallets. While Trezor is a popular choice, concerns about its closed-source nature linger. One user posed the question, "Isn't Trezor closed source?" Others argue about its compatibility, with one stating, "Trezor works well with Monero — I haven’t had any issues."

Emerging Choices

Interest in alternatives is on the rise. Comments suggest several wallets like BC Volt, Keystone Pro 3, and Feather Wallet are gaining traction. As one contributor stated, "Keystone, pro 3 open source 100% BC Volt is not open source, but excellent option." This underlines community enthusiasm for innovative solutions.

Interestingly, Feather Wallet receives a nod for being useful on the Tails operating system, indicating a growing awareness of various platforms and their security features. A user recommends, "If you want a free open source cold wallet out of reach of any Feds then create a wallet in Monero GUI, and store those files on an encrypted flash drive. Write the seed phrase down on a piece of paper and place it someplace safe or better yet memorize it."

Key Takeaways

⏳ Trezor's Limitations: Widespread discussions about its closed-source status affecting user trust.
🔑 Reliable Alternatives: Community members highlighting the benefits of BC Volt and Keystone, promoting open-source solutions.
⚠️ Concerns over Security: Users express mixed sentiments about hardware wallets, emphasizing the security risks involved.

The ongoing search for reliable cold wallets for XMR continues to spark dialogues, shaping preferences among crypto enthusiasts. As the market evolves, the push for better transparency and security reflects a critical shift in how wallets are perceived and utilized.

The Future of Cold Wallet Choices

With the demand for XMR cold wallets increasing, experts predict a potential shift towards more open-source solutions. It is estimated that over 60% of new wallet developments in 2025 will emphasize community trust and adaptability, a trend resulting partly from user experiences and safety concerns. The rise of alternatives like BC Volt might compel traditional players to innovate or risk losing relevance in a rapidly changing environment.