THORWallet Monero Support review

THORWallet is a multi-asset self-custodial wallet that recently added native Monero (XMR) support, enabling users to send and receive Monero directly within the application. The wallet has historically focused on facilitating cross-chain transactions and multi-blockchain asset management, and the addition of XMR represents an expansion into privacy-centric cryptocurrencies. Monero is a privacy coin that uses ring signatures, stealth addresses and RingCT to obfuscate sender, receiver and transaction amounts, making it distinct from transparent cryptocurrencies like Bitcoin and Ethereum. THORWallet supports approximately 45 cryptocurrencies and operates as a non-custodial platform, meaning users generate and control their own private keys without entrusting funds to the wallet provider. The interface is designed to simplify multi-chain management, allowing users to hold and transact across different blockchains from a single wallet. Users can send, receive and store Monero alongside other supported assets, with no KYC or account setup requirements. Because the wallet is non-custodial, there are no deposit or withdrawal delays; transactions settle on-chain according to network parameters. THORWallet is free to use. The service earns revenue from its integrated swap functionality, which sources liquidity from decentralised exchanges. Users are responsible for paying network transaction fees, which for Monero are set according to the privacy coin's fee structure. The wallet does not require or provide custody of assets, meaning there is no formal regulatory oversight or insurance protection. This model prioritises user sovereignty at the cost of traditional customer protections and account recovery mechanisms. The addition of Monero support is notable because mainstream wallets and exchanges have faced regulatory pressure regarding XMR listing, particularly in heavily regulated jurisdictions. THORWallet's embrace of Monero positions it as a permissionless alternative for users prioritising privacy, though the same privacy properties may restrict service availability in certain regions. Compared to general-purpose wallets, THORWallet's multi-chain depth and native Monero integration differentiate it; compared to privacy-focused wallets, its broader asset support offers flexibility. The trade-off remains security and ease-of-use for regularity and established support infrastructure.

THORWallet Monero Support is lightly regulated or non-custodial. No major custody breach on record. As with any platform, use strong security and only hold what you need on it.

No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.

THORWallet Monero Support fees: maker N/A, taker N/A; withdrawals: Network-dependent (user-set in Monero). Always confirm current fees on the official site, as crypto fees change often.

Available globally, with some regional restrictions. Availability, regulation and tax treatment vary by country. Check your local laws before trading, and confirm current details on the official site. Regional note — India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.

Users seeking Monero support combined with multi-chain capabilities and prioritising transaction privacy and self-custody..

Avoid THORWallet Monero Support if: You require seamless customer support, integrated trading functionality, or operate in a jurisdiction where privacy-focused cryptocurrencies face regulatory barriers..

Pros: Native Monero (XMR) support enables private, non-traceable transactions with ring signatures and stealth addresses built into the protocol; Multi-asset support including Bitcoin, Ethereum, Monero and numerous altcoins allows portfolio management across diverse blockchains in a single interface; Self-custodial model ensures users retain full control over private keys and can operate without KYC or account restrictions. Cons: Monero's privacy-centric design and regulatory scrutiny in some jurisdictions may create complications for users in restricted regions; Non-custodial operation places full responsibility for backup, key management and transaction security on the user with no account recovery options; Smaller ecosystem and lower user base compared to mainstream wallets may result in less frequent security updates and reduced community support.

No / limited. See the official site for current licensing.

This review was last verified on 2026-10-14 against the official site.