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I have too little funds in MyMonero. Is there a way I can sweep those funds into another wallet?

I'm guessing I tried doing this once before, but it didn't like me sending all because it wanted some for fees. I'm really not sure.

Lorax
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1 Answers1

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You cannot transfer to another wallet with different address without a transfer fee. However, if you want to use a CLI or GUI wallet you can do so.

If using a GUI follow this guide:

How do I use my MyMonero wallet via the Monero Core GUI?

or using a CLI:

If I saved my view key and spend key can I recover my wallet if my mnemonic seed is lost?

FYI. Transfer fee has decreased since the last hard forked in April 15.

Gundamlancer
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  • Alright, understanding the "monero bank" conceptually is like learning how git works for the first time. I don't need to "transfer" all funds from My Monero. I own the address and keys, which means I can view/spend funds connected to them in any wallet any time. I just happened to be viewing the cumulative transactions on My Monero. Now, I am viewing them in CLI. The phrase "backing up" is almost meaningless; it's already backed up in the blockchain. We're merely "viewing our part/account" with the address and keys. Awesome, thank you. – Lorax Apr 21 '17 at 21:23
  • Your correct. In the future, if your monero/xmr accumulates to a large sum it is a good practice to put them on a different wallet address(cold wallet) from your a light wallet such as MyMonero. Take caution also of using other wallets that don't provide you with a private key. – Gundamlancer Apr 21 '17 at 23:53