Monero
$107.71 1.19%
XMR · 10w

Monero GUI wallet question

Hey, Monero newbie here. Just downloaded it and transferred my XMRs from Binance to there. So, Daemon means node in Monero, right? If I choose daemon mode as remote node instead of local node, that means kinda "restricted" privacy for me but it runs smooth background without any downloading whole blockchain of Monero, if I'm not wrong. Is there any thing that I know wrong above? Thanks all!
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