Review on Electron Cash Wallet by Emmanuel Sunday
Electron cash wallet review; credibility
A lot of technologies for crypto wallets have emerge and new ones with enticing features are emerging everyday so it is easy for you to fall in the wrong hands. So always make indept studies before deciding on a wallet to use.
A good wallet should ensure and guarantee safety of your assets as well as performing a very fast transactions including send, receive, and swap functions at a very minimum fee and charges. Some wallets tends to charge fees for using the platform which is not advisable to stay with them.
Electron cash Wallet is among the list of the most safest wallet available, as it is being developed and managed by the bitcoin cash community and enthusiasts. It was released in August 2017 after the bitcoin cash fork in august2017. It has unique technologies such as the SPV technology which aligns the wallet to users needs as well as multi signatures which helps secure your wallet from any third party handling your devices. The wallet has a mobile device version which was released later on in 2019. The wallet is of disadvantage if your goal is to monitor your assets in one app as it supports only bitcoin cash. The wallet is absolutely recommendable
Pros
- It saves your private keys and you can recover your account with the seed phrases. It also stores your coins on cold storage.
- It is absolutely save environment as it is backed up by the bitcoin cash community.
- Recommended die to its low transaction fees and minimum charges.
- The mobile device version released has a very good interface.
Cons
- It is so good but only supports bitcoin cash.
