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Satowallet Review

5

·

Terrible

Revainrating 1.5 out of 5  
Rating 
1.7
Crypto Exchanges

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Reviews

Global ratings 5
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Type of review

Revainrating 3 out of 5

This project is a Nigerian exchange.

Satowallet, Nigeria Bombing Trade Shipped in 2017. Trade is a Nigerian-owned organization based in Dubai. It didn’t take long before the trade finally closed and became available. Changing this step goes beyond imagination. Being a strong Nigerian, I was happy to use this trade, but when I tried to access the site, it seemed tragic that the trade was incompetent. This phase change was suspended, after which no good news was heard about the trade. To be in a safer place, it is wiser to avoid…

Pros
  • It is widely used in the trading system.
Cons
  • Negative aspects can be encountered.

Revainrating 2 out of 5

Satowallet

Satowallet is a cryptocurrency exchange and trading platform. Sato Wallet in Dubai is an open source cryptocurrency wallet for Android, IOS and the Internet, supporting more than 60 altcoins. It is centralized, allowing access to the blockchain without storing it locally. In addition, it provides users with the opportunity to exchange cryptocurrency for local currency. Two-factor authentication is used as a security method. In short, Satowallet is a one-stop application for trading, storing…

Pros
  • A promising exchange platform
Cons
  • Operates in limited countries

Revainrating 2 out of 5

Sato wallet

This wallet called sato wallet is a Nigerian wallet that has failed. It was launched in the year 2017. This exchange is a Nigerian wallet that is based in Dubai. This exchange didn't survive for long before it was closed down and become unaccessible. In the 2019 a report came from them that there was a hack on their fundings which worth about $1million dollar. While others say that this exchange perform an exist scam others were like were the hackers very real? however if you want to trade…

Pros
  • No positive comment about this platform
Cons
  • This webpage was hacked and funds were stolen
  • This exchange domain has expired
  • This exchange is likely to be a scam

Revainrating 1 out of 5

Trading in this platform has been suspended

This is another Nigerian exchange called satowallet, which was established 4 years ago. The platform is a Nigerian personalised company which was licensed or based in Dubai. The exchange was shut down not quite long after it was launched. In 2019, a report was received from the company on the issue of their hacked devices of which worth over $1 million dollars while other people says that the platform purposely carried out an exit scam. Though trading in this platform is not possible. Being a

Pros
  • None
Cons
  • This exchange has been hacked and most of the funds where stolen
  • It has expired domain
  • Also has been suspended

Revainrating 1 out of 5

This exchange was hacked

Satowallet is a failed Nigerian exchange which was launched ib 2017. The exchange is a Nigerian owned company based in Dubai. The exchange didn't last long at all before it eventually closed down and became inaccessible. In 2019, there was a report by the company that there was a major hack on their funds worth over $1 million dollars. While others say that this exchange performed an exit-scam others are if the opinion that the hack was real. However, trading here is basically impossible. I…

Pros
  • None
Cons
  • The exchange was hacked and major funds were stolen
  • The exchange might have been an exit-scam exchange
  • The domain of the exchange has expired