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Review on NEM Mobile Wallet by Praise Olagbadun

Revainrating 4 out of 5

One Of The Best Wallets For The NEM Token

WWith the few years of experience in the blockchain network, I've gotten to discover something about wallets. Those that store a specific cryptocurrency or token tends to perform better than those that support a wide range of cryptos. This happens to be my mere prediction and don't necessarily mean it is applicable to all wallets as some of the wallets that supports a wide range of cryptos still perform better.
I would be reviewing a mobile wallet that supports just one token, NEM and this wallet is known as the NEM mobile wallet. Starting with the description of the wallet. This wallet as mentioned earlier is a mobile wallet which makes it compatible on Android and iPhone OS. This would help traders using the most popular Operating systems to have access to this wallet.
The security would be the first category I would be discussing today. The NEM mobile wallet happens to have some security features which I find really nice. First is the fact that they store their users private keys on their users device after it has been encrypted. The fact that it's also a multi signature wallet makes it even more interesting.
The fact that it is limited to NEM doesn't look too appealing to me but it's already on their name and I don't think anything can be done any longer.



Pros
  • The wallet seems to have good security features
  • They have a fair interface
  • Mobile supported,as it can be downloaded on the Android and iPhone devices
  • They have their private keys encrypted before storing it on the users device
Cons
  • The wallet is limited to just the NEM token

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