Review on LykkeWallet by Ibrahim Sunday
Lykke wallet review
Lykke wallet is seen to be the invention of the man behind the Oando, Richard Olsen. The wallet was launched in 2015, having its head office in Switzerland. The wallet is one of its kind which has a future which enables free swapping and exchange of coins. It has a very intuitive interface with a very good easy to navigate app. They have provided a lot of benefit in using their app which ranges from listing about 20 fiat currency as well as more than 80 crypto currencies. The exchange in terms of withdrawal fees and deposits fee which deposits with fiat cost 3.9% which is uundeniably high, the withdrawal fees for fiat via wired transfer is free while using other crypto currencies cost is fixed. About 0.0001 for btc, 0.001 for ethereum. These fees are high in my opinion. The wallet is very flexible to use as trading and swapping is free of charge. They are recommendable, if it suits you, you can go for
Pros
- It has a very good user Interface which has a very good feels, with good functionality.
- It supports a good number of fiat coins. And allows you trade for free
- the company is prestigious and is not shutting down anytime soon.
Cons
- Deposit fees of 3.9% is very high, which discourages me in first place
- It withdrawal fees for bitcoin and ethereum which are fixed is high.
