Review on Guarda Wallet by Praise Olagbadun
Need Security? Check Out Guarda Wallet
The Guarda wallet is a multi currency wallet that was found in the year 2017 and is based in the European Union with FIU license. It happens to be a new wallet that is gradually taking its stand in the crypto world, alylthough it's not too popular, it has gained recognition in so many parts of the
The very one thing I really enjoyed from the wallet when I downloaded the application was their customer support, how lively! Their ever-ready customer support helped me out when I was in need. The fact that it is a multi currency wallet shouldn't be written off as it stores more than 40 cryptocurrencies and a hundred of tokens. It also allows the staking of some assets as a passive source of income. One can say the wallet was created mainly for the purpose of providing a well secured wallet for daily transactions digitally as one can see in it's security system. The Guarda wallet doesn't share user backup files and private keys to avoid any situation of security breach. They also stores encrypted backups on its users device and utilizes the Biometric Identification, making it possible for users to access their wallets via fingerprint verification or face ID. All these are put in place by the founders to provide a well secured wallet
Although the Guards wallet has all these advantageous features, I still see one of which is a bit disadvantageous. The fact that the platform charges exuberantly for exchange (3.5% fee for every exchange made on the built-in exchange platform). Although they don't charge for using their application, the exchange fee is relatively high.
Pros
- It's security is something to discuss all day as the Guarda wallet provides the best they can give in terms of security
- Their customer support is one in town, as they are very responsive
Cons
- It's fees are very high when compared to others
