Review on LykkeWallet by Gabriel Medina
Utility beginner wallet compatible with fiat currencies
Lykke Wallet is an easy and secure mobile wallet to use where we can invest or trade not only in cryptocurrencies, but with fiat currencies. We will not need to go to a bank or cryptocurrency exchange to do so, its application is linked to the Lykke Exchange. Withdrawals are subject to fees just like deposits through other payment providers. However, you do not charge us for bank withdrawals and crypto deposits are free. This wallet is available in its web, Android or iOS version and we can use it anywhere in the world. You have to go through a KYC process in the registry or else we could block the account. The wallet in terms of security is impressive since you have practically three wallets, the commercial, private and cold. The methods used to guarantee security are captcha, verification, encrypted signatures and finger verification.
Pros
- Easy to use in all areas.
- Security implementations to protect users
- It supports both cryptocurrencies and fiat currency.
- Relatively low fees.
Cons
- KYC process necessary because otherwise they will block our account.
- Two-factor authentication is not included.
