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Satowallet Exchange Review

15

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Followers 1

·

Terrible

Revainrating 2 out of 5  
Rating 
1.9
Crypto Wallets

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Details

Typehot
Cryptocurrencies62
Devicesmobile, web, desktop
OSwin, ios, android
Extra services

Description of Satowallet Exchange

Based in Dubai, Sato Wallet is an open source Android, IOS and Web cryptocurrency wallet supporting over 60 altcoins. It is centralized and lets you access the blockchain without locally storing it. Furthermore, it gives users the ability to exchange cryptos for local currencies. As security methods, it features 2-factor authentication. In short, Satowallet is an All-in-one App to trade, store, invest, stake, and secure users blockchain assets with the possibility to earn 40% dividend monthly for holding Satowallet Shares (SATOS). Features: Multi-Coin Wallet - Access to hold, receive and transact Bitcoin and several Altcoins with just one wallet account. Internal Exchange - Trade Bitcoin and Altcoins with lowest trading fee, fast trading engine and high liquidity. Staking Mobile Wallet - Stake your favorite proof of stake(POS) coins by depositing into your wallet and receive auto staking rewards every Monday. Cryptocurrency Airdrops - Receive several cryptocurrency airdrops directly to your wallet balance. Never miss any airdrop with Satowallet. No-fee Transactions - Provides zero fee transactions for all supported coins between satowallet hosted wallet address. Instant transaction confirmations. Auto Coin Swap and Trading - Instant exchange between supported coins with low fees. Also Buy/sell cryptocurrency with Local currency bank deposits and withdrawals. Security - Secured with 2fa, OTP, personal pin code, email verification, and cold storage. SatoWallet supports 68 crypto-currencies, to see the full list click here.

Reviews

Global ratings 15
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Type of review

Revainrating 3 out of 5

Satowallet Exchange is a multi cryptocurrency wallet and exchange

Satowallet is a secure multi-pool cryptocurrency and exchange app for storing, mining, exchanging, exchanging and handling cryptocurrencies. Dubai-based Sato Wallet is an Android, IOS and web open cryptocurrency wallet that helps for 60+ altcoins, it is centralized and helps you access the blockchain without storing it regionally. In addition, it offers customers the option of exchanging cryptocurrencies for local currencies. As a protection method, it works with 2-component authentication. In…

Pros
  • No withdrawal limit
  • Free Deposit fees
  • very secured
Cons
  • No proof of reserves

Revainrating 1 out of 5

This wallet is not an ideal option for all traders

Satowallet exchange is a centralised crypto currency wallet. You have to entrust your wallet key to the wallet provider which I'm not very comfortable with and cause the wallet is still new and the developers behind the project aren't known, more so the wallet developer where from Dubai which isn't a very popular location for digital currency companies even though a good number of traders hail from there. The wallet has a poor status quo and rating amongst many virtual currency traders and it

Pros
  • There's nothing positive about the wallet
Cons
  • The wallet is nothing recommendable

Revainrating 2 out of 5

my little experience on this exchange platform called Satowallet Exchange

Satowallet Exchange. hello guys, this is a quick review on Satowallet Exchange Satowallet Exchange is a web cryptocurrency wallet, the company is based in Dubai, and has over sixty alternative coins and use blockchain without locally storing coin. Satowallet Exchange also provides two-factor verification of the wallet to add another wallet of security for the wallet to make it not accessible by any other person or third party. Satowallet Exchange is a platform that allows the user…

Pros
  • very reliabe
Cons
  • has not gain much recognition

Revainrating 1 out of 5

various customers' objections have not been restored.

This wallet, which was familiar with the customer years earlier, is as of now out of usage and is accused by customers for blackmail. The wallet had various features and a critical number of these features were not found in other such wallets. My #1 segment is that it might be used like a protections trade by exchanging acclaimed financial norms. Moreover, it looked unprecedented that we could store crypto by getting it with esteem cash into the wallet. Wallet managed difficult issues…

Pros
  • It used to be a wallet application that I liked undoubtedly.
  • It's anything but's a stunt and doesn't seem to have some other positive side in this manner
  • Be cautious about stunts who hoodwink people by saying they really serve web crawlers.
Cons
  • there are various complaints.
  • An enormous number of dollars of customer saves remained inside.

Revainrating 1 out of 5

numerous clients' complaints have not been cured.

This wallet, which was acquainted with the client years prior, is presently out of utilization and is blamed by clients for extortion. The wallet had numerous highlights and a significant number of these highlights were not found in other such wallets. My #1 component is that it very well may be utilized like a securities exchange by trading famous monetary standards. Likewise, it looked extraordinary that we could store crypto by buying it with value money into the wallet. Wallet dealt

Pros
  • It used to be a wallet application that I preferred without question.
  • It's anything but a trick and doesn't appear to have some other positive side therefore
Cons
  • Be careful about tricks who bamboozle individuals by saying they actually serve web crawlers.
  • there are numerous objections.
  • A large number of dollars of client reserves stayed inside.

Revainrating 1 out of 5

Sato Wallet has received so many bad reviews, I don't think it's good for use

The Sato Wallet application has been a victim of many criticism from it's user base. The wallet which is a Centralised one, taking hold of users funds in their custody has received a lot of backlash lately on reports of funds missing. Despite the security feature that the wallet falsely displays, they seem to still have a loophole or they are not straightforward in their business. We all agree that every centralised wallet depicts one major role in cryptocurrencies, Not your Keys, Not your…

Pros
  • I have nothing positive to say about a thieving wallet provider
Cons
  • The wallet is centralised, so users are not placed in sole custody of their funds
  • There has been so many negative reviews by the wallet users as pertaining loss of funds and no recovery
  • The security system of the wallet are presumably false. They don't keep to standard

Revainrating 1 out of 5

A lot of negative report about his family

Choosing from the long list of wallet availableIs such an exhausting tax I'll recommend you make an in-depth study a research on the wallet you are choosing. A good morning first of all you will have a very good report online as well as be able to perform the normal centre receive function and ensure you of your access security The Wallet is his a Dubai made exchange it has been initially praise due to variety of feature available in the exchange wallet which includes MUlti coins…

Pros
  • It is an open-source wallet
  • You can save over 70 coins on this world
Cons
  • The wallet is centralize.
  • Uses online as complain about missing funds and the one that can be simply seen as a fraud app

Revainrating 3 out of 5

The First Dubai Crypto Platform I've Ever Seen

TThe SatoWallet Exchange platform is one that happens to be the first of its kind to me. This is because it is the first platform in relation to the blockchain network I've ever seen from the United Arab Emirates (UAE), Dubai to be precised. The platform happens to have their mobile applications available for both the Android and iOS and they also have their service available via the web, this would make operability easily accessible. As for the crypto pairs, they seem to have a fair number…

Pros
  • The wallet has a nice range of crypto pairs
  • They protect their users funds with the 2 Factor Authentication
  • Their local token, known as the SATOS gives holders a share of their trading fees
  • They have their mobile applications available for both Android and iOS
Cons
  • The wallet doesn't have enough security features to me

Revainrating 2 out of 5

Sato wallet exchange

The wallet called Sato wallet is now unavailable and it's being termed as a fraud wallet. The wallet contain so many features in which the features aren't found in other wallet. In 2019,users has so many challenges regarding this wallet. The users whose funds are still in the wallet couldn't be withdrawn and this cause a huge loss of money. Some crypto currency such as BTC ETH can be traded in the wallet. Transfer transactions are being made instantly. When I made some little research about

Pros
  • Built in exchange
  • Easy user interface
  • It supports iOS and Android
Cons
  • Poor security system
  • The website is currently not available

Revainrating 1 out of 5

many users' grievances have not been remedied.

This wallet, which was introduced to the user years ago, is now out of use and is accused by users of fraud. The wallet had many features and many of these features were not found in other such wallets. My favorite feature is that it can be used like a stock market by exchanging popular currencies. In addition, it looked great that we could deposit crypto by purchasing it with price currency into the wallet. Wallet faced major problems in 2019 and users suffered from this problem. Because the…

Pros
  • It used to be a wallet application that I liked very much.
  • It's totally a scam and doesn't seem to have any other positive side as a result
Cons
  • The website and applications cannot be reached.
  • Millions of dollars of user funds remained inside.
  • there are many complaints.
  • Be wary of scams who deceive people by saying they still serve search engines.

Revainrating 1 out of 5

Satowallet has terrible security.

Satowallet was a perculiar case. It was a multi-cryptocurrency wallet that supported Bitcoin, Ethereum and a lot of other coins. The wallet was an easy way to hold your coins, send and receive and also offered easy Exchange with the built in Exchange feature. While it was a pretty good multi-cryptocurrency wallet, It allegedly made away with users funds worth over a million dollars. In 2019 it was alleged that the database of the wallet malfunctioned and users lost access to their wallets and…

Pros
  • Supports all ERC-20 tokens.
  • Multicryptocurrency wallet.
  • Built in Exchange.
  • Easy user interface.
  • Android, IOS, web wallet support.
Cons
  • No more available for download.
  • No webiste. Medium page is suspended.
  • Centralized.
  • Not anonymous, KYC required.

Revainrating 3 out of 5

A multi cryptocurrencies wallet.

Satowallet Exchange is a multi coin wallet that enable holders to receive and transact Bitcoin and more than 60 cryptocurrencies in the same wallet account. It gives the users the opportunity to store, stake, invest and Exchange cryptocurrencies for local Satowallet offer low Trading fees, free transaction fee for all supported cryptos within satowallet account and quick transaction confirmation. It also offer 2 factor authentication, individual password, and email verification as means

Pros
  • It easy to use based on friendly interface.
  • Is a multi currencies
  • It Exchange cryptocurrencies for Fiat.
  • It has fee transaction fee for supported coin in the same wallet.
Cons
  • Inadequate Security

Revainrating 3 out of 5

Satowallet exchange

NoneThere are many wallets on the market offering multiple options, but this wallet gives us all that in one, as it gives us security in transactions such as deposits, withdrawals and transfers. gives us a wide range of supported cryptocurrencies and an interface which is easy to use for all new users To make it much easier for you to simply manage your cryptocurrencies with ease

Pros
  • Great security when making transactions
Cons
  • None

Revainrating 2 out of 5

Satowallet Exchange and its popular bad reputation

Based in Dubai, Sato Wallet is an open source Android, IOS and Web cryptocurrency wallet supporting over 60 altcoins. It is centralized and lets you access the blockchain without locally storing it. Furthermore, it gives users the ability to exchange cryptos for local currencies. As security methods, it features 2-factor authentication. In short, Satowallet is an All-in-one App to trade, store, invest, stake, and secure users blockchain assets with the possibility to earn 40% dividend monthly

Pros
  • Multi-Coin Wallet - Access to hold, receive and transact Bitcoin and several Altcoins with just one wallet account.
  • Internal Exchange - Trade Bitcoin and Altcoins with lowest trading fee, fast trading engine and high liquidity.
  • Staking Mobile Wallet - Stake your favorite proof of stake(POS) coins by depositing into your wallet and receive auto staking rewards every Monday.
  • Cryptocurrency Airdrops - Receive several cryptocurrency airdrops directly to your wallet balance. Never miss any airdrop with Satowallet
  • No-fee Transactions - Provides zero fee transactions for all supported coins between satowallet hosted wallet address. Instant transaction confirmations
  • Auto Coin Swap and Trading - Instant exchange between supported coins with low fees. Also Buy/sell cryptocurrency with Local currency bank deposits and withdrawals.
  • Security - Secured with 2fa, OTP, personal pin code, email verification, and cold storage.
Cons
  • I decided not to use it due to its multiple scam complaints from its users

Revainrating 3 out of 5

In general this wallet meets the purpose and what it offers, apart from being…

In general this wallet meets the purpose and what it offers, apart from being able to save our assets we can buy and diversify our portfolio without having to leave an app. It complies with security accessibility since it is available for multiple platforms. in this sense it seems very easy to use just by installing the app we can start using it efficiently

Pros
  • It is available for android and ios. It is possible to trade within the platform, more than 70 cryptocurrencies are available. possibility of receiving airdrops of new projects. available capital income in fiat money. A large number of projects are available and new projects are being added weekly.
Cons
  • it is not possible to affirm that it is totally decentralized. Some of the prices within the exchange are usually not updated. Because it is an online wallet, it is not recommended to protect large amounts of assets.