Review on Toast Wallet by Danh Huỳnh Ngọc Công
Toast Wallet - a good friend of XRP holders
Toast Wallet is popular among the XRP community because it gives them the ease manage their assets. Another important factor that makes up the name of XRP is the the seamless security protecting the users' funds utilizing many layers. However, it is important to make some changes on the design and add more functions to the wallet.
Updated 5 years ago
Rating has not been changed
Negative point: Toast wallet does not focus on tremendous marketing activities so it is hard for them to get known by a wiser range of users
Pros
- - Toast Wallet is very simple to use there is no requirements for specific technical knowledge so everyone can use it
- - It protects the data by letting the users keep their own keys and seed phrases (the very long ones) to help them secure their own assets
- - It allows users to manage many addresses on their wallets. They can also create vanity addresses to serve the businesses purposes link branding or verification
- - Toast wallet is open-sourced so it is very transparent about the product giving the confident to the users
- - It is available on many platforms so users on different OS can use it easily. They also offer an extension on Chrome so it is available on every OS that Chrome can work on
- - It is trusted by many users in the world to transfer Ripple every day. This is a sign that you can confidently use it without worries
- - Two devices can transfer XRP offline if they have Toast Wallet 2.2.0 or newer
Cons
- - The design is something preventing me from using this wallet for the long term. It really need to do some upgrade with its outdated design. More users will become their fan if they carry such changes
- - You cannot enjoy what other wallets offer, such as swapping currencies, trading them, check the price
- - It is not competent like many other wallet as they can store many cryptocurrencies, access the DApps, and have great designs
- - To activate a wallet, users must send at least 20 XRP to that wallet to start using it
