Review on Citowise by Jeff Ayuba
Non-custodial wallet. Simple User Interface. An in-built exchange. They are all available on Citowise. What else do you need?
My usage of Citowise wallet dates back to as far back as I can remember. The wallet which acts as a non-custodial wallet that doesn't hold on to the keys of the wallet has made users to be left rest assured of their fund safety. I have always had a preference for wallets that gives the users their private keys because of unforseen circumstances like a hack on the custodian holdings. My preference for this wallet specifically goes beyond just it's non-custodial feature but also it's user interface that new users can find quite pleasing. I didn't take long to relate and identify what was in the wallet. It's in-built exchange is also another note worthy point to take. The transaction fees for the exchange of different coins through it's exchange provider isn't that high but can be considered so especially if one makes exchanges of coins that can be sent for low transaction fees to an exchange with a lower trade fee cost. I still prefer it for my exchange of Bitcoin to stablecoins in times of a bearish market so I really liked the service of the exchange on the wallet application
Unlike many non-custodial wallet, Citowise doesn't allows the toggling of transaction fees for some of the coins. I feel that this is a missing feature and really should be added. Also the website that acted as a host to this wallet has not been accessible since the past month. With no extra security to the wallet, anyone using this wallet has to be very careful to restrict access to their phones or wallets from people who will peer and copy their private keys. It is still a great wallet and I still enjoy using it
Pros
- Citowise acts as a decentralized non-custodial wallet that gives flexibility of users personal security on their holdings
- The wallet boasts of a simply User Interface
- There is an in-built exchange on the wallet that makes it convenient for users to swap their cryptocurrencies
Cons
- The official website to the wallet is not accessible by anyone anymore
- There are no extra 2FA for added security to the wallet
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Comments (1)
January 31, 2021
Hello. I read the review you wrote . I found what you wrote logical and informed. Thank you for keeping me informed. Don't forget to add new things when you update your comment. Have a good day.
