Review on EO.Finance by Aman Arora
Eo finance is good wallet service to buy and Exchange coins Securely
Eo Finance is a European base wallet service specifically designed for users to buy and exchange BTC and other crypto currencies. Wallet can be used as web version as well as use it by downloading App. Wallet registration is done through Email and SMS authentication and you can use all the available features after registration except Adding funds through card and wire transfer.
Wallet is more of a service linked to buy crypto with card service for users worldwide but you must need to complete you KYC to use the facility of adding funds and buying crypto. Procedure is simple and interface is good but platform does have few issues with user's kyc and it is unserstood because it is not easy to verify documents easily and every precautionary measure should be taken which it does take time. Support system is good enough to listen to your queries and available 24/7 to solve queries regarding Platform and KYC verification updates.
Security is a priority for every wallet services and Eo finance use Email and Mobile verification with 2FA authentication to offer best solution to keep your funds safe. Although you must verify your identity to add fiat currencies through wire transfer or card but you can instantly deposit BTC ETH BCH and other available cryptos and you can instantly exchange those Crypto with Exchange feature facility.
Wallet Charge fees with a fixed rate of 0.20% for every Crypto to Crypto Exchange. EO coin is wallet own native token and user can get 50% discount while paying fees with EO. This is excellent for Exchangers to save fees when they buy btc with card and want to Exchange it for ether or any other abailable crypto of their choice. Withdrawl of btc is high but still quite fair and in line with industry average fees.
Web and mobile both interfaces work perfectly to use all the features and users can easily manageb their wallets by removing or adding more coins to the home screen. If you look to buy crypto with Card or wire transfer and trade them securely then Eo finance is a good choice specially for user's who want to exchange crypto in bulk and avoid paying high fees with no need to buy and send Crypto to exchanges for conversions.
Pros
- KYC procedure for safe and legal use of wallet and avoid money laundering
- Good service for crypto hsers who like to buy crypto with Card
- Top security features to protect your funds
Cons
- Users have reported Kyc procedure take more time than normal and frequent Crash of Mobile app
