Review on FantomCoin Freewallet by Fanuel PORPORTY
FantomCoin Wallet
FantomCoin wallet is one of about a dozen wallets in the Freewallet family. Freewallet has been in existence since 2016, after its launch in Tallin, Estonia. Though the company has kept its team profile private, the CEO, Alvin Hagg is well-known in the crypto sector.
At the time of launch, the team developed the FantomCoin wallet for purposes of software testing. The wallet features a built-in crypto exchange that supports 10+ coins letting you convert FCN into any supported currency. Furthermore, it comes already synced with the FantomCoin blockchain and thus will not require syncing. However, it retains a direct link to FCN block explorer, letting you view transaction details.
Pros
- You can receive altcoins in form of FCN and send FCN to altcoin addresses
- Cold storage for coins fosters security
- Multiple language support
Cons
- Wallet designed solely for FCN which limits transacting in other digital currencies
- Not regulated
- Private key FantomCoin wallet stored by service provider and not users
