Review on Guarda Wallet by Gabriel Medina
Guarda Wallet without custody and open source
Guarda is an open source, non-custodial wallet that allows owners to store a variety of cryptocurrencies in one place. The most prominent cryptocurrencies, thousands of tokens and a large number of stable cryptocurrencies can be stored.
Guarda Wallet was launched in 2017 under the company Guardaian OÜ, focusing on building blockchain projects in the European Union.
How does it work?
The wallet uses an open source protocol that can be accessed from its website. As it is an unguarded wallet, you will have control of your private keys and your funds in cryptocurrencies. This provides a high degree of security.
Guarda offers you the convenience of being able to buy, exchange and save cryptocurrencies on a single platform.
Additional characteristics
Conclusion
The Guarda purse is quite simple to use and easy to handle. In addition, it offers users universal access to manage multiple cryptocurrencies on a single platform. Rather than managing multiple apps dealing with different cryptocurrencies, Guarda wallet makes it easy to manage cryptocurrencies all under one roof. The wallet supports an extensive gallery of stablecoins, tokens, and cryptocurrencies.
All of this means that there are good reasons to use Guarda to store your cryptocurrencies. However, one refusal to consider is that the wallet still lacks important security protocols such as 2FA. That being said, not too long ago it started implementing multi-sign confirmation strategies for major cryptocurrencies. Overall, the Guarda wallet is a solid option for people looking to buy and hold a wide variety of cryptocurrencies, while maintaining overall control of their private keys and having access to a number of additional features.
Pros
- Integrated cryptocurrency exchange service.
- It is an unguarded wallet so users maintain full control of their private keys.
- Unique platform for managing multiple cryptocurrencies.
- Available on multiple devices such as web, computers, mobiles (Android and iOS) and as a Chrome extension.
- Integrated with hardware wallets.
Cons
- Absence in the 2FA security protocols.
- The process for the exchange or purchase of cryptocurrencies is uncomfortable.
