Review on Guarda Wallet by Temitope Babatunde
Features of Guarda Wallet
Guarda wallet was introduced into the crypto market in 2017, it is licensed under the European Union law that is Financial Intelligence Unit(FIU), with this license Guarda can trade in crypto to fiat as well. They also incorporated the support for hardware wallet into their system which make them very reliable.
Guarda does not store the data of their customers because they use open source software and they are non custodial as well that is why anyone that choose to use the wallet must be very careful with the way they will keep their password and private key. The use of debit card with this wallet is also possible.
Guarda wallet give its customers the freedom to customize their fee, though it will first recommend the fee to the user, but the user can decide to pay lower fee especially if such person is not in hurry. The guarda system also allow the users to either use the wallet incorporated in the system or import their wallet either is acceptable.
There is web version of this wallet as well as ios and android version the android app is called Moxi. The wallet supported all erc 20 wallet as well as Bep-2 and some other coins.
Within short period of its existence at least the team has developed various types of products among which is, token generation, prepaid debit card etc. With this it is clear that there is serious team behind Guarda wallet.
Pros
- Guarda wallet is a multicoin multi purpose wallet because it supports many coins and you can do many things inside it not just for storing coins.
- Very secure
- 24/7 customer support service especially on telegram
Cons
- It is an online wallet, all online wallet carry a measure of risk likewise Guarda wallet.
- Since you hold your private key attempt to lost it, all your assets will go.
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Comments (1)
May 05, 2020
It is amazing wallet that provides many useful feature a and has a clean GUI. The private key is own by you not by Guarda. It has safe place to keep the coins. I find a fees bit expensive comparing with others sites.
