Review on Lumi Collect by Pedro O. Alvino M.
A wallet focused on security
Lumi wallet a wallet focused on user security so that it provides anonymous functions in which it does not practice any identity or transaction link and does not track the IP and does not store the data on the servers. In addition to the private keys are not stored on servers but more than on the device.
It is also designed with the function of not overconsuming the mobile battery and reducing the use of data, in which it is also very easy to make transactions within the wallet, however the wallet lacks several cryptocurrencies in the market so which is limited in that area and is only applied for mobile versions
Pros
- Simple and designed interface with the ease of making transactions with just one click
- Store most of the assets cold
- Supports a dapp browser in the wallet
- Contains an Exchange inside the wallet (changelly) capable of changing currencies quickly
- You can buy cryptocurrencies inside your wallet with a credit card
- Private keys are saved only on the device
- Designed to consume a low percentage of energy and internet data
Cons
- At the moment its download rate in the Android version is very low
- Supports few cryptocurrencies in the market
- It does not have PC versions
