Review on Lumi Wallet by Tibisay Alvarez
Lumi Wallet
Lumi is a multi wallet that allows both the storage, deposits and withdrawals and the exchange of cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, EOS and more than 1200 ERC20 tokens with Visa and MasterCard credit cards.
The wallet started in 2017 with only support for Bitcoin, but little by little it was incorporating more and more tokens. It has high-level security, leaving the user in total control of managing their private keys. It is an open source wallet, and features a user friendly interface for newbies and great features for expert users. The user has the option that their transactions are completely confidential since it is not necessary to provide any personal information and it is not necessary to register if they so wish.
Speaking of its exchange service, it offers more than 100 pairs with fixed exchange rates, the fees are relatively low but compared to other sites it is not so much.
Pros
- Multiple tokens available
- Introduces exchange services with fixed rates and more than 100 pairs available
- It has its web version, in addition to an Android and iOS mobile application
- Privacy option.
- Quality technical support
Cons
- Its fixed exchange rate is 1% of the amount traded, it is worth noting that on an exchange platform this rate can be 0.15% or less.
