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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Lumi Wallet by Killer Bean

Revainrating 2 out of 5

Lumi wallet is not for Android.....

Lumi wallet is a wallet supporting various cryptocurrencies and assets(bitcoins, ethereum, and some ERC-20 tokens). What did I enjoy while using this wallet? This wallet offered me an efficient and easy to use interface. It was launched in 2017, it hasn't gathered much experience like other old pre-existing wallets. It is a non-custodial wallet, offering me full access to my entire funds. Lumi wallet actually doesn't joke with it security, allowing users to confident put their trust in them. While i was using this wallet, I didn't enjoy the fact that a supposedly great wallet supported only bitcoins and a few other tokens. This means this wallet is not for every trader and investor. To make storing of coins easier for me, I opted for the mobile application. Prior to the time I got the wallet, it didn't support Android devices not until recently when it started to do so. To be honest, Lumi wasn't the kind of wallet i expected it to be. Though signing up was an easy process and the overall interface was very appealing, Lumi wallet contains some bugs which I hope gets removed before they lose their users. The mobile application doesn't do well on every Android device, to confirm this, I tested it out on two different mobile phones (Samsung and Infinix) but i got the same results, the app hangs a lot! Transactions here are usually uncompleted or hang along the course of transactions, though it shows "Transactions successful" in my account. The network connection of the app is even poor, even when I connect to a network or a data source, it still tells me "network unavailable". I won't say this wallet is bad but it just isn't compatible with Android devices



Pros
  • It is said to be working on Android and IOS devices
  • It is a non-custodial wallet
  • It is a security-conscious wallet
  • It has a nice user interface coupled with its intuitive design
Cons
  • The mobile application isn't totally compatible with Android
  • The mobile application contains bugs
  • The transaction speed isn't fast at all
  • The network connection is very weak

Comments (2)

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December 13, 2020
Thanks for your comment, I have actually increased my transaction fees and I have since enjoyed fast transactions, I'm just waiting for a month so that I can update the review. I just wish the bugs were cleared!
December 13, 2020
The reason to why the transaction is not fast on your phone is probably because of the gas fees that you have toggled and set. The lesser the fees, the slower the transaction. As for the bugs, I sincerely agree with you. The app do hangs a lot.