Review on LykkeWallet by Joseph Bello
Lykke wallet
Lykke wallet is a multi crypto currency and flat currency wallet that connects the traditional and virtual finance system. It is a crypto wallet that gives traders the opportunity to store up there within their proximity since its a mobile app wallet hence Lykke wallet users can receive funds,send funds ,make payments with their wallet and even store up flat currencies through wired transfer at any instant time. Aside the storage service Lykke wallet provides an extra service which is the inbuilt exchange platform with which you can purchased and sell of your off your virtual assets,but I don't accept the idea of trading my funds via Lykke wallet's inbuilt exchange because the fees for the exchange trade is damn too high most especially for an average trader with very littlecapital investment. The wallet has achieved a lot with the integration of flat currencies options to its usages but another downside of the wallet is that the information's provided on their site is few and even the registration procedure weren't so fast and quick.
Pros
- It creates a bridge between the digital and traditional financial system
- It is a multi currency wallet
- It is quite easy to use
- It has an inbuilt exchange
Cons
- The registration was was a bit stressful.
- Little information is provide about the wallet on its site.
- KYC verification is important .
- Exchange fees are high.
