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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Monarch by LUIS RIVERO R

Revainrating 4 out of 5

Wallet with multiple services

This is a decentralized wallet that supports multiple assets that are easy to use and configure, available for multiple types of use, both for mobile phones and PCs.
-Information about cryptocurrencies and integrated market, in addition to having option of price tracking to know losses / gains.
-Private keys are not stored by third parties, it is you on your device where the information is stored, so this depends on the user and the precautions you take.
In general the philosophy of this project is to create an environment that allows the end user to use multiple services without the need to download or use other applications, so in their roadmap they intend to implement it using third-party services to complement and create a complex Blockchain platform for users with low requirements to applicants of the highest standards.



Pros
  • Available for multiple devices.
  • Rapid integrated decentralized exchange.
  • Visually acceptable.
  • Supports multiple currencies and ERC-20 tokens and others.
  • Possibility of earning interest with some assets.
  • Create payment plans and invoices.  
Cons
  • KYC is required to use some services.
  • Wallet does not have many downloads

Comments (1)

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February 04, 2020
KYC required for Monarch pay, No KYC is required to use the wallet, Although great review this is really a awesome wallet, Robert Beadles president of Monarch wallet always working hard to improve the wallet.