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Abuja
1 Level
443 Review
750.75 Karma

Review on Monarch by Amos joseph

Revainrating 4 out of 5

Monarch wallet

Monarch
Being a crypto enthusiast isn't a game play one need to be discreet and well informed on sensitive issues like where to store their bought crypto asset.
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Setting up a well is a difficult task which when not careful enough one can easily loose all their invested capital, it is always advisable to get necessary information on where you're about to store your accumulated asset.
wallet are like your local bank account where you store all your fund.
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With Monarch wallet which is a non custodial wallet this means users are in complete control of their private key, it is required after successful installing the app from either play store or app store to backup your phrase seed locally on external drive.
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Interesting features on Monarch include
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1. Making transaction such as sending and receiving of crypto token to friends and family a P2P transaction wallet.
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2. Support swapping of token directly from the wallet support ERC token swap.
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3. Earning reward distributed to users.
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4. Support payment using bank and credit card.
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Monarch is a recommended wallet supporting multiple coins and token if you're a trader or a holder of multiple crypto asset these wallet is a recommended one to store all your asset in one place.
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Pros
  • A non custodial wallet, always backup generated key phrase seed on external drive.
  • Support sending and receiving crypto token, swapping, earning and easi payment system
  • Recommended wallet with highly recognized partners
  • Low transaction fee on conducting transfer
Cons
  • Monarch wallet non for now