Review on Monarch by Maximiliano Aquino
Monarch wallet
Monarch wallet is a multi-wallet that supports multiple currencies and tokens with a very simple interface but with many fundamental features, such as the ability to exchange your currencies directly on the exchange within the wallet, or even make payments and receipts online, essential for merchants , it also has a portfolio manager which helps the user to control his entire investment. Monarch is a very promising portfolio, its rates are very pleasant. To create the wallet that supports both android and ios, just a few minutes, I did the installation in less than three minutes, just download and follow the steps to create the wallet, it is essential to keep the words of seeds, this is an interesting point since within the wallet the app gives you the possibility to send your recovery words to an email, making it much easier for the user to save your words quickly and safely. I recommend it and as I will be using the wallet in the future I will be updating my feedback regarding it, for now a good option for free cryptocurrency wallet for mobile phone without a doubt.
Pros
- Low transaction fees
- support for multiple currencies
- several important features that make the wallet efficient and very practical
Cons
- the exchange is managed on the eth network, which forces the user to have a constant eth balance in order to use it, which limits this resource a lot
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Comments (2)
March 07, 2021
it is a good portfolio with several currency options, but it is still linked to very high transaction fees, practically impossible to be used by that small user, as the fees do not compensate in relation to the amount of assets they have.
November 10, 2020
This crypto wallet is very easy even for the newbies. It has high security measures that it putting in place that makes it secure. In my opinion too, the wallet is a very good wallet. Transaction is also fast on the wallet
