Review on Monarch by Paul Maduagwu
Monarch is focused on non-custodial investment.
Monarch wallet is a multi-cryptocurrency, non-custodial wallet. It is available for major mobile operating systems and desktop Windows and Mac OS. The wallet offers a form of staking which they call interest accounts. Users can deposit an amount of a specified cryptocurrency and get interest, at a specific rate. Each coin has a different interest rate.
The wallet supports many coins, including all ERC20 tokens. Much of those coins too are available for earning interest for holding on Monarch. The user experience is good enough but the user interface is what i am not much of a fan of. The wallet has a 4/5 rating on google play store with over 50k installs so its trusted by a good number of people.
Pros
- Available on mobile IOS and android, desktop Windows and Mac OS.
- Multicryptocurrency wallet.
- Supports ERC20 tokens.
- Exchange support.
- Buy and sell cryptocurrency.
Cons
- No linux support.
- I'm not a fan of the User Interface.
- 5.0 minimum android version (people with 4.3 or older version phones wont be able to use this wallet).
