Review on Pakcoin E-Wallet by Benaiah A. Akinlade
Pakcoin E-wallet: Pakcoin's very own crypto purse
Different crypto exchanges have developed different ways to ensure that they keep their customers glued to their platforms. Development of crypto wallets have long been a trademark of cryptocurrency developers as this is a method to ensure that you don’t look to other developers before you hold your purchased tokens.
Pakcoin e-wallet is one of the solutions provided by Pakcoin developers to ensure that everything related to Pakcoin stays in Pakistan. Pakcoin e-wallet is the official wallet for Pakcoin token. You can make transactions like sending and receiving PAK tokens in the wallet. If you reside in Pakistan, you can make airtime purchases for making calls at a discounted rate. There is also the availability and integration of holding fiat currencies on the wallet.
You can stake and mine PAK on the wallet while holding of Pakcoin on the wallet also increases your earnings.
Account registration for the e-wallet is relatively not tedious as you are required to fill just a few number of information to open the wallet such as Username, Password and Email Address. Using 2-Factor Authentication is optional for using the wallet.
Pros
- The e-wallet has a simple User Interface and this makes the wallet easy to use and User friendly.
- You can access your wallet from any device.
- The wallet also gives discounts to users that patronizes some services such as call airtime purchase.
- The wallet is available in desktop and mobile (Android) versions
- The wallet is very simple to set up
- The availability of 2FA makes the wallet secure
- The wallet is open source
- The wallet allows token staking and rewards holders of the PAK token
Cons
- The wallet does not have many fascinating features
- The wallet does not consume a lot of storage space
- The website is not very informative
