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Vietnam
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167 Review
416.5 Karma

Review on Qbao Network by Danh Huỳnh Ngọc Công

Revainrating 3 out of 5

Qbao Network - A big ecosystem in a small wallet

Qbao Network wallet is a wallet that has many utilities. Users can use it to do many tasks with it as now it is more like an ecosystem. The security and the privacy on the wallet is ensured thanks to the partners. The wallet still has some drawbacks that needs to be address. It will be great in the future I think



Pros
  • - Qbao Network wallet is a lightweight wallet which can be downloaded and set up within a few minutes
  • - Account creation is fast and does not require much information. After setting username and password, users only need to write down the seed phrases to recover their wallet in the future
  • - At the time of writing, the wallet supports more than fifty different crytocurrencies including a few coins and many tokens
  • - Managing, sending and storing cryptocurrencies with this wallet is easy, but it may be a little tricky with the beginners. My advice is that new users should try to press any buttons on the app to understand the features. Gas price for the transactions can be adjusted when you set up transaction information
  • - Inside the wallet, there is a chat app that is quite similar to the popular messenger app but the messages are encrypted to protect the privacy
  • - They also integrated a DApp browser into the wallet; therefore, Qbao becomes an ecosystem with many useful features
  • - Qbao also have many more features such as Token Bank (to earn passive profits), swap exchanges, token calendar, quick news, market price, red pocket and feedback
  • - They hold many events to promote their products and also give their users many good benefits
  • - They have a native token minted during the usage with the wallet and can be exchange for other cryptocurrencies or access the events
  • - There are many smart tools that help to enhance the experience of wallet users
  • - It has established partnership with a lot of companies for marketing and the implemented technologies
  • - Their support can be reached by pressing the in-app button or via email provided on their website
Cons
  • - Currently, it does not support many blockchains while there are more than hundred blockchains in the world
  • - There are a lot of competitors existing on the market such as Trust wallet or Infinito wallet
  • - The wallet does not support many languages and fiat currencies for display so it is hard for users from some countries

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