Review on Toast Wallet by Olugbenga Ajayi
Toast wallet is safe
There are many wallets out there for different purposes. While some can keep cryptocurrencies from different blockchain some are single user like daeedalus that is meant for keeping only Ada of cardano blockchain.
Toast wallet is also a single cryptocurrency wallet. This means that it only work with XRP so if you don't own any XRP asset, it is of no use for you.
The wallet was designed to make transaction easier with its native coin. It was designed by Starstone Limited from New Zealand.
The wallet is relatively free so to speak. This is because every user must keep 20 XRP always in the wallet. According to them, it will help to prevent spam transaction. Information has it that the company use this wallet to earn popularity for other XRP related businesses they hoped to launch. Even at startup, one must send 20 XRP to the wallet to begin to use it.
The wallet is safe. There has never been a report of breach intonits security since it was launched. It is also open source and suitable for all Platforms like Android, iOS, windows etc.
Pros
- The interface is easy to use and navigate
- It is free of charge it is non custodial
- Users privacy is maintained
- There customer service is very good
Cons
- It is a single Currency wallet
