Today I bring you a review about the wallet by Freewallet. Is it recommended? Read our article and find out the truth:
Choose one cryptocurrency wallet it's a nightmare for many investors. It’s easy to choose an unprotected service, and in that case, your bitcoin or altcoins are at risk of getting lost. You can’t choose a wallet just because it’s popular or advertised because that doesn’t guarantee that it’s a good wallet.
So how do you choose a safe, reliable and easy-to-use wallet without spending a lot of time on research? The answer is simple. Use Offline wallets Your coins will be 100% under your control, free from any risks. And this involves costs because offline wallets are not free but they are worth it if you have a significant amount of currency.
Well, in this post we will analyze one of the most popular wallets by Freewallet, a wallet that although it supports several currencies, has faced several controversies from its users. So is it worth using? Here's what we are going to find out:
What is Freewallet and how does it work?
Well, Free wallet is a web-based and mobile cryptocurrency wallet app. Launched in 2016 by an Estonian startup; .Despite incredible growth, the European-based wallet provider has experienced some notable news coverage.
First, the company was accused of losing over $8 million worth of Ethereum from its users’ funds. It received a lot of backlash, most of it negative. While Freewallet refuted the rumor, its reputation suffered as a result of the negative…
In contrast, freewallet is a wallet with huge attention from news sources, active customer support and generally good services, Freewallet has reached heights that most wallets can only dream of. Naturally, the company's ability to consistently provide good service is its greatest weapon.
Remaining resilient in times of DDoS attacks and a remarkable support team have also been key to keeping Freewallet as one of the best companies.
>>> Read Also: Top sites to earn cryptocurrencies
Is Freewallet safe?
We consider safety first.
In researching the company, we found that Freewallet has had several issues with its users in the past. There are hundreds of complaints and accusations of fraud about the Freewallet wallet, but there are also hundreds of thousands of positive reviews.
So, is Freewallet reliable and safe or just a scam to steal your coins?
In fact, this issue is still pending today. For security reasons, we do not recommend using the Freewallet wallet at the moment.
Use: Visit our ranking of the best wallets and choose the best and safest one for you.
If you are a Freewallet user, please share your opinion with us in the comments below.
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