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Freewallet Review

7.5

Secure Wallet

7.0/10

Easy To Setup

7.5/10

Support

8.0/10

Pros

Cons

  • Open Source Not Support

The company was founded in January 2016 in Tallinn, Estonia. The goal from day one was to develop apps that allow users to familiarize themselves with popular cryptocurrencies, without having to delve into specific technical features and complex settings. Freewallet was the first company to release Bitcoin Cash (BCH), Bitcoin Gold (BTG) and Tron (TRX) wallets for Android.

What Is Freewallet

Freewallet is a company that has developed a range of digital currency wallets with a built-in exchange for the web, iOS and Android devices capable of holding 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, and Bytecoin in one place. The Freewallet family includes Multiwallet (iOS, Android, and web version), 30 individual wallets each tailored to a specific coin, and Freewallet Lite (HD-wallet on iOS and Android).

Freewallet Review want to make the benefits of blockchain available to as many people from as many places as possible. That’s why we offer our apps in 13 different languages and have worked painstakingly to ensure that our interface is top-notch and user friendly.

Freewallet Key Details

KeyDetails
Vendor Name Freewallet
Supported Currency N/A
Wallet Features Hierarchical Deterministic,Multi-Signature
Platforms (Android ) (IOS)
Validation Type Centralized
Ease of UseEasy
Anonymity High
Wallet HQ LocationN/A
Listed At Altwow 27/07/2020
Official Wallet Website Click Here To Visit Wallet Website

How To Install Freewallet?

Freewallet Wallet Step 1

First Download Coinomi Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Ethos Wallet Website.

Freewallet Step 2

Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.

Freewallet Step 3

Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .

Freewallet Step 4

Many Wallet Offer Private Key Features. If Kriptomat Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.

Freewallet Step 5

Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.

Values

They team consists of 70 people that are very passionate about what they are doing. We read every review they get and use all of them to adjust the roadmap to our users’ expectations. Our core values:

Freewallet is a business

The development was initially financed by a group of private investors. We bring a great product to our users, but we always measure our features with reality and consider how our actions may affect revenue flow.

We support freedom

Freewallet support anonymity and have a decentralized vision of the future. However, above all, we support freedom of choice. The more options that consumers and businesses have, be they in the form of a decentralized or centralized system, the better.

Reputation is important

As a company, they are heavily investing in customer support and the ongoing development. They are not perfect, but we have never put our reputation in jeopardy on purpose. They are making cryptocurrency easy for beginners, experienced miners, and respectful hodlers.

Why Freewallet?

Freewallet is a guide to the crypto world created to simplify crypto specifics and make access to coins easier. The Freewallet Family includes dedicated wallets for 100+ popular cryptocurrencies available on Android and iOS, as well as a Multi-currency wallet app with a web interface.

  1. Built-in exchange for 100+ different cryptocurrencies
  2. Multi signature confirmation for each transaction
  3. Instant and fee-free transactions within Freewallet
  4. Limits per day/week to help minimize the risk of theft
  5. Purchase via credit card
  6. Coins are held in a cold storage
  7. Interface translated into 13 languages
  8. 2FA, pin-code and Fingerprint support

Freewallet: Crypto Wallet

A perfect place to send, store and manage your cryptocurrency portfolio:

  • BTC, ETH and 100+ other cryptocurrencies in one wallet available as an Android, iOS and web app.
  • Free transfers between Freewallet users.
  • Range of 4 Bitcoin transaction fees for fast or cheap transfers.
  • Top up mobile phone from your wallet.
  • Buy BTC, BCH, ETH, XRP, XLM, BNB, TRX and LTC using VISA or MasterCard. We also accept all major credit and debit cards, and some pre-paid and virtual cards.

What customers are saying about us

Since we launched our first wallet in 2016, the number of Freewallet users has risen to 3,000,000+. We’ve been supporting them for all these years and doing everything we can to improve their crypto experience. We care, that’s why they love us.

Bitcoin, Ethereum, Zcash wallets and many more

Not a fan of complex multi-currency products? Try any of our single-currency apps for authentic mobile experience.

How To Secure Your Freewallet?

There Are A Number Of Ways To Keep The “Bad Guys” Away From Freewallet . And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.

Step 1 : Store Your Token Pocket Wallet Private Keys Offline: Print Them Out On Paper

The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:

The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.

Step 2 : Setup Second Step Verification

Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Wallet Or Make Transfers.

We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The Coinomi Wallet Offers To Activate 2fa Already At The Registration Stage.

Step 3 : Create A Strong Password For Your Coinomi Wallet

If You Decide To Use A Web Wallet, Which Is Recommended Only For Small Transactions, Always Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.

Step 4 : Learn To Recognize Phishing Sites

Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.

The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.

Step 5 : Don’t Click On Links In Emails

Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like [email protected] Instead Of The Present [email protected] These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.

This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:

Step 6 : Install Or Use Trusted Antivirus

The First Thing You Should Do After Installing A Freewallet Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.

Step 7 : Never Disclose Your Private Keys

Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases

Final Thought

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