![]() Users who prefer to have full control of their private keys can opt for the Freewallet Lite app, which allows them to generate and store their own private keys. The company has grown significantly and is known for being one of the best-known mobile cryptocurrency wallets in the industry. Overall, while Freewallet has faced controversy in the past, it has since resolved the issues and continues to receive positive reviews. They also have a status page that displays the status of their wallet services for different coins. In terms of customer support, Freewallet offers several means of reaching out for help, including an online contact form and a live chat function. Freewallet accepts major credit cards and supports purchases in EUR and USD. The coins are sent directly to the user's wallet and don't remain on an exchange wallet. The wallet also provides a buying functionality, allowing users to purchase cryptocurrency directly on the app and website. The exchange is done through the Changelly service. They also have an exchange feature that allows users to easily swap coins within the wallet without sending them to an external exchange. Freewallet claims to use advanced security measures such as multi-signature transactions, transaction number limitations, and 2FA fingerprint recognition.įreewallet offers a range of individual coin wallets, as well as a multicurrency wallet that can store up to 30 different coins. ![]() Users are trusting that the wallet developers are trustworthy and follow strict security protocols. It's important to note that while Freewallet is called a wallet, they still control the private keys. Freewallet stores most of its coins in cold storage, which provides added security against hacking. However, it was revealed that the post was misleading, and all users eventually received their funds. In 2017, there was a Reddit post claiming that Freewallet had stolen over $8 million worth of Ethereum. ![]() However, Freewallet has faced controversy in the past, with some users accusing them of stealing funds. The company started in 2016 with a FantomCoin wallet and has since added support for hundreds of coins. It offers a variety of mobile-only wallets for iOS and Android, as well as a web-based wallet. Freewallet is a multicurrency wallet that allows users to store and manage their cryptocurrency on mobile devices. ![]()
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