Guarda Wallet

Guarda Wallet Review

If you find yourself going through different cryptocurrency wallets, it’s time to stop and finally find secure wallet for your assets. This Guarda wallet review will help you to find out everything there is to know about this multi-platform cryptocurrency wallet.

Even though Guarda is still relatively new and not as well known as such wallets as Ledger Nano X, Trezor Model T or the Binance Wallet, it’s worth giving it a chance.

In this Guarda wallet review, I will take a quick look at the company, provide you all the technical details on the wallet, its pros and cons, usability, and additional features that matter to every crypto enthusiast.

Without further ado, let’s move right into it.

Verdict at a Glance: Guarda is a multi-platform cryptocurrency wallet that offers web, desktop and mobile wallets. Guarda can be synced with Ledger hardware wallet to improve security, it doesn’t store your private keys and is super easy to use. The only problem is that Guarda offers relatively high trading fees.

Pros

  1. Multi-currency support: Guarda Wallet supports a wide range of cryptocurrencies, making it a convenient choice for users who own different types of digital assets.

  2. User-friendly interface: The wallet has a user-friendly interface that is easy to navigate, even for beginners.

  3. Advanced security features: Guarda Wallet uses advanced security measures such as encryption and two-factor authentication to keep user funds safe.

  4. Non-custodial wallet: Guarda Wallet is a non-custodial wallet, which means that users have full control over their private keys and funds.

  5. Cross-platform support: Guarda Wallet is available on multiple platforms, including desktop, mobile, and web.

Cons

  1. Limited customer support: Some users have reported issues with customer support response times, which can be a drawback if you encounter any issues while using the wallet.

  2. No hardware wallet integration: Guarda Wallet does not currently offer integration with hardware wallets, which may be a drawback for users who prefer this type of storage solution.

  3. No fiat currency support: Guarda Wallet does not support fiat currencies, which means that users cannot buy or sell cryptocurrencies within the wallet.

  4. Limited trading features: Guarda Wallet is primarily designed for storage and management of cryptocurrencies, and does not offer advanced trading features like some other wallets.

  5. Limited integration with DeFi platforms: While Guarda Wallet does support some DeFi platforms, its integration is limited compared to some other wallets.

Guarda Wallet Review: The Basics

Guarda wallet was launched only few years ago, in 2017. The group of highly experienced specialists is focusing on creating blockchain-related products ever since then. 

When it comes to Guarda crypto wallet, the main aim was to create a digital wallet that could provide users with complete security, effortless crypto storing and easy asset management. Since the company respects your anonymity, they do not store your backup files, private keys, or any other data that could threaten your security. 

Even though it has been only a few years since the wallet was created, the company has come a long way. At first, they started with a single currency wallet, then added the web version, iOS and Android versions, created a token generator and so much more. 

Guarda Wallet Review: PROS

Just like everyone is used to, I will begin this Guarda wallet review from the positive aspects. I will take a look at technical details regarding security, introduce you to different Guarda wallet versions, provide you with supported coins and even more. 

Since every feature matters when choosing yourself a cryptocurrency wallet, make sure not to miss out on anything. 

Good Security

If you would ask what aspect is the most important when picking a crypto wallet, every specialist (without any exceptions) will tell you that it’s security. While some of you are looking for easy-to-use wallets or options that support the highest amount of coins, none of it matters if your assets can be stolen in the blink of the eye. 

The security of cryptocurrency wallets mostly depends on the type of wallet that you choose. Let me introduce you to each of them to provide a better understanding: 

  • Online wallets. It’s pretty obvious that online wallets tend to be the least secure. While they tend to be really easy to use, it’s not recommended for people who store higher amounts of cryptocurrencies. Online wallets are the most vulnerable for hacking, so you shouldn’t keep an amount that you would be afraid to lose.
  • Software/app wallets. Software or app wallets are the middle option between secure hardware wallets and vulnerable online wallets. They’re usually good for those who are making hourly or daily trades. However, it’s still recommended to keep a good amount of your assets in a hardware wallet.
  • Hardware wallets. As you probably already understand, hardware wallets are one of the most recommended options for people who value security. Since your private key is stored offline, hackers couldn’t access it.
  • Paper wallets. Paper Wallets are considered to be the most secure option. The only drawback is that if you lost it, there’s no way of getting your assets back.

Guarda is a multi-platform cryptocurrency wallet, it has both online and software wallets. Out of the two, I would recommend choosing the Guarda software/app wallet that should be relatively secure. It’s not as reliable as hardware wallets, such as Ledger Nano X or Trezor Model T, though. 

Conclusion

The Exodus wallet is great for people who are new to the cryptocurrency space. It is one of the easiest to use wallets I’ve seen, and it doesn’t confuse its users with complicated extra options. All the wallet’s features are very simple to use with few opportunities to make mistake – that’s echoed by user Exodus wallet reviews, too.

I love Exodus wallet’s customer support options and the fact that the wallet lets you use multiple cryptocurrencies. The built-in access to the Shapeshift exchange is also great for those who want to try trading, but don’t want to risk leaving funds on Bitfinex, Binance, or a similar centralized service.

While there are a few drawbacks to the Exodus wallet, these shouldn’t be an issue for most people who are planning to use the wallet for small, day-to-day transactions. If you’re looking to trade huge amounts of cryptocurrencies, though, it’s best that you take the time and look into Exodus a bit closer.

So, that’s our Exodus wallet review. Now that you understand the software a little better, what do you think? Will you be using it for your day-to-day crypto spends?