Freewallet Software Reviews, Demo & Pricing (2024)

About Freewallet

Freewallet is a cryptocurrency wallet that allows users, worldwide, to buy, store, send, and exchange over 150 cryptocurrencies. Freewallet secure transactions and keep your assets safe with 2fac authentication, fingerprint login, pin code lock capabilities. Send crypto to almost any altcoin address and choose from 4 fee options for transactions. Any transactions between Freewallet users are completely free.

Freewallet Pricing

Free trial:

Not Available

Free version:

Not Available

Freewallet Software Reviews, Demo & Pricing (1)

Freewallet Reviews

Overall Rating

Ratings Breakdown

Secondary Ratings

Ease-of-use

2

Customer Support

1.5

Value for money

2

Functionality

2

1.75/5 out of 4 Reviews

Most Helpful Reviews for Freewallet

4 Reviews

Freewallet Software Reviews, Demo & Pricing (2)

Chanaka

Verified reviewer

Civil Engineering, 51-200 employees

Used weekly for less than 12 months

Review Source: Capterra

This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed September 2021

Best wallet application for a beginner

With the recent cryptocurrency hype, I wanted to buy some cryptocurrencies and store them in a wallet. But after many complex wallet applications, I stumbled upon Freewallet. A simple, yet powerful wallet to store your cryptocurrencies. With the ability to store 100+ coins and supporting 1000+ tokens Freewallet seems like the ultimate option for crypto enthusiastic people. And overall design and execution of the application are good, available on several platforms. Although it has some disadvantages such as being a custodial service and having higher transaction fees considering everything this is a good application.

PROS

Compared with many complex applications, Freewallet was simple and comfortable to use. Additionally, it supports over 100 cryptocurrencies and that’s something many wallets don’t have the luxury of. Also, it supports over 1000 tokens too. So for myself, Freewallet is a lifesaving application. Instant and fee-less transactions within Freewallet are another great advantage in Freewallet application. Most importantly with 2FA, pin code, and fingerprint support, Freewallet is quite secure too. To increase security, user coins are stored in a cold location. Another great feature is the ability to purchase cryptocurrencies straight from the wallet using a credit card.

CONS

Freewallet is a custodial service. Meaning the owners have your private keys. And some complaints have been raised about customer support being aggressive. and having higher Freewallet transaction fees was another issue regarding the Freewallet application.

Reasons for switching to Freewallet

Freewallet was safer and comfortable to use. Also, I wanted to transfer within Freewallet, so I switched to Freewallet to make the transactions without a fee.

Dave

Real Estate, 1 employee

Used daily for less than 6 months

Review Source

This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed September 2023

freewallet is a scam

Absolutely horrible from top to bottom. To get me into a place where I can access my crypto, they keep asking from things. After I provide them with the info. They ask for more. This happens numerous times and they keep asking for more every time. They are crypto thieves.

PROS

There is nothing good about this company.

CONS

They are a scam and wont let me access my crypto

Theo

Computer Software, 2-10 employees

Used weekly for more than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed March 2024

Scammed me for $2000

they have stolen my funds then locked my account. very suspicious

PROS

nothing, they scammed me for $2000 by locking my account

CONS

scammed me for $2000 by locking my account

Olga

Information Technology and Services, 2-10 employees

Used daily for less than 6 months

Review Source

This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed October 2022

Funds stuck in the wallet, the option to send crypto has been disable for more than a week

Worst

PROS

No good memories, as long as my hard-earned money is stuck in that wallet. I see nothing ethical with these people.

CONS

Funds stuck in the wallet, the option to send crypto has been disable for more than a week. The asset is deprecating and they're claiming that they doing an upgrade. It has been more than a week.

Reasons for switching to Freewallet

.

Freewallet Software Reviews, Demo & Pricing (2024)

FAQs

Is Freewallet trustworthy? ›

Freewallet is one of the best known mobile cryptocurrency wallets in the industry. The biggest catch with using Freewallet Crypto wallet is that the company holds your private keys, similar to the way a cryptocurrency exchange holds your private keys.

Does Freewallet have fees? ›

About Freewallet

Send crypto to almost any altcoin address and choose from 4 fee options for transactions. Any transactions between Freewallet users are completely free.

Can you withdraw money from Freewallet? ›

Navigate to Withdrawal Section: Once logged in, locate the withdrawal option within your Freewallet dashboard. This option is typically found in the settings or account management section. Select the Cryptocurrency to Withdraw: Choose the cryptocurrency you want to withdraw from your Freewallet account.

What are the cons of software wallets? ›

Cons. Lack of Security. Software wallets can be vulnerable to hacking attacks and phishing scams. This is because they need an internet connection in order to operate.

Who is the owner of Freewallet? ›

Founders and Board of Directors of Freewallet

Alvin Hagg, Founder & CEO, is a founder of 1 company.

Can I use Freewallet without verification? ›

To be sure that nobody has unauthorized access to the users account, We ask to provide all necessary information for verification, including without limitation an ID, photo, screenshots showing the source of all your incoming transactions etc.

Where is Freewallet located? ›

Where is Freewallet 's headquarters? Freewallet is located in Hong Kong, Hong Kong Island, Hong Kong . Who are Freewallet 's competitors? Alternatives and possible competitors to Freewallet may include trezor , Hippo Wallet , and Cryptobiz Exchange .

Where is Freewallet location? ›

About Freewallet

Freewallet's services are accessible via web and mobile applications, featuring user-friendly interfaces, security measures like cold storage, and support for multiple languages. It is based in Hong Kong, Hong Kong.

Is Freewallet non custodial? ›

One of the notable examples is Freewallet, a custodial wallet crypto solution that helped users save around $500K in terms of network fees in 2019.

How does freewallet work? ›

Simple. With FreeWallet, your passphrase is literally your wallet, and all of your addresses and keys are generated on-the-fly when you log in. There are no wallet files to backup or secure, and using your passphrase you can access your wallet from any trusted machine with a web browser.

What coins does Freewallet support? ›

Freewallet allows users to easily buy cryptocurrencies with any credit card (VISA or Mastercard) and send crypto to other wallets at no cost. Freewallet supports all popular coins such as Bitcoin, Etherum, Monero, DogeCoin, Tether, Ripple, and more.

Does Freewallet have an app? ›

Since Crypto Blockchain Wallet by Freewallet contains a great deal of private information, the app offers important security features, like fingerprint identification, two-factor authentication, PIN code blocking, email confirmation for each transaction, and daily and weekly transactions limits.

Can a software wallet be hacked? ›

Software wallets, for instance, are convenient and easily accessible but are potentially susceptible to hacking attacks, especially if users do not employ robust security measures such as two-factor authentication and encryption.

What is the safest digital wallet? ›

5 Best Digital Wallets Apps in 2024
  • Apple Pay - Best for iOS.
  • Google Pay- Compatible with Both Android & iOS.
  • Cash App - Beginner-Friendly Stock Trading App.
  • Venmo - Ideal for Peer-to-Peer Payment Network.
  • PayPal - Ideal for Quick Transactions.
  • Conclusion!
  • Build your digital wallet app with VLink!
  • FAQs–

What is the most trustworthy crypto wallet? ›

Crypto.com DeFi Wallet and Zengo Wallet are two of the highest-rated hot wallets. Ledger earns top marks among cold wallets.

What is the most trustable crypto wallet? ›

The best software wallets
  • Coinbase Wallet. Best for Beginners. ...
  • MetaMask. Best for Ethereum. ...
  • Guarda. Best for cryptocurrency selection. ...
  • Crypto.com DeFi Wallet. Best for DeFi staking. ...
  • Trust Wallet. Best for Binance and Binance.US users. ...
  • Exodus. Best for customer support. ...
  • ZenGo. Best for easy account recovery. ...
  • Ledger.

What is the safest crypto wallet in the world? ›

As of the latest update in January 2024, ten renowned crypto wallets include:
  • Ledger Nano X — The top choice for hardware wallets, offering exceptional security and support for over 5,500 crypto assets. ...
  • Coinbase Wallet — Ideal for beginners, this wallet is easy to use and backed by a leading crypto exchange.
Feb 13, 2024

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