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Guarda Wallet Review: Is It Safe?

If you value security and the ability to buy, trade, and store digital currencies, Guarda Wallet is a good option. It is a noncustodial software wallet that is open source and multiplatform. This review will demonstrate what Guarda has to offer and compare it to other wallets.

What is Guarda Wallet exactly?

Guarda Wallet launched its first version in 2017 and is an all-in-one wallet that offers security. Guarda is a noncustodial open-source wallet with a high emphasis on privacy. It allows you to access over 400,000 digital assets, and more than 50 blockchains from both mobile and desktop devices. Guarda can be used with any hardware, even though it is a very hot wallet. The wallet also offers a variety of trading and earning opportunities, including crypto-backed loans and staking.

Guarda, a cryptocurrency software wallet, is a good choice for beginners as well as experienced crypto investors. This wallet offers security, a user friendly design, and allows them to keep track of all their assets.

Guarda Wallet Supported Blockchains

Guarda Wallet has support for 45 different Blockchains and tokens that are issued on them. Guarda also supports more than 10,000 crypto tokens that have been created by different projects over the years. It is highly likely that your wallet will support any crypto asset you wish to purchase.

Here are some of these cryptocurrencies Guarda supports:

Guarda Wallet Features

Mobile Wallet

Mobile Guarda wallets can be used on both Android and iOS devices. The mobile Guarda wallet allows users to buy, stake, and exchange services while on the go with fingerprint authentication or face authentication.

MIN. DEPOSIT

$50

EXCL. OFFER

USER RATING

9.8

4.9/5

78% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

MIN. DEPOSIT

$100

EXCL. OFFER

USER RATING

9.7

4.8/5

Trading forex or CFDs on margin involves a high degree of risk and may not be suitable for all investors. There is a possibility that you may suffer a loss equal to or greater than your entire investment.

MIN. DEPOSIT

$250

EXCL. OFFER

USER RATING

9.6

4.5/5

CFDs are complex instruments and involve a high risk of losing money quickly because of the leverage effect. 68% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Guarda Web Wallet

Guarda claims the web wallet is available from any device that has an internet connection. Guarda also states that extensive security work was done to ensure safety. Guarda’s web-based wallet is also able to connect to Ledger’s API. Guarda Multicurrency web wallet can be linked to Ledger devices, which will provide enhanced security and a Guarda signature interface.

Desktop Wallets

These versions are available in both the laptop and desktop versions. They have the same functionality as the Web version. The wallet doesn’t require registration and it isn’t custodial. Guarda claims that the wallet’s operations are anonymous and secure.

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Guarda Wallet Security

Guarda Wallet, despite being one the newest cryptocurrency software wallets, has proven to be one of the most secure. It is equipped with robust security features and is among the most trusted. Guarda security has never been compromised due to its own fault.
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The wallet, which is non-custodial, allows users to have complete control of their private keys. Hackers could not access funds in wallets of users if the wallet provider’s servers are compromised. Users can also enable Face ID verification in the wallet for the mobile app.

Customer Service

If you’ve ever had to use a cryptocurrency wallet, and you experienced problems, then you will know that customer service is difficult to find. Most cases take several days before you get an answer.

Guarda reviews show that the situation is not as bad as it seems. Guarda customer support is extremely helpful and will help you solve any problems you have (if you have any).

Guarda’s customer care team is available to you 24 hours a day.

Guarda Wallet Costs and Fees

Guarda Wallet allows for you to set up fees for cryptocurrency transactions. Fees for wallet transactions vary by network and can be affected by network conditions and how much money you’re willing to pay for a fast transaction.

To send Bitcoin, for instance, you can choose ‘Advanced Options’ and decide how much in network fees you would like to pay. The value of Bitcoin is expressed in satoshis/byte. Your transaction will be more costly, but will settle faster if you increase this number.

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Similar to the above, when you make transactions on Ethereum or another smart-contract-enabled blockchain you can choose how much you’d like to pay for gas fees.

When paying with credit or debit cards, crypto purchases made by Guarda require a relatively high service fee of 5.5%.

Functionality

Guarda Wallet was designed to be a one stop wallet for all crypto enthusiasts. It supports over 50 different blockchains. Guarda is compatible with over 50 blockchains. Once you locate them, you will be able to trade, store, and buy digital currencies right from your wallet.

Through staking, you can also earn interest on the holdings. You can also opt-in to stake many of the coins on the platform. You don’t have to use another trading platform. This makes it an excellent choice if you want to have a lot of functions all in one place.

Conclusion

One of the most popular crypto wallets, Guarda Wallet, enables users to store, buy, trade, swap, stake, and store over 400,000 digital assets all in one place.

The multi-platform wallet is extremely popular among both novice and experienced crypto users due to its user-friendly interface and extensive list of features. Guarda’s customer service is among the best in the cryptocurrency industry.

Although crypto purchase fees may appear prohibitively high, they may be justified given Guarda Wallet’s robust security, excellent customer support, multi-platform approach to crypto asset management, which makes it simple, secure, and easy.

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