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SimpleHold Wallet Review

SimpleHold wallet logo

Our Review

SimpleHold Wallet Review

SimpleHold Wallet Review

In this SimpleHold wallet review, we take a look at the SimpleHold Mobile App. SimpleHold is a self-custody wallet created by the team behind SimpleSwap, a fast crypto exchange for swapping between crypto and fiat currencies. Just like the wallet’s name surgest the wallet is very simple. But in a positive way! So no unnecessary bells and whistles. SimpleHold makes your crypto experience very smooth and easy to understand. This way the team brings itself to the top of wallets for new users and NFT fans alike. We believe that SimpleHold will be one of the wallets that will push for Web3.0 adoption in the future. Especially as their wallet develops into the future, with more features and a growing crypto ecosystem.

Check out the SimpleHold website here.

So let’s now take a closer look at our SimpleHold wallet review!

How to use SimpleHold

When starting with SimpleHold wallet. You will enter a small tour first. This will tell you about what kind of wallet it is and introduces their support service. From there on you go into the wallet to create or import your crypto wallet. And really start using blockchain. You set your password and passcode for the wallet. So you are all secure and ready to go. 

Once your through this you can add extra tokens and blockchains to the wallet. So you can enjoy all the best networks for the web 3.0. 

If you are completly new to crypto and do not have any crypto funds. You can add some by swapping your USD or Euros to Bitcoin by using SimpleSwap. Or if you already have some on an exchange you can just withdrawl it to the wallet. And start taking full control of your finacials.

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Design

The wallet has a Simple-to-understand look with 3 pages. A support page, wallet/balance page, and a settings page. This is slightly different on the web extension but with a similar look. Plus on the web version, you can find your collectibles as well.

On the second page (your wallet page) you find your different wallets for tokens and coins. If you click on one of them the will show more information about them. Like a send and receive button but also a button that brings you to your transaction history. Adding a new wallet or token is also easily done on the wallet page. You can create either a new address or import your old one with the use of your private key.

Then we have the support page which speaks for itself. But to keep it quick, it is a chat-like page where you can directly speak to their support team. On the third page, is the settings page. We find some links, documents, and the option to change passport, etc. Not too many features for customization but it comes with all the things you need. 

Storage and Private Keys in SimpleHold

SimpleHold wallet as a company does not hold your private key when you use their wallet. No, the keys are all stored on your device. But don’t worry they are encrypted by your password within the wallet. However, you need to make a backup to ensure the safety of your crypto funds. As SimpleHold can not and will not be responsible for your assets. 

If you are still new to crypto and want to learn more about how self custody works feel free to ask us or SimpleHold about it. 

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NFT storage place and gallery

One of the best features (in our opinion) of the SimpleHold wallet is, is their NFT tab (on the web wallet). Here the wallet will automatically detect your NFTs and display them for your entertainment. As NFTs are still new and the use cases for them are still a bit in the exploration stage, a gallery for them is what we really like to see. So your NFTs become more than just a line of code on the blockchain. 

Although their wallet is mostly meant for hodlers prioritizing security and simplicity. Blockchain gamers can also use this wallet to show their NFTs and (soon) also connect to their favorite blockchain games. 

SimpleSwap

SimpleSwap is a service made by the same team that made SimpleHold wallet. They have made the cryptocurrency exchange process simple (like the name), safe, and easy to understand. With SimpleSwap you can swap between currencies with ease. Just like with some DEXes like UniSwap and PancakeSwap, you do not need an account but only a crypto wallet. However, a DEX is usually liked to one blockchain but with SimpleSwap you can also Swap between different blockchains and different fiat currencies. 

Their swapping services are available on the web but also as a mobile application for iOS and Android. You can try it out on a device of your choice but the swapping service will soon also be integrated into the SimpleHold wallet. Giving it some extra utility for its users. Especially those that do not own any crypto yet.

Is SimpleHold wallet safe?

Yes, the SimpleHold wallet is totally safe. Like always we have tested the wallet for some time and have not encountered any security risks. The wallet is easy to understand and has all the security features you expect them to have.

But you should keep in mind that the wallet is a non-custodial wallet. That means that you hold the private keys (encrypted) on your device. So only you hold the true responsibility for your crypto. Making a backup for your coins is thus of uttermost importance. Because the SimpleHold team can not bring them back for you if you lose your wallet and backup. So always make a copy!

If you want to secure your wallet even more you could link your hardware wallet to SimpleHold. But also download a good virus scanner on your device. To protect you when using the internet. Having a VPN and a good virus scanner can protect you from all sorts of online threats. And also make your crypto more secure. 

SimpleHold Fees

So an important question is, do you pay Fees for using the SimpleHold wallet? NOPE! You do not. This is great for all crypto users. As you do not want to be controlled by a fee model, made by a company. Especially if it would control your assets. Luckily SimpleHold does neither. 

Their earnings come more from their application side. Like their SimpleSwap service. And potentially other Apps in the future. This shows their greater interest in the crypto space as they provide a great wallet service basically for free. If you like (their) free wallet you can support them by using SimpleSwap. So their service for both swapping and storing crypto can prosper. 

SimpleHold support 

A good crypto wallet should not hold back on its support. Especially if it is a wallet that draws in beginners. Luckily SimpleHold has a built-in support service on the first tab of the wallet. This way, help is easily accessible and can not be missed by those in need. On top of that their service is rater quick with a response usually under 10 minutes. 

We asked their support several questions under multiple different names to check out how good they are. And we were overall very satisfied with their service. With fast and clear answers but when our questions got a bit more complicated, they also needed some extra time to sometimes check things. A small improvement on this could be made but they always came back with the answers sooner or later making them still perform better and faster than most of the wallet’s customer service out there. 

If you have a question for their team you could always try to go for their customer service. But before you go ask their staff or through the app or their social medial channels. You should check out their help/FAQ page. Here you can find already many pre-answered questions you might have. This makes it easier for both you and their staff. So they can focus on more urgent matters. 

Just in case you have a question for their support? You can best contact them from within the wallet.

The future of SimpleHold

Like we said before SimpleHold has many plans for the future. As the wallet is still new it is not at its final stage yet. Instead, they focus on adding new features over time and making sure that the implemented features are working well and secure. Yet, their development is going rapidly and wallet connect should be implemented any day now within the wallet. This will open the world of Dapps to all the users of their wallet. This will be followed by some integrations of popular Dapps within the wallet, making them more accessible for everyone. 

On top of that, they plan on giving more financial freedom to their users by letting them earn interest on their crypto through staking. For anyone holding proof of stake type tokens/coins, this will be very beneficial. As you can then participate in the governance of that blockchain while also earning a passive income. 

We are sure that SimpleHold will also add more exciting features in the future and roll them out to both web and mobile wallets. But some features might be available on the web version before the mobile as we currently see with their NFT gallery. 

Download SimpleHold

If you like what you have read today, you can download SimpleHold for both Android, IOS, and Web extensions. You can find them all by clicking here. If you do end up downloading it, please let us know your opinion about it on our review page. And now let’s look at some features, pros, and cons down below.

Features

When It comes to extra features (besides sending and receiving crypto) SimpleHold wallet offers the following.

    • Swap with SimpleSwap (soon to be built-in)
    • Multiple blockchains addresses (also for the same blockchain)
    • Secured by password and personal code
    • Easy layout for beginners

Pros and Cons

Pro’s

Strong and simple to understand design

Active team with good upgrade plans for the future

Fast responding support service

Support for many blockchains and sidechains

Con’s

The wallet has not too many features for now (but the team plans on adding more in the near future)

Improvements

Like every other Wallet out there, the SimpleHold wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

We want to say that the SimpleHold wallet is a great wallet for users that like security and simplicity. But like any other wallet, we see some room for improvement. In the case of their wallet mostly in extra features and perhaps some extra blockchain integrations. 

When it comes to both mobile and the web wallet we would love to see some options for personalizations like a light and dark mode and/or an avatar feature. Especially with the NFT gallery, this would be great to have an NFT avatar/profile picture in the wallet.

Besides that, we often see that many wallets focus on the new and exiting layer 1 blockchains but do not always integrate the sidechains for both Bitcoin and Ethereum that fast. So what we would really love to see is some integration of layer 2’s like Arbitrum and Optimism. But also Bitcoin (smart contract) layer 2’s like Stacks, DefiChain, and the Lightning Network. 

We think that with the design of their wallet and these extra features the wallet would massively boost the user experience of these chains. And push the ecosystem altogether 1 step closer to mass adoption.

Conclusion

The SimpleHold web and mobile wallet both seem like great wallets with even more potential for the future. Although some upgrades to the wallet could be made their progress as a wallet is on track. And we expect them to become even better in the future. They currently focus on users that prioritize security and simplicity. But we believe that they have the potential to grab a much larger share of crypto users. Once NFTs and wallet connect are both live on the web and mobile wallet. 

The design of the wallet is overall very relaxed and gives you a chill experience when using it for your daily transactions or for just checking how your portfolio is doing. We will keep a close eye on how their wallet will develop in the future and will make some updates to this review down below in case we deem it necessary. 

For now, if you haven’t yet. Try out the SimpleHold wallet to see if you agree with our review. In case you don’t agree, feel free to leave a review on our SimpleHold wallet page

The rating 

SimpleHold performs perfectly and meets all the requirements of a good multi-chain wallet for any crypto user. So we decided to give the SimpleHold wallet a 4,-6 star rating out of 5 stars. Leaving some space for their upcoming new features. But with already a great crypto product that we ourselves like to use on a regular basis. 

We were very happy testing out the SimpleHold wallet over the last few weeks and definitely believe that SimpleHold will rank 5 stars in the future. As their new features roll out for both mobile and web wallets. 

Keep in mind that here at Yada we do not give financial advice or advice on which crypto wallet to use. However, we do share our opinion, and we believe that the SimpleHold wallet and the SimpleSwap service are recommendable for all crypto users around the world!

We really want to wish the best to the SimpleHold and SimpleSwap team, and its users alike. We hope this SimpleHold wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our SimpleHold wallet review. In case you do not agree with our SimpleHold wallet review? You can test it out yourself and write your own SimpleHold wallet review on our website today! And also don’t forget to check out what other people think about the SimpleHold wallet.

Extra note: As always check the date and the update of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Our other reviews:

Check out all our other wallet reviews here!

Here we have reviews for many great and not-so-great wallets.

Also check out our:

FAQ

How to withdrawal from SimpleHold?

Withdrawing from the wallet is like its name, simple. Just press the “send” button, select the amount you want to send/withdraw, and then choose the address to who you want to send it. This works the same for every blockchain you have on your wallet. 

Is SimpleHold active on social media?

You can find them on multiple channels. Here you can follow any updates regarding the wallet and any cool promotions they may do at the time.

Can I use SimpleHold for crypto trading?

Yes! If you want to trade from within their wallet that is totally possible. You can do it by using the SimpleSwap feature. But in the future, they will also allow other options for doing so with DEXes, etc. 

Can I import my Metamask wallet into SimpleHold?

Yes, you can! As long as you have a private key for that wallet you can import it into SimpeHold. This goes not only for a Metamask wallet but also for Bitcoin wallets and wallets for all blockchains that they support. So if you want to go from Trustwallet or Exodus, it is all possible. 

What are the SimpleHold wallet limits?

There are no wallet limits with SimpleHold. Because the wallet is non-custodial you are in full control of your crypto. So no one puts a limit on you. Or your funds. So if you want to sen 0.01$ or 1,000,000$ over the blockchain. That is all up to you. 

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Breez Wallet Review

Breez wallet logo

Our Review

Breez Wallet Review

Breez Wallet Review

As the Bitcoin lightning network is growing exponentially we like to review some of the most promising lightning network wallets. That’s why in this Breez wallet review we take a look at the Breez wallet and its special features. Breez is a complete non-custodial lightning wallet with features for all sorts of Bitcoin users. Including Podcast 2.0 and a merchants tool. 

For all users of Bitcoin that like to stay in control and keep their privacy Breez Could be the wallet for you. Especially if you plan on accepting payments as a merchant, using the Bitcoin lightning network. 

Breez is one of the great Bitcoin lightning wallets that push adoption of the technology while also creating a better, smoother experience for their users.

Check out the Breez website here.

So let’s now take a closer look at our Breez wallet review!

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How to use Breez

To start using Breez wallet we will first need to do a small set-up. It’s not much but as Breez works as a non-custodial wallet we will need to make a backup. This way you will not lose your funds by mistake. For those that don’t already know “non-custodial” means that not Breez or any other party has access to your funds. Only you hold that access making it not possible for them to restore your funds.  

Your backup with Breez is not like a normal private key or a 12-word phrase. But rater a cloud back up to your google drive. This way you can always retrieve your wallet by just logging into your account. If you want you can also put extra encryption over this backup so that it is even more protected. 

Now that you have made your backup you need to add some funds to Breez. To receive funds over the lightning network Breez needs to open a lightning channel to you. This they do automatically when you send funds from one wallet to your new Breez wallet. But it comes with a one-time setup cost of 0.4% with a minimum of 2000 Sats. Breez will keep this channel open for at least a month and longer if it stays active. 

Learn more about inbound liquidity here!

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Design

Breez wallet has a design that is optimized for using the lightning network for merchants, podcasts, and other lightning apps. On the first page, the main wallet page we find our standard send, receive and scan QR-code options to spend our balance. Clicking either of these gives us the option to send or receive and to buy Bitcoin. 

On the top left corner of the wallet, we find a small wallet icon. If we click this we open the menu. Here we have 5 tabs, the Balance, Podcasts, Point of Sale, Apps, and Preferences tabs. 

On the Podcast tab, we find access to podcasting 2.0. Here you can find new podcasts and also pay them Sats by giving them a boost or by streaming Sats to the podcaster. Making it so that the longer you listen the more you donate to them. 

Then on the third tab, we have the point of sale feature. Here you have some extras for merchants. Making it easier to sell products using the lightning network. More on this later.

Then in apps, we find, well apps for the lightning network including apps like Bitrefill, LNpizza, Boltz, and many more. The last tab “preferences” gives us the option to make some small changes to the wallet. Like changing the Bitcoin node it connects to, or the fiat currencies that we see. In case you want to change from light to dark mode. You can do so as well at the top of the menu. Here you can also change the wallet’s icon and name for your personal or business use. 

 

Storage and Private Keys in Breez

Creating a backup with Breez is as simple as it can be. Although if you have been using other custodial lightning wallets or a regular Bitcoin wallet it can be a bit confusing at first. To not go into the technicals too much. With Breez you can make a backup in the cloud. Google could be precise. When you start using the wallet you will have a pop-up telling you to create a backup till you do so or you tell it to stop asking. This backup is stored in Google drive. So that you can always get back to it in case you lost your device etc. 

But if you do not trust Google enough to not steal your data, do not worry. You are not alone. That’s why with Breez you can also put extra encryption over the backup. That you can decrypt with a 12-word phrase you receive in the Breez app when making the backup.

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Lightning wallet for merchants

Not only does Breez support features for the individual that likes self custody. They also provide a great feature for merchants that want to accept Bitcoin payments. The POS (point of sale) features give merchants a tab with a calculator and the options to add prices for products. This way they can easily add together the prices of purchase and click “charge” to create a payable QR-code for the customer. 

The merchant has here to option to display the prices in any currency they want. So if a product costs 1 Euro. The app will just charge the customer 1 Euro in Satoshis at the current Bitcoin price. Making it super easy to receive the amount they want to be dominated in the currency they want. But still receiving Sats and the customer still paying in Sats. 

Podcasting 2.0

The Breez wallet has unique a podcasting 2.0 tab. Here you can participate in the Podcasting 2.0 ecosystem and support podcasters using lightning. In the podcast section, you can search for and listen to a variety of podcasts. These podcasts have more freedom as they do not need to depend on an advertisement platform. With Podcasting 2.0 the listeners have the option to support their favorite podcast by paying them micro-donations.

These micropayments can be either paid at once or streamed to a podcaster. So let’s say you are listening to a podcast in the Breez app, you can select either the”boost” button or put in a Sats/min amount. The boost will pay a one-time payment to the podcaster whereas the Sats/min will stream the payment to the podcaster. Making you pay for the time you watched. For now, you can also put this amount at 0, making it essentially free. But if you want to support them you can put in any amount you want.

Breez Fees

Breez’s main business model comes from being a Lightning Service Provider (LSP). This means they provide you with certain services and you pay a fee for them. These fees are small and sometimes happen in the background. As an LSP Breez charges basically 3 types of fees

The first one is Routing fees. You only pay this when routing a payment through the Breez node and had a 1 sat base fee in most cases. So you will probably not even notice this as it is so low.

Then there is the Set up (channel creation) fee. Like we mentioned before. This will cost between 2000 Sats and 0.4% of the incoming payment. But you will not have to pay for this every time. 

And last is streaming Sats to a podcast. This will cost you a maximum of 5% of the amount. Making it worth it for Breez as a podcasting platform provider.

Breez support 

Breez as a wallet can be a little bit complicated if you use a wallet like this for the first time. But you will get the hang of it quite quickly. Because of this, we think quick support and help from their team is needed and Breez just seems to do that perfectly. We have contacted them several times over the weeks to learn some things we didn’t fully understand and also to see how their response was. And we are happy to say it was super, super fast. Especially on Telegram were when we would ask a question in the group. Someone from Breez would respond to us almost always within 1 minute. Give us helpful information or learn full articles to help us get going.  

As a wallet support service, Breez definitely makes it to the top of the list with the fastest responses we have seen so far. 

Before you go asking their staff or Telegram members, you should definitely check out their Github help/FAQ page. Here you can find almost all of the questions you could have already pre answered. This makes it both easier for you and their staff. So they can focus on more urgent matters. And you can learn as much as you want by yourself. Their Github consists of many good articles explaining almost everything. 

Just in case you have a question for their support? you can contact them here

Download Breez

If you like what you have read about so far, you can download Breez for both Android, IOS. Do note that both are supposedly still in Beta. So using them comes at your own risk! You can find them all by clicking here. If you do end up downloading it, please let us know your opinion about it on our review page. Let’s now look at some features, pros, and cons down below.

Features

When It comes to extra features (besides sending and receiving crypto) Breez wallet offers the following.

  • Podcasting 2.0 hub
  • Access to lightning apps
  • Easy backup using Google
  • Point of Sale feature for merchands

Pros and Cons

Pro’s

✓ Clean design makes it understandable for users

✓ Gives more utility to BTC

✓ Cheap/free transactions with the Bitcoin lightning network

✓ Perfect for the adoption of lightning network for merchants

Con’s

✗ Not perfect to use for lightning gaming and receiving micropayments if you didn’t have any Sats before or if you do not want to buy them from the start. 

Improvements

Like every other Wallet out there, the Breez wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

Honestly, Breez is a pretty chill wallet and although it could maybe add more lightning apps and features in the future, for now, we really don’t have any drastic improvements that we could find. We hope that the app comes out of Beta soon and can start boosting the adoption of Bitcoin. 

If Breez would add new things in the future we would be most excited to see stable coins on top of the lightning network. This could come to the layer 2 network this year. Wheater or not Breez will implement it when it is out is still to see. We hope they do. Because it could boost the point of sale feature making it much easier and cheaper for merchants to use the lightning network instead of Visa or Mastercard. 

Conclusion

Breeze is a great non-custodial mobile crypto wallet that offers great options for those that want to make use of the full aspects of the lightning network. Also, stores could easily use the wallet making it simple and cheap for them to earn in BTC. Although the wallet is great for merchants and non-custodial fans. It does have a bit of a barrier for no coiners. As you need to pay some Sats to really start using it. 

For younger people or people that like to play Bitcoin games, this might not be ideal. Because receiving a 50 Sats payment from Bitcoin Bounce will cost you a one-time payment of  2000 Sats. Because of this, the wallet might not be great for boosting the adoption of super new people (pleps). But it could boost the adoption for self custody when these Pleps learn more about Bitcoin and decide to take custody of their BTC themselves. Plus the fact that it is a great tool for shop owners that want to give their customers more options to also pay in Bitcoin. 

The rating 

Although still in Beta Breez performs perfectly and meets all the requirements of a great non-custodial Bitcoin lightning wallet. We decided to give the Breez wallet a 4,4-star rating out of 5 stars. Leaving some space for new ideas in the future. But with already a great Bitcoin product for non-custodial users and merchants alike. 

Although here at Yada we never give financial advice or advice on which crypto wallet to use. we do however share our opinion, and we believe that the Breez wallet is a recommendable Bitcoin lightning network wallet for all crypto users around the world!

We really want to wish the best to their team, and its users alike. We hope this Breez Wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our Breez wallet review. In case you do not agree with our Breez wallet review? You can test it out yourself and write your own Breez wallet review on our website today! And also don’t forget to check out what other people think about the Breez wallet.

Extra note: As always check the date and the update of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

FAQ

What is a lightning channel?

The Bitcoin lightning network is structured with many different payment channels from one node to another. To transact between nodes payment channels need to be created between them. These channels allow the nodes to send funds from one node to another. So John can send some BTC to Jake and then Jake sends that same amount to Jacob. In this example Both John and Jacob have a payment channel with Jake but not with each other. Jake passes on the payment making the whole network one giant payment spiderweb. With many different channels connected to many others.

A channel is thus the connection that these nodes have with each other, that are loaded with BTC so they have the funds to send back and forward. This way they can transact multiple times before settling the final balance on the Bitcoin blockchain. 

More about Lightning network and channel liquidity

What are routing fees?

When sending a transaction on the Bitcoin lightning network, your transaction will be passed on through multiple nodes before finding the one the payment is meant for. To insentience nodes to pass on your payment, you pay them a small fee called the “routing fee”. These fees are usually super small. So that the network stays super cheap to use and can support micropayments.

Can lightning replace Bitcoin?

Well not really. Lightning is built as a layer 2 on top of the Bitcoin blockchain. Meaning that lightning is essentially Bitcoin but on another level. It will thus never replace Bitcoin. But we could expect that in the future the majority of payments will happen on it. Because you can send super-cheap small transactions over it for daily purchases. And the Bitcoin blockchain will take the larger payments. Plus it will keep on securing the whole network as its main security layer. 

Can I use stable coins on lightning?

Not yet, but there are some teams working on bringing stable coins to the lightning network. We are very excited to see this happening and think it could boost the use of the network as a whole. When stable coins will come to the network is still not sure be it could be as early as this year. When it does we will definitely write about it!

What other wallets use the Lightning network?

Many others do! We reviewed some of them!

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Math Wallet review

MathWallet logo

Our Review

Math Wallet review

Math wallet review

In this Math wallet review blog, we take a look at the Math Mobile App and web wallet. The Math wallet is a Universal multi-crypto wallet with support for many different EVM blockchains, build in Dapp browser, NFT display, and much more. The wallet has already been downloaded many times and has tens of thousands of users. Besides a wallet Math also works on many other products that are all accessible from within their app/extension. With products like MathChain, MathSwap, MathVault, and many other solutions in the making. 

All of their products offer support for a with arrange of blockchains like BTC, ETH, Polkadot, Filecoin, EOS, Solana, Binance Chain, Cosmos. However, their mobile wallet exists currently as 2 different apps. One is called the Mathwallet and the other newer version is the Mathwallet5. In this review, we focus on Mathwallet5. This one supports many EVM’s but not Bitcoin, Filecoin, Tron, Terra, Flow, or Near. So that you can make use of the full blockchain and web3 world from the tips of your fingers.

Check out the Math website here.

So let’s now take a closer look at our Math wallet review!

Math wallet set up

Anyone can set up Math wallet. When you open the app a small menu opens that asks you to choose the blockchain you want a wallet for. Once you choose a blockchain. You can choose whether you want to create or import a wallet or check out a demo wallet. You choose the one that you need and will then proceed to the next page. 

To add more wallets for different blockchains to the app you can just simply go to the tab in the top left. Here you find all the blockchains of which you can choose again to create a new wallet or use your old one. 

When you go for creating a new wallet. The app will ask you to make a backup. Store this back up somewhere safe as it is super important. Without it, you can not access your funds in case you lose your wallet.

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Design

Once you have finished setting up the wallet, we can now take a look inside. Here we find 3 main tabs in the menu at the bottom of the screen. In the first one, the wallet tab we find 2 sub-tabs. 1 for our assets on that selected blockchain and 1 for collectibles (NFT’s). On the top left of the page, we find 3 small bars that when clicked on lets us change between wallets and add new ones. In the top right corner of the screen, you will find 3 dots that give you the option to scan a QR code, add assets, add collectibles or change the wallet’s name. 

Now on the second main tab, we find the Dapps. Here you can find basically all Dapps out there. With many of them displayed here. And with them batched into categories. Just in case your favorite Dapp is not here under Defi, NFT, Exchanges, Metaverse, Game, or any other category. You can just add it manually by using the Dapp URL. 

Then going to the third and last main tab. The settings page. Here we can find our wallet security, address book, general settings, and node settings. What we find great here is that under general settings you have the option to display your value not just in fiat currencies and Bitcoin. But also in other cryptos like BNB, DOT, ETH, and SOL. Which is a first to see for us.

Now you can also switch between blockchain nodes for the EVM blockchains. So can get the blockchain info from a party you trust. 

Storage and Private Keys in Math wallet

On the Math mobile and web wallet only you have access to the private key or secret word phrase. That’s why you should always make a backup in case you lose your PC or mobile phone. Once you have done that, make sure you store it safely and let no one else see it. 

Math wallet support nor Yada Wallets will ever ask you for your private key or secret word phrase. If someone does approach you and asks for it. That means they probably try to scam you. So it would be best to report that person.

A non-custodial wallet like Math does its best to inform you so that you can use the wallet in a user-friendly and safe way. That’s why when you create a new wallet within the app, they ask you to write down the backup. Do keep this backup and do not just write it down and then throw it away.  You never know when you will need it.

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Blockchains supported by Math wallet

Math wallet supports a variety of blockchains. But like we said in the beginning Bitcoin, Filecoin, Tron, Terra, Flow, and Near. Currently are not supported in the Mathwallet5. So we asked Math if they plan on adding them in the future. But they responded that they are not sure about that. If Bitcoin, Filecoin, Tron, Terra, Flow, or Near are blockchains you use a lot. It might be better to start with the Math wallet (1) instead of 5. 

We see that in the Math wallet version 1 all these blockchains have support. Only does the newer wallet have a much better design and will probably receive more updates and upgrades in the future. 

If you do still want to continue with Math5 and use Bitcoin in the wallet. You could try to do so by using Rootstock RSK BTC. Or use a wrapped version of Bitcoin on any smart chain. With Wrapped BTC or Ren BTC.

Dapp Browser

The in-app Dapp browser in Math wallet displays a variety of Dapp’s. Sorted out for you in a lot of categories. With categories like Defi, NFT, Bridge, Exchange, Tools, Data, Metaverse, MVB, Staking, and many more. Besides the categories, they also have a recent favorite and popular tabs at the top. Making it easy for you to switch to and from your favorite Dapps. 

Of course, not all the Dapps in the world will be listed here automatically. So if you want to use a Dapp that’s not listed. You can just access them through their Dapp URL. With the Math Dapp browser, you can access the whole web3 world and take control of your own finances and collectibles. 

Math token

The Math token is the one coin that stands central in their entire ecosystem. Not only does the token hold the same name as the wallet but it actually is the main token for many of the other products their building. The products include a DEX, NFT marketplace, and most importantly their layer 2 solution builds on Substrate. 

The Math coin is the token that stands central in the whole ecosystem. Thus getting many use cases from many different types of protocols and systems. 

The token was of course partly sold for funding. But you can still earn it as well. By just simply staking the token to the Math Vault Dapp. Here the token is released slowly to the stakers in the Dapp. And has a halving period every 2 years. Making it so that it will take at least till 2040 before the Vault is empty. 

Math token contact address: 0x08d967bb0134f2d07f7cfb6e246680c53927dd30

Is Math wallet safe?

We have used Math wallet with our own funds and can conclude that the wallet is safe. All of the features worked fine. Plus we could easily add our wallet, create a new one and send our crypto from Math to another wallet. However, Math wallet is non-custodial meaning the Math company does not have access to your funds, and only you do. So if you make a mistake and send your crypto to the wrong place or if you lose your wallet as well as your backup, no one can help you. 

This makes it so that the safety of your crypto funds depends almost completely on you. Like almost always in crypto. So keeping your funds safe depends on your actions. Because of that reason, you should put a good password on your phone or PC. This way not anyone that has their hands on your device can steal your cryptocurrency. 

Math Wallet Fees

Do you pay Fees for using the Math wallet? No, you don’t. It is completely free. You only pay the blockchain fees when you use Dapps or send a transaction. Besides that  Math does not charge you any fees. On the Dapp browser page, Math does promote a few of its own apps like Math Vault and Math Gas. Which is fair in their own ecosystem. 

The fact that they offer their wallet for free is great. But when it comes to fees you should always be careful with the high blockchain fees these days on Ethereum. Luckily Math has many other EVM blockchains that can help you out. If Ethereum is too expensive for you.

Math wallet support

We like to test out the support of a wallet when we write a review. Mostly because they can answer the questions we have left and could not find the answers to ourselves. But also because we are probably not the only ones with questions and especially newcomers to crypto will have a lot of them. 

Math offers support on 3 channels. Their email support, Telegram, and Discord. Sadly their Telegram is on a “read-only” due to the increasing number of scammers, making the channel practically unusable. Their Discord does have some members in it but we never got our questions answered there as no member or admin responded to them (over a period of 2 weeks). 

Now, we had better luck with their email support. They did answer some of our questions. And the fact that they have support is already a great thing. As not all crypto wallets have a customer support service. But the service could definitely use some improvement as the answers were short and mostly non-explaining. Plus that it took usually more than 24 hours to receive a response. Which we did not always get to our questions. 

We do understand that support is a difficult thing but do hope that Math will try to improve theirs in the future. 

If you need help make sure to ask their customer service first and do not trust anyone that contacts you from an unofficial source. 

Math wallet Download

If you like Math wallet and would like to try it out, you can download Math for both Android, IOS, and as a browser extension. The links to all versions can be found by clicking here. If you end up downloading it, please let us know what you think about it on our review page. And now let’s look at some features, pros, and cons down bellow

Features

When It comes to extra features (besides sending and receiving crypto) Math offers the following.

    • Address book
    • Dapp browser
    • Collectible tab
    • In-app Defi trading
    • Hardware wallet support
    • Demo option

Pros and Cons

Pro’s

Easily user-friendly design

Pushes you to make a backup when creating a new wallet

Optimized for the use of web3

Support a large variety of EVM blockchains

Con’s

Having 2 different wallets with the same name can be confusing

Customer support is slow and does not answer all questions

Improvements

Like every other Wallet out there, the Math has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

Math wallet works as a great Defi portal. But like all wallets could still see some improvements to optimize their service as a whole. As of now, Math exists as 2 wallets the  “Math Wallet” & “Math Wallet 5”. For new users or people that try to figure out if Math is a legit crypto provider. This can be very confusing. Both apps have different publishing accounts on the Google play store and at first look, we thought one of them was a fake/scam wallet. This however is not the case. They just have an old and new version with different features and upgrades. 

Next, we would like to see an improvement in their customer service as their answers and responding time did not fully help us answer our questions. It would be nice to see Math’s community help out a bit as well but for now, it seems like they keep a bit quiet. We hope to see some more engagement on that side in the future if their community grows and their Telegram channel opens again. 

Conclusion

Math seems like a very good wallet to use for web3 users. They have a whole ecosystem built around their Math token with the wallet being part of that ecosystem. To make this all work together fine a bit easier to digest content to newcomers and better community support could help with this drastically tho.

However, if you are familiar with the crypto space and know from the start how to do anything web3. Math could be the one for you. As they do not give you any hassle setting up and it gives you the ability to access all your favorite Dapps in a matter of seconds. 

Still, as they have 2 different apps, that support different blockchains. Not all crypto users can go for just 1 of their wallets. We hope that support for other blockchains that currently are supported in their first old version also move over to their new one. As this would give even more functionality to it. 

Besides what we mentioned above, we couldn’t really find anything else that we thought needed improvement. So we are very curious how Math and its ecosystem will evolve into the future and if they come up with more features/upgrades to their product(s) to make it draw more users to crypto. 

The Rating 

Math performs fantastically and does all that we expected it to do. But still could make things clearer for users and thus make their product more accessible. We decided to give Math a 4,1-star rating out of 5. Which could easily get high if the points mentioned could be improved in the future.

Although Yada as a website does not give financial advice or advice on which crypto wallet to use. We do share our opinion, and we believe that Math is definitely a great wallet to use for experienced crypto users!

So we really want to wish the best to their team, and its community alike. We hope this Math Wallet review can be useful for them and their future developments. 

The end

We hope you enjoyed our Math wallet review and understand how to use Math Wallet. In case you do not agree with our Math wallet review? You can test it out yourself and write your own Math wallet review on our website today! And also don’t forget to check out what other people think about Math.

Extra note: As always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Zebedee Wallet Review

ZEBEDEE wallet logo

Our Review

Zebedee Wallet Review

Zebedee Wallet Review

In this Zebedee wallet review blog, we take a look at the Zebedee Mobile App. Zebedee is a hosted Bitcoin lightning network wallet focused on the gaming industry. With their strategy to make gamers into Bitcoiners, they push adoption to the front. This can be interesting for Bitcoiners and no-coiners alike. The Zebedee wallet has had its focus on the Bitcoin lightning network since its beginning and pushes the adoption of its wallet, games, and partner products at a high speed. Although (at the moment of writing) their wallet is still very new and has not seen a huge amount of downloads. Their presence in the crypto space has not gone unnoticed and seems to be one of the fastest-growing lighting wallets out there. 

Check out the Zebedee website here.

So let’s now take a closer look at our Zebedee wallet review!

How to use Zebedee 

What makes Zebedee unique is not their focus on ease of use. But that they also really succeeded in it. Many crypto wallets do focus on ease of use but do not really make it that easy for beginners. What Zebedee has done differently is that they let you create an account with either your Bitstamp exchange, Google Discord, or email account. This way you as a user do not have to deal with any of the technicalities of the private key etc. If you already asked it. Yes, this means Zebedee is a custodial wallet. Meaning they hold the private key and thus the access over your Bitcoin

To start using Zebedee you only have to create an account in 2 seconds with one of the mentioned social accounts and you are ready to go. Now you have your wallet you can add a gamer tag to use the wallet to its full potential. More on that later on. 

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Design

The wallet has an easy-to-understand design with basically just a home page and a profile page where you can find all the things you need. On the home page (aka your wallet page) you find your recent spendings and earnings. Here you can either choose to pay someone or request money. You can do this either by using a Bitcoin lighting address or scanning a lightning invoice. 

Then on the profile page, you can change your settings, find your gamer tag, and check wallet security. By turning on 2fa for example. If we go to “personal” in this menu it is important to note that you can verify your wallet. When doing so your spending and receiving limit will increase. If you plan on using the wallet for larger amounts of Sats this can work for you. 

On the same profile page, we can also find a way to change the appearance of the wallet.  Currently, you can just choose 3 theme options. These are Light, Dark, and Satoshi. These give a nice little change to the wallet. But it would be nice to see some extra in the future to give us as a user a bit more options. 

Storage and Private Keys in Zebedee

The crypto industry is usually all about privacy and self custody. But this creates a bit of a dilemma. Because self custody does make this a bit more difficult for the end-users in many cases. That’s why multiple options exist and some give you more control than others. With Zebedee, you may not have direct control of your private key. But the wallet does give you a super easy-to-use Bitcoin lighting wallet.

On top of that, it allows you to have (semi) privacy at the same time. As with Zebedee, you can just create a wallet with a social account. Giving you the space to attach your real or fake name to this account. On top of that if you just use Zebedee for playing Bitcoin games and want to send your hard-earned Sats privately to any other place. You can. Because the Bitcoin lightning network does offer a quiet private way of transacting. By making your transactions so that they are not out there to be seen by the whole world.

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Zebedee Gamer tag

Okay, we have arrived at the best part of this review. The Zebedee gamer tag. Yes, Gamer tag. Bitcoin was once all about being a free worldwide transaction network. Then changed to digital gold. But is not evolving once again to an online and in-game currency. With the lightning network working perfectly new features came to Bitcoin that were not possible before. Because of the Bitcoin Micro-payments that can flow over the network games can integrate Bitcoin as an in-game incentive. You can already do this with amounts as small as a MiliSatoshi. Which hold a current value of almost nothing, many zeros after a $ cent. 

Gamers can earn or spend this in games that make use of their in-game economy by integrating Bitcoin into it. But as a gamer to start earning from this, they will need a wallet. And most important and easy way to send and receive their earned Sats. To help with this Zebedee has something they call their “gamer tags”. These are basically email addresses that can be used to receive or send Sats to. They look like this ” yadawallets@zbd.gg “. Feel free to send us some Sats to test it out ;).

The Zebedee gamer tags can be filled in with many Bitcoin games so that they can pay you out instantly. This works much better as you do not have to request an invoice go to the wallet and wait for the confirmation. No, with the gamer tags withdrawal goes automatically and takes about a millisecond of time.

Zebedee infuse

Zebedee infuse is one of the very interesting projects from Zebedee. Here they have layered the Bitcoin lightning network on top of the popular FPS CS:GO. This gives players the opportunity to compete in came for Sats. Players can enter a game room with a certain buy-in amount. And then compete with each other. The winners will basically receive the losses Sats. Making it an interesting game of skill that can create an income for good players.

This is similar to what Chain Games is trying to achieve with their games on the Polygon network. Read about them here!

But do not worry if you are not that good at CS:GO (I’m pretty bad too). Zebedee has free to join rounds going on all the time that are being sponsored by third parties. This gives noobies an option to join a game for free and still compete and earn Satoshis. Not only is this nice for noobs but also brings gamers that did not have any BTC before into the Bitcoin club. By giving them free BTC for the games they were already playing. 

For now, ZBD infuse only runs on CS:GO. But it would be really cool to see it also layer on top of other games in the future. 

Zebedee Bitcoin vouchers

Got a friend you want to bring into Bitcoin? Or maybe you want to give some Sats to someone for their Birthday? Well, you can. With a build-in voucher system, you can simply put some Sats aside that other people can claim with the Bitcoin voucher. If you would like to bring some of your friends and family into Bitcoin. Just create them a small voucher so they can claim their Sats and start stacking. Especially if you have some skilled gamer friends. You could send a Sats vouchers so they can start competing in Bitcoin games. So they can start stacking Sats. 

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Is Zebedee’s wallet safe?

Yes, Zebedee wallet is totally safe. We have tested the wallet, their games and asked questions to their support many times. And we can conclude that the wallet is perfectly safe to use. With us almost using the wallet on a daily basis for quite some time (to receive our in-game earnings). So when it comes to being a safe place to keep Stack your Sats you can say it is. 

Now holding or investing in Bitcoin will always have volatility against fiat currencies. So keep that in mind as we nor Zebedee are responsible for Bitcoin price swings. And only you hold the responsibilities over your finances. 

However, if you use Zebedee in the same way as us. You will probably not even spend any fiat to buy Bitcoin. But instead, earn it all by playing games. We already earned ourselves many drinks by doing so. And on top of that, the value of these Sats just seems to go up over time. So what better way to stack some sats!

Check out some games you can play to make some free Bitcoin here!

Zebedee Fees

So do you pay Fees for using the Zebedee wallet? Yes, you do. This should not come as a huge surprise as the wallet and the team needs to provide for themselves too. But don’t worry the fees in Zebedee are minimal. With only a 1% transaction fee on all transactions outside of the wallet. Meaning that if you want to send some Satoshis to your friend that also uses Zebedee wallet. He/she or you will not have to pay any fees. The 1% fee only applies when you make a purchase or transfer to another Bitcoin lightning network wallet. 

Zebedee bonuses

Although paying a fee may not be your favorite thing. Zebedee does give you some other benefits. Like at the moment that we have been testing the Zebedee wallet. They ran a promotion for Bitcoin gamers and doubled all their earnings for the whole month of December. This got us to use the wallet for quite some time. Because who does not like double earnings on their game gains. For now, we do not know if they will ever do any promotions like this in the future. But we expect that Zebedee will keep on bringing value to its users in many ways.

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Zebedee support 

Wallet support is key. Especially in the world of today as crypto wallets have not been adopted to the mainstream yet. For those Bitcoin wallets that have a lot of their users from outside of the normal crypto space. Good customer service can help out a lot. Zebedee users can reach out to them for help on a few different platforms. The basic and for us always the go-to for direct questions is a customer support email address. When it comes to email support we would always like to see a response within at least 24 hours (exceptions for holidays).

Zebedee has so far responded to us every time within this time frame and thus checks this. But in case you don’t have 24 hours on hand and need help right away. You could try to ask on their Discord channel or Telegram Channel. We have tried out both with multiple questions and we always got a fast response from their group admins. But also often from enthusiastic group members. Which is great and shows that they have an active community that wants to help out newcomers.

Before you go asking their staff or Discord members, you should definitely check out their help/FAQ page. Here you can find many of the questions you could have already pre answered. This makes it both easier for you and their staff. So they can focus on more urgent matters. 

Just in case you have a question for their support? you can contact them here

Download Zebedee

If you like what you have read about so far, you can download Zebedee for both Android, IOS, and Web extensions. You can find them all by clicking here. If you do end up downloading it, please let us know your opinion about it on our review page. Let’s now look at some features, pros, and cons down below.

Features

When It comes to extra features (besides sending and receiving crypto) Zebedee wallet offers the following.

    • Lightning address
    • A hub for Bitcoin games
    • Easy login with social accounts
    • 2fa protection
    • changing the appearance with themes

Pros and Cons

Pro’s

Good and simple to understand design

Staking Sats by playing games

Cheap/free transactions with the Bitcoin lightning network

Lightning address to make Bitcoin easy

Con’s

The only way to buy or sell BTC is with Bitstamp

Improvements

Like every other Wallet out there, the Zebedee wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

Zebedee is a great wallet for Bitcoin Gamers but like all wallets, we would always like to give some tips for improvements. The first would be to add an address book for your friends. As the wallet has a lot of social aspects to it we would love to see more of that so you can easily send money between your (gamer) friends. 

Next, adding more than one account to it would help. Especially for those that have multiple lightning addresses or Zebedee accounts like ourselves. This can be nice if you would like to store some Sats in different wallets like we do (personal & company wallet). Or if you want to just keep some different stacks/saving jars. 

As of last a little extra fiat onramp could drive some extra adoption of newcomers. As for now, you can only buy directly from Bitstamp within the wallet. We do understand however that Bitstamp is a partner of ZBD. But some more options for fiat onramps could help those that do not have a Bitstamp account or do not want to create an account with them at that time.

Conclusion

The Zebedee mobile and also web crypto wallet seems like a great crypto lightning wallet for all users. But especially for games. Although we still see some ways the wallet can improve. They keep on pushing updates to all their products all the time. And with their recent funding round, we can expect them to keep on delivering great work into the future.

The wallet has an open design and a pleasant UI. This makes it great for new BTC users and gamers coming to Bitcoin. This game-oriented focus gives them a good edge in the wallet market. Putting them in front of other lighting wallets when it comes to gaming.  

We haven’t found anything else that we thought needed improvement and are very curious how Zebedee will evolve into the future. And what games and features they will come up with for their wallet.

The rating 

Zebedee performs perfectly and meets all the requirements of a good Bitcoin lightning wallet. We decided to give the Zebedee wallet a 4,8-star rating out of 5 stars. Leaving some space for new features but with already a great Bitcoin product that we ourselves use basically every day. 

Although here at Yada we do not give financial advice or advice on which crypto wallet to use. However, we do share our opinion, and we believe that the Zebedee wallet is a recommendable Bitcoin wallet for all crypto users around the world!

We really want to wish the best to the ZBD team, and its users alike. We hope this ZBD Wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our Zebedee wallet review. In case you do not agree with our Zebedee wallet review? You can test it out yourself and write your own Zebedee wallet review on our website today! And also don’t forget to check out what other people think about the Zebedee wallet.

Extra note: As always check the date and the update of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

FAQ

How to Withdrawal from Zebedee?

Withdrawing from the wallet is simple. Just press “request or pay”, select the amount, and then choose who to send it to. With either their gamer tag or lightning address. If you prefer to use the older invoice way of paying. You can also select scan on the home page and scan or copy a lightning invoice code. This will let you pay a payment request from someone else over the lightning network.

What is Bitcoin Lightning Network?

The Bitcoin lightning network is a payment layer built on top of Bitcoin. Because Bitcoin does its job fantastically by securing the global payment system. It does not process a lot of payments at a fast pace. That is why we can lock our Bitcoin onto the lightning network. This way Bitcoin can focus on security and Lightning focuses on supers fast micropayments. With both making use of the BTC currency. 

What is a Sat/Satoshi?

A Sat or Satoshi is the smallest amount of Bitcoin. See it as a cent to a dollar. Only with Bitcoin instead of having 100 Sats per BTC. You have 100.000.000 Sats per BTC. The future transaction domination should thus be expressed in Satoshis. As paying 0.0000003 BTC for something would be annoying to say all the time, and saying 30 Sats feels more “normal”. 

This should also answer the question of whether there is enough Bitcoin for everyone. Yes, because there are enough Satoshis for everyone.

What exchanges use the Lightning network?

Not that many as of now and still a lot of the big ones are missing. But these exchanges already offer support for it. 

What Bitcoin games are there?

For now, we have this list. Consisting of some games for desktop and mobile. And we hope some consol games will join their ranks soon. 

  • Counter-Strike – Global Offensive for Desktop, with ZBD Infuse 
  • ZBD Karts – for Desktop
  • SaruTobi – for mobile phones
  • Lightning Crush – for Android
  • Balls King! – for mobile phones
  • Wheel of Crypto – for mobile phones
  • Amazeballs – for mobile phones
  • Wheel of Trivia – for mobile phones

What are the ZBD wallet limits?

That depends if you verify your ID or not. Without verifying your ID, you can send and receive up to 2,000,000 Sats per month and hodl up to 250,000 Sats in your wallet at the time.

If you do verify your identity, the limits increase to 25,000,000 Sats per month and 2,000,000 Sats maximum balance in your wallet.

Zebedee already said that as the Bitcoin Lightning Network grows, these limits will increase with it. 

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Ballet Wallet Review

Ballet Crypto wallet logo

Our Review

Ballet Wallet Review

Ballet Wallet Review

In this Ballet wallet review blog, we take a look at the Ballet REAL Series wallet and the Ballet Mobile App. Ballet wallet is a U.S.-based cryptocurrency company that provides simple and secure cryptocurrency hardware storage solutions for everyone. The company was founded in 2019 by Bobby Lee and his team of cryptocurrency industry veterans. He and his team have been in the crypto space for many years having founded other crypto companies before, that focus on crypto trading. 

The company launched its product with over $3 million in funding from angel investors. Which was raised in 2019 in a seed funding round led by Ribbit Capital.

Ballet wallet has already secured hundreds of millions in crypto value. And support a large variety of different blockchains. Because the hardware wallet does not have any USB port or Bluetooth connectivity. It works as a solid offline unhackable hardware wallet. So it can store and protect your crypto from hackers. 

Check out the Ballet crypto website here.

So let’s now take a closer look at our Ballet wallet review!

Ballet wallet set up

Just like it says on the Ballet REAL Series packaging, “no setup”. So this means you really don’t have to do anything to set up the wallet. Just open the box and put some of your Bitcoin or any other crypto on it. Because of this, the wallet can be used right from the start. It takes you a few seconds to open the box and start using the wallet. But that is for the REAL series. If you want to actually send crypto with the wallet you will need to download the Ballet crypto app. 

The App does not need much of a setup either. You just download it and scan the public Key QR-code that is on the Real Series hardware wallet. Because this will add the wallet to the app. So now you are all set up to store, send, and receive crypto. Let’s take a closer look.

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Ballet Mobile wallet

So Ballet comes really into parts. You have the hardware card and the mobile app. On the card, you will have your crypto, and hold your private key. And on the ballet mobile app, you can interact with the wallet. So when you want to take your crypto out of your cold storage, you can. The mobile app is available for any mobile device, desktop, and is also free to use. But is not limited to holding/connecting to only 1 card. No, if you have multiple hardware cards/ accounts, you can simply add them all to the Ballet mobile app. This way you have full access to monitor all your hardware wallets while at the same time keeping them safely spread out in different accounts. Download the software wallet here.

But besides working as an interface for sending and receiving crypto. The mobile app also lets you interact with Dapps. Because the app has a web3 wallet connect option built-in. Because of this, you can simply connect to any Dapp by scanning the Walletconnect QR code of the Dapp. This can be especially great for NFT collectors as the mobile version has an NFT display tab.

Design

So now that you have finished setting up both the mobile and the hardware wallet, we can start to take a look at the wallet itself. The card itself comes as a smooth-looking metal card with on the front the Public key and on the back a little memo box. The  Public key on the front is on a small sticker that you can peel off. Because underneath it you will find the private key. So please be careful with that. Because anyone who has that private key has access to your funds.

Under the public key sticker, you will find a wallet passphrase. You will have to scratch this part to make the passphrase appear. It is also very important to not show this to anyone. Because with this passphrase you can send transactions through the mobile wallet. When you want to send a transaction using the mobile wallet you will be asked to fill in the passphrase and the private key to confirm the transaction. So in case you plan on doing so it will be important to have the passphrase at hand.

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Mobile Wallet Design

The mobile wallet also has a similarly smooth design, with the same colors in use. Because the private keys are only stored on the physical device, you do not really have to do any backup/setup, etc for the mobile wallet. On the front page of the mobile wallet, you will directly find an overview of all your hardware cards that you have added to it. And next to that there is a scan option and a more tab that has some settings for the more technical crypto users. 

Now clicking your crypto card will show you the balances you have on it. But also lets you add a large variety of different tokens and blockchains. So you can use the wallet not just for Bitcoin only. Here in this section we also find an option for sending and receiving. But also for buying crypto, exchanging it, wallet connect, NFT’s, and the option to rename the wallet. 

In the card section of the mobile wallet, you will also find 2 (fake) cards already added to it. This is a purchase card option and a new user guide option. These come with a small explanation about how to purchase the card and how to connect it and set it up with the cryptos of choice. 

Storage and Private Keys on Ballet wallet

Because the ballet wallet is a non-custodial hardware wallet, you hold the responsibility for your crypto. This means that when you lose your hardware wallet and the backup, Ballet nor Yada Wallets can return the funds to you.

It is important to note this because really only you have access to it. But that is also the reason you buy a hardware wallet. So that you are in complete control over your funds and do not have to rely on anyone else. Because the responsibility lays only with you we would highly suggest keeping a backup somewhere safe. So that in case of an emergency you do not lose your crypto/Bitcoin. Because even though the card is made of solid metal, it is not fireproof and can thus be destroyed in a worst-case scenario. 

This can be prevented with a good backup. But make sure your backup does not reach the eyes of others that do not need access to your funds!

Blockchains supported by Ballet

Ballet supports a large number of different blockchains and tokens. When you want to use any of them you can just activate them in the manage section of the card (within the app). Besides blockchains, you can also add custom ERC-20, TRC-20, and BEP-20 tokens making it ideal for your tokens. But not all of them have to be added manually as some are already added to the manage sections. You can just click activate on the token and it appears in the app itself. 

We will not put a list here of all the chains and tokens that you can hold in the app. But you can go to their wallet page here and see it for yourself. 

The physical wallet has only the logo of one crypto on it. But that does not mean it only supports that crypto. No, the wallet is truly multi-crypto. So you can access and safely keep the majority of your portfolio in the crypto wallet.

A Hardware Wallet for NFT’s

Because of the recent hype and value around NFT’s, a place to safe-keep your valuable collectibles is super important. Luckily Ballet wallet has a collectibles tab where you can see all your NFT’s. This display feature works great for collectors of the most popular CryptoPunks or crypto kitties. But is still limited to a small collection of NFT collections. But don’t worry the wallet plans on adding more in the future. For now, you can still find the most popular ones. So for many collectors, this should work great. But we hope to see many more collections added in the near future. 

Using Dapps with a Hardware wallet

Like many crypto wallets, Ballet has an option for WalletConnect. This lets you connect to Decentralized Applications (Dapps). For the current world of  Defi and blockchain games, this is quite important. And having a hardware wallet and using Defi at the same time can sometimes look a bit difficult. The good thing about having a dual system with the physical card and the mobile app is that you can use the app to connect to Dapps. This way you can still keep your funds on a safe device/location. While at the same time enjoying the benefits of web3.0.

For now, these Dapps have to run on top of Ethereum, BSC, or Tron. As other big Dapp networks like Avalanche, HECO, and Klaytn have not yet been added to the wallet. But we hope that some of these blockchains will also be integrated into the wallet as their popularity grows. 

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Is Ballet wallet safe?

The most important question of course when it comes to storing your assets. Is Ballet (real series) safe? Well short answer, Yes. Ballet was nice enough to send us some wallets to test out. And we can conclude that it is completely safe to use. Ballet as a company seems to check all the trustworthiness boxes on our list. 

The only thing that we were wondering about at the beginning is the generation of the private key. With many wallets, this is done through a random input method which will eventually decide your private key. But with the Ballet wallets, you already have a pre-generated private key. This means you do have to have some trust in the company that they create these in a way, so it does not leak to the outside or to any hackers and scammers. Luckily they have much to read about this on their website’s FAQ

Here we can see that the private key is created by 2 different parties that are located in totally different places in the world. Making it so that no single party had access to your private key before.

BIP-38

This idea of having a private key created by 2 different parties is done using the BIP-38 protocol. With Bip-38 users can both protect their private key with one extra encryption. But it also allows third-party wallet providers to create a private key that is made up of two parts. These parts are the original private key + the passphrase = secret private key. In the case of Ballet wallets, the private key and the passphrase are both produced in different locations by different teams. And are never recorded anywhere. This way no single entity has ever seen or had access to your new private key. So you can feel good knowing your funds will never get stolen by the company or its employees.

Ballet Wallet’s Fees

Now unlike many other wallets, Ballet wallet does not have any fees to it. This is of course because their model of income comes from selling the hardware wallets themselves. This makes it safe and free to store your crypto offline without having to worry that you would have to pay fees later on. The only real fees you will find while using the Ballet wallet are the transaction fees of the blockchains themselves. 

Because of the current popularity of certain blockchains, the transaction fees on them can cost you a lot! So make sure you do not waste all your crypto on high transaction fees when rush hour starts on the blockchain. Besides that, you could also make use of blockchains that kind of function like layer 2 blockchains. Blockchains like Binance Smart Chain, Litecoin, etc. 

To save on fees you can set your own transaction fee within the Ballet wallet mobile app. This allows you to send either cheaper (slower) transactions. Or speed up transactions by paying more to the miners.

Ballet Support Service

When new people enter the crypto space they always have a lot of questions. Where can I buy Bitcoin? What is a private key? etc. Because of this, good customer service is super important. Especially when it comes to a wallet that has a focus on beginners like the Ballet Real Series hardware wallet. We have tested their product but also their customer service. To see if they would really give us a good helpful answer. And if they respond on time. 

When it comes to the response from the customer service we are more than satisfied. Not only did they answer ours in a well-sized response. But they also wrote it in a way that is easy to understand for everyone. The response also came back within 24 hours. Which is quite fast. Although we think they could do a little better on the response time. Maybe with a live chat or a 12 hour response time. But we talk about a small detail here as a response within 24 hours is already at the top of customer service speed. 

In case you have a question and you don’t want to wait for that, we would highly recommend looking at their help/F.A.Q. page. Here you can find a lot of information about crypto and the Ballet wallets, which can help you out right away. This makes it quicker for you and does not have to bother their customer service too much.

Just in case you have a question for their support? You can contact them here.

Buy Ballet Wallet

The people’s money, AKA crypto exists because we all need full access to an unstoppable monetary system. But this comes at quite a high price for a lot of hardware wallets. On this point Ballet wallet definitely earns a point. Because the wallet does not have many tech extras on it. But keeps it quite simple. This also makes it possible to go for a much lower price. With the Ballet wallet REAL series going for a price of 35$ each. This way almost anyone can afford to keep their crypto safe. 

Although Ballet wallet has multiple wallets that come at different prices. Most of them go for under 100 bucks. And they also have many fun design options. With even the option to create your own cover or choose a specific NFT cover. For the NFT collectors among us. 

Download Ballet Wallet App

To get started with the Hardware wallet, we would recommend also getting the free software wallet that goes along with it. You can just download this from the Apple or Google Play store. But it also exists for windows. Because the software wallet comes completely for free, why not get it? It lets you check in on your funds and easily use or spend them when you feel you need to. 

A Crypto Gift

There is always a holiday near. As of writing Xmas is just around the corner. This means presents. And what better to get your crypto or non-crypto friends and family than a crypto gift. Because the wallets come in many different designs you can give them for any special occasion. A great gift that works as a conversation starter, and can bring your non-crypto friends and family to crypto. Just get the card out of the packaging and precharge it with a small amount of Bitcoin. This way the one receiving the gift will most likely get interested in learning more as they are now also crypto hodlers like us.

Features

When It comes to extra features (besides sending and receiving crypto) Ballet wallet offers the following.

    • Adjust transaction fees
    • Wallet Connect
    • NFT tab
    • In-app trading

Pros and Cons

Pro’s

No set-up or technical knowledge needed

Comes at an affordable price

Can hold multiple hardware cards in one app

Smooth design, both in-app as the hardware wallet’s design

Use of recycled paper for packaging (a big plus for being environment friendly)

Con’s

Not perfect for making day to day payments

Improvements

Like every other Wallet out there, the Ballet wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

The Ballet wallet is a great multi-chain hardware wallet with support for many blockchains and tokens. But like all wallets, they can still improve on some small things. Although we did not find many improvements. We think they could increase the speed of their customer service by a little so customers can get started a bit faster for when they get stuck with the wallet. 

Next to that. We would like to see a small feature that helps you make a backup of the wallet without having to write down the private key and the passphrase on a piece of paper. Yes, yes we know. It is a hardware wallet so the physical device is your backup. But still. The device is not fireproof and in a worst-case scenario, it would be nice if we could have a backup in another location. So we do not lose our funds in a fire or other disaster. 

Packaging Improvement

Besides that, we would really like to see a small change to the packaging. Because the wallet can be a perfect gift for any special occasion. It would be nice to pre-load it with crypto and then give it to someone. Sadly right now you would have to take the wallet out of the packaging to put on some BTC and you can not really put it back in as there is a part of the packaging that you will have to break. This of course is good for the security of the product but makes it less nice to give as a present. Because it would have already been taken out of the package. 

We can’t really tell you how they should solve this. But a solution to that would be great!

Conclusion

The Ballet hardware crypto wallet seems like a great hardware crypto wallet for your cold storage or as a present to your friends. Users of many different blockchains & tokens can use it for offline storage at an affordable price. Although the wallet could improve some minor things when it comes to customer service and packaging, it works perfectly for all sorts of crypto users as well. 

Both the mobile and the hardware wallet have a clean design and an easy-to-understand UI. This makes it super easy for anyone to get started. And for the more experienced crypto users, there is also the option to interact with Dapps through the mobile app. This gives functionality for many different sorts of users and helps to boost the overall crypto adoption worldwide. 

So these were our thoughts on the Ballet Real Series and the additional mobile application. We couldn’t really find many flaws as the product is quite simple to understand and does exactly what it needs to do. 

Now we really hope that you benefited from our review and we are curious to see how Ballet will evolve into the future and if they come up with a solution to the small things we mentioned earlier.

The rating 

However, Ballet performs perfectly, comes at an affordable price, and meets all our needs a hardware wallet should have. We decided to give the Ballet wallet a 4,9-star rating out of 5 stars. Leaving a little space for some improvements but with already a great product out right now.

Although here at Yada we do not give financial advice or advice on which crypto hardware wallet to use. We do share our opinion, and we believe that Ballet is a great recommendable storage place for all crypto users around the world! Especially for those people that you want to bring into the crypto world. 

We really want to wish the best to the team, and its users alike. We hope this Ballet Real Series hardware wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our Ballet wallet review. In case you do not agree with our Ballet wallet review? You can test it out yourself and write your own Ballet wallet review on our website today! And also don’t forget to check out what other people think about the Ballet wallet.

Extra note: As always, check the date and the update of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Bitpie Wallet Review

Bitpie wallet logo

Our Review

Bitpie Wallet Review

Last updated on April 4, 2022

Bitpie Wallet Review

In this Bitpie wallet review blog, we take a look at the Bitpie Mobile App. The Bitpie wallet is an industry-leading multi-crypto wallet combined with support for many different blockchains, Dapp browser, and much more. The wallet has already been downloaded more than 100.000 times from the Google play store, whit many active users. Besides their large user base and crypto storage capabilities. They try to support the push for ETH2.0, by having a lot of Ether pledged to it from the wallet. Bitpie was made so users can hold custody of their own funds and interact permissionless with the blockchain world. This way users can own their data and financial activities. Bitpie lets people’s value flow freely on-chain via multiple blockchains and sidechains. Including the Bitcoin lightning network. 

Check out the Bitpie website here.

So let’s now take a closer look at our Bitpie wallet review!

Bitpie wallet set up

Like any good crypto, storage place should do. When you open Bitpie they tell you, that you should make a backup code for your new crypto wallet. Although you can skip this if you would like. But in case you already have an existing wallet you can import that one too. The backup code for your Bitpie wallet consists of a 12-word phrase. Please make sure you write this phrase down as it is your only way to access the wallet when you lose your device. But also make sure no one else sees it as they could access your funds with it as well. 

After that, the wallet will open and give you some small instructions and bring you to the main wallet page. Now that you are set up, you can start to use it.

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Design

So now that you have finished setting up, we can start to take a look at the wallet itself. We will first land on the wallet page, the first page out of 5 pages. Bitpie wallet also has a markets, Discover, News, and Me page. On the first page, the wallet page, we find a large variety of features and displays. At the top of the screen, you will see 2 small tabs where you can change the blockchain and the network. Under that, we find a display of the value your account holds. The value however is displayed in a fiat currency of choice. Going lower on the page we also have a toolbox with features such as adding custom RPC, Address Book, the Pie Store, and much more. And last but not least is the display of the actual assets both in the token amount and fiat currency.

So here you can see your tokens. But also you NFT’s. Because you can click on the word collectibles here to bring you to the NFT tab on this page. But in case you do not see your NFT or crypto-token here you can add on manually by clicking on the plus button.

The Other Crypto Pages

On the second page (markets) we find the prices for many different trading pairs. This can be very useful if you are a trader or someone that needs to stay up to date with the price for whatever reason. Clicking the trading pairs allows you to see a bit more details about the pair. But also shows you an exchange button. So you can directly start trading your crypto from within the Bitpie.

The third page (Discover) is definitely the most impactful as it basically works as a Dapp browser. So here you can find many different blockchain Dapps by either selecting them directly on the page. Or by searching for their direct URL. Because a build-in Dapp browser gives you access to any type of decentralized application. You can use the power of many blockchains unlimitedly. 

Bitpie’s fourth page is the news page. Here we can read some articles by Bitpie. Clicking one of the articles will bring you to the Bitpie website blog. The blogs/announcements we find here are nice but could use some more frequently. Because their latest blog seems to be from 4 months ago. 

And at last, we have the “Me” page. Here we can change some of our info, add an avatar etc. But also gives you the option to connect to your BITHD hardware wallet. So you can be extra safe. But we also find some more extra settings here like backups, fee model, default currency, and more. 

Storage and Private Keys in Bitpie

Because the Bitpie wallet is a non-custodial wallet, you hold the responsibility. This means that when you lose your wallet and the backup, Bitpie can not return the funds to you. This is because they also do not have access to it. Only you do. This way you hold all the control. So no one can stop you from using your crypto. The wallet thus holds your access keys (Private Keys). Because of this reason, you should 100% make a backup code for your wallet (the 12-word phrase).

After you have written this down, you should hide the code somewhere safe. So only you can find it. Because with that code anyone can access your wallet. Making it very, very important.

Blockchains supported by Bitpie

Bitpie supports a large variety of blockchains. So many that we are not gonna list them all below. The nice thing about this is that Bitpie can serve almost everyone in the blockchain industry as it has support for almost all major blockchains. And even if your blockchain does not have native support. You can often just manually add it. Because Bitpie has the option to add a manual EVM chain to the wallet. Meaning blockchains like, BSC, Polygon, Avalanche, Arbitrum, KCC can just be added by you. 

Besides all these different blockchains, Bitpie also offers to support the Bitcoin Lightning Network. This is amazing as you can send BTC transactions almost for free this way. Having the Bitcoin lightning network in a wallet that also supports many other blockchains is quite revolutionary at this time. And we love this! This can be very helpful if you use the lightning network on a daily basis. But that also like to use Ethereum, Cardano, and other blockchains. Especially if you live in El Salvador.

Dapp Browser

The built-in Dapp browser in Bitpie showcases a few tabs for Dapps on many different blockchains like HECO, SOL, BSC, and many more. But these are just some Dapps displayed in the wallet. You can also search for a Dapp manually by typing the Dapp name or URL. Because you can add any blockchain that runs an EVM, you can also access the Dapps on that blockchain. Making it perfect if you want to avoid the current high gas fees on Ethereum. 

This way you can explore the enormous web3 world all from within one crypto app. With Dapps for trading, Earning interest, Games, NFTs, and much more. So you can play and earn with your collectibles just as well as with your money. 

Is Bitpie wallet safe?

A good question that you might have. Short answer, Yes. We have tested it and all seems to be working fine. But when it comes to this question and non-custodial wallets it is always a bit tricky. Because non-custodial means that you hold access to the funds and thus the responsibility. So safety really depends on you in this case. So we nor Bitpie is responsible for your assets.

But if you are aware of that and just want to know if it works well. Yes, it does. All features within it seem to be working fine. And although Bitpie says their lightning network feature is still in beta. We tested it too and it works perfectly. Even adding a custom EVM blockchain network is super easy. If you don’t know how to do that, take a look at one of our blogs explaining how to add BSC, Polygon, Avalanche, HSC, KCC, Theta, Xinfin, EOS to Metamask. It works basically the same for Bitpie. So just scroll down to the last part and copy that into Bitpie. 

Bitpie Fees

So do you pay Fees for using the Bitpie wallet? No, you don’t. The basic features of Bitpie like sending and receiving are completely free. This is great for everyone in crypto because no one likes to pay more than necessary. On top of that, Bitpie does not cost you anything to download. So you don’t have to worry about needing to pay for a crypto wallet. This way the Bitpie wallet can be available for all crypto users around the world no matter how much money they have. Even the smallest amounts can be stored on Bitpie. This works perfectly for those who like to play some Bitcoin lightning network games and need a mobile app that can store their hard-earned Sats. 

BITHD Hardware wallet

The BitHD hardware wallets are some of the Hardware wallets developed by the same company behind Bitpie. They have several different hardware wallets that can all connect to the Bitpie mobile wallet. These include the BitHD razor, BitHD watch 1, and BitHD watch 2. All these crypto hardware wallets can connect to the Bitpie mobile wallet. So you can keep your crypto even safer. With these hardware wallets, you can store the same blockchain tokens as on the Bitpie wallet making it a good match. 

Sadly enough we have not yet tested one of the BitHD hardware wallets. But as it comes from the same team. We expect it to be quite good. So if you use the Bitpie wallet and want to use a hardware wallet as well. The Bitpie wallet could be a perfect match for you. 

Bitpie support

For most people, crypto wallets are still an unknown thing. Understanding how to use on can thus be very difficult for some people. That is why a good customer support service can help newcomers to get started with crypto. Luckily Bitpie does offer a customer support service. Their support works fine in our opinion. But has a much faster response to the Chinese support than to the English one. This does not come as a surprise as Bitpie has a Chinese-speaking background and their socials also include a lot of Chinese. Their English-speaking customer service also works just fine. But you might have to wait a little longer for a response.

If you don’t want to wait for that, we would recommend looking at their help/F.A.Q. page. Here you can find a lot of information which can help you out right away. This makes it quicker for you and does not have to bother their customer service too much.

Just in case you have a question for their support? You can contact them here.

Download Bitpie

If you like what you have read about so far, you can download Bitpie for both Android and IOS. Links to both can be found by clicking here. If you do end up downloading it, please let us know what you think about it on our review page. And now let’s look at some features, pros, and cons down bellow

Features

When It comes to extra features (besides sending and receiving crypto) Bitpie wallet offers the following.

    • Address book
    • Dapp browser
    • NFT tab
    • In-app trading
    • Hardware wallet support
    • Multi-(side)chain

Pros and Cons

Pro’s

Easily understandable design

Pushes you to make a backup of your crypto wallets

Multi-functional with everything web3 packet into one mobile app

Possibility to pair with the BitHD hardware wallets

Support multiple EVM’s and the Bitcoin lightning network at the same time

 

Con’s

Only lets you display the crypto value in a fiat currency

 

Improvements

Like every other Wallet out there, the Bitpie wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

The Bitpie wallet is a great multi-chain wallet but like all wallets can still use 3 little improvements. We believe that these little upgrades can make the wallet even better and hope the team takes them in mind. So at first, we would love to see the option to display the value in BTC or any other crypto instead of always having to display it in a fiat currency. For crypto maxis, this would be a great feature.

Also, a small tutorial of the toolbox that we find on the main wallet page could be helpful. This is because some of the tools might not be as obvious of what they are and how they work for beginners. And last but not least. We would like to see some more articles in the news section. Because right now it only contains non-frequent old blogs. This could easily be upgraded by linking to some other third-party blogs or writing more blogs. Feel free to link to our blogs for more content if you would like.

Conclusion

The Bitpie mobile crypto wallet seems like a great crypto wallet for users of many different blockchains & sidechains. Although the wallet would be a bit easier to use for crypto-savvy people, it works perfectly for beginners as well. 

The wallet has a clean design and an easy-to-understand UI. Besides that, the Bitpie wallet has support for a large number of blockchains, sidechains, and the Bitcoin lightning network. This makes it perfect for Dapp users but also for users that also use the lightning network on a daily basis. This combination is still unique making it the perfect wallet for users of both Dapps and the Bitcoin lightning network. So if you are a web3 and lightning user, Bitpie can be great for you. 

Although the wallet has many great features it could still improve with a little tutorial for the toolbox, more frequent news postings, and the option to select your own display currency. But besides that, we couldn’t really find anything else that we thought needed improvement. So we are curious how Bitpie will evolve into the future and if they come up with more features/upgrades to their wallet.

The Rating 

However, Bitpie performs perfectly and meets all the requirements a good multi-chain wallet should have. We decided to give the Bitpie wallet a 4,6-star rating out of 5 stars. Leaving some space for some improvements but with already a great product out right now.

Although here at Yada we do not give financial advice or advice on which crypto wallet to use. We do share our opinion, and we believe that Bitpie is a recommendable wallet for all crypto users around the world!

So we really want to wish the best to the team, and its users alike. We hope this Bitpie Wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our Bitpie wallet review. In case you do not agree with our Bitpie wallet review? You can test it out yourself and write your own Bitpie wallet review on our website today! And also don’t forget to check out what other people think about the Bitpie wallet.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

imToken Wallet Review

imToken wallet logo

Our Review

imToken Wallet Review

imToken Wallet Review

In this imToken wallet review blog, we take a look at the imToken Mobile App wallet. The imToken wallet is an open-source multi-crypto wallet combined with an in-app marketplace Dapp section and much more. The wallet has already served over 12 million users and keeps growing every day. On top of that, they supported 150+ countries and regions and exchanged 500B+ of crypto.
imToken was made for users to be self-sovereign and in control of their assets. So that they can have their own privacy and open finance. imToken lets value flow freely, making wealth untouchable for its users. Check out the imToken website here.

So let’s now dive into our imToken wallet review!

Introduction to imToken

So after you have downloaded the imToken wallet app. You can choose to either create a new wallet or import your own wallet. If you choose a new wallet you will have to save your 12-word phrase (AKA your backup phrase). But if you already have a wallet you can fill in your existing 12-word phrase. After that, the wallet will open and you get a small introduction of how the wallet works. This is great as beginners may not completely understand crypto wallets from the start.

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Design

After having followed the mini wallet tutorial, we can go and explore the wallet for ourselves. The wallet brings us to the wallet page first so we will start there. Like you can see in the pictures the wallet page has a bottom menu to go through other pages. But also a select different blockchain and a scan button at the top. These you can of course use to switch between blockchains and scan QR codes when you want. 

In the middle of this same screen, we find your assets on Ethereum or any other blockchain. But also a little plus that lets you add manual tokens, by either selecting them or with their token contract address. Then next to tokens we find the Defi and NFT tabs. Here you can see all your Defi-related things and see your NFT’s. 

On the next tab, the Market tab. We find options to stake your crypto tokens for a nice yield. But also a crypto swap feature and a market feature with a watchlist and prices. And then there is the browser tab. Here you can browse between all existing Dapps by using the imToken Dapp browser. Just simply search for a Dapp by their name or their website URL. 

And last but not least, there is the “my profile tab” with settings, support, and all the other stuff you would expect to be there. Because this is exactly as you would expect a great wallet would make it, we will not go much into this tab. 

Storage and Private Keys in imToken

The imToken wallet works as a non-custodial wallet. What non-custodial means is that the private keys are stored on your device. So this essentially means that only you have access to the funds in the wallet. Because of this, the responsibility lays completely with you. So imToken can not give you your crypto back if you lose your wallet and your backup code. Because of this, it is super important that you create a backup code for your wallet (12-word phrase). When you have written this down make sure that you hide the code well where only you can find it. Because that code is the access code to your wallet. So anyone with it can access your wallet. 

Blockchains supported by imToken

imToken blockchain focuses on multi-blockchain support. So what kind of imToken wallet review would this be if we did not list all the Blockchains they currently support. They have listed the following:

FileCoin Polygon
Tezos Fantom
Avalanche xDai
Binance Smart Chain Arbitrum
HECO Celo
Bitcoin   Litecoin
Ethereum                                         Bitcoin Cash
Cosmos   Nevos
EOS Polkadot
Tron Kusama

Besides these chains, imToken also offers support for all their tokens and NFT’s. So if you want to add your favorite token, which runs on these chains you can manually add them to the wallet. 

Dapp Browser

With all the different blockchain supported, you also have a lot of Dapps supported. Although not all blockchain Dapps have support. The wallet support Dapps on the Ethereum, EOS, Tron, and all other EVM blockchains. This means you have a large variety of Dapps that you can excess from within the wallet. So you can explore the fast web3 universe.  But to help you get started a little bit. The wallet displays some easy-to-access, recommended Dapps as well as some different types of category Dapps. These categories include Defi, Exchanges, Gaming, and Utilities. But if that is not your cup of tea. You can also just type in the name of the Dapp or the Dapp URL in the search bar. This will bring you to that Dapps website. There you will be able to connect to that Dapp with your wallet and start using it. 

A Crypto Wallet for Traders

Many people in crypto these days are here for trading Bitcoin, Ethereum, etc. But to do this you either need an exchange or a wallet like imToken that lets you trade cryptocurrencies from within the wallet. If that is what you want? You can do that in the wallet’s “market” tap. Here you have multiple financial options like trading, staking, and MarketWatch.

The built-in exchange feature in the wallet makes use of Tokenlon. Tokenlon stands for “Trustless token-to-token exchange”. Which is based on the 0X protocol. With trading fees as low as 0.3%. Tokenlon swaps your tokens almost instantly without having to sign-up for a centralized exchange. 

imToken Fees

So what are the fees that you have to pay to use the imToken wallet? Well, almost non. It does not cost you anything to use the wallet. But only the trading features within the wallet charge you a 0.3% transaction fee. Besides, that sending receiving coins and tokens comes completely for free. So you don’t have to worry about having to buy a crypto wallet. This way the imToken wallet can be available for all crypto users. Whether you have a lot of funds or if you are just starting out with a couple of bugs. 

imKey Hardware wallet

The imKey hardware wallet is a hardware wallet that was made by the same team as the imToken wallet. This hardware wallet can connect to the imToken wallet and thus store your crypto super save. The hardware wallet supports many of the same blockchains and tokens as imToken does. Which makes it a perfect match. The imKey pro hardware wallet comes at a decent price of 109$. Making it so that most users can still afford to buy it. Without losing out on a good quality hardware wallet.

Sadly enough we have not yet tested the imKey hardware wallet. But as the wallet comes from the same company. We expect it to be quite good. So if you use imToken wallet and want to use a hardware wallet as well. The imKey wallet could be a good match for you. 

imToken support

As crypto wallets are still a new concept to the majority of people. A good customers service and support are very important. Not everyone that just started with crypto understands everything. So to help these beginners, but also sometimes experts to use a wallet. A good support page and team are needed. Luckily imToken has a good one. On both their website as well as in the wallet app. You can find a support page. Here you can find many already answered questions that can help you on your way. But if you can not find the answer to your question there. They also have a support team that answers your questions around the clock. Very fast and reliable.

Just in case you have a question for their team? You can contact imToken here.

Opensource wallet

Like you may know, in crypto we like open source projects. Just so we can see what is going on under the hood. Because of this imToken, like many other wallet projects is open source, and can be found on Github. Having the code for a non-custodial wallet open source like this, build trust with the community. Because it would not feel good to send our money to a wallet that does not reveal its code to the world. Making a wallet open source like this gives us the ultimate check to see whether or not a wallet is actually a scam. But we are pretty sure that the imToken wallet is not a scam. 

Features

When It comes to extra features (besides sending and receiving crypto) imToken wallet offers the following.

    • Address book
    • Dapp explorer
    • NFT display
    • In-app trading

Pros and Cons

Pro’s

Great and easy to understand design

Promotes making a back-up of your wallets

Multi-functional with everything web3 packet into one mobile wallet

Possibility to pair with the imKey hardware wallet

Con’s

Having support for some blockchains and sidechains  hidden away in settings

Improvements

Like every other Wallet out there, the imToken wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

imToken is a fantastic wallet but still can use some small improvements. Like any other wallet. So what we always like to see is scalability. And especially the use of layer 2 solutions. Although imToken does have these solutions built into the wallet. They are hidden away a bit. With having the option to switch to the Avalanche, Polygon, and many other networks hidden away under the Ethereum node settings. Because of this, you would not even notice that the wallet does offer support for these (side)chains. But also the testnets. So it would be very nice to see these networks added to the “select wallet” option. So users can easily find all the blockchain networks and start using them.

Conclusion

The imToken mobile wallet seems like a very good wallet for both beginners and experts alike. The wallet has a smooth design and easy-to-understand UX. On top of that, the wallet has support for many good blockchains. Making it so that Dapps can be used with ease from within the app. So if you are a web3 user, the imToken wallet can be great for you. 

The wallet works fantastic, but we would still like to see the blockchain found under “Ethereum node settings”. To move to the “select wallet” tab in the wallet tab. Besides that, we couldn’t really find any other things that we would want to change. But are still excited to see if imToken can improve on their already great wallet in the future. Maybe finding a way to add lightning or stacks could be interesting? 

However, as the wallet performs fantastically and it meets all the requirements a great wallet should have. We have decided to give the imToken wallet a 4,9 star rating out of 5 stars. Leaving a tiny, tiny space for some improvements. 

Although here at Yada we do not give financial advice or advice on which wallet to use. We do share our opinion, and we believe that the imToken wallet is a highly recommendable wallet for beginners and experts alike!

So we really want to wish the best to the wallet team, and its users alike. We hope this ImToken Wallet review can be useful for their users and their future developments. 

The end

We hope you enjoyed our imToken Wallet review. In case you do not agree with our imToken wallet review? You can test it out yourself and write your own imToken wallet review on our website today! And also don’t forget to check out what other people think about the imToken wallet.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Caramba wallet review

Caramba wallet logo

Our Review

Caramba wallet review

In this Caramba wallet review blog, we take a look at the Caramba XRP Mobile App wallet. The Caramba wallet is a Ripple XRP wallet combined with an in-app marketplace news section and more. The wallet was created by a Dutch-registered company named Caramba Apps.

Design

When opening the wallet app we land on the home page where we can create a new wallet address or import an existing one. After creating a new wallet address, that specific address will display a message “deposit >10 XRP to activate”. Users can create more than one XRP address.

Down at the bottom of the wallet app, we find the menu all in a dark blueish style. The menu displays 5 taps: The Accounts/home tap, send and receive tap, XRP marketplace tap, XRP Price & news tap, and the settings tap. The first, as well as the second wallet tap, do not impress us much. With a very blockish styling, they do not welcome the user to really use the Caramba XRP wallet. However, because of the simplicity in its design, it quite well shows how to use it. But an improvement on this design could improve the whole wallet experience drastically.

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XRP marketplace, Price charts & news

One the XRP Ripple marketplace within the app. Users can buy the XRP token. They can buy XRP with their Paypal account or by using Transak, a fiat to crypto service provider. The marketplace is not too complicated to understand. But just like the previous pages, the design ain’t great.

On the XRP price & news tap, you can find exactly that. Price and News. On the top of the tap, we find a price chart of XRP/USD which seems to work very well. So right under the chart, we find a variety of crypto-related news. The news seems to not just cover XRP but also many other cryptocurrencies. Clicking any of the articles will open it in-app, so users do not have to leave the comfort of the wallet.

Further on the settings page you will find the standard-setting page topics, like FAQ, Rate App, XRP wallet backup code, etc. It is not too special a thing but nice to have around.

Income model

Normally not a topic we like to cover in our crypto wallet reviews. But an important one to talk about in this one for sure. Although we do not completely know what forms of revenue the Caramba company makes from this wallet. It seems like a part of it comes from the marketplace and also from advertisements.

The advertisements part causes a bit of a problem. Because advertising in a wallet app can be very unpleasant. But we understand that it is necessary for some wallets as a source of income. Only with this wallet, the thing is that you are shown an ad almost every time you go to another tab/page in the wallet. This is very annoying and makes it absolutely not pleasant to use. This unpleasantness comes mostly from the fact that the ads do not just stay on the site. But take over the whole screen of your phone. We would highly suggest to the Caramba team to make a change to this!

Features

When It comes to extra features (besides sending and receiving crypto) Caramba wallet offers the following.

    • Wallet lock on the top right of the App
    • In-App trading feature
    • News & price charts

Pros and Cons

Pro’s

Buying XRP with fiat (great for newcomers)

Promotes making a back-up of the wallets

Wallet team seems to respond to bad reviews and tries to help

Con’s

Way too many big ads in-app

Very dull design of the wallet

Improvements

Like every other Wallet out there, the Caramba wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

The Caramba apps wallet does not function as a very user-friendly wallet. For some XRP fans, this wallet could be used as storage and even a trading place. But it does lack a good UI & UX. This mostly comes down to the fact that the app displays so many large ads. Because of that, it would be great to see the wallet remove these types of frequent ads and create a new fresh design. On top of that, we would like to propose the integration of an exchange that trades XRP. This so that users have more options to buy the token. But also could have a more user’s friendly way to do so. Especially if the user has used a CEX before.

Conclusion

So the Caramba mobile wallet functions but does not look very attractive. Because of the ads and other reasons mentioned before. The wallet does function properly though and has potential for a future if it upgrades. We however will not use the wallet till these upgrades occur. In case you do, please let us know your experience by leaving a review on the Caramba wallet page.

Downloading and installing the Caramba wallet on mobile devices is done very easily and only takes a few seconds. We are very curious to see where this wallet will go into the future and if it will develop into a very different wallet experience in the future. But for now, we give this wallet a low score of 1.9 out of 5 stars as it is not the best XRP wallet.

But we do wish the best to the wallet team and users alike and hope this review can be useful for their future developments.

We hope you enjoyed our Caramba Wallet review. In case you do not agree with our Caramba wallet review? You can buy some Ripple, download the Caramba Ripple wallet app, send it to your wallet, and write your own Caramba wallet review today! And also check out what other people think about the Caramba wallet.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Exodus Wallet Review

Exodus wallet logo

Our Review

Exodus Wallet Review

Last updated on April 4, 2022.

In this Exodus wallet review, we take a look at the Exodus Mobile App and Computer wallet. You probably have heard of the Exodus wallet before. They have been one of the most used and popular crypto wallets since 2015. Exodus has gained a large user base because of its smooth design and interface. This has made them a reliable wallet and go-to point for starters in crypto. Not only that but also their reliable support and constant updates to the app keep users satisfied.

Besides their long stand as a successful wallet provider, they have also launched their tokenized stock this year. The tokenized Class A common stock in the company can be stored in the wallet itself.

In this review, we mainly focus on the Exodus mobile wallet but also point out some things about the Exodus desktop wallet. We will try to make it clear which one we are talking about at all times.

Design

At the start when you open the Exodus wallet it will give you a nice small explanation about what the wallet can do. They have done this with a very smooth and guided interface. After that users will enter the home page of the mobile wallet. Here you can find your balance(s), plus a small menu at the bottom that guides you to the exchange and dashboard tap. On the desktop, the menu is located at the top of the screen. Here the menu consists of portfolio, wallet, exchange, exodus shares, and a plus tap where you can a variety of different Dapps.

The Exodus App as well as the Desktop version are very easy to understand and can also be synced to each other. Plus you can also connect it to the Trezor hardware wallet. This makes it perfect for the user that likes to use 1 wallet on multiple devices.

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Trading in Exodus

After users have downloaded the Exodus wallet. They can also start using it for trading. This trading feature works very smoothly but does not come cheap. As the trading transactions have to interact with the blockchain they pay the blockchain’s gas fees. On some chains, this costs almost nothing. But trading from BTC to ETH will cost you quite the fee. The good thing however is that Exodus does not charge any additional fees on top of that. This way they keep trading as cheap as possible, from within the comfort of your own wallet.

Integrated Dapps

This part focuses more on the Desktop wallet as the mobile wallet does not (yet) have any Dapps visibly integrated. On the Desktop version of the wallet. Users can manually add a Dapp to their menu. Currently, only Compound Finance can be added to the wallet. Giving users the option to earn interest on their DAI stable coin from within Exodus.

Not only can users use Dapps to earn interest. But they can also utilize the power of staking crypto. The Exodus staking feature lets users easily earn interest on their crypto by staking it. Each of the cryptocurrencies within the wallet that have the possibility to stake, has an earn rewards button. Here users can stake their Cardano, Vechain, Solana, Algorand, and many more cryptos.

When it comes to the Dapps however, Exodus only lists the (D)apps approved by them. So for now users only have excess to Compound Finance and some Apps like FTX exchange and Exodus shares. But this list will most likely grow in the future as more Exodus approves more (D)apps.

Features

When It comes to extra features (besides sending and receiving crypto) Exodus wallet offers the following.

    • Earning interest
    • Staking
    • In wallet trading with integrated exchange
    • Great customer support
    • Perfect UX & UI

Pros and Cons

Pro’s

The best UX & UI

Lots of chains supported that can be added or removed from your main wallet page

Lets you sync your Mobile, Desktop, and Hardware wallet

Con’s

Not possible to add a Dapp of choice like Uniswap or PancakeSwap

Improvements

Like every other Wallet out there, the Exodus wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

The Exodus wallet works flawlessly. Beginners to crypto should definitely consider using this wallet. However, for the more experienced crypto user, it lacks some features. This mostly comes down to the fact that Dapp users can not use any Dapp of choice. This keeps users of NFT’s and DEXes away. Which is becoming a large part of crypto these days. Exodus could attract a lot more users if they would offer this feature.

As a second, we always like to see the Lightning network integrated. Because of the cheap Bitcoin transactions, you can make with it. Although the wallet already uses some sidechains like Polygon, having more of them can’t hurt in our opinion. With options like LN, Arbitrum, and Optimism integrated the usability of the wallet will improve drastically.

Conclusion

The Exodus mobile and desktop wallets are fantastic wallets for beginning users. They require almost no technical knowledge, and when users can not figure out how something works, they have great customer support to assist. The wallet works as a portable wallet because you can use it on any device and even link the devices to each other. Downloading and installing the Exodus wallet on any device only takes a few seconds. However, the wallet could improve with some more advanced features and sidechains. Because of this, we would give the wallet 4 stars out of 5 when it comes to advanced users. But when it comes to beginners the wallet gets the perfect score with 5 out of 5 stars. And that’s the rating we go with as we think beginners are key to adopting crypto!

We hope you enjoyed our Exodus Wallet review. In case you do not agree with our Exodus wallet review? You can buy some Bitcoin, download the Exodus wallet, send it to your wallet, and write your own Exodus wallet review today! And also check out what other people think about the Exodus wallet.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.

Poolin Wallet Review

Poolin wallet logo

Our Review

Poolin Wallet Review

In this Poolin wallet review, we take a look at the Poolin (mobile) wallet. Even if you haven’t used the Poolin wallet yet, you might have heard their name before. Famous for their Poolin mining pool the company also ventured into the wallet business. With their custodial wallet that has a big focus on earning (Defi) interest. Build in a way so that users can earn more on their investments or mining rewards in a user-friendly way.

Design

So the Poolin wallet has a very stimulating design. With on the main wallet page a display of interest-earning products and the rest of the wallet’s features. At the top of the main screen, we find a send, receive, and trade menu. And under that a smaller menu displaying the other features like loans, leverage, referrals, and more. Down at the bottom, you have a tabs menu that lets you go to different tabs. Each tab has a similar page structure making them very easy to understand.

Thanks to the design that Poolin used for their wallet, it is quite easy to understand. This is mostly thanks to its use of the classic Poolin brand colors of dark blue. Using this color pattern gives a calm and easy feel to it when you are using the wallet. Even though the wallet is filled with many features.

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Integrated Defi

As the Poolin wallet handles the private key management for users. It ain’t possible for users to just connect to any Defi Dapp they want. However, Poolin has found a nice way around this by still offering users the option to use Defi with their easy-to-use Defi interface. Here users do not have to think about what platform or how to connect with the platform, key signing, technical stuff, etc. Poolin just gives users a simple interface and on top of that also insurance on their Defi activities.

 

Features

When It comes to extra features (besides sending and receiving crypto) Poolin wallet offers the following.

    • Earning interest
    • No technical difficulties or backups because of the login with your phone number or email address
    • Address book
    • Lots of trading options
    • Standardized Mining feature

       

Pros and Cons

Pro’s

Smooth UX & UI

Lots of features without being overwhelming

Lets you create mutual accounts

 

Con’s

No side chains support yet, making deposits and withdrawals of Bitcoin and Ethereum a bit expensive for small users.

 

Improvements

Like every other Wallet out there, the Poolin wallet has flaws and missing things. The flaws that we point out are of course based on our personal opinion and we would like to point out that they don’t always have to be a hindrance to anyone.

The Poolin wallet looks to us like a good useful wallet for many different types of crypto users alike. Because of its easy setup, you can start using it in a matter of seconds. However, there are two things we would like to see improved. As the wallet functions as a custodial wallet, it requires users to go through KYC before a withdrawal can occur. It seems that some users didn’t know about this and left bad reviews about the wallet (even though it says this in the description). A little notification about this when opening the wallet for the first time could thus prevent this little misunderstanding.

As second, we would like to always recommend sidechain support for cheap transactions. Because small users may not have the funds to use certain blockchains when the main chain has expensive fees. Although Poolin already provides free transactions within their wallet ecosystem and the Mixin network system.

 

Conclusion

The Poolin wallet is a great wallet for users that want less technicality and high interest on their crypto. The wallet supports many features and has managed to put them all in one app without turning it into a confusing mess. This makes the wallet great in terms of features but also in terms of use cases. Which we do not find that often. But do appreciate it very much. So to conclude this review we think that the Poolin wallet deserves a very firm 4.5 out of 5 stars.

We hope you enjoyed our Poolin Wallet review. In case you do not agree with our opinion? You can write your own Poolin wallet review here! And also check out what other people think about the Poolin wallet.

Extra note: So as always check the date of this review to see if it is relevant. Wallets can add new functions and change designs to improve their product so a bad review now won’t mean they can’t be great in the future.