The wallet was established in 2017 by the Guardarian OÜ company, which is registered in the European Union. The company is licensed by the Estonian FIU (Financial Intelligence Unit) to legally provide crypto-to-fiat exchange services.
So far, they have launched around 10 different products, including wallets, but also exchanges, crypto payment solutions, token generators, as well as prepaid debit cards.
The Guarda Wallet is one of their most popular and well-known product, as it is very used in the crypto community due to its versatility and security.
With Guarda wallet, users are able to store, send, and receive 49 different coins and over 10 000 tokens including:
Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Bitcoin SV (BSV), Cardano (ADA), Ethereum (ETH), Ethereum Classic (ETC), Dash (DASH), Decred (DCR), Digibyte (DGB), Dogecoin (DOGE), EOS (EOS), Litecoin (LTC), Monero (XMR), NEM (XEM), NEO (NEO), Qtum (QTUM), Ripple (XRP), Stellar (XLM), TRON (TRX), Tether (USDT), Zcash (ZEC), Zcoin (XZC), Vechain (VET), ERC-20 Tokens, BEP-2 Tokens, Waves (WAVES), Qtum (QTUM), and many others.
Users from all countries can use the wallet, though it is better to check your country’s legislation regarding crypto storing or trading.
Desktop Wallet: Guarda’s light desktop wallet is compatible with Linux, Windows, and MacOS systems. Using the wallet does not require you to register for an account.
Browser Extension: Guarda also features a Chrome Browser Extension that enables interaction with any of the browser’s dapps.
Android SPV Wallet: Guarda also created open-source single-currency wallets for a diversity of coins. Their Android Moxi wallet was built for Zcash specifically, as it handles shielded transactions.
The interface was designed to be minimalist and easy to access, making it a popular choice among beginner traders who are looking to buy or sell small amounts of cryptocurrency.
Unlike other wallets, you will not have to provide any email address, phone number, or ID to sign up on Guarda. We will be going through the steps of creating a desktop wallet:
Of course, there is also the option of importing other wallets you own instead of creating a new one:
Guarda allows you to buy cryptos directly from your wallet using fiat currencies either through bank transfer or credit card. Bank transfer is provided through its collaboration with Coinify, and credit card purchases are enabled through their Simplex integration.
Users can buy crypto in the following fiat currencies: Euro (EUR), Dollar (USD), British Pound (GBP), Ruble (RUB), and Danish Krone (DKK).
Guarda allows you to integrate your wallet with the popular hardware Ledger wallet. It functions without any problems on the Guarda Web Wallet in Chrome, Mozilla Firefox, or Opera.
Another service offered by Guarda is the ERC-20 token generator. This feature allows you to create your own crypto token from scratch, be it for an ICO, a business, or just for the experience.
All versions of Guarda wallet are free of charge. The only “fee” would be the network fees which have nothing to do with the wallet.
Guarda requires the user to save the backup file each time he creates or imports a wallet. There is also an automatic session timeout option which logs you out of the account if there is no activity for a specified period of time.
Backup is essential as it is the only way to gain back access to your wallet should you have lost your keys.
What’s more, all backups are secured through AES (Advanced Encryption Standard) encryption, an algorithm which is reliable and used to secure sensitive data in electronic format.
The mobile version can be configured to have touch ID/Face ID unlock on compatible devices.
Guarda’s customer support consists of a ticketing system and an extensive FAQ section that provides answers and explanations to most questions. Most users have reported that Guarda has fast response times whenever they sent a ticket.
The support team has been reported to be very active online, responding to all reviews, be them negative or positive, as well as comments, questions, or other issues. This attention and responsiveness have garnered them a lot of positive reviews online.
A wide majority of user reviews are positive, reporting to be satisfied with the wallet product and its services. However, there were some bad reviews that claimed the wallet stole crypto from them. But seeing as the wallet does not hold any keys, the problem might have been from bad management on the user’s part.
Another issue reported was about bad exchange rates. All in all, Guarda is highly regarded in the community for its dedication to security and prompt services.
Guarda is a multipurpose wallet that can be used to store a great deal of crypto coins and tokens in a safe environment where the user has total control over his assets.
Featured image: guarda.co
source: https://coindoo.com/the-ultimate-guarda-wallet-review-2/
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