Introducing : Guarda Wallet
Hello, everyone. Today we’re going to talk about a non-custodial cryptocurrency wallet called Guarda Wallet, it’s performance, functionality, and wallet security.
What is a Cryptocurrency wallet?
A cryptocurrency wallet is an app that allows users to securely store and retrieve their digital assets. When a user acquires crypto, such as bitcoins, he/she can store it in a cryptocurrency wallet and from there use it to make transactions.
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There are many different types of crypto wallets, but the two main categories of crypto wallets include; Hot wallets (these are wallets that are connected to the internet in some way) and cold wallets. Alternately, cold wallets come in a physical form and are not connected to the internet. Guarda Wallet offer both hot and cold storage options. The former are represented by the web wallet and mobile application, with the desktop app being the hybrid one. For the cold storage, Guarda partners with Ledger, allowing you to combine your offline physical wallet securely with Guarda for a flexible management of your funds. Plus, Guarda’s backup file can be stored on any device, including safer offline storages. We’ll cover this in more detail. Hot wallets or cold storage? — Which one is right for you depends on what you want to do with your crypto and what kind of safety net you want to have.
What kind of crypto wallet is Guarda?
Guarda is a non-custodial wallet. This means that Guarda:
- Is a decentralized wallet and you, and only you hold the keys to your cryptocurrency wallet.
- Is a user controlled wallet so only the user has control over their funds.
- Has access to DApps unlike hosted wallets.
- Does not keep any personal information.
Performance, Features and Functionality
Guarda Wallet offers:
- Online Wallet - For using your browser to check on your holdings
- Desktop Wallet - A built-in desktop app for managing your holdings more securely
- Mobile Wallet - It also offers a mobile wallet so you can make purchases on the go. This mobile wallet is automatically synced with all of your other Guarda Wallets, so you can be sure of its safety features.
- Chrome Extension - Their chrome extension is a great addition to their list of products. The extension allows users to pay for things with crypto, such as gaming, social media purchases, micro-transactions and crypto projects such as crypto kitties. This is a useful feature for users who don’t want to have to have to type out their private keys every time they wish to send a small transaction.
Guarda Wallet currently supports 50+ blockchains and hundreds of thousands of tokens, with options to buy, swap and stake various assets, and other curious features. Stay tuned for more detailed guides on them!
Wallet security
A non-custodial wallet eliminates the third party between you and your crypto. however, it also calls for greater responsibility on how you store your keys. Always store your keys an a safe device (Preferably offline) and never share them with anyone!
It’s important to have a sensible backup strategy. Some users simply write down their keys on a piece of paper, but Guarda Wallet provides the opportunity to store your private keys securely for your as an encrypted backup file.
However, please note that if you forget your password or lose the backup file, you won’t be able to restore your wallet since it’s not stored on the Company’s servers and you are the sole owner of it. It is absolutely important to keep both your password and backup file private completely private and safely stored.
Become a part of the Guarda community today:
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