Post by upunot0307 on Feb 21, 2024 19:58:34 GMT
Free wallet. How do you understand this phrase? Typically, novice traders and investors are looking for a free wallet to receive and send cryptocurrency without any fees. This is especially important for those who transfer small amounts. For example, on the Ethereum network, the fee for one transaction can reach $10. In this case, it is not profitable to use blockchain for small transfers. Of course, for such purposes, users are looking for free wallets, so that they won’t pay any fees.
Is it possible to find a free wallet?
If we talk about absolutely free transactions, then this is impossible. In any blockchain, a commission is charged to maintain the operation of the network itself. It may be greater or less, but it is always there. Another thing is that free wallet will not charge additional fees for maintaining and creating a wallet. That is, some applications really allow you to save money. But here lies the main catch, for the sake of which we publish our material.
Freewallet is not a free wallet. It’s a scam!
Freewallet org is a website that allows to download app for storing and withdrawing coins and tokens.
The name of the service itself hints at the possibility of not paying fees for transactions on the blockchain. It sounds tempting, but it’s a lie!
Moreover, Freewallet org is the easiest way to lose assets. As soon as the client receives the transaction, the administration simply blocks the wallet. The coins and client tokens themselves are stored at addresses for which only the administration has private keys. As a result, the victim loses control over the savings. According to our data, Freewallet scammers stole about $10,000,000 from clients. Can we say that this is a free wallet? No, actually it’s a fraud!
We understand that newbies are often looking for ways to save money. In addition, Freewallet spares no expense on colorful advertising. But it is important to understand one thing. This is not a free wallet. This is a common and dangerous scam.
Therefore, when choosing an application for storing coins, carefully study customer reviews. Trust your savings only to services that have an impeccable reputation in the crypto community. Remember that transactions on the blockchain cannot be reversed. Don’t give coins to scammers. Don’t use Freewallet!