Review: Is Guarda Wallet A Crypto Wallet You Can Trust?
Investing in cryptocurrencies can be a daunting task at first due to the number of tools you will need. Choosing a wallet, exchange, cryptocurrency to invest in, portfolio manager, and more is enough to intimidate the most experienced investors.
However, doing your research and choosing the right fit will make everything easier.
Most people tend to underestimate the importance of choosing a wallet. After all, exchanges provide one! However, at some point, you learn that leaving your crypto in the exchange is not always wise.
If you have read our previous crypto wallet reviews, you will know that there are tons of different wallets out there. Some wallets you can trust and some you can’t. It is your job to pick the right one so that your crypto is safe; luckily, we’re here to make that decision a bit easier for you.
Today it’s our turn to do a Guarda wallet review to see if this platform is one you can trust. Spoiler alert: It is!
What is Guarda?
Before discussing the details or functions of a wallet, it is always helpful to know a little about a wallet and its history. There are not many wallets where you can get to know their creators as many choose not to be so transparent with their users, and we think that’s a problem.
Transparency will always be a minimum guarantee of trust before depositing your money in any wallet. Personally, we think it is easier to trust a platform when there is someone who will stand up when a mistake happens. And the fact that Guarda has this transparency with its users is something that is really appreciated.
The first version of Guarda Wallet was launched in 2017 by Paul Sokolov, a young developer with more than five years of experience working on blockchain security technology. Currently, the company is based in Estonia, so its actions are regulated under the rules of the Estonian state.
Guarda has changed a lot over time. It always revolved around cryptocurrencies but has never been as comprehensive as it is now. While in 2019 it only supported Ethereum, the team has become increasingly ambitious and periodically added new features until it became the wallet it is now.
The wallet is one of the most popular in the crypto space. This is due to its multiplatform and non-custodial nature, as well as the varied features it offers. Combine this with top-notch security, and you will become a fan yourself in no time.
What Features Does Guarda Wallet Offer?
Guarda Wallet is a tool that offers multiple features. However, its primary function, and the reason for this review, is its function as a wallet… Which it fulfills to perfection.
Being a software wallet that will always be connected to the internet also means increased flexibility. This convenience and the high performance of the wallet make it a pleasure to work with.
Guarda Wallet is a cross-platform wallet, which means you can access it in several ways, including:
- Web Wallet: Access your wallet from the web without installing any applications. Not as powerful as the other versions but more convenient.
- Desktop Wallet: This is a much more complex version than the web version. Logically it requires you to install an application, but the result is you will gain access to additional tools and features. This application is available for Windows, Mac OS, and Linux.
- Mobile Wallet: The mobile version of the wallet is available for iOS and Android. You can find it in their respective stores, which will show you the high ratings its users have given it. This application has the same capabilities as the desktop wallet but with added mobility.
The fact that these three versions of the wallet can be used in tandem means you can easily access your crypto at any time. If you use more than one version, all of them will also be automatically synchronized.
Now, being cross-platform is not the only advantage of using Guarda wallet. When using it, you will also gain access to some great features. Let’s talk about those!
Zcash Shielded Wallet
Guarda Wallet has established a partnership with Zcash, which allows it to offer unique features to interact with it. If you are a crypto enthusiast who trades or holds Zcash, using Guarda is a must. This direct partnership resulted in the development of a shielded Wallet, a special version of the wallet you will be able to trade with Zcash much more securely.
Zcash works with zk-SNARK technology, which means to send these tokens, you must fill in all the data correctly. In case this does not happen, the transfer may not be settled. Well, with a Shielded Wallet, this data will be filled in automatically in each movement, preventing any inconvenience.
Guarda also offers a Chrome Extension that sets it apart from the competition. This browser extension (only available in Google Chrome) will allow you to pay from your wallet on any website that accepts crypto. This means your crypto wallet will work literally as a wallet, allowing you to pay easily when using online services.
With this feature, you will be able to buy gaming equipment, make purchases on social networks, micro-transactions and purchases in NFT games.
The token generator feature is a very useful tool if you want to go a step further with cryptocurrencies. If you have read some of our other reviews or used other wallets, you know this is not a common feature.
Guarda will provide you with the necessary tools and knowledge to create your own crypto tokens. This means that if you want to create an ERC-20 token, you can design your own directly from your wallet.
Guarda + Ledger
Finally, we have the Guarda + Ledger feature. As we mentioned earlier in this Guarda wallet review, we are talking about a software wallet. This type of wallet is extremely convenient but not as secure as hardware wallets, which is why they are usually combined.
Well, Guarda Wallet offers a high degree of integration with Ledger wallets. This increases the security that Guarda can provide you with exponentially. Once you install Guarda on your Ledger wallet, you can disconnect it from the internet, and your crypto will be impossible to steal. You can learn more about Ledger wallets in our Ledger Wallet review!
What Cryptocurrencies Does Exodus Wallet Support?
In this regard, Guarda is undoubtedly one of the most complete wallets you can find out there. This is because it offers support for over 50 major blockchains & over 400K tokens of all leading protocols.
Remember that they have a sponsorship with Zcash, which will give you many advantages, but they also support the most popular crypto such as:
|Bitcoin (BTC)||Ethereum (ETH)||XRP (XRP)||Bitcoin Cash (BCH)|
|Litecoin (LTC)||Polygon (Matic)||Lumens (XLM)||VeChain (VET)|
|TRON (TRX)||Cosmos (ATOM)||EOS (EOS)||Binance Coin (BNB)|
|Binance USD (BUSD)||Shiba Inu (SHIB)||Paxos (PAX)||Ultra Token (UOS)|
|Gold Tether (XAUT)||Hedera (HBAR)||Harmony (ONE)||Holly Gold (HGOLD)|
|Algorand (ALGO)||Nano (NANO)||Near (NEAR)||Aave (AAVE)|
|Tezos (XTZ)||Axie Infinity (AXS)||Dogecoin (DOGE)||Rio Fuel Token (RFUEL)|
|Qtum (QTUM)||XEM (NEM)||Bitcoin SV (BSV)||XinFin (XDC)|
This wide support of cryptocurrencies ensures that Guarda will always cover your needs… No matter if you are a beginner or veteran trader.
Does Guarda Charge Any Fees?
We know that this question is probably in your mind at this point. In this Guarda wallet review, we have told you details that make Guarda an extremely competitive wallet. When a wallet offers such an efficient service, it usually comes at a high cost. Well, contrary to what you might think, Guarda is completely free!
That’s right; the wallet won’t charge you any fees for downloading it in any of its versions nor for storing your crypto. You can keep them in Guarda for as long as you want, and you won’t have to pay anything for it.
One fee they charge is a minimum fee on every crypto purchase you make on their exchange utilities. This is standard practice with any trading service, as partners usually support these services.
Then, to deposit or withdraw your crypto or trade them, you will only be charged the characteristic fees of the blockchains themselves. We are referring to network fees, of course. This means that the fee is collected by the network instead of Guarda itself.
However, if you don’t like the prices offered by Guarda, you can buy crypto from your exchange of choice and then move them to Guarda. They don’t put any kind of limit on making those movements. While the option to buy crypto directly from your wallet is convenient, you are not forced to use it. It’s up to you if you want to pay a small fee for this convenience!
Does Guarda Offer Good Customer Support?
We believe that this point is vital when deciding on what tools to use in your crypto journey. Whether it is a wallet, an exchange, a service, or anything else, if you don’t have an adequate response from a company when you have a problem, you are lost.
That’s why in this Guarda wallet review we have paid close attention to this aspect. And the truth is that we have come to a conclusion that leaves us quite happy. The Guarda team offers customer support in tandem with its ambition. The service is excellent everywhere you look, and we are going to give you three reasons:
The first is undoubtedly their Guarda Academy. They offer an easy-to-understand guide to crypto. It starts with basic terms such as what tokens or blockchains are and goes through much more complex concepts. This makes it extremely useful for traders of all levels.
As all the topics are very well organized and with pretty simple examples, it is a really nice resource to have.
Secondly, we want to highlight their FAQs section. It is one of the most complete we have seen in pages of this type. Usually, companies just make a forum in a carefree way, answer some questions and leave them posted for the rest of the users. You have no idea how many unorthodox designs and solutions apply to specific cases we have seen.
Well, Guarda differs from such platforms. Its FAQ and support sections are designed in a super intuitive way with lots and lots of questions. These questions are organized by categories in a grid design for specific cases, making it super easy to solve an issue or doubt by yourself.
Support Response Times
Finally, the most remarkable thing is the way the support team interacts with its users. They are really fast to answer your messages and will take the time to help you as much as you need. You can contact Guarda’s support team through their website via email or direct chat.
If you are going to send an email, the response will be almost immediate as they have a policy of answering all emails in less than 30 minutes.
Once you get in touch with a support agent, they will guide you through the process in an incredibly helpful manner.
On the other hand, if you choose live chat, there will always be someone on the other side to answer because people are working 24/7. This way the treatment will be more personal, and you can solve the problem live which is very helpful.
We have to say that Guarda’s customer service is one of the best we have seen out there for any crypto service, if not the best!
Is Guarda Wallet Secure?
Security is another aspect we consider fundamental for any crypto platform. Well, Guarda agrees and has paid special attention to the security of its platform. This can be seen by its integration with Ledger and other hardware wallets, as well as other aspects of its software.
When you create a new Guarda wallet, the platform will generate a keyphrase with words unique to you. This keyphrase should be saved as you will need it every time you want to restore the wallet to another device.
If someone gains access to this passphrase, they will gain access to your wallet. However, this passphrase will also ensure you always have access to your crypto, no matter if your device gets lost, stolen, or corrupted.
As for its Google Chrome extension, you can rest assured as well. This extension doesn’t have any access to your passwords on the blockchain, so it’s impossible for anyone to steal your crypto by navigating on the internet.
Although if you don’t feel safe like that anyway, you can browse with incognito mode, and you can be completely worry-free about it.
All of the versions of Guarda Wallet encrypt your private keys locally. This means that even the Guarda team will be unable to access them! This is why the Guarda wallet is considered a non-custodial wallet!
Guarda Wallet has not been compromised in its more than four years of existence, which is not easy to achieve. Its top-notch security ensures you get all the benefits of a software wallet in a highly secure manner.
In this Guarda wallet review, we have thoroughly explored this long-talked-about wallet. We who have been familiar with it for a long time already knew about its reliability and love it.
Guarda is undoubtedly a case of an extremely useful tool that has earned its position in the crypto space. Not only is it a super complete wallet in terms of its functions, but it goes above that. It also offers a high level of security, really responsible customer support, and a sleek design that makes it easy to use.
Whether you are a novice or experienced, you will be able to recognize that Guarda is a solid platform that you can trust with your crypto.
As such, we totally recommend giving it a try. If you don’t like it for some reason, which is unlikely, there was no harm done. It is free, after all! Remember, if you don’t like Guarda, you can find our reviews for other wallets here.
If this Guarda wallet review has helped you, let us know. We hope with this information you are ready to make an informed decision and take your crypto journey to the next level!
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