Is Freewallet safe? We came across this question in a discussion of one of the crypto communities. Of course, the user who asked the question, a novice crypto trader, implied the risk of theft of coins from the wallet due to the actions of hackers. Most token and coin holders wonder about the security of a wallet precisely in the context of its resistance to hacking. But in the case of Freewallet, we need to talk about a completely different problem.

Is Freewallet safe to use? — No. It’s not! This app is created by scammers. Most application clients lose coins due to administration actions. The scheme is very simple. As soon as the user receives an incoming transaction, the administration blocks his wallet. Most often under the pretext of suspicious activity or anti-money laundering policies. And the client’s assets will simply get stuck.

Is Freewallet safe and legit?

No. If we talk about the wallet’s resistance to hacking, then this application can be called mediocre. After all, private keys are stored by the administration, not by the client. But in this case it doesn’t matter. The administration itself acts as a kidnapper! You can find hundreds of negative reviews about Freewallet.

One example is here

As you can see, there are entire collections on the Internet describing dozens of cases of theft committed by Freewallet owners. And most often it was about KYC scam. So if you ask is Freewallet safe, the answer is clear: no!