Negative feedback is never nice — especially when it comes from a high-profile individual. This is something that happened to Freewallet not too long ago, but the one-stop digital finance app turned this into an opportunity… and became stronger as a result. It all began back in February 2021, when Elon Musk was continually tweeting about Dogecoin as it enjoyed the unlikeliest of surges from $0.005 to $0.74. Freewallet quote-tweeted Tesla's Technoking as he sang the words "Who let the DOGE out" — adding that "DOGE doesn't stop." But he replied: "Your app sucks." In an example of customer service …

One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency prices. But delve deeper, and there’s more to this than meets the eye. The crypto industry has grown immeasurably over recent years — making stars out of a number of exchanges. Platforms such as Binance and Coinbase now handle billions of dollars in trading volumes every day. With this come concerns that centralization is creeping in — and fears that major exchanges are becoming …

Freewallet, a hosted crypto wallet service known for offering standalone storage services for cryptocurrencies has seen its marketing attempt rebuffed by Elon Musk. Responding to Freewallet’s self-promotional message, Musk retorted: Any crypto wallet that won’t give you your private keys should be avoided at all costs — Elon Musk (@elonmusk) February 10, 2021 Hosted crypto wallet platforms like Freewallet are often targets for criticism over the storage of their user’s private keys. This policy flies in the face of the “not your keys, not your coins” ethos propounded by cryptocurrency purists. By storing private keys on third-party platforms, crypto owners …

When markets are volatile, even the smallest delay in a crypto transaction can be exceedingly costly. And now, a cryptocurrency wallet says it has devised a solution that allows transfers to be completed in under three minutes — irrespective of how many transactions are in the queue. Freewallet has partnered up with Changelly for the new feature, and a grand total of 54 coins are supported by the technology, along with ERC-20 tokens. This includes the world’s biggest cryptocurrencies — Bitcoin (BTC), Ether (ETH), EOS (EOS) and Litecoin (LTC). The benefits Aside from the time savings associated with this technology, …

Despite the ever-increasing trend of wallets allowing dozens of cryptocurrencies to be stored in one place, one provider claims there is demand for a more focused approach to keeping coins safe. Freewallet says it has established a range of wallets around one of the most common requests from the community: dedicated, stand-alone applications for specific digital currencies. The company argues that the appeal of stand-alone wallets lies in how they offer familiarity and convenience to those who dislike holding all of their assets in one place. Freewallet drew a comparison between stand-alone wallets and credit cards that support a single …