Author

Topic: Is freewallet a good? (Read 440 times)

hero member
Activity: 854
Merit: 1031
Only BTC
December 17, 2023, 04:58:20 PM
#30
Ledger or Trezor wallets remains the best  to consider. Hardware wallet keeps your funds safe while you have no business with wallet being compromised. You only have to be careful enough to avoid physical damages or misplacing it. We might have other more safer wallets in the future as the space never seizes to evolve
You are replying to a very old post, but it may be worth mentioning that ledger is not a recommended hardware wallet, because of their many lies, lack of care for customers' data, and the fact they think extracting and sending customer's seed phrase to third parties is a good thing to do for security. It would be great if member's in this forum stop recommending ledger, the other day Dapps using ledgers connector library were compromised, if you want to buy a hardware wallet, there are better alternatives, or you better still set up your own airgapped wallet.
sr. member
Activity: 896
Merit: 279
November 30, 2023, 10:21:21 PM
#29
Freewallet has lots of accusation threads and reviews, so no. AFAIK, they're well known at least for scamming by abusing the KYC policy. If you are looking for a good Bitcoin wallet, go for Mycelium or Electrum. Or, even better, buy a Ledger or a Trezor. Smiley

Ledger or Trezor wallets remains the best  to consider. Hardware wallet keeps your funds safe while you have no business with wallet being compromised. You only have to be careful enough to avoid physical damages or misplacing it. We might have other more safer wallets in the future as the space never seizes to evolve
hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
November 29, 2023, 12:36:14 AM
#28
Please remove Freewallet multi crypto wallet!
Complementing a reply above me, someone named Stafstor https://bitcointalksearch.org/user/stafstor-3568746
actively fighting freewallets including efforts to get freewallet delisted in some app stores. He has also created a dedicated site related to it if you want to contribute there.
legendary
Activity: 2170
Merit: 1789
November 28, 2023, 09:14:45 PM
#27
To protect users from being scammed, we ask you to delete application data.
I'm not sure who are you talking to here. Are you asking the forum mods/admin to help you submit a request to the Play Store etc to delist it? I think you'll find better luck by posting it on other social media like Reddit. You can make a new thread if you need more votes instead of bumping this one too, since the topic is quite different already.

Alternatively, just follow what has been suggested above. A member already made a thread against them so you can simply support them.
newbie
Activity: 2
Merit: 0
November 28, 2023, 02:04:34 PM
#26
Please remove Freewallet multi crypto wallet!

(https://apps.apple.com/us/app/freewallet-multi-crypto-wallet/id1274003898), Ethereum wallet by Freewallet (https://apps.apple.com/us) from the AppStore /app/ethereum-wallet-freewallet/id1126843840), Tether wallet by Freewallet (https://apps.apple.com/us/app/tether-wallet-by-freewallet/id1394509043) and other applications of this developer.
Under the guise of crypto wallets, the administration of the Freewallet website came up with a fraudulent scheme that allows them to steal clients’ money. As soon as the user replenishes the balance, the wallet administration blocks the withdrawal and then ignores the victim’s requests and messages. Hundreds of people were deceived in this way. On large platforms and forums (Bitcointalk, Reddit) Freewallet has an extremely negative reputation. To protect users from being scammed, we ask you to delete application data.

copper member
Activity: 1960
Merit: 1638
Top Crypto Casino
November 17, 2023, 05:21:33 AM
#25
Definitely not! They're scammers.  Freewallet left me with an extremely negative impression. After KYC, my account was locked for an incredibly long time and I didn't even get an adequate explanation of the reasons. Customer support was unhelpful and I almost gave up hope of getting my money back. If you value your finances and nerves, avoid Freewallet.
This advice might be a little too late, but if not sure, always look for reviews and recommendations from members in the community before putting your money somewhere. Free wallet is a web wallet which is one of the most insecure and least recommended. To make matters worse, they are custodial and will lock up your funds at whenever they wish.

You can explore through different much better wallets here;
1. https://bitcoin.org/en/choose-your-wallet
2. https://walletscrutiny.com/

Focus on open source and non-custodial wallets
hero member
Activity: 2674
Merit: 865
yesssir! 🫡
November 15, 2023, 01:50:46 PM
#24
Definitely not! They're scammers.  Freewallet left me with an extremely negative impression. After KYC, my account was locked for an incredibly long time and I didn't even get an adequate explanation of the reasons. Customer support was unhelpful and I almost gave up hope of getting my money back. If you value your finances and nerves, avoid Freewallet.

Sadly, this has been going on for years.

Btw, you may wanna check @stafstor's thread who is actively fighting freewallet.

Dear viewers!
If there are any Freewallet scam victims, who lost their assets because of Freewallet administration illegal actions, we are ready to provide all neccessary legal help.
Our lawyer will make a competent written or electronic statement to the police and other competent authorities. This will increase the likelihood of recovering stolen assets. We will also help you post your Freewallet scam review (if you want to make this case public)

Email: [email protected]

Telegram: https://t.me/+G8MpF2Y_tK81ZGRk

If you haven't gotten your money back, you might as well exhaust your options.

Note: if you click the quote, you'll be redirected to the whole thread [of theirs].
newbie
Activity: 2
Merit: 0
November 15, 2023, 11:54:40 AM
#23
Definitely not! They're scammers.  Freewallet left me with an extremely negative impression. After KYC, my account was locked for an incredibly long time and I didn't even get an adequate explanation of the reasons. Customer support was unhelpful and I almost gave up hope of getting my money back. If you value your finances and nerves, avoid Freewallet.
jr. member
Activity: 56
Merit: 5
In Fly
May 30, 2020, 03:41:10 PM
#22
My wallet has been registered via email.
I have not used it for more than a year. There was a bit of NEC and ZED.
When I couldn’t sigin with my mail, I wrote to the support and they told me that I had to go in through my mobile number. When I entered through the mobile balances were zero, but I can not enter through the mail.

Although there is a registration letter and correspondence with support.

This money just disappeared.


Hello,

Please note that your account was created with your mobile.
This authentication method doesn't require a password.
Please open a  Freewallet app and log in with your mobile.

Best regards,
Paul,
Support Manager, Freewallet
You can send your queries to our Bot in Telegram.

On Mon, 20 May at 2:41 PM , MikhailZhelezkin <[email protected]> wrote:
Hello. I can not get into my account. The application says that the password is incorrect. When I ask to change password and enter my email address [email protected] - I do not receive a letter.
For a long time I did not have the opportunity to use FreeWallet. How can I recover my FreeWallet now?
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
May 17, 2020, 01:17:43 PM
#21
I have doubt also that this OP shilling Freewallet.org.

Did you follow the link that OP posted? Because it sure sounds like shilling to me.

Maybe not, take a look at OP's post history : https://bitcointalksearch.org/user/nennanem-2745868

He is simply trying to increase the post counts from random news links from cryptogeek website or he simply trying to bring some traffic to his own blog, so this question is not a legit one! Huh
legendary
Activity: 3472
Merit: 1721
May 16, 2020, 05:04:04 PM
#20
I have doubt also that this OP shilling Freewallet.org.

Did you follow the link that OP posted? Because it sure sounds like shilling to me.

Quote
The opportunity provided by Freewallet and Changelly can make the lives of those who rely on cryptocurrencies a little bit better. It helps to relieve expenses and to save time and nerves

It will definitely save nerves when Freewallet inevitably keeps money hostage until the user convinces them to release it.  Roll Eyes


newbie
Activity: 12
Merit: 3
May 16, 2020, 03:58:43 PM
#19
FREEWallet.org stole 55 000$! be careful SCAM

https://bitcointalksearch.org/topic/m.54444707
legendary
Activity: 2366
Merit: 1206
May 16, 2020, 03:50:26 AM
#18
Most probably that one of those victims from this Freewallet are newbies. I have doubt also that this OP shilling Freewallet.org.

I am searching for s good wallet, and I'm exploring freewallet, what do you think about this wallet? I found an interesting article about , it says it has got a new additional features https://cryptogeek.info/en/blog/off-chain-coin-swaps-by-freewallet-and-changelly, is it good? Will you recommend to use it? Maybe, you can advise some other good choice.
To be honest, that isn't interesting. I'm one of their victims before they are freezing my fund just like what most other users of freewallet.org had.
Costudial wallet for Bitcoin is very risky part, as suggested above it is better to use the non custodial wallet for safe storing in your Bitcoin. Remember that, if you own your private key and password, it means the coins your stored is belongs to you. Dont be a next victim.
legendary
Activity: 3472
Merit: 1721
May 15, 2020, 01:58:07 AM
#17
Most of the topics you share with us are solved. IMO, it's a good and quite reliable wallet. At least, I've never had any problems using this app.

For an account with very, very few posts a weirdly high proportion of them mention Freewallet and how super cool it is. That's an odd look for anyone. No one has problems until they do and with a real wallet there are no problems to be had in the first place.

Both him and the OP act like they're shilling for Freewallet. Seems like negative experiences which people write are about their service are doing its job in keeping at least some people away.
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
May 12, 2020, 07:40:09 AM
#16
Most of the topics you share with us are solved. IMO, it's a good and quite reliable wallet. At least, I've never had any problems using this app.

For an account with very, very few posts a weirdly high proportion of them mention Freewallet and how super cool it is. That's an odd look for anyone. No one has problems until they do and with a real wallet there are no problems to be had in the first place.
newbie
Activity: 54
Merit: 0
May 12, 2020, 06:55:49 AM
#15
Freewallet has lots of accusation threads and reviews, so no. AFAIK, they're well known at least for scamming by abusing the KYC policy. If you are looking for a good Bitcoin wallet, go for Mycelium or Electrum. Or, even better, buy a Ledger or a Trezor. Smiley

I agree, although is is a open source wallet, https://github.com/jdogresorg/freewallet, there are some accusations about them:

Freewallet is SCAM
Freewallet.org is SCAM !! DO NOT USE THIS WALLET !![Solved]
FREEWallet.org BIG SCAM, THIEF'S ( Don't use any of their iOS or Android APP )
FREEWallet.org is a SCAM!!(solved)

So I will be cautious using their services, if there is one that I could suggest, it will be Electrum: https://electrum.org/.

Most of the topics you share with us are solved. IMO, it's a good and quite reliable wallet. At least, I've never had any problems using this app.
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
May 11, 2020, 09:39:27 AM
#14
Coinbase is best even if they do go down frequently. Your money is protected up to 250,000$ and is Bank backed

Your dollars in Coinbase are insured. In theory the coins in there are insured too but only if they themselves are hacked, and only the hot wallet. By far the more likely scenario is that you're hacked in which case you're covered for nothing.

You also have the same issue of handing complete control of your coins to them.
newbie
Activity: 3
Merit: 0
May 11, 2020, 03:36:59 AM
#13
Coinbase is best even if they do go down frequently. Your money is protected up to 250,000$ and is Bank backed


sr. member
Activity: 1283
Merit: 294
''Vincit qui se vincit''
May 11, 2020, 01:23:56 AM
#12
I did not try that wallet but associated with changelly caught my attebtion because of their responsive support chat.
The web wallet i only use is blockchain.info, very good reputation since the beginning
legendary
Activity: 2170
Merit: 1789
May 11, 2020, 01:11:28 AM
#11
Looking at your post history, it seems like you're somehow related to cryptogeek. Sorry but I'm a bit skeptical and feel that what you're actually trying to do is to increase the traffics of that website.

Anyway, any web wallet is a no-no if you care for security. Don't trade that security with some simple features like an instant exchange where you still have to do some KYC in the end. That's just useless.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
May 10, 2020, 01:45:19 PM
#10
If you read those replies above, obviously, they don't want you to lose your funds with freewallet.

Then, what exact features do you want with a wallet?

If you want a wallet that has a built-in exchange same as freewallet, then alternatively you can use coinomi which you can buy crypto with a credit card and exchange your crypto using changelly and Totle swap, though I'm skeptical to them having changelly as third-party since there are lots of scam accusation against them same as freewallet.
Also, Edge wallet and Exodus wallet has the same features with shapeshift as its built-in exchange. Note that these wallets mentioned will never ask you for any KYC bulls*ht, that's why I'm recommending them..

But if you want a secured wallet for storing funds without any third-party exchange available, then mycelium, electrum, blockstream green wallet will do, especially hardware wallets such ledger and trezor, though you need to buy them first.
legendary
Activity: 2268
Merit: 1074
zknodes.org
May 10, 2020, 01:13:44 PM
#9
If already have a track record related to the alleged scam as mentioned by some of the members above, it seems that Freewallet does not have to be chosen to be a storage wallet.

It is better to have safer and more secure storage such as Trezor, Ledger, KeepKey and other wallet hardware.

I happen to be using Trezor for my personal wallet and it's safer than wallet software.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
May 10, 2020, 01:09:26 PM
#8
To supplement what @gentlemand said, here's what's stated in their TOCs

5.4.
In case Freewallet detects suspicious activity on Freewallet account, Freewallet conducts AML/KYC procedure for the user. To be sure that nobody has unauthorized access to the users account, We ask to provide all necessary information for verification, including without limitation an ID, photo, screenshots showing the source of all your incoming transactions etc. The User is obliged to pass through AML/KYC procedures, which may be applied to the User from time to time, and provide accurate and truthful information about himself as well as maintain and promptly update his Freewallet Account information in case of any changes.

If you are going to use them, you are basically agreeing that they can suspend your account and freeze all your funds anytime until you fulfill all the requirements that they will ask.

I wouldn't be happy with those kind of terms especially when there are genuine free wallets available.
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
May 10, 2020, 09:49:24 AM
#7
No. Absolutely not.

Freewallet is custodial which means you will be handing total control of your coins to them. Once you've sent them to the 'wallet' you're completely dependent on them to send them back to you.  They can disappear with your coins at any time. You need their permission to get your own coins back.

They can also spring KYC checks on people at any time as they're basically an exchange too. Hiding behind KYC is an excellent way to steal your money.

Anything will be better than there. You won't have any of the above problems with any of the numerous real wallets available.

What coins do you want to store? If you tell us that we can make recommendations.
legendary
Activity: 2380
Merit: 5213
May 10, 2020, 09:07:16 AM
#6
I agree, although is is a open source wallet, https://github.com/jdogresorg/freewallet,
This is freewallet.io. I had never heard of them before and I don't know how reliable they are. The OP is talking about freewallet.org.
I don't think freewallet.org and freewallet.io are associated with each other.


To OP:
As already stated in previous posts, don't use freewallet and if you wish to only store bitcoin, you can use Electrum. But if you want a multi-currency wallet, in my opinion, trustwallet can be a good choice.
jr. member
Activity: 54
Merit: 3
May 10, 2020, 08:54:42 AM
#5
For about 3 years I've been using a wallet that is given for free with Localbitcoins account. I don't keep large amount in it, yet for small amounts it is awesome. Fees for outgoing transactions are small, just now - 0.00003462 btc. There is a fee for incoming transaction though - 0.00010386 btc currently. The wallet is good if want to but and sell bitcoin on the platform. Localbitcoins platform works since 2013 earn money from sellers commission so they are incentivized to keep user accounts safe. Never had an issue with them.

I also used a wallet on Blockchain.com for years with no problem. Although this wallet is the oldest and very popular, so there are many fishing sites and phishing e-mails, you have to be careful and always check url address in the browser. 2FA use is a must as well.
hero member
Activity: 2842
Merit: 772
May 10, 2020, 08:32:56 AM
#4
Freewallet has lots of accusation threads and reviews, so no. AFAIK, they're well known at least for scamming by abusing the KYC policy. If you are looking for a good Bitcoin wallet, go for Mycelium or Electrum. Or, even better, buy a Ledger or a Trezor. Smiley

I agree, although is is a open source wallet, https://github.com/jdogresorg/freewallet, there are some accusations about them:

Freewallet is SCAM
Freewallet.org is SCAM !! DO NOT USE THIS WALLET !![Solved]
FREEWallet.org BIG SCAM, THIEF'S ( Don't use any of their iOS or Android APP )
FREEWallet.org is a SCAM!!(solved)

So I will be cautious using their services, if there is one that I could suggest, it will be Electrum: https://electrum.org/.
sr. member
Activity: 1750
Merit: 280
Smart World Global Token
May 10, 2020, 08:05:29 AM
#3
Freewallet advertises a lot but they have been a bad experience for me and most of it's users. There are several accusations of funds disappearing during transactions, most of which might have been solved. But undoubtedly, they were taking a huge fees, much larger than what a transaction would have cost in the past. Currently I have not used the wallet and have seen many people recommend it but with so much better options available, I'd never recommend freewallet to anyone.
legendary
Activity: 1134
Merit: 1597
May 10, 2020, 08:01:02 AM
#2
Freewallet has lots of accusation threads and reviews, so no. AFAIK, they're well known at least for scamming by abusing the KYC policy. If you are looking for a good Bitcoin wallet, go for Mycelium or Electrum. Or, even better, buy a Ledger or a Trezor. Smiley
jr. member
Activity: 51
Merit: 1
May 10, 2020, 07:59:03 AM
#1
I am searching for s good wallet, and I'm exploring freewallet, what do you think about this wallet? I found an interesting article about , it says it has got a new additional features https://cryptogeek.info/en/blog/off-chain-coin-swaps-by-freewallet-and-changelly, is it good? Will you recommend to use it? Maybe, you can advise some other good choice.
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