Freewallet logo

Freewallet

by Wallet Services · Since 2016
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ActiveAvailable globallyCloud
Quick facts
VendorWallet Services
Year launched2016
StatusActive
LocationPerth, Western Australia
Countries servedGlobal
Languages10
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Freewallet

Freewallet is a digital wallet software from Wallet Services that provides a platform for users to manage multiple cryptocurrencies. It includes features such as coin exchange, wallet creation, and secure storage, so users can handle their crypto assets efficiently. The app supports various cryptocurrencies, allowing for easy transactions and tracking of digital assets. Additionally, Freewallet offers a user-friendly interface, making it accessible for both beginners and experienced users. Key capabilities: coin exchange wallet creation secure storage multi-currency support user-friendly interface Best for: individual users and investors that need a convenient solution for managing their cryptocurrency portfolio.

Freewallet, developed by Wallet Services Ltd, has carved out a niche in the cryptocurrency wallet space by focusing on convenience, accessibility, and user experience. Launched in 2016, it has amassed a user base exceeding six million people globally, a testament to its appeal for those looking for a streamlined approach to digital asset management. At its core, Freewallet offers a cloud-based, custodial wallet solution that allows users to manage, exchange, and buy a wide range of cryptocurrencies. It supports over 100 digital assets, providing both a unified multi-currency wallet and single-currency applications tailored to specific coins. This dual-approach structure is particularly attractive to users who want either a broad portfolio manager or a focused, coin-specific experience. One of Freewallet’s most distinguishing features is its exceptionally user-friendly interface. The design is intentionally minimalistic and intuitive, aimed at removing the common barriers that often discourage newcomers from engaging with crypto wallets. The layout of the application ensures that essential functions like sending, receiving, and exchanging assets are easily accessible with just a few taps.

Pros & Cons

Pros
  • Simple and comfortable to use.
  • Supports over 100 cryptocurrencies and 1000 tokens.
  • Instant and fee-less transactions within Freewallet.
  • Security features include 2FA, pin code, fingerprint support, and cold storage.
  • Allows direct cryptocurrency purchases via credit card.
Cons
  • Custodial service—users don’t have control over private keys.
  • Higher transaction fees compared to some alternatives.
  • Multiple reports of accounts being locked and funds withheld.
  • Poor customer support, with complaints of aggressive interactions.
  • Some users claim Freewallet is a scam and have lost funds due to account restrictions.

Features

Key features

Multi-Currency Support with Dedicated Single-Currency Apps

Freewallet offers a single multi-currency wallet for 100+ assets, as well as dedicated single-currency apps for a more focused experience. This provides flexibility for different user preferences.

Fee-Free Transactions Within Freewallet

Users can send and receive cryptocurrencies instantly and without fees with other Freewallet users, leveraging their internal system.

In-App Cryptocurrency Purchases with Credit/Debit Cards

Freewallet allows users to buy various cryptocurrencies directly within the app using VISA or MasterCard, simplifying the acquisition process.

Cloud-Based with Multi-Signature Security

The wallet is cloud-based, offering account recovery via email, and employs multi-signature confirmation for each transaction, enhancing security.

Built-in Exchange for 100+ Cryptocurrencies

Users can seamlessly exchange between a wide variety of supported cryptocurrencies directly within the Freewallet interface.

Recovery Options and Account Protection

Unlike non-custodial wallets, Freewallet allows account recovery via email if private keys are lost and offers security features like 2FA, PIN code, and fingerprint support.

Additional features

Store and Manage Digital Currencies

Allows users to hold and organize their cryptocurrency portfolio.

Multi-Currency Wallet

Supports over 100 different cryptocurrencies in a single app.

Dedicated Single-Currency Wallets

Offers separate apps for individual cryptocurrencies for a more focused experience.

Available on Web, Android, and iOS

Accessible across multiple platforms.

Buy Cryptocurrency with Credit Card

Enables purchasing crypto using credit cards.

Built-in Exchange

Allows swapping between 100+ different cryptocurrencies within the app.

Instant and Fee-Free Transactions Within Freewallet

Transfers between Freewallet users are immediate and without fees.

Purchase via Credit Card

Facilitates buying crypto using credit cards.

Interface Translated into 13 Languages

Supports a global user base with multiple language options.

Multi-Signature Confirmation

Requires multiple signatures for each transaction, enhancing security.

Daily/Weekly Limits

Allows users to set transaction limits to minimize theft risks.

Coins Held in Cold Storage

The majority of assets are stored offline for enhanced security.

2FA, Pin-Code and Fingerprint Support

Offers various methods for securing the wallet.

Top Up Mobile Phone from Wallet

Allows users to recharge their mobile phone credit using cryptocurrency.

Range of Bitcoin Transaction Fees

Provides options for faster or cheaper Bitcoin transfers.

Real-Time Price Charts

Enables users to track the exchange rates of cryptocurrencies.

Cloud Based

User accounts are managed in the cloud, allowing for account recovery.

No Private Key Ownership (Custodial)

Freewallet holds the private keys on behalf of the users.

Account Recovery via Email

Lost accounts can be recovered through email verification.

Ability to Reverse Mistakes (Potentially)

Freewallet may be able to assist with reversing incorrect transactions, unlike non-custodial wallets.

Automatic Backup (Not Needed)

Account recovery is handled by Freewallet, so manual backups are not required.

Buy Gift Cards

Allows users to purchase gift cards with cryptocurrency.

Buy with a Card

Enables purchasing goods and services with a linked card (likely crypto-funded).

Track Transaction

Allows users to monitor the status of their transactions.

Request a Feature

Provides a channel for users to suggest new features.

Mnemonic Converter

A tool for converting mnemonic phrases (though the wallet itself is custodial).

FAQ

A section with frequently asked questions and answers.

Status Page

Provides information on the operational status of Freewallet services.

Submit a Ticket

Allows users to contact customer support for assistance.

Blog

Offers articles and updates related to cryptocurrency and Freewallet.

For Partners

Information for potential business collaborations.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
25
Billing currencies

Interface languages

EnglishFrenchGermanSpanishItalianPortugueseRussianChineseJapaneseKorean

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇨🇳CNY🇰🇷KRW🇦🇺AUD🇨🇦CAD🇮🇳INR🇷🇺RUB🇧🇷BRL🇲🇽MXN🇨🇭CHF🇸🇪SEK🇭🇰HKD🇸🇬SGD🇳🇴NOK🇹🇷TRY🇿🇦ZAR🇮🇩IDR🇵🇱PLN🇹🇭THB🇲🇾MYR🇹🇼TWD🇵🇭PHP

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