Freewallet is a startup that creates mobile-first cryptocurrency wallets for iOS and Android devices. Currently, Freewallet provides mobile wallets for Bitcoin, Ethereum, Monero, Lisk, Dogecoin, FantomCoin, and other major 22 cryptocurrencies.
Freewallet was founded in January 2016. FantomCoin wallet was the first application. In July 2016, Bitcoin, Monero, and Ethereum wallets were approved by Apple and published on the App Market. On June 14, 2017, approximately, $8.5 million in Ethereum was re-allocated to a single address. Freewallet CEO later clarified that the move was planned from the start, and that the exchange moved user funds to cold storage.
Freewallet consists of 22 mono wallets on Android and 9 mono wallets on iOS for a total of 22 coins and tokens. Other products include the Multi Wallet app for managing multiple digital assets in a single place and the Token Wallet designated for storing, receiving and sending supported ERC20 tokens.
Multi Wallet is a multicurrency wallet that allows users to store over 30 digital assets in one place, cross-exchange them and withdraw to any crypto address.
Token Wallet is a dedicated app designed for storing, receiving and sending Ethereum-based tokens. There are currently 200+ ERC20 tokens supported in the app.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.