Since the government has blocked the major cryptoexchanges I am considering using Cwallet . Has anyone used Cwallet for receiving crypto payment, and how do the withdrawal fees compare with other wallets, especially Faucetpay?
Cwallet as an alternative to exchanges
- Thread starter neku
- Start date
Even though Cwallet promises cheap transaction fees, or only charges a blockchain fee, even easy swap crypto to PayPal, you should do a review, such as on Trustpilot or other sites.
The reviews are not very positive on Trustpilot. Have you converted your Cwallet balance to Paypal? If yes, did you have to complete kyc before withdrawing the crypto to your paypal account?
I don't have a crypto balance in Cwallet so I have never converted crypto to Paypal. I prefer to store crypto in well-known and secure wallets like Coinbase and Atomic wallet and I can also withdraw from Faucetpay to my wallet.
For Atomic wallet do you use the windows or smartphone version of the wallet. In case the smartphone is damaged or lost, how do you retrieve the wallet,is the procedure time consuming?
The first one I see talking about this platform, but there are several platforms that allow you to receive cryptocurrencies online, one example is payeer.
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I use both on a Windows desktop as well as an Android mobile phone, so if one breaks the other will still work. Before I used the Atomic wallet I had tested the seed phrase several times.
I am not really engaged in the crypto currency venture yet to look for exchanges for sure.
