Rating: 4/5

Guarda Review

With Guarda, you can earn with staking, getting crypto loans, and exchanging at the best rates. All of which can be done with comfort just from an app. In the business world, traders are particular about how crypto can serve a whole lot of purposes. Guarda is a digital wallet that has been able to serve a wide range of customers. Similar to a Guarda is Youhodler and nexo io.

Guarda possesses the ability to achieve more profit and manage several blockchains. The idea behind Guarda is to create a method that allows people to leverage software to store and manage cryptocurrencies with ease. It is a multi-currency wallet that supports over 60 blockchains (coins) and more than 400,000 assets.

You are free to choose the finest blockchain that meets your demands and requirements with Guarda. You can get by with only having a connection to the Internet. Also, the wallet’s ability to buy more cryptocurrencies and even swap them makes it a one-stop shop for all of a user’s cryptocurrency needs.

What is Guarda

Guarda is a secure cryptocurrency wallet for storing and exchanging digital currencies. The wallet’s multi-platform nature ensures that it’ll work just as well on your desktop, laptop, mobile phone or tablet. With a Guarda wallet, customers can access currencies through a built-in exchange service and fasten crypto transactions. Coins from a variety of Ethereum, Tron, Cardano, Qtum, Ontology, Harmony, Tezos or Cosmos can also be staked.

What is Guarda

Guarda has managed to stay a top choice amongst investors online. It runs a system that functions on a desktop, mobile phone, web, and Google Chrome Browser for interacting with digital assets. This system also encourages Guarda staking.

Users are comfortable when they are not required to state any personal information or complete an identity check to open a wallet. Guarda wallet just has a highly reliable security feature which makes it one of the most secure wallets online.

What services does Guarda provide?

Guarda offers an interesting number of features to its consumers to meet their needs.

  • Availability of Blockchain Domains

Human-readable addresses are more like an Instagram or Twitter handle, or your email address, in that they are easier to remember and transmit, unlike the complex strings of characters used by most blockchains. These addresses work with any cryptocurrency. All you need to do is provide anyone with your blockchain domain address instead of providing a public address for each crypto.

blockchain domain

Unstoppable Domains, FIO Protocol, ENS, and CRUX are examples of Human-readable address providers whose addresses Guarda Wallet can communicate with, effortlessly. All you have to do is buy a blockchain domain from one of the businesses listed above and link your new HRA to Guarda Wallet.

  • Consumer Lending

Crypto loans are allowed through the Guarda platform. With low annual interest, the loan can be gotten in both USDT and USDC. Your crypto that has been saved on the app would serve as collateral. Such needs sometimes, arise during emergencies.

guarda loans

  • Allows exchange of cryptocurrencies

Guarda serves as the fastest means of exchanging crypto-assets without delay and registration. It allows crypto exchange in the market and a good part of it is that there are no limits to making the exchanges. You are allowed based on your needs. Also, exchanges can be made within a few minutes thereby, saving your time.

crypto exchange

  • Compatible with Ledger hardware wallets

Speaking about the private keys which help to keep the account secured; there is a ledger attached to it. This ledger is a highly secured hardware wallet that protects the private keys to all your assets. The activation of the ledger is done by the user on any device chosen. Through this, transactions cannot be sent without confirmation on that particular device. However, note that the ledger hardware wallet will not import or export your assets. It is a more secure means to keep them safe.

Crypto borrowing

The whole idea of crypto borrowing is to allow consumers to borrow loans either in cash or crypto by offering cryptocurrencies owned by them as collateral. The crypto coin is still owned by the consumer at this point but cannot be used for any means of transaction during the lending period. The normal duration of providing loans and releasing collaterals is 5-10 minutes.

The first thing to do is to take note of all the stated terms and conditions of the loan to understand the interest involved and when the loans can be accessed. You can borrow 50% of the value of your digital assets. Also, not all your crypto assets are necessarily going to be collateral. It depends on the amount if it’s a part or whole.

All that is required to do is check the crypto loan section on the Guarda platform and press “Get a loan”. Afterward, you will be directed and all will be sorted out.

Guarda is a world where cryptocurrency is the standard payment method. Also, a great investment opportunity has been attached to it. The longer assets are saved, the higher the interest values develop.

What cryptocurrencies does Guarda support?

As previously mentioned, Guarda is capable of supporting more than 60 blockchains (coins) and over 400,000 assets.

Guarda supports a wide range of cryptocurrencies including Bitcoin, Ethereum, Dogecoin, Binance coin, Cardano, Tether (USDT) and USDC. As one of the XRP earning sites, Guarda supports Ripple (XRP), Bitcoin Cash (BCH), etc. They also give Litecoin (LTC) loans. These are similar to currencies listed on Coinrabbit review releases.

Not all, but more are Vertcoin (VTC), Vechain (VET), Apecoin (APE) and Stellar (XLM).

cryptocurrency.jpg

There are also the types of Cronos (CRO), Decentraland (MANA), Hedera (HBAR), Sandbox (SAND), Waves (WAVES), KuCoin (KCS), Chain Link (LINK), Tron (TRX), and BitTorrent (BTT). All and many more others are samples of cryptocurrencies that can be traded on Guarda. Meanwhile, the above-mentioned cryptocurrencies are most used on the platform, which supports multiple assets for just a collateral deposit.

Fees

The first thing to remember about transactions is that they always come at a fee. Just like fiat transactions, cryptocurrency transactions also attract certain sums. You may be familiar with fees if you’ve ever done fiat bank transfers. In actuality, the fee for a Bitcoin transaction is identical to bank fees, but the execution differs. It’s crucial to realize that this fee is calculated differently depending on which cryptocurrency is being used. Hence, while the fees for a cryptocurrency might be relatively higher, another might be lower in comparison.

Guarda Wallet

A wallet on Guarda allows you to manage your cryptocurrencies. The most popular coins supported are ETH, BTC, LTC, and others. The purpose of the wallet is to enable consumers to view transaction history, receive and send cryptocurrencies, purchase with fiat, and create a wallet backup. With the Guarda wallet, you get a public address that can be sent to anyone. It enables users to buy, store and use hundreds of cryptocurrencies.

Guarda mobile & web services

Guarda can be set up on a mobile (iOS and Android) as well as a computer (Windows, Mac, and Linux). The Guarda app is available on Apple App Store (iOS), Google Play Store (Android) or Huawei AppGallery, all you need to do is download the app and install it.

App and Mobile

Also, Guarda is available on computers which include a desktop software application and a Google Chrome extension.

So, if you are free to use either a mobile or a computer system, then you are good to go.

How to create a Guarda account

Creating and owning a Guarda account can be sorted with just a few steps. Install and open the “Guarda” app on your device. Create a new wallet. Get the chance to use secure passwords or make use of face or touch ID. Make sure to read the security information and your Guarda wallet has been created. Save the backup file of your wallet when prompted to do so. The backup, like your password, should be kept secure and ideally, offline.

Is Guarda Wallet Safe?

The provision of multiple security features and private keys encrypted is the best option to settle for. Also, the private keys are only known to the users. Therefore, there can only be a single access to your account. All user data is known only by the user. In short, Guarda has no claim over personal information, enabling the user to be the only person to manage their cryptocurrency. This is unlike other crypto wallets such as Nexo io where a third has access to your private keys as the wallet provider.

Guarda Wallet, on the other hand, is a light crypto wallet, which means that your computer does not fully verify that the rules of all cryptocurrency networks supported by the wallet are followed.

Contact and Support

There is always a need for you to reach out to the website either for more information or clarity on some questions. There is an available customer service where your complaints can be submitted. This service is available 24/7 and is top-notch.

If you need to contact Guarda’s customer service team, you can reach them through their email address (support@guarda.com), the widget on their website, or via Telegram.

All important information is stated on the website above, including the headquarters address:

Portugal, 1050-134 Lisboa,

Rua Latino Coelho, Str. 87.

Conclusion

To ensure you securely manage your crypto, Guarda has all the means of serving and providing you with utmost comfort. A multi-platform leading engagement of ensuring a wide range of receiving, managing, storing, exchanging, staking varieties of blockchains. You earn, borrow and also lend using Guarda. However, take note of all provided information about this platform and find your journey easy and smooth. Guarda is worth giving a chance.

Author: Rudolph Taylor
Site Editor at CoinLive.io
Rudolph Taylor is Editor-in-Chief at Coinlive.io which is located at Wymondham in Norfolk, United Kingdom. His main job is writing about cryptography to keep his readers updated on current trends and industry news in detail. Rudolph has been able to achieve this in the past few years by providing well-structured write-ups.

Frequently Asked Questions

1. Is Guarda Legit?

In response to this, the app has no official record of negative attacks, proving it has served well over time. Guarda is a registered enterprise with the Legal entity ID whose office is located in Portugal. Guarda, which was founded in 2017, has obtained a license to provide virtual crypto services with license number – FVT000200. Therefore, we say it is legit.

2. How does a Guarda wallet work

A Guarda wallet allows an efficient way of storing crypto with various means of blockchains. Users operate from any device and the app supports over 60 cryptocurrencies. You can deposit and play with the cryptocurrencies on the Guarda wallet. Guarda wallet allows users to easily import cryptocurrencies stored on other wallets.