With over 2,000 cryptocurrencies in the market today, there is a need to use the best multi-currency crypto wallet to store these assets. One of such is WestWallet, a platform that supports most of the popular cryptocurrencies by market capitalization. WestWallet allows you to store, send, and receive digital assets safely while offering a range of features that make it easier to manage your funds.
WestWallet is owned by WestGroup Inc, a company registered in the EU. According to its website, WestWallet processes over 30,000 transactions daily, and 734 websites are using its API to receive crypto payments instantly. On the same note, about 4,500 users are already taking advantage of the platform to either store their funds or send and receive swift payments.
Benefits of WestWallet
So, what does the WestWallet offer that gives it an edge in the competition with similar crypto wallets? The key benefits of WestWallet, which have been outlined below, will provide you with an insight.
1. Simple and Quick Registration:
Whether you’re new to the cryptocurrency space or you’ve been around for a while now, the WestWallet is quite easy and straightforward to use. Its intuitive user interface makes it easy to register and set up a wallet. Much more, a customer support system has been put in place to ensure that your complaints and inquiries are handled on a timely basis.
2. Wide Support for a Range of Cryptocurrencies:
WestWallet supports a range of cryptocurrencies, including Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, Bitcoin SV, Ethereum Classic, Stellar, etc. As such, you can store more than one digital currency in this wallet. It, therefore, makes it easier for you to manage your portfolio from the same place.
3. Enhanced Security:
This multi-currency crypto wallet mandates that the user enters a 2-step authentication before payments are sent from their wallet. What this does, is to ensure that unauthorized users who may have gained access to your wallet, are unable to steal your funds. For this reason, you are solely responsible for the movement of funds out of your wallet.
4. Speedy Transfers:
You can send cryptocurrency from the WestWallet cryptocurrency wallet to another user of this wallet. The good thing is, this will be an instant transfer that does not require network confirmations before the recipient is credited. Bitcoin transfers are also speedy, thanks to this wallet’s support of the Segwit Bech32 standard.
5. Low-cost Transfers:
There are no charges when transfers are made between users of WestWallet. In contrast, the commission is low for transfers between WestWallet and wallets on other platforms. While that may not sound like much, it could translate into huge savings if you are always moving funds in and out of your wallet during the day.
6. Smart Integration on Website:
Receiving Bitcoin as payments from your customers is easier using WestWallet API. This API can be integrated into your website to enable you to accept crypto payments for the products and services you offer. That being the case, you do not have to rely only on traditional payment services like PayPal, Visa, etc. to receive payments. The developers of this wallet claim that you can withdraw your funds every day of the week.
7. Smart Integration with Telegram:
WestWallet also offers you the opportunity to integrate a crypto wallet with Telegram. Consequently, you can gain full access to your wallet right from this messenger’s interface. And the best part, sending and receiving payments becomes a breeze since they will be made from the same messenger used for chatting. What’s more, you get to receive alerts of all transfers to your cryptocurrency accounts on Telegram.
8. Savings on Interest with WestWallet Pro:
There are the WestWallet and its Pro version. With the WestWallet Pro, commercial, and corporate users who make large amounts of transactions can pay a fixed fee each month. As a result, you are not bound to a percentage of your turnover in return for payment. All that is required is to sign up, activate the WestWallet API, and you can pay the network commission without a percentage service commission.
It is essential to store your cryptocurrencies in a multi-currency wallet that enables you to access them conveniently. And that’s what the WestWallet offers. On the other hand, it is even more important to use a wallet that will ensure that your funds are as safe as possible. It’ll be less susceptible to an attack, and therefore, give you the confidence that you won’t lose your funds.
WestWallet also has a European license and is a property of WestGroup Inc, a company registered in the EU.
– Company Registry Code: 14767403
– License: FRK001000 )
That being so, WestWallet is one of the few wallets you should use today to manage your crypto assets.