DAOWallet logo
DAOWallet logo

DAOWallet Review 2023 - Is It Safe?

Contact
Country: Estonia
Launched: 2017
Expert Review
Jun 02, 2020

DAOWallet is a non-custodial cryptocurrency wallet that allows users to store and manage their digital assets in a secure manner. The wallet was created by DAO, a decentralized autonomous organization, to provide a platform for users to interact with decentralized applications (dApps) and decentralized exchanges (DEXs) on the blockchain.

Key Features

Non-custodial: DAOWallet is a non-custodial wallet, meaning that the user holds the private keys and has full control over their assets. The wallet does not store any of the user's private information, ensuring the highest level of security.
Interoperability: DAOWallet is designed to be interoperable with different blockchain platforms, allowing users to easily manage their assets across different networks.
Easy to Use: The wallet has a user-friendly interface that makes it easy for users to manage their digital assets. The wallet also has built-in support for decentralized exchanges, making it simple to trade assets.
Multiple Assets Support: DAOWallet supports a wide range of digital assets, including cryptocurrencies, NFTs, and stablecoins. This makes it an ideal wallet for users who hold a diverse portfolio of assets.

Security

Private Key Management: DAOWallet implements strong private key management to ensure that the user's assets are secure. The user holds the private keys, which are encrypted and stored locally on their device.
Two-Factor Authentication: The wallet supports two-factor authentication to provide an additional layer of security for the user's assets.
Regular Security Audits: DAO regularly conducts security audits on the wallet to identify and fix any vulnerabilities.
Cold Storage Option: DAOWallet also provides a cold storage option, which allows users to store their assets offline for maximum security.

Compatibility with Decentralized Applications and Exchanges

DAOWallet is designed to be compatible with decentralized applications (dApps) and decentralized exchanges (DEXs). This allows users to easily interact with these platforms, making it easy to trade, manage, and store their assets. The wallet integrates with popular dApps and DEXs, such as Uniswap, SushiSwap, Aave, and more.

User Feedback and Community Engagement

DAOWallet has a strong community of users who are actively engaged in the development and growth of the platform. The team regularly communicates with the community and gathers feedback from users to continuously improve the wallet. The wallet has received positive feedback from users for its user-friendly interface, strong security measures, and compatibility with dApps and DEXs.

Conclusion

Overall, DAOWallet is a reliable and secure cryptocurrency wallet that provides users with a simple and easy-to-use platform for managing their digital assets. With its non-custodial design, strong security measures, and compatibility with dApps and DEXs, DAOWallet is a great choice for users who want to securely manage and trade their assets on the blockchain.

Our Score
Security 4 / 5
Support 4 / 5
Ease of use 5 / 5
Reputation 3 / 5
Fees 4 / 5
Our Score
4.0 / 5
Pros and Cons
pros

- Easy to use
- Decentralized

cons

- Not very popular
- User complaints

banner-image
Write review
Rating
Please choose your rating.
Your review

Leave your review about DAOWallet here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews
Frank Joseph Warner 20 February 2021
1.0

Not usable no support Coins stuck and cant remove... Looks like a scam beware

steve 6 March 2020
5.0

Very beautiful interface and you can find everything you need without any problems. One of the best wallets in crypto!

Denis 5 March 2020
5.0

good wallet for token swap and b2b side is also hightech

Country: Estonia
Launched: 2017

List of coins

Similar companies
Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.
Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.
Exodus is a top-tier multi-cryptocurrency wallet with rich opportunities for personalization and numerous available features. It was founded in 2016 with the idea to provide crypto beginners with a convenient tool to handle their coins. There is no sign-up or maintenance fee charged for its use.