Guarda Wallet Review – 2025: Safe Wallet Wallet All You Need to Know!

You cannot overstate the importance of having a crypto wallet that is not exchange-based.

While wallets on central exchanges can be convenient, they also come with risks. These include hacking, security breaches, or possible restrictions to user accounts. This can lead to a loss of all funds or personal data.

Crypto wallets that are not centralized offer a reliable and secure alternative. These wallets reduce the risks of unauthorized funds access and third party breaches by allowing their users to independently store digital assets. Users can protect their assets and private keys by having complete control.

In this Guarda Wallet review, we'll tell you everything you need to know about this wallet, touch on its collaboration with Ledger, and give you the lowdown on its prepaid Visa card and various other products.

Check out our top picks of the best desktop wallets, mobile wallets, and hardware wallets before we start.

Guarda Wallet Review Summary

Guarda Wallet is a platform that allows users to securely manage a variety of cryptocurrencies including Bitcoin, Ethereum and others. Guarda guarantees that its users have full control with Guarda’s non-custodial method.

Guarda Wallet’s Key Features Include:

• Multi-Platform Software Wallet
• Take Crypto
• Cryptocurrency: Buy and sell
• Crypto Loans
• Token Generator
• Prepaid Visa Card

Guarda Wallet Overview

What are the benefits of a software wallet?

There are several reasons why software wallets for cryptocurrency management are popular.

• Simple Access to the Internet: You can download and install them whenever you want, giving you access to your funds wherever they are — as long as there is an internet connection. You can download and install them whenever you want, giving you access to your funds wherever you go — as long as you're online.
• You're the Boss: With software wallets, you're in charge. Your private keys are under your control, and no-one else will be able to touch your digital wealth without your consent. It's like having your own bank vault, but with easier access.
• Safety First Many wallets come equipped with security measures like two-factor verification or fingerprint scanning to protect your money from unwanted intrusions.
• Mix and Match You love variety. You can manage and store all of your favorite coins with a large number of wallets that support hundreds or even thousands different crypto currencies.
• Please keep it private: The software wallets are aware of the importance of privacy. They don't ask for your life story or personal info, so you can keep your financial business to yourself.
• Budget-Friendly: Best of all, many software wallets won't cost you a dime. They're often free or super affordable, making them perfect for anyone looking to manage their crypto without breaking the bank.
• Keep up to date: Software wallets, just like all our favorite apps, receive regular updates so that they run smoothly and securely. To ensure that your money is always safe.

What is Guarda Wallet Wallet

Guarda Wallet, a multicurrency non-custodial wallet supports a wide range of popular cryptocurrencies.

One of Guarda's primary functions is as an interface for direct interaction with various blockchain networks. When users create a wallet on Guarda, public and private keys for each supported currency are generated locally within the user's browser. Guarda will not be storing any passwords or private keys. This allows users to have full control over their funds.

It offers basic functionalities like sending and receiving cryptocurrency, tracking transactions history and allowing users to access built-in asset exchanges. Additionally, users have the option to purchase cryptocurrencies with fiat currencies and participate in staking activities for select coins, enabling them to earn rewards by contributing to a blockchain's consensus mechanisms.

Crypto is an industry that has a high rate of scams and hacks. Guarda uses AES and other robust encryption algorithms to protect user data. Guarda Wallet is compatible with Ledger’s dedicated off-line storage devices (Nano X, S Plus and S Plus).

What Cryptocurrencies does Guarda Wallet support?

Guarda supports over 400,000 cryptocurrencies, which means whatever niche token you're looking to safely store, Guarda can likely take care of it. Along with mainstream coins, Guarda also allows you to store:

• Expanse
• Aryacoin
• Bithereum
• Creamcoin
• Gulden (NLG)
• Ravencoin RVN

Guarda’s vast coverage is not limited to this small sample.

Guarda Token Creator

The Token Creator by Guarda Wallet provides users with a streamlined process to generate ERC-20 tokens, which are compatible with Ethereum's blockchain.

With this service, the user can name his token, specify its total supply and launch the contract with just a few clicks. Guarda checks the ERC-20 standard compliance of smart contracts to ensure their security. All users receive 24/7 support for the entire token creation procedure.

Guarda's service is not free, however. A service fee can be paid using cryptocurrencies from the wallet.

After the tokens have been generated, they can be listed on platforms such as Uniswap. It is a protocol for decentralized exchange based upon Ethereum smart contracts. Integration into the decentralized financial (DeFi), ecosystem becomes possible.

Guarda Wallet Staking

Guarda Wallet allows you to stake up to 14 different crypto-assets. There are many coins, including Ethereum, Cardano Tron.

Here's a full list of coins you can stake via Guarda.

Guarda Wallet Loans

Guarda’s crypto loan service allows users to borrow assets like USDT or stablecoins using cryptocurrency as collateral. It is a rapid process, as loans are usually processed in 15 minutes. Collateral can be released an hour later, depending on how quickly deposits come through and the conditions of network.

The interest rates on loans are between 12% and 17%, giving borrowers a competitive rate range while allowing them to manage their assets. You can select to lend stablecoins and other supported cryptocurrencies such as BTC. ETH. DOGE. The loans can be used to access liquidity, make purchases using stablecoins or other purposes.

Starting is easy. Just pick your preferred collateral from a wide range of cryptocurrencies, confirm your loan amount, provide a payout address and boom — you're good to go! Users receive collateral within 15 minutes after the loan has been repaid.

And don't worry about hidden fees — Guarda keeps it transparent with a simple 10% service fee. Also, the collateral you provide is protected, since automatic liquidation will only occur if it falls below certain levels.

Guarda Wallet Charges

Users do not incur fees for utilizing the platform's services. However, certain actions are charged.

• Transfer: Users are subject only to the network fee when transferring money between addresses on the same blockchain. This is charged by the network. Here's a complete guide to crypto network fees.
• Exchange: Exchange fees are determined by Guarda's exchange partners and typically amount to approximately 0.5% per transaction. In addition, the user is responsible for network charges. This fee is already included in the rate of exchange displayed to users.
• Buy Crypto For fiat-to-crypto and crypto-to-fiat transactions, fees are determined by Guarda's partners and can range from 2% of the transaction value downwards based on transaction volume.

The Drawbacks to a Software Wallet

Software wallets can be a great way to manage your cryptocurrency, but they have some quirks that you should know about:

• Internet Dependency: Since they're online, you'll need an internet connection to access your funds. So, if you're away from civilization, you will run into trouble getting to your crypto stash.
• Safety Concerns Even though software wallets come with built-in security, they can still be susceptible to hacking and malware.
• Hazards of Devices Your wallet is also at risk if your device is lost, damaged or stolen.
• Tech Glitches: Software wallets are sometimes glitchy and buggy. This can cause headaches.
• Limit Support Some software wallets do not support all crypto currencies, and you may be unable to keep all of your favorite coins together.
• The User is Responsible: Great power brings great responsibility. Since you control your private keys, there's no backup if you forget or lose them.

Guarda Visa Card

Guarda has a pre-paid crypto card available both in virtual and physical formats. It is accepted worldwide as it’s a Visa card. Upon activation, users receive a €20 bonus.

With Guarda's prepaid Visa card, users can easily withdraw cash from ATMs worldwide, facilitating convenient access to their funds whenever needed. Guarda also guarantees fast delivery.

Cardholders can choose from a wide range of cryptocurrencies including BTC, ETH ADA BCH TRX and many others. Guarda's prepaid Visa card can be ordered and activated in select regions across Europe.

Here's what the fees for this card look like:

• For users in the EU zone, the initial top-up amount must be a minimum of €10
• Issuing a plastic payment card incurs a fee of €20.00, while issuing a virtual payment card costs €15.00
• A monthly service charge of €3.00 per card is applicable
• Balance inquiries at ATMs (not applicable for virtual cards) are charged at €0.47
• ATM withdrawals (not applicable for virtual cards) incur a fee of €1.90 plus 2.5% of the transaction amount
• Successful POS transactions are subject to a fee of €0.20
• Account funding through card-to-card transactions results in a fee of €0.99
• The markup on foreign exchange is 2.5%
• A 1.5% fee is charged for card load transactions
• A cancellation fee of €25 applies

There are also certain restrictions on the cards.

• ATM withdrawals have a daily limit of €500 and a monthly limit of €2,500.
• Other transactions have a daily limit of €2,500 and a monthly limit of €5,000.
• Online transactions also have a daily limit of €2,500 and a monthly limit of €5,000. 

These are the best crypto debit cards we’ve found.

Guarda Wallet x Ledger

Guarda has teamed up with hardware wallet maker Ledger to create a secure and convenient solution for users. Ledger uses advanced encryption to protect private keys. This ensures that only their rightful owners can authorize and access transactions.

Guarda complements Ledger's security features with its user-friendly interface and extensive functionality. Through Guarda's platform, users can interact with their Ledger devices, viewing real-time balances, transaction histories, and managing their cryptocurrency portfolios.

Guarda allows users to exchange, stake, and send cryptocurrencies from their Ledger Hardware Wallets. For Ledger to be connected with Guarda, the user must have a browser that supports 2-factor authentication, like Chrome, Firefox or Opera.

Assets that can be supported are:

• Bitcoin
• Ethereum
• Binance Coin
• Ethereum Classic
• Litecoin
• Callisto

Guarda Wallet Review : Final Thoughts

Guarda Wallet offers a flexible and secure way to manage many cryptocurrencies. Its non-custodial solution allows users to retain complete control over their money, and reduces the risks of centralized exchanges.

Guarda's collaboration with Ledger enhances security further, while features like staking, crypto loans, and the prepaid Visa card offer added flexibility and convenience. Despite some drawbacks inherent to software wallets, Guarda's robust encryption algorithms and user-friendly interface make it a compelling choice for both novice and experienced crypto enthusiasts.

Whether you're looking to store, trade, stake, or spend your digital assets, Guarda Wallet proves to be a reliable companion.

Common Questions

What is Guarda Wallet Wallet

Guarda Wallet, a multicurrency, non-custodial cryptocurrency wallet, allows its users to store, transact, and manage digital assets in a secure manner.

Guarda Wallet: How secure is it?

Guarda Wallet utilizes AES and other robust algorithms to secure user data. It also uses a noncustodial method, which ensures that the user retains full control of their funds and private keys.

What cryptocurrencies can I use with Guarda Wallet?

Guarda Wallet can support over 400,000 cryptocurrencies. Popular options include Bitcoin (BTC), Ethereum(ETH), Binance Coin BNB, Litecoin LTC (and many more). The app allows you to manage and create your own tokens.

Can I stake cryptocurrencies using Guarda Wallet?

Guarda Wallet does offer staking for selected cryptocurrencies. This allows users to earn rewards through participation in consensus mechanisms on supported blockchain networks.

What is the process for obtaining a prepaid Visa Card from Guarda Wallet?

Select regions in Europe offer prepaid Visa cards that can be ordered and activated through Guarda Wallet. This card is compatible with multiple cryptocurrencies, and allows for seamless global transactions.