Rahakott Wallet Review: Anonymous Multicurrency Cryptowallet

About Rahakott Wallet

The Rahakott Wallet is an online wallet designed for ease of use, universal access, security, and speed which supports multiple cryptocurrencies. The team behind the wallet claims that over $30 million in various cryptocurrencies are currently stored in its proprietary wallets. The wallet uses a registration system featuring a mnemonic phrase and optional two-factor authorization.

The wallet was launched on November 12, 2017, and it claims that it has stored over $30 million worth of various cryptocurrencies in its proprietary wallets. Rahakott also has a unique registration system that uses only a mnemonic phrase to create an account in less than 20 seconds.

It’s time to take back your privacy!

1. Built-in mixer makes it impossible to track your transactions.
2. All wallets of the service are deterministic.
3. Ability to work in virtual tunnels such as Tor.

Rahakott Wallet Fees

The wallet is free to download and execute transfers between Rahakott Wallet users. The mixing and conversion service and network fees have minimum deposit requirements. The fees vary depending on the coin you use.

Minimum overall fee amount for an external transfer

Transaction Times

Transaction times will vary based on the network load of the coin you are transferring at that time, as well as the fee you have set during the mixing setup.

Transaction Limits

Transfers are limited to a number of confirmations and minimum transfer amounts. The mixing limit for BTC is 0.001 BTC to a maximum of 561.832 BTC.

Payment Methods

You can fund the wallet with any of the seven supported cryptos as well as USD and EUR. Fiat methods of withdrawal or deposit include bank wire transfers, cash deposit, Qiwi, Yandex.Money, WebMoney, AdvCash, PayPal, Western Union, and Credit card.

Supported Currencies and Available Countries

Rahakott Wallet currently supports the storage, transfer, and conversion of Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Zcash, Dash, and Monero. The fiat options supported are USD and EUR.

There are no mentions on their website regarding which residents can use the service, so we can assume that users from all countries are able to create an account and deposit their cryptos.

User Interface and Experience

Rahakott features a simple interface that is in line with most crypto wallet designs. After logging in, the first thing you can see is your balance in BTC, USD, or EUR, as well as your public address, address generator for payments, and transaction history.

A large deposit button is featured above your balance, which doesn’t perform any action, as it just displays the information on the page. By accessing the menu in the upper-right corner, you can perform actions such as sending.

Security

Hacking does not make sense

All the data on the servers is securely encrypted, even the developers cannot reach it. Rahakott Wallet only way to access your wallet – your mnemonic phrase.

Ability to set 2FA on your account.

The funds belong only to you.

The Wallet

Multicurrency – keep your funds in BTC, LTC (with Segwit support), BCH, ZEC, Dash and other popular cryptocurrencies. Registration takes literally 15 seconds. It does not require your email, phone number or even login and password. A mnemonic phrase* is automatically generated for you.

The mnemonic phrase is the key to your funds, the main thing is to hide it properly and not to lose it. After registration you can gain access to your funds literally in 15 seconds.

Why is Rahakott trusted?

Thousands of transactions are made every day by means of Rahakott. Throughout the existence of the service more than 20 million dollars has been transfered in Bitcoins. Prompt, instant and friendly support represented by the developers of the wallet.

Tips for securely storing your Rahakott Wallet

• Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
• Back it up. Maiar.com use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
• Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
• Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
• Update your antivirus software. Maiar.com care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
• Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website. So Please take care of your investments. and be in the safety site and avoid much losing online.