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Guarda Wallet Review | Is Guarda Wallet Reliable? Is It Safe or a Scam?

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Summary:Is Guarda Wallet reliable? This article thoroughly analyzes Guarda Wallet's features, security, and compliance, comparing it to Coinbase Wallet, Trust Wallet, MetaMask, and more. Combining user feedback and risk warnings, we answer the questions: "Is Guarda a scam? Is it safe?"

1. Brand Background and Development History

1. Company and Origin

  • Company entity : GUARDA OÜ (Estonian registered company)

  • Launched : 2017

  • Positioning : Non-custodial, multi-platform wallet, emphasizing user privacy and multi-asset management

  • Team Features : European team, focusing on compliance and GDPR data protection

2. Product form

  • Desktop app (Windows/Mac/Linux)

  • Mobile app (iOS/Android)

  • Web wallet (no download required)

  • Browser plug-in (compatible with EVM chain)

  • Hardware support : Ledger, Trezor

3. Market Position

  • It is considered as an alternative to Coinomi in niche circles in Europe and the United States

  • Because of its emphasis on privacy and cross-platform, it is more popular among users who value anonymity.


2. Functions and User Experience

1. Multi-asset support

  • Supports 400+ cryptocurrencies (BTC, ETH, BNB, LTC, XRP, ADA, DOT, SOL, etc.)

  • Supports token standards such as ERC-20, BEP-20, and TRC-20

  • Built-in NFT management functions (ETH and Polygon)

2. DApp and DeFi support

  • Supports WalletConnect , which can be connected to DeFi and GameFi

  • Built-in staking function , supporting ATOM, XTZ, DOT, ADA, etc.

  • Provide partial cross-chain transfer function

3. Built-in exchange

  • Integrate Changelly and Simplex to support fiat currency purchases and crypto-currency exchanges

  • The transaction fee is higher than that of the exchange, but it is more convenient

4. User Experience

  • The interface is clear and the experience is consistent between mobile and desktop.

  • Multi-language support (including Chinese)

  • Compared to Trust Wallet, it has a smaller user base and limited community resources.


3. Security and Compliance

1. Security Architecture

  • Non-custodial wallet : private keys and mnemonics are completely controlled by the user

  • Encrypted storage : AES-256 encryption

  • Hardware wallet support : Ledger and Trezor

2. Security Incidents

  • No major hacking attacks by 2025

  • Risks mainly focus on fake apps and phishing

3. Compliance

project Condition
Company Entity GUARDA OÜ (Estonia)
Regulatory filings Compliant with EU GDPR data protection
Financial license No global regulatory license
risk Lacks strong regulatory backing and is less compliant than Coinbase

4. User and Media Reviews

1. Media Comments

  • CoinTelegraph : "Guarda offers a Coinomi-style multi-asset experience, extended to a web wallet."

  • Decrypt : “Privacy-friendly, but with a small user base.”

  • Bitcoin.com : “Suitable for multi-platform users, but lacks ecological resources.”

2. User Feedback

  • front :

    • “Cross-platform is very convenient.”

    • “The supported currencies are rich enough.”

    • “The interface is simple and easy to use.”

  • Negative :

    • “Community resources are limited.”

    • “There’s not enough transparency in compliance.”

    • “The built-in exchange rate is high.”

3. Case

Some Reddit users reported that it was smooth to switch between using Guarda as a desktop and web wallet, but they still kept large amounts of funds on Ledger.


V. Risk Warning

  1. Insufficient compliance : lack of international licenses

  2. Limited user base : weak updates and support

  3. High built-in exchange rate : not suitable for frequent large-value transactions

  4. Fake App Risk : Must download from the official website


6. Competitive Comparison

wallet Advantages Disadvantages
Guarda Multi-platform, privacy-friendly, and supports multiple currencies Small number of users and high rates
Coinbase Wallet Strongest compliance and exchange integration Insufficient multi-chain support
Trust Wallet Binance endorsement, comprehensive multi-chain The plugin is weaker than MetaMask
MetaMask EVM default entry Non-EVM chains are not supported
Exodus Beautiful UI, suitable for beginners Not open source, high swap fees

VII. Summary

Guarda Wallet is a privacy-focused, multi-platform, non-custodial wallet suitable for users who seek a cross-platform and decentralized experience.

  • Advantages : multi-chain, multi-platform, privacy-friendly

  • Disadvantages : Small user base, insufficient ecosystem, limited compliance transparency

Summary in one sentence :
Guarda Wallet is an upgraded alternative to Coinomi, but its overall ecosystem and user base are still not enough to compete with mainstream wallets.


8. Multi-dimensional Rating (out of 10 points)

  • Security: 7/10 — Non-custodial, overall secure

  • Functionality: 8/10 — Multi-platform, multi-chain, staking

  • User Experience: 7/10 — User-friendly interface, but small ecosystem

  • Compliance: 6/10 — Registered in Estonia, lacks strong regulation

  • User reputation: 7/10 — average community rating

Overall score: 7.0/10


IX. Contact and Support


✅Final conclusion :
Guarda Wallet performs well in terms of functionality and privacy protection and is an upgraded alternative to Coinomi, but its ecological influence is limited and it is more suitable for multi-platform users and investors with high requirements for privacy.


Guarda Wallet Review | Is Guarda Wallet Reliable? Is It Safe or a Scam?

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