In the ever-evolving world of cryptocurrencies, choosing the right wallet is crucial. For a long time, I relied on Freewallet.org, which was known for its user-friendly interface and free services. However, my experience took a drastic turn on July 31, 2024, when Freewallet changed its fee policy.
The Unexpected Change
Freewallet.org, which was once a haven for crypto enthusiasts looking for a free and easy-to-use wallet, introduced a new fee structure that was nothing short of shocking. According to their updated policy, which can be found here, they now charge a staggering 50 USDT every month. This is an incredibly expensive fee, especially for those who use the wallet for smaller transactions or holdings.
The Unannounced Deduction
What made this situation even more frustrating was the lack of communication. Freewallet started charging this exorbitant fee without sending any warning email or notification. As a result, I found out the hard way when they deducted all my assets, which amounted to about 100 USDT. This was a significant loss, especially considering the sudden and unannounced nature of the fee.
A Cautionary Tale
If you are currently using Freewallet, I strongly advise you to switch to a different wallet as soon as possible. The new fee structure is not only expensive but also implemented without proper communication, which is a red flag for any service provider.
Their aim is clearly to steal assets of small users who do not often check their wallet.
For those who are not using Freewallet, consider yourselves lucky. My advice is to never use it. There are plenty of other reliable and transparent crypto wallets available that do not impose such hefty and unexpected fees.
Lessons Learned
Not your key, not your money.
In conclusion, while Freewallet.org might have been a good option in the past, the recent changes in their fee policy make it a risky choice. Protect your assets by choosing a wallet that prioritizes transparency and fairness.
Stay safe and informed in the crypto world!
