NOW Wallet Review – Why Risking Money With Offshore Exchange?

One of the first things that rings the bell with traders is the fact the company is incorporated offshore. Since Saint Vincent and the Grenadines is known as a nest for swindlers, you might speculate why is this company registered there.

However, many things can solve the mystery in case you wonder if they are legit. To find out all the details that will help you make a decision, read this NOW Wallet review carefully.

Who Runs NOW Wallet Company?

One of the positive things about this company is legal transparency. The ownership of this firm belongs to CHN Group LLC, a company registered in Saint Vincent and the Grenadines. This detail would be problematic if the company needs DASP/VASP licenses. 

However, they provide non-custodial crypto wallet and exchange services. This means traders are responsible for keeping private keys safe. Thus, traders should be wary of phishing wherever they are. Some companies might require them to connect their wallets to transfer and swap cryptos, but that’s the moment they can gain full access.       

What Do Traders Say?

Quite surprisingly, there are not many NOW Wallet reviews publicly available, even though the company has been around since 2021. Even the few you can find can’t help you make a proper conclusion about the company’s legitimacy. However, if you look at the Reddit platform, which is frankly helpful nowadays, the situation is different. 

It appears many traders experienced issues when swapping cryptos on this platform. Generally, that’s not a good sign. Still, it’s up to you if you will trust this company or not. But to get more clues about trading safety, we recommend you to read our Monte Verde and Parker Prime reviews.

Available Desktop and Mobile Apps

One of the very positive details about the company is the availability of the NOW Wallet app for all platforms. Starting with desktop ones like Windows, Linux, and MacOS. These apps allow traders to securely trade, stake, and swap cryptocurrencies, but also NFTs. 

When it comes to mobile apps, the company covers iPhone, Android, and Huawei users. Thus, with only a bit over 50K downloads on PlayStore, it’s clear this platform is not among the most popular ones. 

Also, with the option to connect with dApps on different blockchains, you raise the risk of exposing your private keys. So, be careful if you are doing it. 

Supported Cryptocurrencies

Whether you opt for NOW Wallet staking or exchange features, the list of available assets is quite solid. With more than 1,000 coins, anyone can find a suitable investment option. 

In any case, traders may choose assets from 40+ blockchains, starting with:

• Ethereum
• Polygon
• Fantom
• Algorand and many more. 

On top of that, with NOW Wallet NFTs availability, traders have even more options to make profits. Most importantly, you can buy and sell them directly from the wallet app. 

How To Get In Touch With Company?

One of the worrying details here is the NOW Wallet support options. This is primarily because the company doesn’t offer any quick feedback contact option, such as a phone or even a live chat. 

Instead, you can write a ticket, send an e-mail, or try reaching them via the Telegram channel. Yet, without any working hours revealed, you can wait for a response forever. We honestly hope that’s not the case. 

Summary of Pros And Cons

Even though the company operates as a non-custodial wallet and exchange provider, its services are not the most popular ones. On the positive side, the company provides dedicated apps for all platforms, a wide range of trading options, and direct buying and selling with credit card and bank accounts. 

However, with all the user reviews pointing out missing NOW Wallet tokens, traders might wonder if it’s worth the trouble. In the end, every user will most likely have a bit different experience. More or less good. That’s why knowing what investment options to choose makes a big difference.

Is There a Good Alternative to NOW Wallet?

In terms of crypto trading, there are far more reliable options. Thus, connecting your wallets online is always speculative, especially with closed-source platforms. Instead, we suggest you stick to licensed crypto exchanges to avoid any surprises. Also, a more and more popular option nowadays is prop trading. 

Companies such as UK Funded Trading Plus gained quite a good reputation for their services. In fact, more than 2000 users on Trustpilot reported profitable and satisfying experiences with this company. The primary benefit of prop trading is that there is no risk of losing your money in the market. These firms offer evaluation challenges, and this way, they are finding profitable traders.

Once you get into the funded phase, you can get up to a $200k balance in the virtual account and get up to a 90/10 profit split. On top of that, there are a lot of giveaways and promotions with Funded Trading Plus that keep them on the top of the ladder among prop firms. Sign up today and explore the world of possibilities in trading without the risk of losing your capital on the market.

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