New EOS Wallet Charges No Transaction Fees

Freewallet, the third most popular online wallet for Android devices, has just announced a new EOS wallet. The new wallet will support multiple currencies apart from EOS, but its most important feature is that it will not charge any fees for transferring EOS coins or exchanging them for other tokens.

The new wallet will be available for Android and iOS users alike, and it can be used for storing, receiving, or sending EOS coins. Also, all transactions are completely fee-free, which is a large improvement when compared to many other wallets.

Additionally, the wallet will reportedly support almost any cryptocurrency. That way, all coins can be exchanged for one another in a single place, without having to go to specific exchanges. Furthermore, Freewallet also allows users the ability to swap ERC-20 EOS for the new EOS coin, which is native to EOS blockchain.

Exchange EOS ERC-20 tokens via the new EOS wallet

While EOS has launched its MainNet months ago, on June 1st, there are still EOS holders that have yet to exchange old EOS tokens for the new ones. This is why Freewallet’s founder and CEO, Alvyn Hagg, announced that EOS ERC-20 tokens that were held on Freewallet got swapped for the real EOS coin automatically. The ability to swap the coins on the new wallet as well is included for those users who held their old EOS tokens elsewhere.

Freewallet is known for being very user-friendly, and so far, it supported numerous coins, including Bitcoin, Litecoin, Ethereum, Dogecoin, and even Monero, in addition to numerous others. It was first released in January 2016, and since then, it expanded to include Multiwallet, 9 single-currency wallets for iOS, as well as 22 single-currency wallets for Android.

With the addition of a new EOS wallet, Freewallet continues to attract attention and interest from a lot of users. The new wallet will serve as a one-stop shop for numerous cryptocurrency traders, as well as for all EOS. It will certainly make trading easier, and the team’s current goal is to reach, and possibly even beat, MyEtherWallet, a cryptocurrency wallet centered around Ethereum (ETH).

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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