About QumoWallet
QumoWallet is an efficient and trustworthy digital wallet created for managing currency transactions, exchanges, and online payments. The primary objective of the platform is to cultivate reliable and mutually beneficial relationships with its users. The official website qumowallet.com is available in Russian.
Per the “Public Offer,” LLC “Southern Regional Center of Financial Expertise,” located at: 350002, Krasnodar Krai, Krasnodar, Severnaya Street, Building 357, Office 125, serves as the legal entity for the crypto wallet. Nonetheless, the company TRUST-PAYS is referenced on the “About Us” page, and the affiliation remains unclear. No official documents validating the legality of the cryptocurrency service’s operations are provided.
QumoWallet asserts that its wallet software is devised by professionals in adherence to all security protocols. However, no specifics are disclosed regarding the developers or the project’s inception date.
Supported Currencies
QumoWallet accommodates 7 currencies: fiat USD, UAH, along with cryptocurrencies BTC, USDT. The platform facilitates financial transactions through various payment systems including:
- Qiwi,
- Yandex,
- “Sberbank”,
- “Tinkoff”,
- “Alfa-Bank”,
- cryptocurrencies Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and others.
The FAQ section outlines the terms of service usage. As per the stipulated rules, a minimum of two top-ups totaling 1=1 is required to withdraw funds to an external wallet. There is no provision for compensating withdrawal fees, and users are responsible for the commission charges.
QumoWallet Features
Noteworthy advantages of the QumoWallet cryptocurrency wallet include:
- Ability to purchase and sell cryptocurrency using a bank card,
- Competitive exchange rates and nominal commission fees,
- Ensured asset security and reliability,
- Preservation of user data confidentiality,
- Extensive functional capabilities.
To utilize the service, registration on the website is mandatory, entailing the provision of an email address, phone number, and password setup. Subsequently, email authentication and the password received during registration are requisite for authorization.
Reviews on QumoWallet
Given the absence of official documentation on the website, potential clients are unable to gauge the service’s credibility. It is advisable to peruse feedback from actual users and experts to formulate an unbiased assessment of the cryptocurrency wallet’s performance and determine the viability of its services.
This review has been prepared by the specialists at ExpertsReview.
As a beginner investor using QumoWallet, I have some frustrations that I would like to outline.
Firstly, there appears to be a lack of user-friendly interfaces and educational material for new investors. I understand the basics of investing, but some of the terms and maneuvers are unfamiliar to me. Better educational resources and explanations would certainly help.
Secondly, customer service seems to be a major issue. There have been multiple times when I had queries and confusions, but it was difficult to get prompt and comprehensive assistance. Given how crucial time can be in investments, this delay can be detrimental.
Lastly, the transaction fees appear to be higher compared to other platforms that I’ve explored. As a newbie, I’m starting with a relatively small amount of money, hence lower fees would be a significant incentive for me.
I firmly believe that these concerns could be an obstacle for many new investors like me. I hope to see changes that could make the platform more welcoming and supportive for novices.