Guarda Cryptocurrency Wallet Review

A highly secure, multi-platform wallet that protects your digital assets

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Investopedia’s Rating

Our Take

Guarda Wallet is a highly secure and user-friendly multi-asset crypto wallet that enables users to store, swap, buy, earn, and spend crypto. 

Launched in 2017 by Guardarian OÜ, Guarda Wallet is our top choice overall for cryptocurrency software wallets as well as best for security, making it an excellent choice for crypto investors looking to protect their assets against catastrophic financial events such as the November 2022 bankruptcy of the popular cryptocurrency exchange FTX.  

  • Pros & Cons
  • Company Overview 
Pros & Cons
  • Supports 400,000+ crypto assets across 50+ blockchains

  • Allows users to buy, swap, borrow, and earn crypto

  • Users can seamlessly spend crypto with the Guarda Visa Card

  • Top-tier security

  • Excellent customer support service

  • Comparatively high in-app cryptocurrency purchase fee

Company Overview 

Guarda Wallet is a cryptocurrency wallet that enables users to securely store a wide range of digital currencies and tokens in one place. Launched in 2017 by blockchain development company Guardarian OÜ, Guarda Wallet has emerged as one of the most popular multi-asset wallets, supporting over 400,000 crypto assets across 50+ blockchain networks. 

Available as a desktop application, web wallet, browser extension, and mobile app, Guarda Wallet makes crypto asset management easy and accessible. Moreover, Guarda Wallet comes with hardware wallet support, enabling you to use it together with Ledger wallets. 

Guardarian OÜ is licensed in Estonia to provide virtual currency services in Europe, enabling the company to provide a range of regulated crypto asset services within Guarda Wallet. Users can, therefore, buy crypto directly in the app, earn staking rewards, take out crypto-backed loans, and even spend crypto using the Guarda prepaid Visa card.  

Guarda Wallet is one of the best cryptocurrency software wallets in the market for crypto asset investors who value security, a user-friendly interface, and the ability to explore various aspects of the crypto market all in one place. 

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overall rating
Type of Wallet Multi-platform software wallet (web, Chrome extension, software, mobile)
Price  Free 
Fees  Customizable transaction fees, 4.5% to 5.5% in-app crypto purchase fee with card
Number of Cryptocurrencies Supported  400,000+ 
Bitcoin and Ethereum Support  Yes 
Earn (Staking/Rewards)  Yes, supports 14 stakeable crypto assets
Customer Service  Email, support tickets, live chat
In-App Features  Buy, Sell, Swap, Stake, Borrow, Spend
Hardware Compatible  Yes 
SPV or Full Node  Simplified payment verification (SPV)
Mobile App  Yes (Android, iOS) 

Pros and Cons Explained

Pros Explained

  • Supports 400,000+ crypto assets across 50+ blockchains: Guarda Wallet enables users to store a large number of digital currencies and tokens across all leading blockchain networks.  
  • Allows users to buy, swap, borrow, and earn crypto: Guarda Wallet provides an array of features, from seamless asset swapping to earning staking rewards and the ability to borrow crypto. 
  • Users can seamlessly spend crypto with the Guarda Visa Card: Guarda provides a prepaid Visa card that enables holders to spend crypto anywhere Visa is accepted. 
  • Top-tier security: Guarda Wallet is a non-custodial wallet, which means that only you control your funds. Moreover, Guarda has implemented extensive measures to avoid security breaches that could lead to a loss of funds.  
  • Excellent customer support service: Unlike most cryptocurrency wallet providers, Guarda has a very responsive customer service team. 

Cons Explained

  • Comparatively high in-app cryptocurrency purchase fee: Purchasing crypto assets directly within the Guarda Wallet using cards incurs a 5% purchase fee. 


Guarda Wallet is a highly secure cryptocurrency wallet that enables investors to manage all their crypto assets in one place. Accessible via desktop, mobile, and the web, Guarda Wallet provides a feature-rich application that both beginners and experienced crypto investors can use to manage their crypto asset portfolios.

The wallet’s user-friendly interface, combined with its excellent customer support, make it a suitable crypto wallet for beginners, while more experienced crypto investors can make use of the wallet’s wide range of features to reap many of the benefits of the growing crypto asset market. 

Guarda Wallet users can store over 400,000 crypto assets, including: 

  • Bitcoin (BTC)
  • Litecoin
  • Ethereum
  • Shiba Inu
  • Solana


Despite only being in the market for a little over five years, Guarda Wallet has emerged as one of the most secure cryptocurrency software wallets available. To date, there have been no reports of security breaches at Guarda Wallet. 

Furthermore, Guarda Wallet is a non-custodial wallet, which means only the user has access to the wallet’s private keys, providing exclusive asset ownership to the funds stored in the wallet. That means that even if the company behind Guarda Wallet should become insolvent or should its servers become compromised by hackers, user funds would remain unaffected. 

Privacy and Anonymity

Guarda Wallet provides a high level of privacy and anonymity because users aren’t required to provide personal information or complete an identity verification check to open a wallet. 

As is customary for non-custodial wallets, all a new user needs to do when setting up a wallet is to ensure they back up the wallet. However, that doesn’t require you to share any personal information with Guarda Wallet.


Setting up a Guarda Wallet differs slightly from platform to platform, but generally follows these same principles: 

  • Download the wallet software
  • Back up your wallet using the wallet-generated seed phrase
  • Secure the wallet with a password


Guarda makes setting up a simple web wallet incredibly easy. Start by accessing, then click on “Create Wallet,” followed by “Create a new wallet.” Next, type in a password to create your web wallet. 

Once wallets have been created for all of Guarda’s supported blockchains, you are asked to download your wallet backup. Finally, you need to download your wallet backup and store the file securely. For optimal security, this backup information should be stored offline. 


Setting up a Guarda desktop wallet involves accessing the Guarda site and clicking on “Desktop Wallet” under “Products.” There you can choose to download the desktop wallet software for Mac, Windows, or Linux.

Download the wallet software and open the file to install the application. Once you have installed Guarda Wallet, open the application and click “Create a new wallet.” Next, you will need to set a password to secure your wallet. Click “I’ve written it down” after you have written down and stored your wallet password somewhere safe.

Next, Guarda Wallet will create wallets for all the blockchains it supports. Finally, the application will ask you to download the wallet backup file. Make sure you store your wallet backup file securely, as you will need it to restore your wallet should you lose or damage your device. 


To set up a Guarda mobile wallet, go to the Apple App Store (iOS) or Google Play store (Android) and search for Guarda Wallet. Then, download the application to your device and click on the app icon once the app has been downloaded.  

To set up a wallet, you will have to follow the same steps as for the web and desktop versions of the app. Again, make sure you write down your wallet password somewhere safe and securely store the wallet backup file. The mobile app also allows you to set up fingerprint or Face ID authentication for increased security. 

If you would like to use your Guarda Wallet on mobile and on desktop, you can sync your wallets across these platforms. That way you can seamlessly access your crypto assets on your smartphone and your computer at any time.



Cryptocurrency users who want to manage their crypto assets on their computers can make use of Guarda Wallet’s desktop-based applications, which include a web interface, a desktop software application, and a Chrome extension.

All three wallets available on desktop are easy to set up and very user-friendly. The clean and aesthetically pleasing user interface makes it very clear where you need to click to take whatever action you want to take. 



Users who prefer to manage their digital assets on their smartphones can download Guarda Wallet for Android or iOS. Like the desktop version, the Guarda Wallet mobile application only takes a few minutes to set up and is very user-friendly. Furthermore, it provides the same features and functionalities as its desktop-based equivalents.

Individuals who regularly use cryptocurrency to make payments or send money to friends will probably prefer the mobile version, whereas active traders and investors are more likely to choose one of Guarda Wallet’s desktop-based applications.

Customer Service

Unlike many other cryptocurrency wallets, Guarda Wallet provides high-quality customer support. Users can access Guarda Wallet’s highly responsive customer service using email, support tickets, and live chat.

Cost and Fees 

Guarda Wallet offers fee customization for sending crypto transactions. Blockchain transaction fees vary depending on the network and user activity. 

For example, if you would like to transfer Bitcoin, you can click on “Advanced Options” to choose how many satoshis per byte you would like to pay in network fees. The more you pay in transaction fees, the faster your transaction is typically confirmed by the network. 

Moreover, if you want to make a transaction on Ethereum or another smart contract-enabled blockchain, you can choose how much in gas fees you would like to pay. 

For in-app cryptocurrency purchases using a debit or credit card, Guarda charges a relatively high service fee of around 5%. 

Final Verdict

Guarda Wallet is a market-leading crypto wallet that enables users to seamlessly store, buy, earn, swap, and spend a wide range of crypto assets in one place. 

The highly secure multi-asset crypto wallet is popular both with beginners and experienced users, offering a user-friendly interface, an array of features, and an emphasis on customer satisfaction. In fact, Guarda Wallet has some of the best customer service we have experienced in the crypto asset industry.  

While the in-app cryptocurrency purchase fees are relatively high, you could argue that the fees may be justified given Guarda Wallet’s best-in-class security, excellent customer support, and multi-platform application that makes managing your crypto portfolio simple, easy, and secure. 


One of the most important things to consider before you transact in and store cryptocurrencies is that you have a suitable crypto wallet in place. To help determine the wallet that works best for you, we conducted a comprehensive review process of the top cryptocurrency software wallets. 

Our review process is built around a quantitative ratings model that weighs key factors like security, costs, privacy, usability, customer support, and features according to their importance. Our team of researchers gathered over 40 data points and conducted extensive research for each of the 19 companies we reviewed. Our team of writers, who are experts in this field, then test drove each wallet to lend their qualitative point of view.

Our model gave preference to companies with the strongest security measures and reputations. Companies with rich features, such as supporting a large number of crypto assets, giving users the ability to sync with hardware wallets, and allowing for fee customization, also ranked highly.

Read our full methodology.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Guarda. "Blockchains."

  2. Guarda. "Prepaid Visa Card."

  3. Guarda. "Privacy & Security at Guarda."

  4. Guarda. "How Can I Top Up My Wallet?"