Sudan Crypto Wallet Review (February, 2023)

Sudan Crypto Wallets 2023 Review

There are still many people who are not acquainted with digital money and cryptocurrency trading in particular despite the fact that digital transactions have become so popular in our modern world. Digital currency offers many advantages over traditional currencies. For example, it is much easier to move funds between countries using Bitcoin or some other cryptocurrency.

Developing countries with high inflation or unstable national currencies such as Venezuela and Zimbabwe are the perfect places for digital currencies because the citizens of those countries can use cryptocurrency trading to buy food and other necessaries by investing in digital currencies and then selling them for their local currency.

With the rise of cryptocurrency being a popular trend lately, many are wondering how to safely store their data in order to keep it safe. With 5 Best Sudan Crypto Wallet (SCW), you can be assured that your data is kept safe and secure!

5 Best Sudan Crypto Wallet

Capital  helps users to trade crypto alongside stockscommodities, forex, market indices, ETFs and more—all without any trading fees. Capital supports 100+ cryptocurrencies, and users can trade with 2x leverage on crypto (up to 500x leverage on other assets).

It charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), making the overall cost of using the platform (0% trading commissions + 0.1% – 0.3% spreads) very low. Capital has a fully functional desktop platform, a well-rated mobile app (4.7/5 on Android and iOS), and an excellent demo account where you can practice trading with real assets in real-time.

Capital is licensed by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, which implies it’s a safe, secure platform. Every user receives a dedicated account manager they can reach by email or phone anytime, which is part of the reason Capital’s customer support team receives such positive reviews.

Deposits and withdrawals are always free with Capital, and you’ll never pay trading commissions regardless of whether you place spot orders or limit orders. Capital is ISO 27001 certified for meeting robust information security standards, making it an extremely safe platform to trade with.

You can trade it, buy it, sell it and much more. With this app, you have access to all of your coins while on-the-go and you no longer have to worry about a security breach where thieves try to steal your funds.

The biggest drawback of Capital is that it can take many days to have your account verified since their verifications team is overwhelmed with signups right now.

Features

  • Zero trading commissions
  • Better spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Provides up to 500x leverage (2x leverage on crypto)
  • Fully functional demo account for paper trading
  • Free deposits and withdrawals via debit/credit cards, bank transfer, POLi, PayPal, Apple Pay, etc.
  • Dedicated account manager you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.7/5 on both Apple and Google)
  • Licensed by the Australian Securities and Investments Commission (ASIC)
  • ISO 27001 certified for meeting extremely high information security standards

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%
  • Deposits & Withdrawals: Free

Best For

Investors looking for the best overall crypto trading experience with no trading commissions.

2. Huobi Global

Huobi Global is the 6th largest crypto exchange, based in the island nation Seychelles but with strong network in the Asian market, with offices in Hong Kong, Singapore, South Korea and Japan. It also has a strong presence in Europe in countries like Italy and Portugal.

It provides competitively low fees starting at 0.2%. Also , it offers plenty of tools veteran investors will appreciate: interactive charts, limit and stop orders, and margins and futures trading. Huobi supports over 400 cryptocurrencies.

Its new users will receive a $150 bonus in Point cards, and will get the chance to start earning Huobi Tokens (HT) for additional discounts – the more Huobi Tokens you hold the higher the tier and the lower the fees. In terms of security, it offers 2FA authentication and the option to freeze your account.

You can also store multiple coins in one place, so you no longer need dozens and dozens of accounts for the cryptocurrencies that you use. This app also allows you to transfer funds directly from one account to another, which is a useful feature that isn’t available with traditional banks.

Features

  • 24/7 customer support available via live chat or email
  • Instant account verification
  • Supports over 400 cryptocurrencies
  • 98% cold storage policy keeps your crypto extra secure
  • Earn crypto rewards through staking
  • Huobi Tokens, earn discounts and rebates just by holding the token

Cost

  • Trading Fees: From 0.20% to 0.07% based on HT tier
  • Maker’s Fees: From 0.0362% to 0.0097% based on HT tier
  • Taker’s Fees: From 0.0462% to 0.0193% based on HT tier

Best For

Veteran investors looking for the very best investing tools and access to some of the newest cryptocurrencies.

3. KuCoin

KuCoin is a cryptocurrency exchange which began operations in Hong Kong in 2017 and bills itself as “The People’s Exchange.” Kucoin objective was to offer a simple and secure platform for crypto investors, and it has been a success: in just four years it has attracted over 8 million users.

Besides buying and selling crypto, it supports four market order types as well as margins, futures, and P2P trading. KuCoin Trading Bots are one of its biggest features, allowing users to invest on autopilot using dollar-cost averaging.

New KuCoin users will receive a $10 sign-up bonus, and if you’re willing to freeze your crypto for a short period you can earn up to 10% in interest. KuCoin takes security seriously, with features like multi-factor authentication, encryption, and an additional trading password.

These are just some of the great features that you have access to with this mobile app. Overall, it’s a great way to protect your coins and store them securely, with full control over your funds at all times! If you’d like to learn more about SCW, visit the website and download it now.

Features

  • Users can also get trading fee discounts based on their KuCoin Token (KCS) balance.
  • Margin Trading
  • Crypto Staking, earn up to 10% interests
  • KuCoin Trading Bots, invest on autopilot using dollar–cost averaging
  • Supports 600+ cryptocurrencies
  • Supports market, limit, stop-limit, and stop-market order types

Cost

  • Trading Fees: From 0.0125% to 0.1%
  • Makers Fees: From 0.0125% to 0.1%
  • Takers Fees: From 0.0125% to 0.1%
  • Deposit Fees: Free
  • Withdrawal Fees: Depends on the coin (For BTC: 0.0005 BTC)

4. Okcoin

People looking for a very secure platform, different market tools, and trading bots.

Launched in 2013, OKCoin is a California-based American exchange with over 100,000 crypto investors across 190+ countries. It supports 70+ crypto assets, including the biggest like Bitcoin and Ethereum, but also altcoins and lesser-known blockchain protocols.

OKCoin doesn’t charge trading fees – instead, it uses a volume-based fee system, where makers are charged 0.1% – 0.0% (based on the last 30-day trading volume) and takers are charged 0.2% – 0.02%, also based on volume. 

OKCoin is available worldwide and supports SEPA payment deposits in Europe and electronic fund transfers (using the ACH network) in the US. Among OKCoin’s best features are its staking platform, where investors can lock in one of the supported cryptos (for a fixed term) and earn up to 17% APY, depending on the asset (10% for BTC).

Fiat deposits using debit cards are on the high side – you can end up paying up 3.99%, so it’s recommended, whenever possible, that you use a different deposit method. OKCoin is licensed in the US and registered with the Financial Crimes Enforcement Network (FinCEN).

Features

  • Supports 70+ cryptocurrencies
  • Quick verification process
  • Set up automatic purchases using dollar-cost averaging
  • Available on Android (4.1/5 rating) and iOS (4/5 rating)
  • OKCoin Earn (Up to 10% APY on BTC deposits)

Cost

  • Trading Fees: Free
  • Spread: 1% – 1.5%
  • Maker’s Fees: From 0.1% to 0.0% (based on trading volume)
  • Taker’s Fees: From 0.2% to 0.02% (based on trading volume)
  • Debit Card Deposit Fees: 3.99%

5 Quidax

Quidax is one of the largest crypto exchanges in Africa, and a trailblazer in the crypto industry on that continent. Headquartered in Malta, it is the first and only African crypto exchange to be listed in CoinMarketCap, the largest and most trusted source of cryptocurrency news, often cited by major players like CNBC and Bloomberg.

Quidax supports 20 cryptocurrencies and dozens of crypto pairs, and its highly-rated mobile app is available for Android (4.1/5 rating) and iOS (4.5/5 rating). It uses a maker/taker fee system and charges a flat 0.1% for makers and 0.3% for takers. Trades usually take less than 10 minutes to complete, and the signup process is instant for customers in Africa.

Since its launch in 2018, Quidax surpassed $4 billion in transactions, just in Africa, and in 2021 they launched their own native token, the QDX. The QDX token can be staked and exchanged for any other token listed on the exchange, and they have plans to add new features and functions as well as reduced fees for holders.

Some of the new features to be released include Quidax EARN (a DeFi market-aggregator), the Quidax NFT Marketplace, and a decentralized swapping platform, Quid SWAP

Features

  • Supports 20+ cryptocurrencies
  • Available on Android and iOS
  • Quick sign-up process for African users
  • Access to a flexible staking platform
  • Trades completed in less than 10 minutes

Cost

  • Maker’s Fees: 0.1%
  • Taker’s Fees: 0.3%
  • Instant Buy: 1%
  • Deposit Fees (Crypto): Free
  • Withdrawal Fees (Crypto): Depends on the crypto (0.0002 BTC for Bitcoin) 
  • Deposit Fees (Naira): From 100 NGN to 2,250 NGN (based on deposit size)
  • Withdrawal Fee (Naira): From 200 NGN to 5,000 NGN

What To Look For In a good Sudan Crypto Wallet

One should consider many different factors in my search for the best Sudanese crypto wallet. Here are just a few of the more prominent ones:

  • Supported coins: The best Sudanese crypto wallet support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy trading interface is important, especially for beginners. If you’re a seasoned crypto investor, you’ll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I’ve specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It’s much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren’t moving in your favor. Depositors’ insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they’ve received.

In Summary

Choosing the best cryptocurrency waellet in Sudan isn’t easy, given all the options out there and the different features each of them offers.

Capital is the favorite among knowledgeable Sudanese crypto wallet, both for its high level of security and for its ease of use. Capital’s fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Sudan, I can’t recommend Capital highly enough.

1) Strong encryption. All data on the app uses AES-256 encryption which would take billions of years for even an advanced computer system with unlimited resources to crack.

2) User’s Wallet is never uploaded so you have full control over your funds.

3) The wallet is completely anonymous with no personal information on the app.

4) Completely free!

5) Now you can use all of these benefits on your mobile device!

Let’s review some of the features available in SCW.

Sudan Crypto Exchange App Reviewed:

Sudan Crypto Wallet (SCW) will become a highly useful tool for people who want to invest in crypto coins. SCW is a mobile wallet which provides you with the option to trade, buy and sell cryptos from your phone.

The process of setting up a bitcoin wallet is simpler than you might think. Making a secure and reliable wallet to store your bitcoin is easy with the right tools and guidance. After reading this, we anticipate that you will be well-versed in the process of creating your own cryptocurrency wallet.