Freewallet is a hosted mobile and web encrypted wallet created by Alvin Hagg in January 2016 in Estonia. It focuses on simplifying the crypto world, allowing users to easily access the crypto space without delving into the complex technicalities of cryptocurrencies. The Fantomcoin wallet was initially introduced to the market, followed by Bitcoin, Ethereum, Monero wallets, etc. Later in 2017, it launched a multi-currency wallet capable of holding more than 100 currency wallets. Currently, the platform has multi-currency wallets, 30 individual wallets tailored to suit specific currencies, and a Freewallet Lite version (hierarchical deterministic wallet). The wallet is integrated with built-in exchanges, allowing users to exchange over 100 different cryptocurrencies. It also has various security protocols to provide a safe exchange environment.