Freewallet to Paypal: can you withdraw savings?

[sytapuwero]

Several days ago we found another Freewallet scam victim’s review. A man from Hong Kong deposited some coins to crypto wallet. Several days later user tried to withdraw coins from Freewallet to Paypal. And he couldn’t finish this process because his wallet was blocked.
All tickets were ignored. Support answered with typical messages like “we are working on it” or “Your verification is in progress”. Actually Freewallet scammers stole victims assets. That again shows the well known fact. You shouldn’t try to send coins from Freewallet to Paypal, otherwise you will lose savings.

Freewallet fees are low

This is one of the reasons why more and more people become victims of fraud. Freewallet withdrawal fee is rather low. Therefore, holders of crypto assets often come up with the idea of using this wallet to withdraw coins to PayPal. But actually, Freewallet withdrawal fee is a bait.
Of course, no one wants to give an extra percentage of savings to the application administration. All users are trying to save money. But in this case the choice is small. As soon as a sufficient amount has accumulated in your Freewallet wallet, the administration will block the withdrawal under the guise of KYC. After this, support ignores messages or rejects any documents. As a result, the victim loses money.



KYC fraud

This is roughly what this method of deceiving clients can be called. The administration allows victims to replenish their wallets, but blocks any withdrawals, including to PayPal.
It is very difficult to prove the fact of fraud, because formally everything happens within the framework of the KYC procedure. But experienced users understand that real verification cannot drag on for weeks or months. It’s just that in this way the administration can steal huge amounts of money without risking ending up in prison.



Please note that even the official rules of the service indicate the right to block assets under any pretext for an unlimited period. If the administration does this, you will not be able to withdraw coins from Freewallet to PayPal or any other account.

Conclusion

Don’t let fraudters to freeze and later steal your digital assets. Don’t use Freewallet to deposit PayPal account. Choose any other safe, secure and trustworthy crypto wallets.