Review on Copay Bitcoin Wallet by Supertuck Cyclist
Copay Bitcoin Wallet
Copay was founded by a company called Bitpay. Bitpay has enabled many companies to receive payments with Bitcoin. Copay is the most accepted Bitcoin wallet in the world. As a lightweight node wallet, it uses simple processes to complete transactions. However, two-factor verification is not available.
Copay Wallet features
It supports Bitcoin and Bitcoin Cash. All keys are stored on the device instead of in the cloud and security is ensured.
Addresses are generated using a hierarchical determination method, and the BIP70-BIP73 payment protocol easily detects payment requests and confirms the payment.
You can pay using your wallet from popular e-commerce sites like Amazon.com.
Copay is an open source wallet and powered by developers working to keep your assets safe.
Pros
- Free to install and use
- Available for desktop and mobile.
- It is an open source wallet, so it continues to have improvement.
Cons
- no 2fa
- speeds
- no exchange or trading service
