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Review on Copay Bitcoin Wallet by Łukasz Skrzydło
Copay affordable bitcoin wallet
If we were to look only at its features, Copay would be a solid choice for a wallet. However, today there are alternatives that supply similar features without the politics that accompany Copay.
Also, until the missing funds issue is resolved, it’s hard to recommend Copay as a solid choice.
Mainly using it for transferring large amounts of funds.
Use it to purchase other software products. Really helps to keep track of all currency. Keeps track of converted currency and transferred transactions.
Pros
- Copay allows for the creation of multiple accounts within a single wallet.
- You can create separate accounts on a single device
- All of Copay’s wallet and server code is public. This allows it to be far more trust-able wallet than those that contain closed sourced code.
- Copay has an attractive and intuitive User Interface. It displays prices in many different currencies and has support for multiple languages.
Cons
- Technically and design-wise, Copay appears sound
- However, Bit-pay's unfortunate foray into Bitcoin politics has greatly damaged trust in its wallet.
- There have also been multiple reports leading towards missing funds.
- This is an extremely serious matter for any wallet, whose primary function it is to securely store value.
