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Review on ArcBit by Mahammad Cafarli

Revainrating 2 out of 5

ArcBit must regain the trust of its customers.

ArcBit is a wallet designed for those who are new to cryptocurrency. This wallet is not well accepted by clients, despite the fact that it is incredibly easy to use and places a high value on security. The major reason for this is that, despite its emphasis on security, it is not one of the most secure crypto wallets available. ArcBit was founded in 2015 in the Netherlands. Although it has 6 years of experience, it is not a well-known wallet.

Furthermore, the wallet only has one form of cryptocurrency, which is Bitcoin. Although the wallet has its own official website, I was unable to access it since Google considers it to be a high-risk site. The fact that I couldn't access the official website hampered my study of this wallet. Because other sites do not provide adequate information on this wallet.

Customer satisfaction with the wallet, according to data, is also quite poor. Despite learning that ArcBit had both desktop and mobile versions, I was unable to locate the latter on Google Play or any other source. If we combine all of these information, I do not advocate anyone utilizing this wallet since it is extremely hazardous to store your crypto assets in it.

Pros
  • It offers applications for both mobile and desktop platforms.
Cons
  • Despite the fact that the official site is online, I was unable to visit it since Google had flagged it as a potentially hazardous site, preventing me from submitting my review.
  • Despite the fact that the mobile application is accessible, I was unable to locate it in any source, according to the information I got.
  • There is just one sort of cryptocurrency.