Review on Bread Wallet by David Olayide
The Bread Wallet Is Very Comfortable To use
Bread Wallet surely sounds as a funny name to give a cryptocurrency wallet and when I initially came across the wallet I was intrigued. The company behind the creation of the wallet has its head quarters in Zurich, Switzerland. Apart from being attracted to the name, another thing that caught my attention is that the wallet is designed to b private. There is none of the submitting of details, creating of accounts and passwords as it is done on other crypto platforms. The wallet is basically open source and is connected directly to the Bitcoin blockchain.
I especially like the interface of the wallet because it is friendly, and traders who are new to the world of cryptocurrency can easily carry out their transactions without getting lost. You can also buy and trade your digital assets through the wallet. The wallet is very secure and it connects directly to the bitcoin blockchain and network. This means that there is no physical server that can be hacked to steal user's funds at all. The wallet is very fast because of this, and you can always access your money without delay. Personally I think these features are responsible for attracting the large number of clients that Bread Wallet has.
The wallet was primarily designed to support Bitcoin, but now it also supports BCH, TrueUSD, and Ethereum, and all ERC20 based coins and tokens. The app can be downloaded for iOS and Android devices on the store free of charge. But you will have to pay for the service charges you incur while making your transactions on the app.
I love the interface because it is not complicated, and you can send money by scanning a QR code. As a non- custodial wallet I found that only the user is responsible for his private keys. Although I did not find 2-factor Authentication on the app, I discovered that you can use a pin code instead. Then other security features include the use of SPV to keep third parties out of your transactions, a touch ID function, and AES hardware encryption.
To get your on wallet today go to the Playstore or App store to download it free of charge. I am sure you will enjoy using it just like I did.
Pros
- The wallet is open source and directly connected to the bitcoin blockchain
- Very simple and interactive interface
- You can buy and trade your crypto through the wallet
- Strict security measures
- Mobile application is available for download
- The wallet operates in a non custodial capacity, so you are responsible for the security of your private info
Cons
- No 2 factor authentication available
- The amount of supported coins is not very great
