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Azerbaijan
1 Level
44 Review
3 Karma

Review on Robinhood by Xayyam Mirzayev

Revainrating 3 out of 5

About Robinhood

This is a bitcoin wallet that I've been using for quite some time. This wallet has a unique feature: its visual design and web appearance are both quite appealing. It supports a variety of currencies, including Bitcoin, Ethereum, Litecoins, and a few more. I tried out the wallet because it has space for my collectible coins. As a first-time user of this wallet, I found it to be quite user-friendly.
Everything was easy to navigate, from the dashboard to the transaction page. Users are typically encouraged to activate two factor authentication to properly safeguard their cash from any sort of theft, but when I attempted it, it didn't work out, and it kept telling me "error." Even with all of the security measures in place, the fact that it is a hot, software wallet makes it extremely vulnerable to hacking.
Although there are no fees for exchanging coins in the wallet, the values of some currencies are very high. My requests and concerns are typically answered promptly by the support personnel. The Robinhood wallet has to be able to hold more coins in order to become a wallet that everyone wants to use.



Pros
  • It's a wallet that supports many currencies.
  • It accepts payments and deposits in fiat currency.
Cons
  • For each transaction, the wallet requests much too much verification.
  • The security features aren't up to par.

Comments (1)

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June 19, 2021
Hi, I totally agree with your ideas. In addition, I must say that the wallet needs many innovations. Therefore, my advice to the authorities is to make some updates as soon as possible.