Review on BitcoinOx by José A Rodríguez
A Multi-Currency Wallet Offering Alternatives for Diverse Cryptocurrencies
Wallet's providers are always trying to ensure their products belong to the safest in the crypto-market, or perhaps are the most secure among all, but there is a thin line between that and the real process, even more, because these storage products are part of decentralization and overall security in the blockchain world.
BitcoinOx is a wallet that has more than a year of functioning in the market. It is important to highlight this product is partnered to revain, this guarantees the service is effective. In fact, I've been following its steps, and it is a good wallet to start with. However, one of the things I dislike about this service is the online platform. Although it has good and modern technology, the general structure is not appropriate since it is difficult to read the functionalities it presents.
Despite all, I still support the use of this wallet because of its great availability. New cryptocurrencies were added to the platform, and it offers good storage and short fees when withdrawing or sending assets. Most of the features of this wallet have been updated. It just functions for mobile phones, but its interface is ideal to watch the whole activity of what a user does. Besides, crypto-holders can even buy or sell tokens as part of the trading section it offers.
A Short Overview in its Security Features
In general, I think the wallet follows the same steps as other products. The security features are structured under a two-step-verification process, and a 12 seed phrase. However, it is not the most secure overall because if the user loses the phrase, then the access or recovery will be rejected. It does not have additional safety features.
Conclusion
The security measures of BitcoinOx will depend on customer's themselves. That could be an issue but also an advantage because, from that way, we ensure no one will have access to our money. I recommend this wallet to those looking for an easy-to-use product. It offers great benefits for the storage of almost all altcoins with the ERC-20 feature. BitcoinOX is at the reach of everyone interested in an innovative cryptocurrency storage service.
Pros
- Essential wallet for many cryptocurrencies. It represents considerable value for the major leader Bitcoin as well as support for other altcoins and GAS tokens.
- Excellent and unique features and multi-services where users cannot only store tokens but also trade them with representative value.
- Updated features and great new benefits are constantly added as part of the development of the service.
Cons
- The web platform should be updated because the current graphics and color administration is exhaustive and difficult to read.
- A Desktop app is necessary. The product overall is good because it is a multi-currency wallet, but options for those who work on the desktop should be considered.
- Requires more implementation in the security parameters. Safety measures are of vital importance.
