Review on BitcoinOx by Olugbenga Ajayi
It is a safe and convenient wallet
Bitcoin ox is relatively a new digital wallet but come packed full of many features that has put it among the top. It is a free wallet that support many cryptos like bitcoin, ethereum, litecoin and the likes.
It a safe wallet in which digital asset can stored and transact with. It is user friendly and easy to use.
Creating the wallet or even receiving a fund into the account does not cost any dime.
It provides very high profile security for assets by providing a two factors security features and backup options. The fact that private keys are not stored on server also guarantee user some control over their assets. Wallet recovery is also made easy through BIP 39 mnemonic code.
Pros
- User has full control over the management of his asset
- Private keys are not stored on server to enhance security
- Wallet recovery is guaranteed through the use of passphrase which user must keep safely
- It uses 2 factors authentication
- It provides update in form of news feed
Cons
- It is not open source so not open to developers contribution
- Does not support hardware wallet
