Review on Bitgo Wallet by Olugbenga Ajayi
Bitgo wallet is an antidote to hackers threar
I love Bitgo wallet for its high grade security features. It is even a key custodian to several digital wallet. Hardly can assets kept in Bitgo wallet be hacked as users Private key is jointly protected by both Bitgo and the user.
The wallet offers three distinct classes of services which serves as yardstick for transaction charges.
1. Bitgo custody is meant for financial houses who would want to keep high volume of fund monthly.
2. Business wallet is meant for corporate bodies. It offers multisignature features to seal transaction.
3. Bitgo pay as you go is meant for individuals and charges less.
It is also a wallet that is widely available in many countries and it supports upwards of a hundred cryptocurrencies and some tokens.
Pros
- Bitgo is a multi-service wallet that charges based on the service used
- It is trusted even by financial houses
- It offers a joint custody of users Private key for protection from hackers. Intending hacker would have to breach both sides to succeed which is almost impossible
- Users enjoy some measure of annonymity
- It is a multisignature wallet
Cons
- No negative comment
