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Review on Blockchain Wallet by Mr Benji

Revainrating 4 out of 5

Popular Wallet

- As with most online wallets, there is a risk that you will lose your cryptocurrency. Private keys are held by a third party and thus you are free of full control over your money. For smaller amounts, however, the online wallet is irreplaceable, thanks to its simplicity and the ability to use it anywhere and anytime (just carry your phone with you). To access the application, you enter the PIN you have selected, or just enter the Touch ID on your iPhone. There is a possibility to back up with a seed (12 random words you write in the order).

- If you are looking foronline wallet where you can deposit some small amount in Bitcoin relatively easily, then you will not step on this application.

-It is a very simple application even for novice is also oriented.



Pros
  • Good reputation
  • The application is among the simplest in the market
  • the most widely used online wallet ever
Cons
  • There is always privacy risk in online wallets
  • weird stellar airdrop to get people ID

Comments (2)

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April 30, 2020
For smaller amounts, however, the online wallet is irreplaceable, thanks to its simplicity and the ability to use it anywhere and anytime (just carry your phone with you). To access the application, you enter the PIN you have selected, or just enter the Touch ID on your iPhone
October 02, 2019
Why do you think that stellar airdrop idea was bad for Blockchain Wallet? Every project try not only to receive KYC information but also to thank users for give information about yourselves. And Blockchain Wallet did it smarter than others.

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