Review on Blockchain Wallet by David Olayide
Blockchain Wallet Review: A great Wallet To Use
A very reputable and reliable crypto wallet you can use to store your coins and tokens is the Blockchain Wallet. this wallet is one of the most popular wallets in the world. The company behind the wallet was founded in 2011 and is based in Luxemborg. However I found out that the wallet only supports bitcoin, ether, bitcoin cash, stellar, algorand, and tether.
I happened to find out that there are about 30 million wallets created on their platform which is amazing. Blockchain also helps users store funds. They also make use of 2 factor authentication as a sort of security procedure. After that, they then convince you that your cryptocurrency is safe with them.
Another feature that Blockchain has which appeals very much to me is that the transaction fees are very low! This is very good. Blockchain assures their that as long as you use their wallets for transactions, you shall have access to the the most reduced buying, selling and trading fees ever.
It is very possible to transact cryptos into other cryptos within the wallet itself and this is wonderful. I would advise all of you to make your transactions with Blockchain wallet.
Pros
- Great interface design
- Presence of 2step verification for stronger security
- Quick transactions
Cons
- Few cryptocurrencies
- Cannot buy crypto with fiat currency
- Basically Centralized
