Review on Blockchain Wallet by Ibrahim Sunday
Blockchain wallet, hot, review 2020
Blockchain wallet. I got to know about it when I was a newbie in the crypto world. It is however a hot wallet, it has both an andriod and iOS app and you can also access your web version. The Android app is a bit funny, as you can share funds to another person with just scanning the QR code. It is a quite reputable wallet, that is constantly gaining popularity
Blockchain wallet also have an exchange,I have not gone through it personally
With its excellent UI design and its trading, buying and selling bitcoin option, it is a great choice for you as they are centralized, qualified and reputable professionals
Pros
- You have access to your account on multiple device and browsers
- It back up your wallet with up to 2 factor authentication security and memorized recovery phase.
- It is available in up to 25languages
Cons
- It is a hot wallet, it has some few disadvantages of a hot wallet, like having access to it. It is not ideal for storing large amount there especially for a long time.
- It only support bitcoin, etherium, bitcoin cash, algorand, tether and USD digital.
- It uses a centralized storage, this makes it less trust worthy.
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Comments (1)
December 05, 2020
This was the first wallet I've used when I started out in the crypto space few years back.
It unique wallet ID which determine users privacy this ID should be kept safe if lost one's account can't be recovered.
A well recommended wallet safe and transparent although it support few crypto currencies.
