Review on Bread Wallet by Gabriel Medina
Mobile wallet that does not request personal information and total control from users
Bread Wallet has received a lot of attention and has expanded to more than two million users in more than one hundred and seventy countries.
This mobile cryptocurrency wallet is available for iOS and Android for free. The personal information you have is kept under your control as this wallet will not require this type of information for configuration or download. Users will be able to import their existing wallets or create a new one. If you create a new one, you will receive a twelve-word seed phrase that can be used to restore your wallet in case your device is lost or stolen. The private keys will remain on your device and you will not have to worry about the wallet being hacked or losing your coins. The user interface is simple to use, with everything totally clear for sending and receiving coins. In some countries we will have the possibility of being able to acquire Bitcoin directly from the wallet. This wallet is good for people who trade frequently.
Pros
- Non-custodial mobile wallet where users have control of their funds. It is available for iOS and Android.
- It supports multiple cryptocurrencies such as Bitcoin and ERC20 tokens.
- The personal information of the users is not necessary, therefore privacy is respected.
- Open source wallet, which provides transparency.
Cons
- Online wallet vulnerable to attacks.
