Review on CoinSpace by Othere Obtentus
Easy to use multiplatform, portable wallet
Coinspace is a free and decentralized cryptocurrency wallet that can be used for storing Bitcoin, Litecoin and Ethereum. The users are in full control of their keys and their funds as the keys are not stored on the servers. It is fairly easy to access Coinspace wallet and send or receive cryptocurrencies.
Interms of security, coinspace might not be as good as other available wallets as it does not have 2 factor authentication but the passwords used for signing in are encrypted so that others cannot access your account. Also the transactions are kept private and confidential.
Its multi-platform, portable features allows the users to sync their wallet across different platforms. And even after all those features, the wallet is absolutely free of any extra charges for transactions.
Pros
- Users have complete control over their funds and keys
- Private and secure
- The wallet is free to use
- It is open source
- Simple and easy interface
- Can be synced in multiple platforms
Cons
- Compared to other wallets, it has low security
- No 2 factor authentication
- Does not support multi-signature
- Not so good brand image
