Review on CoinSpace by Benaiah A. Akinlade
CoinSpace wallet: “The all in one wallet”
Coinspace wallet is a wallet that can hold ERC20 & ERC223 coins which means that it supports a lot of cryptocurrency blockchains such as Bitcoin, Litecoin, Bitcoin Cash, Doge, Ethereum, Ripple, and many more tokens.
Coinspace wallet accommodates over twenty thousand crypto tokens.
The most fascinating feature of this wallet to me is it’s ability to use one wallet address to manage all supported crypto currencies. You can use the same wallet address to send and receive multiple coins.
It is supported on all the popular available OS platforms such as Windows, Linux, iOS, and Android.
Some features of CoinSpace wallet include:
1. The transactions are private and secure and the users have control over their funds
2. It allows you convert the cryptocurrencies into fiat (local) currencies
3. The app supports QR code scanning
4. You can use Geo-location tracking to find users that are close by
5. The user interface is easy to use
I really like this wallet because of it’s ability to accommodate different crypto currencies and it’s ability to use one address to trade different currencies be it bitcoin, Litecoin and ether.
The only thing is that the security feature needs to be improved. It will be better if 2-factor Authentication
I recommend this wallet for anyone who wants to trade different crypto currencies and doesn’t want to go through the stress of using different wallet addresses for different transactions.
Pros
- You have total control over your money
- One wallet address can be used for transacting multiple coins
- It is compatible with different OS platforms
- It allows you easily convert your crypto currency into local currency
Cons
- It has a low security security system with the absence of 2-factor authentication
