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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Copay Bitcoin Wallet by Robiul Islam

Revainrating 4 out of 5

As an HD wallet, Copay’s security is well-regarded. Copay is also one of the…

As an HD wallet, Copay’s security is well-regarded. Copay is also one of the first bitcoin wallets to support the full Bitcoin Payment Protocol. This means that, when you send funds to a payment protocol-enabled merchant, Copay securely verifies that the payment has been sent to the right place.



Updated 5 years ago
Rating has not been changed
Some important features which I couldn't add to my previous review:
  • Support for over 150 currency pricing options and unit denomination in BTC or bits.
  • Synchronous access across all major mobile and desktop platforms.
  • Device security: all private keys are stored locally, not in the cloud.
  • BIP32 Hierarchical deterministic (HD) address generation and wallet backups, Bitcoin and Bitcoin Cash coin support.
  • Payment protocol (BIP70-BIP73) support: easily-identifiable payment requests and verifiable, secure bitcoin payments.
  • Mnemonic (BIP39) support for wallet backups.
  • Email notifications for payments and transfers , Push notifications (only available for ios and android versions).
  • Available for iOS, Android, Windows Phone, Chrome App, Linux, Windows and OS X devices.
  • 

    Pros
    • Like many other bitcoin wallets, Copay is free to use. Transaction fees apply for sending bitcoin. Costs are set by the blockchain community and based on transaction size. Multi-signature wallet Supports multiple wallets on one app Open source Easy to use for beginners Highly reputable wallet backed by leading bitcoin payment firm
    Cons
    • Service relies on central verification, which may upset some bitcoin users. May be a difficult learning curve for beginners.

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