Blockchain Wallet Review: Good Choice for Cryptocurrency Users?

Last Updated on Jan 28, 2021 at 7:17 PM

About Blockchain

Blockchain is a digital wallet that helps you store and keep your Bitcoin, Bitcoin Cash and Ethereum cryptocurrencies safe. The project’s launch took place on August 2011 in Luxembourg. The platform is recognized as being one of the most popular crypto wallets in the world.

Blockchain Wallet’s interface

The wallet has a user-friendly interface, allowing you to work with and organize data in an intuitive manner. It’s especially recommended to beginners since it’s easy to understand.

From the left side of its GUI, you can access the Dashboard. You are provided with the options of buying and selling cryptocurrencies. You can also access sections such as exchange services, security center, settings and support FAQ. In the remaining part of the GUI, you are provided with information regarding your balance and the market prices of most cryptocurrencies.

Wallet Security

There are over 7 million active Blockchain Wallet users. This is mainly due to its adaptability in regards to market changes and its high-quality services. It is also appreciated for its strong security orientation. The platform comes with support for two-factor authentication which requires you to use your phone in order to log in.

Another useful method of fully securing your account is by opting to block off anonymous IDs.

How to get started

The Blockchain Wallet comes in the form of both a mobile application and a browser extension that let you buy, sell, and store Bitcoin, Bitcoin Cash, and Ethereum. The service is free, hence, you are not charged for using the wallet.

Getting started with Blockchain Wallet is not complicated. First, you need to access the official website and click the “Wallet” button.

Next, you need to create a personal account. You must enter your email and a password. Don’t forget to check your email and confirm the registration. That’s all.

To start trading cryptocurrencies, just click the “Receive” button, and the Dashboard will provide your personal 34-digit code for Bitcoin, Bitcoin Cash, and Ethereum addresses.

Another important step is securing your account. To do this, head over to the Security Center by clicking the appropriate button from the left side of the Dashboard. Next, you will be prompted to create a Backup Security Phrase, to add your mobile phone’s number, and to block off suspicious IDs.

Limits

You can send a minimum amount of 547 Satoshi.

Conclusion

Blockchain Wallet is surely one of the most popular platforms of this type. It allows you to buy, sell, and keep your Bitcoin, Bitcoin Cash and Ethereum tokens safe, all in a very intuitive manner.

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Notice: The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.