Bitcoin.com Coin Wallet Users Can Now Buy Crypto Worth More than $10K

 

Bitcoin.com crypto wallet adds new feature for its clients, the official announcement states. Bitcoin.com Wallet users will soon be able to buy crypto assets worth more than $10,000 USD through the wallet.

Based on the receipt information, the Bitcoin wallet has been highly widespread since its launch. Since that, the works on the wallet enhancement & improvements are continuous. With every new version release, the development team provides new features or improvements for existing ones to give the users maximum high quality & wide range of services.

As the official website states, Bitcoin wallet team is excited to give wallet users this new option to purchase crypto assets quickly & securely.

Apart from BTC & BCH, Bitcoin Wallet users have a possibility to buy Ethereum, Ripple, Litecoin, Binance Coin, and Stellar as well.

A Little bit About the Bitcoin.com Wallet

 

The Bitcoin wallet was introduced to the market in summer of 2017. Three months later, the wallet was updated to support both BTC & BCH. After downloading the app, it automatically sets up BTC & BCH wallets. As a default option, BCH wallet appears 1st.

In Feb, 2018, the wallet integrated with ShapeShift using their API, with an intention to provide an option of multi-currency conversions within the wallet between BTC & BCH.

A month later, the amount of downloaded Bitcoin wallet reached 2 million Bitcoin since its launch. Currently, the Bitcoin already has more than 11 million opened wallets.

A month ago, the website announced that the Wallet will add several new features such as crypto price tracking services. This coin wallet gives users an option to store BTC & BCH, & an option to buy crypto assets.

The Bitcoin Wallet also provides a large amount of other cryptocurrency services. For example, at any moment the wallet user is able to exchange his BTC or BCH by using the sideshift.ai integration.

This wallet enables users to pay for different things in a quite shorter time than before with BCH. In addition, Bitcoin.com wallet provides users access to a broad spectrum of Bitcoin features that are intended to support the promotion of the financial freedom & crypto adoption.

In accordance with the Bitcoin.com, the primary target of the wallet is to make the cryptocurrency understanding, its usage & storing of digital currencies easy for anyone who have a desire to get involved in crypto industry.

Coin Wallet Types

A crypto wallet presents itself a software program that stores public & private keys. These wallets don’t exist physically.

There are several types of coin wallets. Let’s discuss several of them.

The most commonly used crypto wallets are software wallets. This type is convenient to operate & is quite secure compared to online wallets (that users most often use). It also gives you a complete control on your digital currencies. Nevertheless, you can lose the wallet, if the device is lost, stolen or damaged. It can also be attacked by hackers.

On the contrary, hardware wallet stores users’ private keys on physical devices. It’s necessary to install an app on a computer or smartphone, then connect it to a physical device similar to a USB. This wallet is considerably more secure, excellent for storing significant quantities of crypto-assets. What’s more, it is very portable. Yet, hardware wallet is much harder to operate than software wallet. In addition, its small size makes it easy to be lost or broken.

How to Choose a Coin Wallet

There are some important factors to consider while choosing a coin wallet. First of all, compatibility of the wallet, as not all wallets support all crypto-assets. Usually, cryptocurrencies offer their own wallets. The next step is to make a decision on choosing a single or multi coin trader wallet. You can focus on one coin, or you may be interested in trying out a few options. Privacy of the wallet – Your wallet won’t be linked to your real identity; it gets an alias. Another factor is accessibility & usage of the wallet. Depending on the way you’re going to use the wallet, various types can fit your needs.

For instance, if you want to complete everyday purchases that are small and frequent, then consider an online or software wallet. Or if you plan to save coins and make infrequent larger transactions than a hardware wallet is a better fit.

 

 

The popularity of crypto coins and tokens is increasing day by day. Find out the latest crypto news, to stay updated with the crypto world. To learn about the first and most popular crypto asset, Bitcoin, check out Bitcoin Price. To stay up to date with the latest BTC price and the entire crypto market movements, check out Bitcoin (BTC) Price Predictions as well. Also learn about IOHK recently released Daedalus 1.0.0 mainnet wallet.