What is the best alternative to Freewallet?

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score 15 · Answer 1

Coinbase Bitcoin Wallet

Top Con

You don't own your Bitcoins

If they don't like you (KYC/AML) they can lock you out. This is the antithesis of what Bitcoin is able to provide. If you own the private keys, you own the Bitcoins, on Coinbase you don't. See More

Top Pro

Stores 85% of users' funds offline

If security is one of your top priorities, Coinbase takes a unique approach at protecting users by storing most information offline. See More

Top Con

Bank account integration is limited

It's only available in US and has a limit for spending and receiving. See More

Top Pro

Converts Bitcoin to USD

By integrating a US bank account, Bitcoin can be converted to USD using ACH. See More

Top Con

Tracking you

Bitcoin is anonymous by design but Coinbase is tracking and reporting all transactions. See More

Top Pro

Web and mobile

You can open your bitcoin wallet and fully manage it on both web and mobile, and access your bitcoin any time. See More

Top Con

Questionable politics

Top Pro

Bitcoin can be transfered through email

Allows avoiding using Bitcoin addresses by transferring funds through email instead. See More

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score 6 · Answer 2

Mycelium Bitcoin Wallet

Top Pro

Allows watch-only addresses

Monitor how much funds other accounts have, even if you aren't planning on spending anything. See More

Top Con

Mandatory transaction fee

The transaction fee is .0001 BTC or 6 cents. See More

Top Pro

GPS-assisted local Bitcoin trading.

See who wants to buy or sell Bitcoin in your area, view their reputation score, and view their asking price. See More

Top Pro

A variety of exchange rates

Use Bitstamp, Coinbase, Kraken, BTC-e, BTC China, BitcoinAverage, or modify by percentage points (one hundredth of a percent). See More

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score 10 · Answer 3

Binance

Top Pro

Comparatively safe base coin

You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token. See More

Top Con

Overwhelming and confusing

The extreme volume of both trading options and supported currencies, combined with poor help, makes it overwhelming for beginners. See More

Top Pro

Protection

Binance has many unique proprietary methods for combating fraud. Including protecting users from bad coins. While rare, problem coins are delisted extremely quickly. See More

Top Con

BYOC (Bring your own coins)

Binace does not have a fiat to currency system. The only way to trade on binance is to buy their private currency, or deposit crypto from other wallets/exchanges at a fee. See More

Top Pro

Every major coin

And most minor ones. Excluding fraud and bankruptcy, it’s easy to get listed and very difficult to get delisted. See More

Top Con

No buy in

Binance does NOT offer direct fiat to crypto transactions. You can only buy into the binance currency, which you then trade for other coins. See More

Top Pro

Comparatively save base coin

You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token. See More

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10 1

score 2 · Answer 4

Spatium Keyless Bitcoin Wallet

Top Pro

Keyless technology

There is no Private Key. It is replaced with an encrypted set of secrets, distributed between user's device and professional security provider. See More

Top Pro

Fiat/Crypto-to-crypto exchange

It is possible to purchase crypto with USD, GBP, EUR, etc. and swap crypto to crypto. See More

Top Pro

Conditional authorization

You can improve security by establishing limits for transactions, adding addresses to Whitelist. See More

Top Pro

100+ coins and tokens

All popular coins and ERC-20 tokens See More

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