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What is the best alternative to Spatium Keyless Bitcoin Wallet?
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Freewallet
All
4
Experiences
Pros
3
Cons
1
Top
Pro
Credit cards accepted
Option to buy BTC, ETH and LTC with a credit card.
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Con
High fees
Some fees are higher than the average
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Pro
Available on different devices
Applications are available for iOS, Android and Web
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Pro
High level of security
2FA available and coins held in a cold storage
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3
0
Binance
All
7
Experiences
Pros
4
Cons
3
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.
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Con
Overwhelming and confusing
The extreme volume of both trading options and supported currencies, combined with poor help, makes it overwhelming for beginners.
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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.
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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.
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Pro
Every major coin
And most minor ones. Excluding fraud and bankruptcy, it’s easy to get listed and very difficult to get delisted.
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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.
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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.
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10
1
Coinbase Bitcoin Wallet
All
8
Experiences
Pros
4
Cons
4
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.
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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.
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Con
Bank account integration is limited
It's only available in US and has a limit for spending and receiving.
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Pro
Converts Bitcoin to USD
By integrating a US bank account, Bitcoin can be converted to USD using ACH.
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Con
Tracking you
Bitcoin is anonymous by design but Coinbase is tracking and reporting all transactions.
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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.
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Con
Questionable politics
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Pro
Bitcoin can be transfered through email
Allows avoiding using Bitcoin addresses by transferring funds through email instead.
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