Blockchain is definitely among the top most popular wallets nowadays. It is designed to be extremely intuitive, user-friendly and simple. The ease of use is one of the main features and the company stores your wallet on the servers which involves certain third party risk. Even though Blockchain Wallet is designed with simplicity, it is rich in features and the company is known for being one of the most reliable wallets in the crypto community.

 

 

The company behind the wallet has years of experience in the crypto sphere and has millions of users across the world. The idea of an online software wallet with a cold storage hardware wallet could be a set back for experienced crypto traders but the wallet proved the community that it is worth the shot.

The intuitive interface makes it really appealing for novice crypto users to have a go at using it. As a software crypto wallet, the Blockchain Wallet is designed for easy access via desktop computers that are online or smartphones and tablet devices. It’s straightforward and easy to pair web wallets with a mobile device only by scanning a QR code.

In terms of the Blockchain wallet fees, those who want to send Ethereum and Bitcoin across the network have to pay a few to the mining community which is required to authorize but to also record each transaction. The higher the fee you are willing to pay, the faster the transaction time. The wallet has regular security updates and it is now hierarchical deterministic to ensure that all of the addresses are unique for every transaction and that they are never reused.

Overall, the wallet offers a three-tier security infrastructure by providing an e-mail verification and a secret passphrase in the first phase up to the third-tier option of blocking the IP addresses before accessing the Tor network and your account.