BTC Topic

BitPay Review

BitPay wallet is the HD multi-signature wallet which was originally built to secure BitPay’s funds. Multiple personal and shared wallets, testnet, and the full Payment Protocol are supported by BitPay.
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BitPay Review

BitPay wallet is the HD multi-signature wallet which was originally built to secure BitPay’s funds. Multiple personal and shared wallets, testnet, and the full Payment Protocol are supported by BitPay.

What is BitPay?

The best features and integrations of the BitPay payment experience are brought together by the
BitPay app, which is a secure, open-source wallet app. The app aims at helping bitcoin users store,
secure, and spend bitcoin without leaving behind security or usability.

What is BitPay?

The best features and integrations of the BitPay payment experience are brought together by the
BitPay app, which is a secure, open-source wallet app. The app aims at helping bitcoin users store,
secure, and spend bitcoin without leaving behind security or usability.
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Secure environment

This wallet is loaded on mobiles on which apps are usually isolated and although mobiles are usually easier to steal or lose, there is good protection against malware, viruses, or any other threats. You can reduce risk by encrypting your mobile and backing up your wallet.

Basic transparency

The source code for the clients is published by the developers meaning that any developer worldwide can audit the code. However, you will need to trust BitPay’s developers when installing or updating the final software.

Secure environment

This wallet is loaded on mobiles on which apps are usually isolated and although mobiles are usually easier to steal or lose, there is good protection against malware, viruses, or any other threats. You can reduce risk by encrypting your mobile and backing up your wallet.

Basic transparency

The source code for the clients is published by the developers meaning that any developer worldwide can audit the code. However, you will need to trust BitPay’s developers when installing or updating the final software.

What are BitPay’s main features?

Since BitPay is built on the Copay open-source platform, the wallet can integrate BitPay-powered
services into the user journey, while simultaneously allowing the Copay project to stick to its open
source nature.

Full control

This wallet gives you complete control over your funds. As a result, no external party can access or steal your funds. However, the responsibility for securing and backing up your wallet still lies on you.

All in one app

The BitPay app was created to facilitate conversion of fiat currencies into bitcoin and vice-versa, which can otherwise take days, several accounts, and apps. Buy, sell, and exchange bitcoins all in one app.

Integrations

The Glidera bitcoin exchange integration enables you to buy and sell bitcoin directly to and from email addresses you have control over. Therefore, you will never have to store your bitcoin in an exchange account.

Privacy

Full control over your private keys and bitcoins. BitPay cannot access your money. Put your funds in multiple wallets, create a spending wallet, initiate a shared multiple-signature wallet with other people or even set up multi-device authentication with which you can require up to 6 different devices to give permission to outgoing payments.

What are BitPay’s main features?

Since BitPay is built on the Copay open-source platform, the wallet can integrate BitPay-powered
services into the user journey, while simultaneously allowing the Copay project to stick to its open
source nature.

Full control

This wallet gives you complete control over your funds. As a result, no external party can access or steal your funds. However, the responsibility for securing and backing up your wallet still lies on you.

All in one app

The BitPay app was created to facilitate conversion of fiat currencies into bitcoin and vice-versa, which can otherwise take days, several accounts, and apps. Buy, sell, and exchange bitcoins all in one app.

Integrations

The Glidera bitcoin exchange integration enables you to buy and sell bitcoin directly to and from email addresses you have control over. Therefore, you will never have to store your bitcoin in an exchange account.

Privacy

Full control over your private keys and bitcoins. BitPay cannot access your money. Put your funds in multiple wallets, create a spending wallet, initiate a shared multiple-signature wallet with other people or even set up multi-device authentication with which you can require up to 6 different devices to give permission to outgoing payments.

What is BitPay’s pricing?

There is a simple pricing plan for merchants using BitPay. There is just a 1% processing fee which is assessed on each paid invoice. For instance, if there is a 100 USD invoice, the price will be credited to your merchant ledger, then a 1% fee, that is, 1 USD, will be debited from your ledger. Keep in mind that if you have a BitPay Visa Prepaid Debit Card, you can load it with no fees directly from the BitPay app. Simply swipe your card with any Visa merchant. Alternatively, withdraw cash from any
Visa-compatible ATM.

What is BitPay’s pricing?

There is a simple pricing plan for merchants using BitPay. There is just a 1% processing fee which is assessed on each paid invoice. For instance, if there is a 100 USD invoice, the price will be credited to your merchant ledger, then a 1% fee, that is, 1 USD, will be debited from your ledger. Keep in mind that if you have a BitPay Visa Prepaid Debit Card, you can load it with no fees directly from the BitPay app. Simply swipe your card with any Visa merchant. Alternatively, withdraw cash from any
Visa-compatible ATM.

Get started fast with the BitPay wallet

Getting started with bitcoin or controlling your financial security is not always easy. BitPay was designed to satisfy both hardcore bitcoin users
with advanced features and beginners with its simple interface.

Installation

Once you install the app, you will be instructed on how to back up a secure bitcoin wallet by a simple onboarding flow process. Hierarchical deterministic (HD) address generation and wallet backups are provided.

Wallet

Once you have the wallet and you open a bitcoin account, BitPay provides all useful features and helps you to manage your bitcoin like a professional. Multiple wallet creation and in-app management is also offered.

Assets

There is support for more than 150 currency pricing  options and unit denomination in BTC or bits. You will always have the ability to buy bitcoin & other cryptocurrencies.

bitpay-mobile-logo-screen-app (1)

Get started fast with the BitPay wallet

Getting started with bitcoin or controlling your financial security is not
always easy. BitPay was designed to satisfy both hardcore bitcoin users
with advanced features and beginners with its simple interface.

Installation

Once you install the app, you will be instructed on how to
back up a secure bitcoin wallet by a simple onboarding
flow process. Hierarchical deterministic (HD) address
generation and wallet backups are provided.

Wallet

Once you have the wallet and you open a bitcoin
account, BitPay provides all useful features and helps
you to manage your bitcoin like a professional. Multiple
wallet creation and in-app management is also offered.

Assets

There is support for more than 150 currency pricing
options and unit denomination in BTC or bits. You
will always have the ability to buy bitcoin & other
cryptocurrencies.