Blockchain wallet review

Blockchain
Very basic Ease of use,  High Privacy,  Wallet platform Private Keys Stored

Blockchain holds true to Bitcoin's creators original core values of challenging convention, and empowering the end user. The interface stands out more for its simplicity rather than extensive functionality. Blockchain has survived since 2011 without any major security breaches which has helped to make it the most reputable and widely used online Crypto wallet available.

Blockchain.info is a secure wallet with a long history. Through integration with various partners it has begun to allow several functionalities that make it stand out. In particular its partnering with Coinify and Unocoin has opened up exchange and trading capabilities for European and Indian users.

Company / organization behind the wallets

For many years the company was managed by only Ben Reeves and Nic Cary. This has led to poor customer service and a lot of small glitches. However their long and strong record for security and commitment to Crytptocurrencies, free and open source principles have made them a strong player. The recent investment of $70 million and extensive R & D will mean big changes for this company in the near future.

Crypto Currencies Support

Language Support

  • Bulgarian
  • Chinese
  • Danish
  • Dutch
  • English
  • French
  • German
  • Hindi
  • Hungarian
  • Indonesian
  • Italian
  • Japanese
  • Korean
  • Norwegian
  • Polish
  • Portuguese
  • Romanian
  • Russian
  • Slovenian
  • Spanish
  • Swedish
  • Turkish

Supported Systems

  • Android
  • iOS

Partners and integrated software

  • Coinify
  • Unocoin

Blockchain.info is one of the longest standing and widely used online wallets. Their security record is good. There has been only one small security breach since their inception in 2011 and all funds were refunded to the customers.

Summary:

Security
Low
2 Factor Authentication
Yes
Multi-Signature
No
Private Keys Stored On
Wallet platform
Storage Type
Hot storage
Transactions Validation
Full Node
Hierarchical Deterministic
No

What happens in the event of a disaster/theft/loss?

The user has a 'root key', 'recovery phrase' or 'word seed' that can be used to regenerate private keys.

The design of Blockchain.info is very basic making it easy to navigate. The software is extremely basic and allows very limited functionality. The company is one of the oldest bitcoin wallets with a solid reputation. Unfortunately since the company has very few employees they have a poor customer service reputation.

Summary:

Blockchain.info has survived since 2011 without any major security breaches. It's one of the longest standing and largest online Crypto wallets available. It has limited functionality, supports a limited number of Cryptocurrencies, and is very easy to use. It is often chosen over it's competitors because of the high level of customer privacy.

Ease of use
Very basic
Suitable For
Account activation process
Simple
Transaction fees
Dynamic Transaction fees
Setup fee
$0.00

Functionality:

  • Buy coins using bank account
  • Buy coins using credit card
  • Exchange coins crypto to crypto
  • Withdrawal funds to bank account
  • Withdrawal funds to credit card

Blockchain.info is a secure wallet with a long history. Through integration with various partners it has begun to allow several functionalities that make it stand out. In particular its partnering with Coinify and Unocoin has opened up exchange and trading capabilities for European and Indian users.

The wallet platform has developed a partnership with a 3rd party and integrated the 3rd party services into their software

Help and
support:

  • FAQ section
  • Contact form

Personal information for activation account:

  • Email Address

Most common
customer complaint:

Poor customer service