As the world’s first and largest full-service Bitcoin payment processor, BitPay is often thought of as a Bitcoin wallet. But while BitPay does provide a wallet service, we don’t consider ourselves a true wallet provider like Blockchain.
info, Armory or Breadwallet. .
Why? Well, first and foremost, BitPay is focused on providing businesses with the tools they need to accept Bitcoin payments. This means that our team spends very little time working on features for individuals and consumers.
NOTE: Warning: BitPay is not a Bitcoin wallet. It is an online payment service that allows users to pay in Bitcoin and receive payments in U.S. Dollars, Euros, and other currencies without the need for a bank account or credit card. It is not designed to store, transfer or otherwise manage Bitcoin holdings.
Second, we believe that there are already plenty of great wallets to choose from and our users are better served by using one of those wallets rather than our own.
So while BitPay can technically be considered a Bitcoin wallet provider, we prefer to think of ourselves as something different: the easiest way to accept Bitcoin payments.
7 Related Question Answers Found
Instacoin is a Bitcoin wallet that allows users to buy, sell, and store their Bitcoin. It is one of the most popular Bitcoin wallets available, and has been featured in several news outlets. However, there is some debate as to whether or not Instacoin is a true Bitcoin wallet.
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
BitMEX, or Bitcoin Mercantile Exchange, is a cryptocurrency derivatives trading platform. The platform offers a wide range of products including futures, options, and swaps. BitMEX is one of the most popular cryptocurrency trading platforms and is used by millions of traders around the world.
Bitcoin is a type of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
Bitcoin payment processor BitPay has been around since 2011, and it has been widely used by businesses and individuals to process Bitcoin payments. But what about other cryptocurrencies? Can BitPay be used for anything other than Bitcoin?
When it comes to Bitcoin, there is a lot of debate as to whether or not it is a digital currency. After all, it is not backed by any government or central bank. However, there are a few key points that suggest that it is, in fact, a digital currency.
