BitPay Wallet vs Cobo Wallet Comparison

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Company
User rating User rating 3.7 / 5 6 user reviews User rating 5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.31 / 5 Trust Score 3.69 / 5

About

The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
Cobo Wallet is Cobo's flagship mobile wallet, built to make it easy for people to grow and secure their crypto. Cobo Wallet is the first in the world to support pooled staking, offers native staking for dozens of PoS projects, has an integrated dapp store, and supports more than 30 coins and 500 tokens.

Founding Date

2010 2017

Country

International China

Languages

English, French, Spanish English, Traditional Chinese, Simplified Chinese

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot wallet

Private keys

Available Not available

Available coins

8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) 0

Security

No data Third Party Encrypted

Anonymity

No data Low

Ease of use

No data Easy

Has attached card

No data no

Has trading facilities

No data No data

Has vouchers and offers

No data No data

Features

No data Multi-Signature, 2 Factor Authentication, Hierarchical Deterministic
About
The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
Cobo Wallet is Cobo's flagship mobile wallet, built to make it easy for people to grow and secure their crypto. Cobo Wallet is the first in the world to support pooled staking, offers native staking for dozens of PoS projects, has an integrated dapp store, and supports more than 30 coins and 500 tokens.
Founding Date Founding Date 2010 Founding Date 2017
Country Country International Country China
Languages Languages English, French, Spanish Languages English, Traditional Chinese, Simplified Chinese
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Hot wallet Storage type Hot wallet
Private keys Private keys Available Private keys Not available
Available coins Available coins 8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) Available coins 0
Security Security No data Security Third Party Encrypted
Anonymity Anonymity No data Anonymity Low
Ease of use Ease of use No data Ease of use Easy
Has attached card Has attached card No data Has attached card no
Has trading facilities Has trading facilities No data Has trading facilities No data
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features No data Features Multi-Signature, 2 Factor Authentication, Hierarchical Deterministic

Social

Website

bitpay.com cobo.com

Twitter

@BitPay @Cobo_Wallet
Website Website bitpay.com Website cobo.com
Twitter Twitter @BitPay Twitter @Cobo_Wallet

Advantages

- Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. - Security - Easy to use - User-friendly

Disadvantages

- Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. - Few languages available

Rating

User rating User rating 3.7 / 5 6 user reviews User rating 5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. Advantages - Security - Easy to use - User-friendly
Disadvantages Disadvantages - Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. Disadvantages - Few languages available

BitPay Wallet user rating is 3.7, based on 6 user reviews. Cobo Wallet user rating is 5, based on 2 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.31 / 5 Write review
Trust Score: 3.69 / 5 Write review
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BitPay Wallet vs Cobo Wallet - Which Wallet Is Better in 2025?

This BitPay Wallet vs Cobo Wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, BitPay Wallet is rated 3.7 with 6 user reviews, while Cobo Wallet is rated 5 with 2 user reviews.

Let's finally move to overall Trust Score: