BitPay Wallet vs MyCrypto Wallet Comparison
| Company |
|
|
| User rating |
User rating
3.7 / 5
6 user reviews
|
User rating
5 / 5
1 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4 / 5
|
| Trust Score
How it works
|
Trust Score
4.31 / 5
|
Trust Score
4.48 / 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.
|
MyCrypto is an open-source web application used for operations with Ethereum coins and ERC-20 tokens.
|
Founding Date
Country
|
International
|
International
|
Languages
|
English, French, Spanish
|
English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Arabic, Polish, Finnish
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
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
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
| 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.
|
MyCrypto is an open-source web application used for operations with Ethereum coins and ERC-20 tokens.
|
| Founding Date |
Founding Date
2010
|
Founding Date
2018
|
| Country |
Country
International
|
Country
International
|
| Languages |
Languages
English, French, Spanish
|
Languages
English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Arabic, Polish, Finnish
|
| 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
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
No data
|
| Anonymity |
Anonymity
No data
|
Anonymity
No data
|
| Ease of use |
Ease of use
No data
|
Ease of use
No data
|
| Has attached card |
Has attached card
No data
|
Has attached card
No data
|
| 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
No data
|
Social
Website
Twitter
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.
|
-Open-source
-Private keys on the user's side
- In-built exchange
- Variety of ERC-20 tokens
|
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.
|
- Serves only the Ethereum network
|
Rating
| User rating |
User rating
3.7 / 5
6 user reviews
|
User rating
5 / 5
1 user review
|
| 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
-Open-source
-Private keys on the user's side
- In-built exchange
- Variety of ERC-20 tokens
|
| 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
- Serves only the Ethereum network
|
BitPay Wallet user rating is 3.7, based on 6 user reviews. MyCrypto Wallet user rating is 5, based on 1 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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BitPay Wallet vs MyCrypto Wallet - Which Wallet Is Better in 2024?
This BitPay Wallet vs MyCrypto 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 MyCrypto Wallet is rated 5 with 1 user reviews.
Let's finally move to overall Trust Score:
