Block.io Wallet vs Cash App Comparison
| Company |
|
|
| User rating |
User rating
3.3 / 5
3 user reviews
|
User rating
4.3 / 5
6 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.2 / 5
|
Cryptogeek rating
4.4 / 5
|
| Trust Score
How it works
|
Trust Score
3.23 / 5
|
Trust Score
3.6 / 5
|
About
|
Block.io is meant to be easy to use, fast, and secure.
|
The Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
|
Founding Date
Country
Languages
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
|
Not available
|
Not available
|
Available coins
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
2 Factor Authentication, Hierarchical Deterministic, Multi-Signature
|
No data
|
| About |
Block.io is meant to be easy to use, fast, and secure.
|
The Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
|
| Founding Date |
Founding Date
2011
|
Founding Date
2013
|
| Country |
Country
USA
|
Country
USA
|
| Languages |
Languages
Estonian
|
Languages
English
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Software wallet
|
| Storage type |
Storage type
Hot wallet
|
Storage type
Hot wallet
|
| Private keys |
Private keys
Not available
|
Private keys
Not available
|
| Available coins |
Available coins
0
|
Available coins
0
|
| Security |
Security
Third Party
|
Security
No data
|
| Anonymity |
Anonymity
Low
|
Anonymity
No data
|
| Ease of use |
Ease of use
Easy
|
Ease of use
No data
|
| Has attached card |
Has attached card
no
|
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
2 Factor Authentication, Hierarchical Deterministic, Multi-Signature
|
Features
No data
|
Social
Website
Twitter
Advantages
|
- Easy to use
|
- Users can import their phonebook and send money to their friends using a phone number or email.
- Customers can buy and sell Bitcoin directly from your Cash App balance.
- Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins.
|
Disadvantages
|
- No Open-Source Code
- Lots of bad reviews
|
- Limited transparency when it comes to other transactions using the application.
- You have to pay a 1.5% commission in order to instantly receive money.
- You cannot make payments internationally.
- You must verify your account to increase sending and receiving limits.
|
Rating
| User rating |
User rating
3.3 / 5
3 user reviews
|
User rating
4.3 / 5
6 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
3.2 / 5
|
Cryptogeek rating
4.4 / 5
|
| Advantages |
Advantages
- Easy to use
|
Advantages
- Users can import their phonebook and send money to their friends using a phone number or email.
- Customers can buy and sell Bitcoin directly from your Cash App balance.
- Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins.
|
| Disadvantages |
Disadvantages
- No Open-Source Code
- Lots of bad reviews
|
Disadvantages
- Limited transparency when it comes to other transactions using the application.
- You have to pay a 1.5% commission in order to instantly receive money.
- You cannot make payments internationally.
- You must verify your account to increase sending and receiving limits.
|
Block.io Wallet user rating is 3.3, based on 3 user reviews. Cash App user rating is 4.3, based on 6 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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Block.io Wallet vs Cash App - Which Wallet Is Better in 2024?
This Block.io Wallet vs Cash App 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, Block.io Wallet is rated 3.3 with 3 user reviews, while Cash App is rated 4.3 with 6 user reviews.
Let's finally move to overall Trust Score:
