Armory Wallet logo
Armory Wallet logo

Armory Wallet Review 2021

Country: International
Launched: 2013
Security: Personal
Anonymity: Medium
Features: Hierarchical Deterministic, Open Source, Multi-Signature
Expert Review
May 22, 2020

Armory is a free Bitcoin cold wallet supporting multi-signature. It is an open-source protocol utilizing high-end protection features. Historically Armory is one of the earliest efficient cold storage cryptocurrency wallets. This wallet has a reputation of one of the most secure Bitcoin wallets. Armory doesn't support any cryptocurrency besides Bitcoin (BTC).

Armory allows users to create multiple addresses that can be used for separate transactions or to avoid using the same address for the coins needed for separate purposes. Private keys can be optionally kept offline.

Once a user shares her/his Bitcoin address with others she/he is ready to receive payments. There's a “Receive Bitcoin” button in the Armory interface. After tapping this button user should choose a proper wallet to receive the payment. The address can be copied and pasted or turned into a QR code that can be sent as a text. "Send Bitcoin" option has a bar for pasting of the receiver's Bitcoin address. A user simply fills this bar and sends a certain amount of coins. All transactions are sent and received directly.

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Armory has no 2-step authentication feature and doesn't work on mobile devices.

Our Score
Security 4 / 5
Support 4 / 5
Ease of use 3 / 5
Reputation 3 / 5
Fees 4 / 5
Our Score
3.6 / 5
Pros and Cons

- Open source
- Cold storage support, allowing you to manage bitcoin without the Internet
-Top-end security features, such as hierarchical deterministic (HD) and multi-signature support


- No mobile support offered
- Lack of two-factor authentication
- Depth of security features may put it out of reach for beginners

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User reviews
Ingrid Sepulveda 23 August 2021

I have been many troubles with this wallet. I have to say I am pretty new in cryptos world and I chose wrongly this app after one friend recommended it.
I have the block chain and BTC appears but It is impossible to send BTC to other wallet because It shows an ERROR.
Do you know how can I fix that problem?

Anton 10 February 2021

They need app, that's for sure.

Ogarik 31 January 2021

I've seen a really working 2fa. Usually, it bring me problems, but I initiated it here without big troubles.

Brown 5 December 2020

The don't provide the access to the private key. I feel insecure though.

Alan 7 November 2020

I've been keeping my BTC since last January and I'm glad to see a growth. The wallet keeps them safe.

Country: International
Launched: 2013
Security: Personal
Anonymity: Medium
Features: Hierarchical Deterministic, Open Source, Multi-Signature