Expert Review
Sep 11, 2020

BitFi is an Open-source connected hardware device that stores multiple cryptocurrencies and assets. The Bitfi wallet costs $120 and requires no technical skills. Users don´t have to download or install any applications on their computer or hardware device. Instead, the BitFi device automatically adds all the latest updates and features by receiving updates directly from their node in real time. 

Unlike other conventional hardware wallets where private keys are stored on a device outside the computer, the Bitfi wallet calculates private keys using an algorithm every time the user types in their secret phrase. Once a transaction is approved, the private key is not stored anywhere. The private key does not exist on the device until you type in your secret phrase again. Therefore if a user´s device is stolen or seized, there is no way to gain access to the private key without the pin.

logo
Exchange cryptocurrencies at the best rate in a few minutes
Write your review
Rating
Please choose your rating.
Your review

Leave your review about BitFi here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews

Here are no reviews yet. Be the first!

Related news