Contact
Country: USA
Launched: 2018
Site: bitfi.com
Security: Personal
Anonymity: High
Ease of use: Easy
Features: Open Source, 2 Factor Authentication
Platforms: Hardware
ValidationType: Centralized
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.

Our Score
Security 5 / 5
Support 5 / 5
Ease of use 4 / 5
Reputation 5 / 5
Fees 5 / 5
Our Score
4.8 / 5
Pros and Cons
pros

- Security
- Open-Source Code
- Private key ownership

cons

- Not easy for beginners

banner-image
Write 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Your Email will not be published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
sa to 20 September 2021
5.0

reliable and high quality, really like this one

Country: USA
Launched: 2018
Site: bitfi.com
Security: Personal
Anonymity: High
Ease of use: Easy
Features: Open Source, 2 Factor Authentication
Platforms: Hardware
ValidationType: Centralized
Similar companies
Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.
PAYTOMAT is an infrastructure platform enabling the use of cryptocurrencies in everyday life. A set of Paytomat solutions opens the possibilities of the decentralized world to the wide masses, increasing speed and enabling instant payments in multiple cryptocurrencies. Paytomat partnered with one of the biggest POS provider NCR Colibri and is integrated with R-Keeper. it means that more than 400.000 merchants in 33 countries can accept crypto.
Atomic is a decentralized multi-cryptocurrency wallet available for Windows, Mac OS and Linux. The wallet uses BitTorrent technology for distributed order book and atomic swap technology for cross-chain custody free exchange. Atomicwallet also features instant exchange options - Changelly and ShapeShift. Atomic supports more than 300 crypto-currencie.