Bitwala is a Bitcoin and Ethereum wallet linked to the bank account and therefore works as a mobile bank service. It’s possible to buy and sell these two major crypto coins with the help of Bitwala.
Bitwala cards are accepted in multiple stores and served by ATMs across the world. The ready tax report can be downloaded in the online personal area. Since purchase of a cryptocurrency and withdrawal to a bank account implies providing personal information, Bitwala has the verification feature. Also, Bitwala provides an opportunity to earn interest on one’s balance.
Private keys are stored on the user’s end. Bitwala offers the 2FA feature, biometric identification and multi-signature keys to protect an individual account. A flat fee 1% is applied. Setting customizable push-notifications allows keeping up with the status of one’s account.