Bread Wallet logo
Bread Wallet logo

Bread Wallet Review 2023 - Is It Safe?

Contact
Country: Cayman Islands
Launched: 2014
Site: brd.com
Security: Personal
Anonymity: Medium
Ease of use: Average
Features: Open Source, Hierarchical Deterministic
Platforms: Android, iOS
Source code URL: https://github.com/breadwallet/breadwallet-ios
ValidationType: SPV
Expert Review
Jun 10, 2020

Bread Wallet, also known as BRD, is a cryptocurrency wallet that aims to provide users with a secure and simple way to store, manage, and buy digital assets. The wallet was founded in 2015 and has since gained a strong reputation in the cryptocurrency space for its user-friendly interface and high-security measures. In this review, we will examine the features and benefits of Bread Wallet, as well as its limitations and drawbacks.

Interface

One of the most notable features of Bread Wallet is its user-friendly interface. The wallet is designed to be easy to use, even for those who are new to the world of cryptocurrency. The layout is simple and intuitive, with a clear overview of your portfolio and a straightforward process for sending and receiving funds. Additionally, the wallet offers a variety of customization options, allowing you to personalize your experience to your liking.

Security

Security is a top priority for Bread Wallet, and the team has implemented several measures to ensure that your funds are safe. The wallet uses industry-standard encryption techniques, such as two-factor authentication and encryption of private keys, to protect your account and prevent unauthorized access. Additionally, Bread Wallet stores your private keys locally on your device, meaning that you are in control of your funds at all times and that no one else has access to them.

Seamless Integration with Exchanges

Another benefit of Bread Wallet is its seamless integration with popular exchanges, such as Coinbase, Kraken, and Binance. This allows you to easily buy and sell digital assets directly from your wallet, without the need to transfer funds back and forth between different platforms. Furthermore, Bread Wallet supports a wide range of cryptocurrencies, making it a versatile and flexible choice for those looking to manage multiple assets.

Decentralized Nature

Bread Wallet is a decentralized wallet, meaning that there is no central authority controlling your funds. This offers several advantages, including increased privacy and security, as well as greater control over your own funds. Additionally, as a decentralized wallet, Bread Wallet is not subject to the same regulations as centralized exchanges, which can be subject to restrictions and censorship.

Pros and Cons

Despite its many benefits, Bread Wallet does have some limitations and drawbacks that are worth noting. Firstly, the wallet is only available on mobile devices, and there is no desktop or web-based version. This can be limiting for those who prefer to manage their portfolios on a larger screen. Additionally, while the wallet offers a high level of security, it is important to remember that your funds are only as secure as your device and that it is your responsibility to protect your device from theft or loss.

Conclusion:
In conclusion, Bread Wallet is a highly-regarded cryptocurrency wallet that offers a user-friendly interface, high-security measures, and seamless integration with popular exchanges. Its decentralized nature and support for a wide range of cryptocurrencies make it an excellent choice for those looking for a secure and versatile way to manage their digital assets. However, it is important to remember that the wallet does have some limitations and drawbacks, such as its limited availability on mobile devices and the responsibility for securing your device. Overall, Bread Wallet is a well-rounded wallet that is worth considering for those in need of a simple and secure way to manage their cryptocurrency portfolio.

Our Score
Security 5 / 5
Support 4 / 5
Ease of use 4 / 5
Reputation 4 / 5
Fees 4 / 5
Our Score
4.2 / 5
Pros and Cons
pros

- Support of 100+ ERC-20 tokens
- No signup is required

cons

- No fiat purchase option

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User reviews
Keller 28 November 2020
4.0

It's possible to make transactions without leaving the wallet, I like it.

Bruce david
6 August 2023
I fell victim to some scam forex trading platform and I lost a lot of my funds to them but thanks to Lisa for her help in getting my funds recovered. She work with a recovery company called Lost funds rescue and you can as well reach to their webmail via support @ Lfrescue. org. I got all my funds recovered after reporting to Mrs Lisa via her mail Lisa.Eric @ proton .me or WhatsApp + 1 (470 ) 469-9769 if you need help in getting your lost funds back as well.
Serafim 15 November 2020
5.0

The Android app performs without failure, easy to use.

Palaye 1 September 2020
5.0

The bread is tasty and the wallet is fine!

Sarabic 19 August 2020
5.0

It works fast, fast depositing and withdrawing, it saves my time and help me training with big pleasure.

Eregor 26 July 2020
5.0

The name of the wallet is a little bit odd. But, the app is good, no complaints.

Country: Cayman Islands
Launched: 2014
Site: brd.com
Security: Personal
Anonymity: Medium
Ease of use: Average
Features: Open Source, Hierarchical Deterministic
Platforms: Android, iOS
Source code URL: https://github.com/breadwallet/breadwallet-ios
ValidationType: SPV

List of coins

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