Bread Wallet vs CoinSpot Wallet Comparison
Bread Wallet and CoinSpot Wallet are two popular cryptocurrency wallets that allow users to securely store and manage their digital assets. While both wallets have their unique features, they also have some similarities. In this review, we will compare and contrast the two wallets based on their features, security, ease of use, customer support, and overall reputation.
Features
Bread Wallet is a mobile wallet that supports Bitcoin, Ethereum, Bitcoin Cash, and several other cryptocurrencies. It offers users the ability to buy and sell cryptocurrencies within the app, as well as the ability to send and receive funds. One of the unique features of Bread Wallet is its support for hardware wallets, such as Ledger and Trezor. This allows users to store their private keys offline, providing an additional layer of security.
On the other hand, CoinSpot Wallet is a web-based wallet that supports over 200 cryptocurrencies. In addition to storing and managing digital assets, the wallet also offers a range of features such as live price tracking, trading, and the ability to buy and sell cryptocurrencies using AUD, EUR, and USD. The wallet also offers two-factor authentication and multi-signature security for added protection.
Security
Security is an important consideration when it comes to choosing a cryptocurrency wallet. Bread Wallet and CoinSpot Wallet both take security seriously and have implemented measures to ensure the safety of users' digital assets.
Bread Wallet uses a combination of security measures, including two-factor authentication and Touch ID, to protect user accounts. Additionally, the wallet offers the option to set a recovery phrase, which can be used to restore the wallet in the event of a lost or stolen device. As mentioned earlier, Bread Wallet also supports hardware wallets, which provides an extra layer of security by storing private keys offline.
CoinSpot Wallet also takes security seriously and has implemented several measures to protect user accounts. The wallet uses two-factor authentication and multi-signature security to prevent unauthorized access to user funds. Additionally, the wallet stores the majority of user funds in cold storage, which is offline and inaccessible to hackers.
Ease of Use
Both Bread Wallet and CoinSpot Wallet are designed with ease of use in mind, making them suitable for beginners and experienced users alike.
Bread Wallet has a simple and intuitive user interface, which makes it easy to navigate and use. The wallet is designed to be user-friendly and does not require any technical knowledge to operate. Users can quickly and easily send and receive funds, as well as buy and sell cryptocurrencies within the app.
CoinSpot Wallet is also designed with ease of use in mind. The wallet has a user-friendly interface, which allows users to easily navigate the platform and perform various tasks, such as buying and selling cryptocurrencies. The wallet also offers a range of educational resources, such as tutorials and FAQs, which can help users to understand the platform and how it works.
Customer Support
Customer support is an important consideration when choosing a cryptocurrency wallet. Both Bread Wallet and CoinSpot Wallet offer customer support to their users, although the quality of support can vary.
Bread Wallet offers customer support through its website and social media channels. Users can submit a support ticket or contact the Bread Wallet team through social media if they need assistance. However, the response times can vary, and some users have reported slow response times.
CoinSpot Wallet also offers customer support through its website and social media channels. Users can submit a support ticket or contact the CoinSpot team through social media if they need assistance. The wallet also has a dedicated support team that is available 24/7 to help users with any issues or concerns.
Overall Reputation
When it comes to reputation, both Bread Wallet and CoinSpot Wallet have generally positive reviews. Bread Wallet is highly rated for its security features and ease of use, while CoinSpot Wallet is praised for its range of features and customer support.
Conclusion
In conclusion, both Bread Wallet and CoinSpot Wallet have their strengths and weaknesses. Bread Wallet is a great option for those looking for a simple and easy-to-use wallet with a high level of security. It is ideal for those who prioritize security and privacy, and want to keep their funds offline. On the other hand, CoinSpot Wallet is a great choice for those who want to trade cryptocurrencies as well as store them. It offers a wide range of features and supports a large number of cryptocurrencies.
Ultimately, the choice between the two will depend on the individual's needs and preferences. If security is a top priority and the user wants a simple and user-friendly wallet, then Bread Wallet is the way to go. However, if the user is looking for a more versatile wallet that offers trading capabilities, then CoinSpot Wallet is the better option.
Regardless of which wallet is chosen, it is important to remember to always keep private keys secure and never share them with anyone. Also, users should always do their own research and due diligence before using any cryptocurrency wallet to ensure that it meets their specific needs and is compatible with the cryptocurrencies they plan to hold.
| Company |
|
|
| User rating |
User rating
4.8 / 5
6 user review
|
User rating
4.3 / 5
16 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
4 / 5
|
| Trust Score
How it works
|
Trust Score
4.65 / 5
|
Trust Score
3.73 / 5
|
About
|
Bread Wallet is the cryptocurrency wallet for transactions with BTC, BCH, ETH, XBT and ERC-20 tokens. Using Bread Wallet, one can buy and trade with the supported coins.
|
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.
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Founding Date
Country
Languages
|
English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Danish, Swedish
|
English
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
Available coins
|
74
- Bitcoin (BTC), Basic Attention Token (BAT), OmiseGO (OMG), ICON (ICX), Bytom (BTM), Populous (PPT), DigixDAO (DGD), Zilliqa (ZIL), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), Waltonchain (WTC), aelf (ELF), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), SALT (SALT), Power Ledger (POWR), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Civic (CVC), Iconomi (ICN), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Aragon (ANT), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), SIRIN LABS Token (SRN), Genesis Vision (GVT), THETA (THETA), Credits (CS), Gifto (GTO), BLOCKv (VEE), Comet (CMT), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), Edgeless (EDG), Oyster Pearl (PRL), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Tron (TRX), WAX (WAXP)
|
149
- Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM)
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Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
Open Source, Hierarchical Deterministic
|
No data
|
| About |
Bread Wallet is the cryptocurrency wallet for transactions with BTC, BCH, ETH, XBT and ERC-20 tokens. Using Bread Wallet, one can buy and trade with the supported coins.
|
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.
|
| Founding Date |
Founding Date
2014
|
Founding Date
2013
|
| Country |
Country
Cayman Islands
|
Country
Australia
|
| Languages |
Languages
English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Danish, Swedish
|
Languages
English
|
| Wallet type |
Wallet type
Software wallet
|
Wallet type
Software wallet
|
| Storage type |
Storage type
Hot wallet
|
Storage type
Hot wallet
|
| Private keys |
Private keys
Available
|
Private keys
Not available
|
| Available coins |
Available coins
74
- Bitcoin (BTC), Basic Attention Token (BAT), OmiseGO (OMG), ICON (ICX), Bytom (BTM), Populous (PPT), DigixDAO (DGD), Zilliqa (ZIL), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), Waltonchain (WTC), aelf (ELF), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), SALT (SALT), Power Ledger (POWR), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Civic (CVC), Iconomi (ICN), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Aragon (ANT), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), SIRIN LABS Token (SRN), Genesis Vision (GVT), THETA (THETA), Credits (CS), Gifto (GTO), BLOCKv (VEE), Comet (CMT), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), Edgeless (EDG), Oyster Pearl (PRL), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Tron (TRX), WAX (WAXP)
|
Available coins
149
- Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM)
|
| Security |
Security
Personal
|
Security
No data
|
| Anonymity |
Anonymity
Medium
|
Anonymity
No data
|
| Ease of use |
Ease of use
Average
|
Ease of use
No data
|
| Has attached card |
Has attached card
no
|
Has attached card
No data
|
| Has trading facilities |
Has trading facilities
No data
|
Has trading facilities
No data
|
| Has vouchers and offers |
Has vouchers and offers
No data
|
Has vouchers and offers
No data
|
| Features |
Features
Open Source, Hierarchical Deterministic
|
Features
No data
|
Social
Website
Twitter
Advantages
|
- Support of 100+ ERC-20 tokens
- No signup is required
|
- Easy to use and secure
- Trusted
|
Disadvantages
|
- No fiat purchase option
|
- The platform can only be used by Australian residents
- A deposit with a card has a 1% charges fee
|
Rating
| User rating |
User rating
4.8 / 5
6 user review
|
User rating
4.3 / 5
16 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
4 / 5
|
| Advantages |
Advantages
- Support of 100+ ERC-20 tokens
- No signup is required
|
Advantages
- Easy to use and secure
- Trusted
|
| Disadvantages |
Disadvantages
- No fiat purchase option
|
Disadvantages
- The platform can only be used by Australian residents
- A deposit with a card has a 1% charges fee
|
Bread Wallet user rating is 4.8, based on 6 user reviews. CoinSpot Wallet user rating is 4.3, based on 16 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
Choose other companies
Bread Wallet and CoinSpot Wallet are two popular cryptocurrency wallets that allow users to securely store and manage their digital assets. While both wallets have their unique features, they also have some similarities. In this review, we will compare and contrast the two wallets based on their features, security, ease of use, customer support, and overall reputation.
Features
Bread Wallet is a mobile wallet that supports Bitcoin, Ethereum, Bitcoin Cash, and several other cryptocurrencies. It offers users the ability to buy and sell cryptocurrencies within the app, as well as the ability to send and receive funds. One of the unique features of Bread Wallet is its support for hardware wallets, such as Ledger and Trezor. This allows users to store their private keys offline, providing an additional layer of security.
On the other hand, CoinSpot Wallet is a web-based wallet that supports over 200 cryptocurrencies. In addition to storing and managing digital assets, the wallet also offers a range of features such as live price tracking, trading, and the ability to buy and sell cryptocurrencies using AUD, EUR, and USD. The wallet also offers two-factor authentication and multi-signature security for added protection.
Security
Security is an important consideration when it comes to choosing a cryptocurrency wallet. Bread Wallet and CoinSpot Wallet both take security seriously and have implemented measures to ensure the safety of users' digital assets.
Bread Wallet uses a combination of security measures, including two-factor authentication and Touch ID, to protect user accounts. Additionally, the wallet offers the option to set a recovery phrase, which can be used to restore the wallet in the event of a lost or stolen device. As mentioned earlier, Bread Wallet also supports hardware wallets, which provides an extra layer of security by storing private keys offline.
CoinSpot Wallet also takes security seriously and has implemented several measures to protect user accounts. The wallet uses two-factor authentication and multi-signature security to prevent unauthorized access to user funds. Additionally, the wallet stores the majority of user funds in cold storage, which is offline and inaccessible to hackers.
Ease of Use
Both Bread Wallet and CoinSpot Wallet are designed with ease of use in mind, making them suitable for beginners and experienced users alike.
Bread Wallet has a simple and intuitive user interface, which makes it easy to navigate and use. The wallet is designed to be user-friendly and does not require any technical knowledge to operate. Users can quickly and easily send and receive funds, as well as buy and sell cryptocurrencies within the app.
CoinSpot Wallet is also designed with ease of use in mind. The wallet has a user-friendly interface, which allows users to easily navigate the platform and perform various tasks, such as buying and selling cryptocurrencies. The wallet also offers a range of educational resources, such as tutorials and FAQs, which can help users to understand the platform and how it works.
Customer Support
Customer support is an important consideration when choosing a cryptocurrency wallet. Both Bread Wallet and CoinSpot Wallet offer customer support to their users, although the quality of support can vary.
Bread Wallet offers customer support through its website and social media channels. Users can submit a support ticket or contact the Bread Wallet team through social media if they need assistance. However, the response times can vary, and some users have reported slow response times.
CoinSpot Wallet also offers customer support through its website and social media channels. Users can submit a support ticket or contact the CoinSpot team through social media if they need assistance. The wallet also has a dedicated support team that is available 24/7 to help users with any issues or concerns.
Overall Reputation
When it comes to reputation, both Bread Wallet and CoinSpot Wallet have generally positive reviews. Bread Wallet is highly rated for its security features and ease of use, while CoinSpot Wallet is praised for its range of features and customer support.
Conclusion
In conclusion, both Bread Wallet and CoinSpot Wallet have their strengths and weaknesses. Bread Wallet is a great option for those looking for a simple and easy-to-use wallet with a high level of security. It is ideal for those who prioritize security and privacy, and want to keep their funds offline. On the other hand, CoinSpot Wallet is a great choice for those who want to trade cryptocurrencies as well as store them. It offers a wide range of features and supports a large number of cryptocurrencies.
Ultimately, the choice between the two will depend on the individual's needs and preferences. If security is a top priority and the user wants a simple and user-friendly wallet, then Bread Wallet is the way to go. However, if the user is looking for a more versatile wallet that offers trading capabilities, then CoinSpot Wallet is the better option.
Regardless of which wallet is chosen, it is important to remember to always keep private keys secure and never share them with anyone. Also, users should always do their own research and due diligence before using any cryptocurrency wallet to ensure that it meets their specific needs and is compatible with the cryptocurrencies they plan to hold.
