Copay Bitcoin Wallet vs SpectroCoin Comparison

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Company
User rating User rating 3 / 5 1 user review User rating 2.8 / 5 29 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 2.86 / 5 Trust Score 3.49 / 5

About

Copay is an Hierarchical Deterministic wallet. This means that funds in the wallet can be restored using old backups, diminishing the risks of losing funds. The extra security of using different addresses for each bitcoin transaction is also a positive security feature alongside multisignature capabilities. Copay allows users to check prices in over 150 currencies. 
SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.

Founding Date

No data 2013

Country

No data United Kingdom

Languages

No data English

Wallet type

No data Software wallet

Storage type

No data Cold wallet

Private keys

Not available Not available

Available coins

0 17 - Bitcoin (BTC), Basic Attention Token (BAT), Zcash (ZEC), Dogecoin (DOGE), 0x (ZRX), USD Coin (USDC), Ripple (XRP), Dash (DASH), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tether (USDT), Matic Network (MATIC), Algorand (ALGO), TrueUSD (TUSD), Paxos Standard (PAX)

Security

Personal Third Party Encrypted

Anonymity

Medium Low

Ease of use

Easy Average

Has attached card

no no

Has trading facilities

No data yes

Has vouchers and offers

No data yes

Features

Hierarchical Deterministic, Open Source, Multi-Signature 2 Factor Authentication
About
Copay is an Hierarchical Deterministic wallet. This means that funds in the wallet can be restored using old backups, diminishing the risks of losing funds. The extra security of using different addresses for each bitcoin transaction is also a positive security feature alongside multisignature capabilities. Copay allows users to check prices in over 150 currencies. 
SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.
Founding Date Founding Date No data Founding Date 2013
Country Country No data Country United Kingdom
Languages Languages No data Languages English
Wallet type Wallet type No data Wallet type Software wallet
Storage type Storage type No data Storage type Cold wallet
Private keys Private keys Not available Private keys Not available
Available coins Available coins 0 Available coins 17 - Bitcoin (BTC), Basic Attention Token (BAT), Zcash (ZEC), Dogecoin (DOGE), 0x (ZRX), USD Coin (USDC), Ripple (XRP), Dash (DASH), Ethereum (ETH), Litecoin (LTC), NEM (XEM), Stellar (XLM), Tether (USDT), Matic Network (MATIC), Algorand (ALGO), TrueUSD (TUSD), Paxos Standard (PAX)
Security Security Personal Security Third Party Encrypted
Anonymity Anonymity Medium Anonymity Low
Ease of use Ease of use Easy Ease of use Average
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities No data Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers yes
Features Features Hierarchical Deterministic, Open Source, Multi-Signature Features 2 Factor Authentication

Social

Website

copay.io spectrocoin.com

Twitter

No data @spectrocoin
Website Website copay.io Website spectrocoin.com
Twitter Twitter No data Twitter @spectrocoin

Advantages

- Open-source - Multisig - Private keys control by users - Anonymity - The platform provides its own debit card - The support of numerous fiat currencies - Numerous API options

Disadvantages

- Supports only Bitcoin and Bitcoin Cash - Relatively high fees - Too few info about the security measures

Rating

User rating User rating 3 / 5 1 user review User rating 2.8 / 5 29 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Open-source - Multisig - Private keys control by users - Anonymity Advantages - The platform provides its own debit card - The support of numerous fiat currencies - Numerous API options
Disadvantages Disadvantages - Supports only Bitcoin and Bitcoin Cash Disadvantages - Relatively high fees - Too few info about the security measures

Copay Bitcoin Wallet user rating is 3, based on 1 user reviews. SpectroCoin user rating is 2.8, based on 29 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 2.86 / 5 Write review
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Trust Score: 3.49 / 5
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Copay Bitcoin Wallet vs SpectroCoin - Which Wallet Is Better in 2024?

This Copay Bitcoin Wallet vs SpectroCoin comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, Copay Bitcoin Wallet is rated 3 with 1 user reviews, while SpectroCoin is rated 2.8 with 29 user reviews.

Let's finally move to overall Trust Score: