Copay Bitcoin Wallet vs SelfKey Comparison
| Company |
|
|
| User rating |
User rating
3 / 5
1 user review
|
User rating
4 / 5
5 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
4.2 / 5
|
| Trust Score
How it works
|
Trust Score
2.86 / 5
|
Trust Score
4.31 / 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.
|
SelfKey Wallet is a product of the SelfKey foundation. It is a cryptographic wallet that supports ETH and all ERC-20 tokens storage, monitor and management. At SelfKey Wallet, the users are able to create a SelfKey ID with their personal details and KYC documents. In addition, the users' password is personal and so, no one else can have external access to it.
|
Founding Date
Country
Languages
Wallet type
Storage type
Private keys
Available coins
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
Hierarchical Deterministic, Open Source, Multi-Signature
|
No data
|
| 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.
|
SelfKey Wallet is a product of the SelfKey foundation. It is a cryptographic wallet that supports ETH and all ERC-20 tokens storage, monitor and management. At SelfKey Wallet, the users are able to create a SelfKey ID with their personal details and KYC documents. In addition, the users' password is personal and so, no one else can have external access to it.
|
| Founding Date |
Founding Date
No data
|
Founding Date
2017
|
| Country |
Country
No data
|
Country
International
|
| Languages |
Languages
No data
|
Languages
English, Chinese
|
| Wallet type |
Wallet type
No data
|
Wallet type
Software wallet
|
| Storage type |
Storage type
No data
|
Storage type
Hot wallet
|
| Private keys |
Private keys
Not available
|
Private keys
Available
|
| Available coins |
Available coins
0
|
Available coins
0
|
| Security |
Security
Personal
|
Security
No data
|
| Anonymity |
Anonymity
Medium
|
Anonymity
No data
|
| Ease of use |
Ease of use
Easy
|
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
Hierarchical Deterministic, Open Source, Multi-Signature
|
Features
No data
|
Social
Website
Twitter
Advantages
|
- Open-source
- Multisig
- Private keys control by users
- Anonymity
|
- SelfKey empowers its users to not only remain private in the ecosystem they have created but also to perform transactions and provide services - all while remaining calm about security and anonymity.
- SelfKey has its own data storage, while similar systems use public storage. This means that there is literally no way that your information is leaked and used by third parties, which can happen during a data breach in any other company or system.
- Another feature of SelfKey is that it provides a very flexible and personalized KYC process. This is the process in which public institutions such as banks verify the identity and addresses of their customers. This process is quite tedious if done the traditional way, but this is where SelfKey comes in.
- With SelfKey, you can purchase a separate ID from verified vendors and then provide it to your chosen institution. These IDs are reusable so you don't have to get new ones every time you need them. The good thing about this process is that SelfKey minimizes the amount of data provided to the institution. You can be sure that your personal information will not be leaked.
|
Disadvantages
|
- Supports only Bitcoin and Bitcoin Cash
|
- Only English and Chinese localisation.
|
Rating
| User rating |
User rating
3 / 5
1 user review
|
User rating
4 / 5
5 user review
|
| Cryptogeek rating |
Cryptogeek rating
4.2 / 5
|
Cryptogeek rating
4.2 / 5
|
| Advantages |
Advantages
- Open-source
- Multisig
- Private keys control by users
- Anonymity
|
Advantages
- SelfKey empowers its users to not only remain private in the ecosystem they have created but also to perform transactions and provide services - all while remaining calm about security and anonymity.
- SelfKey has its own data storage, while similar systems use public storage. This means that there is literally no way that your information is leaked and used by third parties, which can happen during a data breach in any other company or system.
- Another feature of SelfKey is that it provides a very flexible and personalized KYC process. This is the process in which public institutions such as banks verify the identity and addresses of their customers. This process is quite tedious if done the traditional way, but this is where SelfKey comes in.
- With SelfKey, you can purchase a separate ID from verified vendors and then provide it to your chosen institution. These IDs are reusable so you don't have to get new ones every time you need them. The good thing about this process is that SelfKey minimizes the amount of data provided to the institution. You can be sure that your personal information will not be leaked.
|
| Disadvantages |
Disadvantages
- Supports only Bitcoin and Bitcoin Cash
|
Disadvantages
- Only English and Chinese localisation.
|
Copay Bitcoin Wallet user rating is 3, based on 1 user reviews. SelfKey user rating is 4, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
Choose other companies
Copay Bitcoin Wallet vs SelfKey - Which Wallet Is Better in 2024?
This Copay Bitcoin Wallet vs SelfKey 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 SelfKey is rated 4 with 5 user reviews.
Let's finally move to overall Trust Score:
