BitPay Wallet vs MyEtherWallet Comparison
| Company | ||
|---|---|---|
| User rating | 6 user review | 8 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
About
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The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
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MyEtherWallet (often referred to as MEW) is a free open-source platform providing a user-friendly interface for creating wallets for Ethereum tokens. The platform itself doesn't hold any of the user's money or data. Instead, the assets and personal information are stored on the user's devices while MyEtherWallet provides a wallet address. This approach is supposed to enhance the security of funds and provide users with total control over their assets and data. The mentioned features are available via the use of the MEWconnect mobile app.
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Founding Date
| 2010 | 2015 |
Country
| International | USA |
Languages
| English, French, Spanish | English, Japanese, Portuguese, German, French, Spanish, Italian, Greek, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Hungarian, Polish, Finnish |
Wallet type
| Software wallet | Software wallet |
Storage type
| Hot wallet | Hot / Cold wallet |
Private keys
| Available | Available |
Available coins
| 8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) | 183 - Basic Attention Token (BAT), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), 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), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Credits (CS), Pillar (PLR), Paypex (PAYX), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Binance Coin (BNB), EOS (EOS), Ethereum (ETH), Tether (USDT), Tron (TRX), LKSCOIN, Polkadot (DOT), Matic Network (MATIC), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Meter Governance (MTRG), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), sBTC (SBTC), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin |
Security
| No data | Personal |
Anonymity
| No data | High |
Ease of use
| No data | Easy |
Has attached card
| No data | no |
Has trading facilities
| No data | No data |
Has vouchers and offers
| No data | No data |
Features
| No data | Open Source |
| About |
The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
|
MyEtherWallet (often referred to as MEW) is a free open-source platform providing a user-friendly interface for creating wallets for Ethereum tokens. The platform itself doesn't hold any of the user's money or data. Instead, the assets and personal information are stored on the user's devices while MyEtherWallet provides a wallet address. This approach is supposed to enhance the security of funds and provide users with total control over their assets and data. The mentioned features are available via the use of the MEWconnect mobile app.
|
|---|---|---|
| Founding Date | Founding Date 2010 | Founding Date 2015 |
| Country | Country International | Country USA |
| Languages | Languages English, French, Spanish | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Greek, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Vietnamese, Turkish, Indonesian, Hungarian, Polish, Finnish |
| Wallet type | Wallet type Software wallet | Wallet type Software wallet |
| Storage type | Storage type Hot wallet | Storage type Hot / Cold wallet |
| Private keys | Private keys Available | Private keys Available |
| Available coins | Available coins 8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) | Available coins 183 - Basic Attention Token (BAT), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Kin (KIN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), 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), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Credits (CS), Pillar (PLR), Paypex (PAYX), Gifto (GTO), PayPie (PPP), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Binance Coin (BNB), EOS (EOS), Ethereum (ETH), Tether (USDT), Tron (TRX), LKSCOIN, Polkadot (DOT), Matic Network (MATIC), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Meter Governance (MTRG), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), sBTC (SBTC), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Paxos Standard (PAX), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin |
| Security | Security No data | Security Personal |
| Anonymity | Anonymity No data | Anonymity High |
| Ease of use | Ease of use No data | Ease of use Easy |
| Has attached card | Has attached card No data | Has attached card no |
| 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 No data | Features Open Source |
Social
Website
| bitpay.com | www.myetherwallet.com |
| @BitPay | @myetherwallet |
| Website | Website bitpay.com | Website www.myetherwallet.com |
|---|---|---|
| Twitter @BitPay | Twitter @myetherwallet |
Advantages
| - Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. | - User-friendly interface - Low fees - All ERC20 tokens supported |
Disadvantages
| - Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. | - No tokens besides ERC20 tokens - Gas can be paid only in ETH |
Rating
| User rating | User rating 6 user review | User rating 8 user review |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. | Advantages - User-friendly interface - Low fees - All ERC20 tokens supported |
| Disadvantages | Disadvantages - Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. | Disadvantages - No tokens besides ERC20 tokens - Gas can be paid only in ETH |
BitPay Wallet user rating is 3.7, based on 6 user reviews. MyEtherWallet user rating is 2, based on 8 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? |
BitPay Wallet vs MyEtherWallet - Which Wallet Is Better in 2024?
This BitPay Wallet vs MyEtherWallet 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, BitPay Wallet is rated 3.7 with 6 user reviews, while MyEtherWallet is rated 2 with 8 user reviews.
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