BitPay Wallet vs Toast Wallet Comparison
| Company |
|
|
| User rating |
User rating
3.7 / 5
6 user review
|
User rating
3.5 / 5
17 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 5
|
| Trust Score
How it works
|
Trust Score
4.31 / 5
|
Trust Score
4.07 / 5
|
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.
|
Toast wallet was an XRP wallet. It has been operating in 2017 - 2020. In 2020, it was shut down because Ripple and Xpring stopped funding its further development. Users with funds left on Toast are withdrawing their coins successfully.
|
Founding Date
Country
|
International
|
New Zealand
|
Languages
|
English, French, Spanish
|
English
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
Private keys
Available coins
|
8
- Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX)
|
1
- Ripple (XRP)
|
Security
Anonymity
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
Features
|
No data
|
Hierarchical Deterministic
|
| 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.
|
Toast wallet was an XRP wallet. It has been operating in 2017 - 2020. In 2020, it was shut down because Ripple and Xpring stopped funding its further development. Users with funds left on Toast are withdrawing their coins successfully.
|
| Founding Date |
Founding Date
2010
|
Founding Date
2017
|
| Country |
Country
International
|
Country
New Zealand
|
| Languages |
Languages
English, French, Spanish
|
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
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
1
- Ripple (XRP)
|
| Security |
Security
No data
|
Security
Personal
|
| Anonymity |
Anonymity
No data
|
Anonymity
Low
|
| 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
Hierarchical Deterministic
|
Social
Website
Twitter
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.
|
- Service is free
- Open-source software
- High speed
- Good security
|
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.
|
- The wallet was shut down
- No currencies besides XRP
- The use of fiat currencies is not allowed
|
Rating
| User rating |
User rating
3.7 / 5
6 user review
|
User rating
3.5 / 5
17 user review
|
| Cryptogeek rating |
Cryptogeek rating
4 / 5
|
Cryptogeek rating
4.2 / 5
|
| 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
- Service is free
- Open-source software
- High speed
- Good security
|
| 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
- The wallet was shut down
- No currencies besides XRP
- The use of fiat currencies is not allowed
|
BitPay Wallet user rating is 3.7, based on 6 user reviews. Toast Wallet user rating is 3.5, based on 17 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
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BitPay Wallet vs Toast Wallet - Which Wallet Is Better in 2024?
This BitPay Wallet vs Toast Wallet 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 Toast Wallet is rated 3.5 with 17 user reviews.
Let's finally move to overall Trust Score:
