BitPay Wallet vs Toast Wallet Comparison

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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

2010 2017

Country

International New Zealand

Languages

English, French, Spanish English

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot 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) 1 - Ripple (XRP)

Security

No data Personal

Anonymity

No data Low

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 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

bitpay.com toastwallet.com

Twitter

@BitPay @ToastWallet
Website Website bitpay.com Website toastwallet.com
Twitter Twitter @BitPay Twitter @ToastWallet

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.

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?
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Trust Score: 4.31 / 5 Write review
Trust Score: 4.07 / 5
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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: