Bread Wallet vs CoinSpot Wallet Comparison

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Bread Wallet and CoinSpot Wallet are two popular cryptocurrency wallets that allow users to securely store and manage their digital assets. While both wallets have their unique features, they also have some similarities. In this review, we will compare and contrast the two wallets based on their features, security, ease of use, customer support, and overall reputation.

Features

Bread Wallet is a mobile wallet that supports Bitcoin, Ethereum, Bitcoin Cash, and several other cryptocurrencies. It offers users the ability to buy and sell cryptocurrencies within the app, as well as the ability to send and receive funds. One of the unique features of Bread Wallet is its support for hardware wallets, such as Ledger and Trezor. This allows users to store their private keys offline, providing an additional layer of security.

On the other hand, CoinSpot Wallet is a web-based wallet that supports over 200 cryptocurrencies. In addition to storing and managing digital assets, the wallet also offers a range of features such as live price tracking, trading, and the ability to buy and sell cryptocurrencies using AUD, EUR, and USD. The wallet also offers two-factor authentication and multi-signature security for added protection.

Security

Security is an important consideration when it comes to choosing a cryptocurrency wallet. Bread Wallet and CoinSpot Wallet both take security seriously and have implemented measures to ensure the safety of users' digital assets.
Bread Wallet uses a combination of security measures, including two-factor authentication and Touch ID, to protect user accounts. Additionally, the wallet offers the option to set a recovery phrase, which can be used to restore the wallet in the event of a lost or stolen device. As mentioned earlier, Bread Wallet also supports hardware wallets, which provides an extra layer of security by storing private keys offline.
CoinSpot Wallet also takes security seriously and has implemented several measures to protect user accounts. The wallet uses two-factor authentication and multi-signature security to prevent unauthorized access to user funds. Additionally, the wallet stores the majority of user funds in cold storage, which is offline and inaccessible to hackers.

Ease of Use

Both Bread Wallet and CoinSpot Wallet are designed with ease of use in mind, making them suitable for beginners and experienced users alike.
Bread Wallet has a simple and intuitive user interface, which makes it easy to navigate and use. The wallet is designed to be user-friendly and does not require any technical knowledge to operate. Users can quickly and easily send and receive funds, as well as buy and sell cryptocurrencies within the app.
CoinSpot Wallet is also designed with ease of use in mind. The wallet has a user-friendly interface, which allows users to easily navigate the platform and perform various tasks, such as buying and selling cryptocurrencies. The wallet also offers a range of educational resources, such as tutorials and FAQs, which can help users to understand the platform and how it works.

Customer Support

Customer support is an important consideration when choosing a cryptocurrency wallet. Both Bread Wallet and CoinSpot Wallet offer customer support to their users, although the quality of support can vary.
Bread Wallet offers customer support through its website and social media channels. Users can submit a support ticket or contact the Bread Wallet team through social media if they need assistance. However, the response times can vary, and some users have reported slow response times.
CoinSpot Wallet also offers customer support through its website and social media channels. Users can submit a support ticket or contact the CoinSpot team through social media if they need assistance. The wallet also has a dedicated support team that is available 24/7 to help users with any issues or concerns.

Overall Reputation

When it comes to reputation, both Bread Wallet and CoinSpot Wallet have generally positive reviews. Bread Wallet is highly rated for its security features and ease of use, while CoinSpot Wallet is praised for its range of features and customer support.

Conclusion

In conclusion, both Bread Wallet and CoinSpot Wallet have their strengths and weaknesses. Bread Wallet is a great option for those looking for a simple and easy-to-use wallet with a high level of security. It is ideal for those who prioritize security and privacy, and want to keep their funds offline. On the other hand, CoinSpot Wallet is a great choice for those who want to trade cryptocurrencies as well as store them. It offers a wide range of features and supports a large number of cryptocurrencies.
Ultimately, the choice between the two will depend on the individual's needs and preferences. If security is a top priority and the user wants a simple and user-friendly wallet, then Bread Wallet is the way to go. However, if the user is looking for a more versatile wallet that offers trading capabilities, then CoinSpot Wallet is the better option.
Regardless of which wallet is chosen, it is important to remember to always keep private keys secure and never share them with anyone. Also, users should always do their own research and due diligence before using any cryptocurrency wallet to ensure that it meets their specific needs and is compatible with the cryptocurrencies they plan to hold.

Company
User rating User rating 4.8 / 5 6 user review User rating 4.3 / 5 16 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4.65 / 5 Trust Score 3.73 / 5

About

Bread Wallet is the cryptocurrency wallet for transactions with BTC, BCH, ETH, XBT and ERC-20 tokens. Using Bread Wallet, one can buy and trade with the supported coins.
Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.

Founding Date

2014 2013

Country

Cayman Islands Australia

Languages

English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Danish, Swedish English

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot wallet

Private keys

Available Not available

Available coins

74 - Bitcoin (BTC), Basic Attention Token (BAT), OmiseGO (OMG), ICON (ICX), Bytom (BTM), Populous (PPT), DigixDAO (DGD), Zilliqa (ZIL), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), Waltonchain (WTC), aelf (ELF), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), SALT (SALT), Power Ledger (POWR), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Civic (CVC), Iconomi (ICN), 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), Aragon (ANT), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), SIRIN LABS Token (SRN), Genesis Vision (GVT), THETA (THETA), Credits (CS), Gifto (GTO), BLOCKv (VEE), Comet (CMT), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), Edgeless (EDG), Oyster Pearl (PRL), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Tron (TRX), WAX (WAXP) 149 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM)

Security

Personal No data

Anonymity

Medium No data

Ease of use

Average No data

Has attached card

no No data

Has trading facilities

No data No data

Has vouchers and offers

No data No data

Features

Open Source, Hierarchical Deterministic No data
About
Bread Wallet is the cryptocurrency wallet for transactions with BTC, BCH, ETH, XBT and ERC-20 tokens. Using Bread Wallet, one can buy and trade with the supported coins.
Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.
Founding Date Founding Date 2014 Founding Date 2013
Country Country Cayman Islands Country Australia
Languages Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Dutch, Danish, Swedish 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 Not available
Available coins Available coins 74 - Bitcoin (BTC), Basic Attention Token (BAT), OmiseGO (OMG), ICON (ICX), Bytom (BTM), Populous (PPT), DigixDAO (DGD), Zilliqa (ZIL), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), Waltonchain (WTC), aelf (ELF), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), SALT (SALT), Power Ledger (POWR), Storm (STORM), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Civic (CVC), Iconomi (ICN), 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), Aragon (ANT), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), SIRIN LABS Token (SRN), Genesis Vision (GVT), THETA (THETA), Credits (CS), Gifto (GTO), BLOCKv (VEE), Comet (CMT), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SingularDTV (SNGLS), Eidoo (EDO), Edgeless (EDG), Oyster Pearl (PRL), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Tron (TRX), WAX (WAXP) Available coins 149 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM)
Security Security Personal Security No data
Anonymity Anonymity Medium Anonymity No data
Ease of use Ease of use Average 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 Open Source, Hierarchical Deterministic Features No data

Social

Website

brd.com twitter.com

Twitter

@BRDHQ CoinSpot
Website Website brd.com Website twitter.com
Twitter Twitter @BRDHQ Twitter CoinSpot

Advantages

- Support of 100+ ERC-20 tokens - No signup is required - Easy to use and secure - Trusted

Disadvantages

- No fiat purchase option - The platform can only be used by Australian residents - A deposit with a card has a 1% charges fee

Rating

User rating User rating 4.8 / 5 6 user review User rating 4.3 / 5 16 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Support of 100+ ERC-20 tokens - No signup is required Advantages - Easy to use and secure - Trusted
Disadvantages Disadvantages - No fiat purchase option Disadvantages - The platform can only be used by Australian residents - A deposit with a card has a 1% charges fee

Bread Wallet user rating is 4.8, based on 6 user reviews. CoinSpot Wallet user rating is 4.3, based on 16 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: 4.65 / 5 Write review
Trust Score: 3.73 / 5
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Bread Wallet and CoinSpot Wallet are two popular cryptocurrency wallets that allow users to securely store and manage their digital assets. While both wallets have their unique features, they also have some similarities. In this review, we will compare and contrast the two wallets based on their features, security, ease of use, customer support, and overall reputation.

Features

Bread Wallet is a mobile wallet that supports Bitcoin, Ethereum, Bitcoin Cash, and several other cryptocurrencies. It offers users the ability to buy and sell cryptocurrencies within the app, as well as the ability to send and receive funds. One of the unique features of Bread Wallet is its support for hardware wallets, such as Ledger and Trezor. This allows users to store their private keys offline, providing an additional layer of security.

On the other hand, CoinSpot Wallet is a web-based wallet that supports over 200 cryptocurrencies. In addition to storing and managing digital assets, the wallet also offers a range of features such as live price tracking, trading, and the ability to buy and sell cryptocurrencies using AUD, EUR, and USD. The wallet also offers two-factor authentication and multi-signature security for added protection.

Security

Security is an important consideration when it comes to choosing a cryptocurrency wallet. Bread Wallet and CoinSpot Wallet both take security seriously and have implemented measures to ensure the safety of users' digital assets.
Bread Wallet uses a combination of security measures, including two-factor authentication and Touch ID, to protect user accounts. Additionally, the wallet offers the option to set a recovery phrase, which can be used to restore the wallet in the event of a lost or stolen device. As mentioned earlier, Bread Wallet also supports hardware wallets, which provides an extra layer of security by storing private keys offline.
CoinSpot Wallet also takes security seriously and has implemented several measures to protect user accounts. The wallet uses two-factor authentication and multi-signature security to prevent unauthorized access to user funds. Additionally, the wallet stores the majority of user funds in cold storage, which is offline and inaccessible to hackers.

Ease of Use

Both Bread Wallet and CoinSpot Wallet are designed with ease of use in mind, making them suitable for beginners and experienced users alike.
Bread Wallet has a simple and intuitive user interface, which makes it easy to navigate and use. The wallet is designed to be user-friendly and does not require any technical knowledge to operate. Users can quickly and easily send and receive funds, as well as buy and sell cryptocurrencies within the app.
CoinSpot Wallet is also designed with ease of use in mind. The wallet has a user-friendly interface, which allows users to easily navigate the platform and perform various tasks, such as buying and selling cryptocurrencies. The wallet also offers a range of educational resources, such as tutorials and FAQs, which can help users to understand the platform and how it works.

Customer Support

Customer support is an important consideration when choosing a cryptocurrency wallet. Both Bread Wallet and CoinSpot Wallet offer customer support to their users, although the quality of support can vary.
Bread Wallet offers customer support through its website and social media channels. Users can submit a support ticket or contact the Bread Wallet team through social media if they need assistance. However, the response times can vary, and some users have reported slow response times.
CoinSpot Wallet also offers customer support through its website and social media channels. Users can submit a support ticket or contact the CoinSpot team through social media if they need assistance. The wallet also has a dedicated support team that is available 24/7 to help users with any issues or concerns.

Overall Reputation

When it comes to reputation, both Bread Wallet and CoinSpot Wallet have generally positive reviews. Bread Wallet is highly rated for its security features and ease of use, while CoinSpot Wallet is praised for its range of features and customer support.

Conclusion

In conclusion, both Bread Wallet and CoinSpot Wallet have their strengths and weaknesses. Bread Wallet is a great option for those looking for a simple and easy-to-use wallet with a high level of security. It is ideal for those who prioritize security and privacy, and want to keep their funds offline. On the other hand, CoinSpot Wallet is a great choice for those who want to trade cryptocurrencies as well as store them. It offers a wide range of features and supports a large number of cryptocurrencies.
Ultimately, the choice between the two will depend on the individual's needs and preferences. If security is a top priority and the user wants a simple and user-friendly wallet, then Bread Wallet is the way to go. However, if the user is looking for a more versatile wallet that offers trading capabilities, then CoinSpot Wallet is the better option.
Regardless of which wallet is chosen, it is important to remember to always keep private keys secure and never share them with anyone. Also, users should always do their own research and due diligence before using any cryptocurrency wallet to ensure that it meets their specific needs and is compatible with the cryptocurrencies they plan to hold.