Nexo Wallet vs OctoBit.IO Comparison

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Company
User rating User rating 3.3 / 5 3 user review User rating 3.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 3.39 / 5 Trust Score 1.99 / 5

About

Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.
OctoBit.IO is a multicurrency online wallet featuring 2FA for verification and an instant exchange of all supported crypto-currencies on the wallet. OctoBit.IO supports BTC, ETH, LTC, DASH, WAVES, and more.

Founding Date

2017 No data

Country

International No data

Languages

English No data

Wallet type

Software wallet No data

Storage type

Hot wallet No data

Private keys

Not available No data

Available coins

0 0

Security

Third Party Third Party

Anonymity

Medium Medium

Ease of use

Average Easy

Has attached card

no no

Has trading facilities

yes yes

Has vouchers and offers

No data yes

Features

Hierarchical Deterministic 2 Factor Authentication
About
Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.
OctoBit.IO is a multicurrency online wallet featuring 2FA for verification and an instant exchange of all supported crypto-currencies on the wallet. OctoBit.IO supports BTC, ETH, LTC, DASH, WAVES, and more.
Founding Date Founding Date 2017 Founding Date No data
Country Country International Country No data
Languages Languages English Languages No data
Wallet type Wallet type Software wallet Wallet type No data
Storage type Storage type Hot wallet Storage type No data
Private keys Private keys Not available Private keys No data
Available coins Available coins 0 Available coins 0
Security Security Third Party Security Third Party
Anonymity Anonymity Medium Anonymity Medium
Ease of use Ease of use Average Ease of use Easy
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities yes Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers yes
Features Features Hierarchical Deterministic Features 2 Factor Authentication

Social

Website

nexo.io octobit.io

Twitter

@NexoFinance No data
Website Website nexo.io Website octobit.io
Twitter Twitter @NexoFinance Twitter No data

Advantages

- Hierarchical Deterministic - User-friendly -

Disadvantages

- Lack of Two-Factor Authentication - No Multi-Signature -

Rating

User rating User rating 3.3 / 5 3 user review User rating 3.0 / 5 1 user review
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 0.0 / 5
Advantages Advantages - Hierarchical Deterministic - User-friendly Advantages -
Disadvantages Disadvantages - Lack of Two-Factor Authentication - No Multi-Signature Disadvantages -

Nexo Wallet user rating is 3.3, based on 3 user reviews. OctoBit.IO user rating is 3.0, based on 1 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: 3.39 / 5 Write review
Trust Score: 1.99 / 5 Write review
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Nexo Wallet vs OctoBit.IO - Which Wallet Is Better in 2024?

This Nexo Wallet vs OctoBit.IO 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, Nexo Wallet is rated 3.3 with 3 user reviews, while OctoBit.IO is rated 3.0 with 1 user reviews.

Let's finally move to overall Trust Score: