BitPay Wallet

BitPay Wallet is the HD-multisignature wallet originally built to secure BitPay's funds. BitPay supports multiple personal and shared wallets, testnet, and the full Payment Protocol. A private BWS node can be used for enhanced security and privacy.

Features:

Legacy Addresses

Multisig

Good

Acceptable

Caution

Not applicable

Control over your money

This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.

Centralized validation

This wallet relies on a centralized service by default. This means a third party must be trusted to not hide or simulate payments.

Basic transparency

The developers of this wallet publish the source code for the client. This means any developer in the world can audit the code. However, you still need to trust developers of this wallet when installing or updating the final software because it was not built deterministically like Bitcoin Core.

Secure environment

This wallet is loaded on mobiles where apps are usually isolated. This provides a good protection against malware, although mobiles are usually easier to steal or lose. Encrypting your mobile and backing up your wallet can reduce that risk.

Basic privacy

Prevents spying on your payments

This wallet makes it harder to spy on your balance and payments by rotating addresses. You should still take care to use a new Bitcoin address each time you request payment.

Discloses information to a third party

This wallet uses central servers which are able to associate your payments together and log your IP address.

Tor not supported

This wallet does not let you use Tor to prevent attackers or Internet service providers from associating your payments with your IP address.

Dynamic fee with override

This wallet provides fee suggestions which are based on current network conditions which you can override. This means that this wallet will help you choose the appropriate fee so that your transactions are confirmed in a timely manner without paying more than you have to, but ultimately gives you control if you want to override the suggestion.

Visit website Source code

Visit website Source code

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Control

Validation

Transparency

Environment

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Fees