Coinapult's wallet is designed with Bitcoin newcomers in mind. It allows sending bitcoins via email and SMS, and a handy tool called Locks helps protecting your balance from Bitcoin price swings. Users can Lock bitcoins to Gold, Euros, and more!
Money controlled by a third party
This service has full control over your bitcoins. This means you need to trust this service will not lose your funds in an incident on their side. As of today, most web wallets don't insure their deposits like a bank, and many such services have suffered from security breaches in the past.
This wallet relies on a centralized service by default. This means a third party must be trusted to not hide or simulate payments.
This wallet is loaded from a remote location. This means that whenever you use your wallet, you need to trust the developers not to steal or lose your bitcoins in an incident on their site. Using a browser extension or mobile app, if available, can reduce that risk.
This wallet can be loaded on computers which are vulnerable to malware. Securing your computer, using a strong passphrase, moving most of your funds to cold storage, or enabling two-factor authentication can make it harder to steal your bitcoins.
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 service can associate your payments together, log your IP address and know your real identity if you provide personal information like your email, name or banking account.
Tor can be used
This wallet lets you setup and use Tor as a proxy to prevent attackers or Internet service providers from associating your payments with your IP address.
Take time to educate yourself
Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.