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CoinKite bitcoin wallet review

CoinKite bitcoin wallet review

Coinkite, one of the most powerful and feature packed bitcoin wallet. The top notch Bitcoin wallet that has utmost priority for bitcoin funds security. Don’t use just any Bitcoin wallet, but make sure you use Coinkite because of its features and quality.

Security Features

Key Access

One of the security features of Coinkite is the method the funds are secured by transferring in and out of the wallet. There are keys used one is the xpubkey which is used to deposit Bitcoin into the Coinkite wallet. The xprivkey is used to check what pub keys are used on the account you are on. So no matter who you give control to with a xpubkey you will be able to see which keys have access to your Coinkite wallet. They also have a HSM(hardware security module) which is very secure and is designed in such a way that it is indirectly connected to the internet.

Account Sharing

Want other people to have access to the account you have so you never lose a password because more people will know how to get the account? Well, if that is the case you can use the shared account which is Multi-Signature.

Coinkite doesnt send a password to you if you lost it

One thing Coinkite is very strict about is this security feature, Coinkite doesn’t like to give any link that could give access to the funds on your account. Don’t forget the password or make sure you use a good password hint so that you can remember the password based on the hint and you will not run into any problems.

Encrypted Password

One feature of security of Coinkite is the “scrypt()” that encrypts and salts the password that you have stored with Coinkite. Now that you know the password is encrypted and salted you should feel at ease that no one can get the password to your Bitcoin wallet with Coinkite.

Privacy

You get real privacy when dealing with Coinkite and a developer API to mess around with. This is very handy for creating merchant solutions from scratch.

Fast transfers from coinkite

When going with Coinkite you should know there are many transfers that take a long time (sometimes 40+ minutes) to confirm on other Bitcoin wallets but when choosing Coinkite as the Bitcoin wallet of choice for the needs you have you will be able to get the transfers of Bitcoin in under 30 minutes or less. Check it out and sign up for Coinkite today.

Costumer Support

Some online digital currency wallets claim to be there to help you but when you get to email them there is no response. With Coinkite, you will get a response right away when emailing support. Just remember that Coinkite cannot release the password to you through email but can give you a password hint for the Coinkite account that you have.

Coinkite debitcard

Most online Bitcoin wallets or other digital currency wallets are nice but very few offer an actual debit card for Bitcoin. This is something Coinkite does and you will be able to get your Bitcoin wallet right away when signing up with a Coinkite account. Just make sure you have a decent amount of Bitcoin in your wallet to make sure you will be able to use the card when shopping around the town or at a local restaurant that accepts Bitcoin.

All in all, whether you are looking for more security or enterprise level merchant services for Bitcoin you are going to get what you would like with this wallet Coinkite and it is completely worth it.