Crypto wallet Blockchain - real customer reviews Blockchain

Blockchain Quick Reference

Blockchain.com is a big company. It provides services in 4 areas:

observes Bitcoin blocks (and this is where her activity began),
serves as a cryptocurrency exchange,
provides an API service for Bitcoin developers,
wallets for everyone .

Blockchain calls its crypto wallet a “bank” and the “most secure and popular” solution for investing and storing digital assets. You can't argue with the fact that the wallet is popular. Firstly, they talk about it in the circles of crypto owners. And secondly, it has impressive statistics - more than 49 million registrations and a transaction volume of $200 billion.

It is worth keeping in mind that
Blockchain are often counterfeited: scammers create identical sites to collect user logins and passwords and then steal accounts. We advise you to carefully monitor which domain name is displayed in the address bar. There are also known cases of phishing emails. You can receive a letter by email asking you to enter your information. It is supposedly from Blockchain, but this is also the work of criminals.

Blockchain Wallet Features

The storage works in the browser, it can also be downloaded to smartphones with Android and iOS operating systems.

Blockchain developers claim 4 properties of the wallet.

Safety

Blockchain claims that it provides complete control over the cryptocurrency, creates a backup copy of funds and protects them from unauthorized access.

Sending and receiving

In Blockchain, you can save coins and use them as a means of payment. There is a promise of the lowest commissions possible on the market.

It is known that commissions are dynamic. You can set a high reward amount so that miners process the transaction quickly.

Buying, selling and exchanging

In the wallet, you can exchange some coins for others, as well as sell and buy them for fiat money.

Please note that buying and selling for fiat is possible in a limited number of countries.

Access from anywhere

The wallet can be used on the go. It is also convenient because it is well translated into Russian.

Registration on the Blockchain is quick. To get an account to manage your cryptocurrency, you need to leave an email and repeat the password twice.

Blockchain developers are based in the UK and around the world. Now the company is developing. You can track her activities on Twitter, LinkedIn, Facebook, and follow the updates in the Play Market or App Store.

The support center has left answers to popular questions, instructions and a blog for users. However, these materials have not been translated into Russian.

How to create an account in the Blockchain .info wallet?

Click on the “Sign Up” link, which will start the registration process. This interface will look the same on PCs and laptops, as well as on portable gadgets with Internet access.
In the window that opens, fill in all the fields provided to you correctly. There are only three of them here - your email address, the desired password and its confirmation. Below you need to check the box to confirm your agreement with the terms of service and the license agreement.
By clicking on the “Continue” button you will confirm everything written and proceed to the next stage. What’s nice is that you won’t be forced to confirm your email address. No waiting for emails or clicking on links.

Registration after meeting these three conditions will be completed, and you will be taken to a convenient personal account menu, where you can view your current balance, make financial transactions, read the FAQ for working with the service, and activate additional security measures. The latter is done in the “Security Center” tab. There you can link your wallet to your mobile number, enable two-factor authentication, and confirm the authenticity of your email address.

How to register on Blockchain info?

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How to work with blockchain wallets?

After logging into the system for the first time, you need to click on the Request button and select whether you will need to work with Bitcoin or Ether. After this, a string in the form of a chaotic alphanumeric sequence will appear in your Blockchain wallet. This unique code will be the address of your virtual wallet, and this is what you will need to provide to the senders or exchanges through which your account will be funded. An alternative to copying is a QR code, which can be scanned using the camera of your mobile device.

If you need to transfer your digital coins to another recipient, you should follow these guidelines:

Select the “Send” button in the menu (located in the upper center of the screen and marked with an up arrow icon). Decide in which cryptocurrency on your Blockchain wallet you want to make your transfer, then copy the sequence of characters assigned to it into the specified line. Fill in the amount field. The Blockchain wallet interface allows you to visually see not only the transfer amount, but also its equivalent in fiat money in your region and other crypto coins. The fourth point is optional. Filling out the note will allow you to provide additional information to the payee (such as what exactly you are paying for), but you can leave it blank. Below the form to fill out is a drop-down list where you can select one of the forms of commission when conducting transactions. You can increase commissions if the payment needs to be made as quickly as possible. With high deductions, it will be among the priority ones and will go through the confirmation phase faster. Clicking on the “Continue” button will complete the translation. But don’t rush – be sure to double-check everything so you don’t inadvertently send money to the wrong place. Unlike traditional payment systems, it is almost impossible to cancel an erroneous payment in a Blockchain wallet.

There are two more noteworthy sections on Blockchain. The first one is “Transactions”, contains data on completed operations: transfers, exchanges, etc. The second one is “Buy Bitcoin”, which allows you to purchase or sell a specified amount of digital currency.

Crypto is a highly volatile financial instrument, so many investors manage to earn impressive sums from the difference in rates of certain assets. Numerous user reviews only confirm this.

Details about Blockchain wallet security systems

It's easy to protect your savings and privacy using a Blockchain wallet.

There is a whole range of security systems, conventionally divided into three levels:

Link to email. The code sent by email will serve as confirmation for each major operation. Plus, the service will notify you if it notices signs of suspicious activity. This level also includes the ability to set a passphrase for possible restoration of access to the account.
Confirmation and login using a smartphone. By entering your number, you will receive one-time codes that are valid for a limited period of time. Without access to the device and these codes, no one will be able to get into your profile on the Blockchain website.
Blocking access to your account from any IP addresses belonging to anonymous Tor networks.

Is blockchain the biggest hoax of the 21st century?

For quite some time now, Bitcoin and some altcoins have been aiming to replace fiat money in the future, remove banks from intermediary in transactions and, thereby, open the gates of digital heaven for everyone, enlightened and not so enlightened. Well, let's figure it out.

Banks play a key financial role in modern society. They are not only a way to store savings or issue loans. They are also responsible for the transfer of financial benefits from one party to the transaction to another. That is, if compared with the human body, banks are the arteries of the financial system.

The main criticism that banks face from the blockchain community is the speed of transactions, fees, and information disclosure. Let's look at all this in more detail.

Banking transactions do take quite a long time. One fund transfer operation can take up to 7 business days. And if you need, say, to urgently receive money from an online casino or somewhere else, then at this speed the word “urgent” is very conditional.

However, a solution was found here quite a long time ago, even before the advent of the first blockchain - electronic payment systems. In them, transactions are carried out instantly. As for money transfers, p2p transactions are not subject to commissions.

That is, the issues of speed and bank commissions have been resolved. Disclosure remains on the agenda. Indeed, banks can provide this information at the request of the relevant authorities. The same will apply to electronic payment systems. It is for this reason that, for the purpose of control, states today oblige EPS to verify the identity of users.

Blockchain seems to solve this issue. All transactions on the network are completely anonymous. Yes, any user can see any transaction that has ever taken place on the blockchain. However, it cannot identify the owner, since the sender and recipient will be a set of numbers and letters.

This is the seemingly clear benefit of blockchain. You can safely move money from point A to point B, and not just move it, but launder it, or, at worst, pay gray salaries to employees using blockchain and Bitcoin. After all, no one will know out there, to whom exactly the tokens went.

But there's one catch. Bitcoin, as well as blockchain, is perceived ambiguously by different countries today. Someone has already accepted the technology and allowed Bitcoin to circulate. Some people, on the contrary, are against it. Although this does not prevent residents of countries where the government is against it from enjoying all the benefits of Bitcoin. True, I think, for the time being.

Reviews from real users about Blockchain wallet

Opinions on the Blockchain wallet are divided in unequal proportions. Most people who have had experience with it praise its convenient minimalistic interface, the ability to purchase currency, and applications for mobile systems. And they didn’t have any problems with completed transactions – neither in the case of crediting money to the account, nor in the case of transfers to external addresses of other people and exchange services. On the other hand, it is worth noting that there is a certain percentage of people dissatisfied with the service.

Some were faced with the problem of losing access to their account and the inaction of the technical support service, which did not assist them in any way in returning their electronic wallet, and some even began to gradually lose funds from their account.

To use or not to use a Blockchain wallet to work with cryptocurrency and store your savings? It's up to you to decide. We will only note that all the problems that some users still talk about could probably have been avoided if the service’s clients had taken care of connecting all the presented protection methods. In this regard, the resource really stands out for the better and, importantly, continues to be refined and updated through the efforts of its developers.

How to use the Blockchain .info wallet? About the security system

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