The Crypto space is fast moving towards increased adoption, and developers are looking to create simple, user-friendly products that can be integrated into our normal daily lives. One such product that has recently gained increased usability is Spot – an iOS & Android-based cryptocurrency wallet.
This review will dive deeper into Spot looking at some of its incredible features, development team, and differences with other exchanges and wallets.
Spot is a mobile app that allows users to easily & securely buy Bitcoin. Spot is indeed a revolutionary wallet focused on security, ease of use, and user-friendliness. This user-friendly wallet lets you buy Bitcoin instantly by debit & credit card worldwide, follow the market & news. Since launching in April 2018 as a beta version, Spot continues to offer cryptocurrency holders am exciting app interface with powerful features yet easy to use!
You can easily receive Bitcoins from anywhere in the globe using your Bitcoin receive address on the Spot wallet. To receive Bitcoins on your Spot wallet, proceed as below:
In the Send tab, tap on the button in the top-left corner (an arrow going down).
Spot allows you to share your receive address with others by just copying your Bitcoin receive address and then share it. Note that no one will be able to access your Bitcoins with your receive address. Also, your Bitcoin address will change every time you receive funds to enhance your privacy and security of your coins.
Spot allows you to send Bitcoin to any person or service that is compatible and accepts Bitcoin, i.e., An exchange, a Bitcoin wallet, or a merchant. You can proceed as follows:
1) Send anywhere: you can send Bitcoins to anyone! You don’t have to worry about the fact that the recipient already has a bitcoin wallet or not. You can send your Bitcoin payment directly via SMS, WhatsApp, Messenger…
2) Send to a Bitcoin address: if you already know the bitcoin receiving address of the recipient, then you can directly choose this option.
Unlike Coinbase, Binance, or Kraken, Spot is fully decentralized meaning that:
The development stages of the bitcoin network have been ongoing for quite a long time now. Some crypto experts are even growing wary of whether the network would be user-friendly as they intend it to be. Luckily, Spot developers couldn’t wait any longer! As evinced above, the wallet leverages top technology to offer ease of use as well as security to users. Currently, it’s currently one of the best BTC wallet offering powerful yet easy to use features.
Spot envision to be the product that would bring crypto adoption closer to the global scale. For that, it is designed ideally for beginners thanks to its stunning user interface coupled with innovative features that allow users to buy and send Bitcoin instantly. It’s better than other exchanges, notably Coinbase and Square Cash, attributed to its powerful features. Needless to say, the platform is looking at a bright future. They have already started working on including Ethereum & ERC-20 stablecoins !
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