CoinJar Touch - Bitcoin Wallet Review
CoinJar Touch - Bitcoin Wallet
CoinJar is an Australian exchange which allows users to send, receive, and exchange cryptocurrencies. The exchange also has a mobile wallet and merchant services. The mobile wallet is available on both Android and iOS. The wallet is closed source. The wallet supports Bitcoin, Ethereum, Litecoin, and Ripple token. The security features are not optimal for the wallet. The private keys are stored by CoinJar. The exchange enables users to purchase cryptocurrencies with Australian dollars and store them on the wallet which is a key advantage to this service. Users can also trade between USD, EUR, and GBP.
The wallet has a number of features to make its use convenient and straightforward. Users can view their balances in USD, AUD, EUR, GBP, or BTC. They can send transactions to CoinJar usernames or the cryptocurrency addresses. Users can use TouchID and passphrases to secure their wallets. Users can also enable two-factor authentication for an extra layer of security on their accounts. The wallet is not hierarchical deterministic. There is no multi-signature functionality.
The wallet has low reviews from users. One of the key features of the wallet is the support to trade with fiat currencies but the security is suboptimal.