BLOCKYCOINS: What is Blockycoins and How it Works: It is right to say that, Blockycoins are among the most popular cryptocurrencies in the world – It’s at the very forefront changing the narratives! Naturally, with such an amount of attention that it receives, this particular cryptocurrency possesses a lot of dedicated traders and offers diverse features and multiple uses. In this Blockycoins review, we’ll be looking at some of them.
Now, if you’re thinking – with such amount of attention, this coin and it’s web wallet should be great, right? -, you’re not too wrong. Yes, you’ll find many “is Blockycoins safe?” inquiries online, the majority of the answers seem to indicate that the coins and wallet really is worth paying attention to.
We will delve into the nitty-gritty details in due time, although – we have to talk about the legitimacy of the site, how it operates, and whether or not it’s worth using as a reliable crypto exchange.
Most user Blockycoins reviews found online are quite positive when it comes to the wallet in question. Users claim it to be super-simple to use, especially when it comes to purchasing the actual coins with Bitcoin, Ethereum and Stellar. While there are some minor controversies surrounding the platform, the general consensus is that Blockycoins.com is, in fact legit.
* Very easy to use
* Smooth user interface
* Reputable wallet for storage
* No country restrictions
* Bonuses and Rewards
* Relatively big fees
* Only supports Bitcoin, Ethereum Stellar and internal coins
* Not yet available on AppStore and Playstore
Blockycoins.com Review: PROS
The current version of Blockycoins.com was re-launched in 2021. A single google search will reveal to you that the web app is designed with sophisticated features and modern interface.
If that Blockycoins sound familiar, it’s probably because you’ve seen it come up in other user Blockycoins reviews – admittedly, Blockycoins is a strong competition in the market and for sure has attracted the attention of controversial figures in the cryptocurrency world.
Truth be told, it would actually be impossible to talk about Blockycoins.com and all of its pros and cons without also discussing it’s origin and the projections of outrunning Bitcoin in few years. Blockycoin is a decentralized cryptocurrency developed by Oxford University graduates who authored the Blockycoin white paper, created and deployed Blockycoin’s original blockchain implementation. They are actually quite heavily intertwined with bitcoin itself, especially when it comes to origin and value.
Several questions such as “is Blockycoins.com exchange and wallet safe?” are often asked.
Worry not, Blockycoins legality and security has been proven. However, all of this shall be elaborated in due time – for now, let’s concentrate on the actual usability aspects of the wallet.
Very Easy to Set Up and Use
One of the first advantages that you’ll see mentioned quite often among user Blockycoins.com reviews is the fact that, as a crypto storage platform, Blockycoins.com is actually very simple to use, and straightforward to set up, in the first place.
Admittedly, usability has always been the “odd feature” when it came to crypto wallets, whether it be dedicated ones, or those that can store multiple cryptocurrencies at once. While you’re going to come across questions such as “is Blockycoins.com legit?” and “is the wallet safe to use?”, you’ll rarely encounter questions regarding usability.
Now, don’t get this wrong – as noted above, users point out the simplicity aspect of Blockycoins.com regularly. That said, topics such as ‘fees’ tend to overshadow the usability aspects.
All of that being said, though, let’s stress this once again – Blockycoins.com is very easy to set up and start using, as a Crypto storage wallet. It’s a website-based wallet too, which means that it comes with some extra security features.
Website-Based Bitcoin Wallet (Available for All countries and Operating Systems)
Being a website-based Bitcoin wallet means that you’ll have to sign up, login and use a secure browser to operate it. The difference from an offline wallet is that, with the latter, you’d be able to use it whether connected to the web or not, because it has a dedicated software.
Naturally, as you can probably imagine, this is not some great news for anyone wondering “is Blockycoins.com wallet safe?”.
I haven’t seen many user Blockycoins.com reviews elaborate on this, but their software based wallet which they are about to launch is going to provide better security features than most online ones. That’s simply because program or app-based wallets are more difficult to hack than those that are based on the browser.
Aside sophisticated security, it would appear that one of the better features mentioned in multiple Blockycoins.com wallet reviews is the fact that the wallet in question is available without country restrictions for all of the main operating systems – iOS, Android, Mac, Windows, and Linux.
While this is probably quite self-explanatory, extensive device support makes the wallet very appealing for a large group of people, since no matter which country or language you understand, you’ll always be able to access your wallet, and check on your funds.
Accepts Other Crypto / Easy to Purchase Coins
Frankly, they are currencies that we deal with every single day – they’re also money that cryptocurrencies and the process of decentralization aim to eventually replace.
The issue with a lot of crypto wallets is that they either don’t accept other coins or insist on Fiat money, or don’t allow you to purchase cryptos from within them, in general.
The wallet in question allows you to easily integrate your wallet and purchase the available coins using Bitcoin, Ethereum and Stellar. The purchasing process itself is simple – everything related to the usability aspect is simple and straightforward!
Blockycoins.com Review: CONS
As mentioned in this article a few times already, user Blockycoins.com wallet reviews would have you believe that the wallet in question is quite popular among the crypto community, and that it’s actually great for storing your crypto in. While that might be the case, in general, there are still some downsides that need to be addressed.
Only Able to Store Bitcoin, Ethereum, Bitcoin cash, Dell, MetaBlock, Blockycoin, Fex Royce and Coinage.
I mean, the domain name is literally ‘blockycoins.com’, you probably saw this one coming from miles away, right?
One of the biggest proclaimed downsides of Blockycoins.com is the fact that you cannot store any other cryptocurrency within it, except for the aforementioned.
Whether it be some of the most popular altcoins on coin markets or some lesser-known ones, none of them are available for storing on the Blockycoins.com wallet.
If you’re only interested in Bitcoin, Ethereum, Bitcoin cash and internally available coins on Blockycoins.com, then naturally, you’re not going to see this as a huge issue. That being said, though, with cryptocurrencies becoming more and more popular as time goes on, an increasing number of people are also starting to expand their interests to include various altcoins – for this group of individuals, Blockycoins.com just won’t “do it”.
Not Listed on Most Popular Coin Markets
Due to the said uniqueness of Blockycoins and it’s independent Blockchain technology, you cannot find Blockycoin or other available coins in Blockycoins.com in regular coin markets. This may not sit well with a lot of skeptics. However, following the recent involvements with Coinbase and Binance, reveals that Blockycoins will soon be listed on their charts.