ArcBit Review

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Our Rating


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By Lisa Sampson
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Pros

  • The wallet is open source
  • Mobile apps for iOS and Android
  • Works on Windows, Linux and Mac

Cons

  • You do not have full control of your funds
  • You do not have control over the transactions fees you pay
  • No 2FA protection

What is Arcbit?

Review Coming Soon!

Platforms

The ArcBit wallet is available on the following platforms:

  • iOS
  • Android
  • Windows
  • Mac
  • Linux

Coins Supported

Multisignature

The ArcBit wallet is no a multisignature wallet; this means that it does not require signatures from more than one user in order to validate cryptocurrency transactions.

Security

ArcBit is missing a vital piece of security by not incorporating two factor authentication into its service.

Hierarchical Deterministic

The Arcbit wallet is a HD (hierarchically deterministic) wallet. This means that it will generate new bitcoin addresses for you each time a transaction is completed. This makes it very secure and keeps the anonymity high, as single transactions are harder to trace than if they were all completed through the same address.

Screenshots from ArcBit

ArcBit Screenshot
ArcBit Screenshot 2

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