ArcBit Wallet Review

Visit ArcBit
About ArcBit
Rating
Wallet Type Mobile
Desktop
Storage Type   Hot
Start Date 2015
Supported Coins Bitcoin
Fee Control  
Full Control  
Source Code  
Two Step  
Multi Sig  
Hierarchical Deterministic  
Mobile Apps
Languages
Website Visit
ArcBit
Social Networks

What is Arcbit?

Platforms

The ArcBit wallet is available on the following platforms:

  • iOS
  • Android
  • Windows
  • Linux
  • Mac

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.

Pros

  • Easy to use
  • Supports other currencies than bitcoin

Cons

  • Only on Android and iOS

Visit ArcBit

Visit ArcBit

Screenshots from ArcBit

ArcBit Screenshot
ArcBit Screenshot 2

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