Cryptiqo

Financial Technology Blog

Bitcoin.com was relaunched in 2015 with the present version. A quick Google search reveals that the domain name (and the operations that support it) have a long history of legal challenges and minor issues. Roger Ver, a crypto enthusiast, ran Bitcoin.com from 2015 to August of 2019.

If you recognize that name, it’s probably because you’ve seen it mentioned in other Bitcoin.com user reviews – Mr. Ver is one of the more divisive individuals in the bitcoin field.

Surprisingly, addressing Bitcoin.com and all of its advantages and disadvantages would be impossible without also discussing Roger Ver and his opinions on Bitcoin. They’re very closely linked to the crypto wallet in question, particularly when it comes to user Bitcoin.com reviews and questions like “is Bitcoin.com wallet safe?”

This is still true today, although Roger Ver stepped down as CEO of the company in August of 2019, his views on Bitcoin, Bitcoin Cash, and the concept of decentralization, in general, continue to linger in the wallet. Let’s concentrate on the wallet’s genuine usability features.

Usability

One of the first benefits you’ll notice in user Bitcoin.com reviews is that, as a crypto storage platform, Bitcoin.com is quite simple to use and set up in the first place.

Usability has always been the “weird trait” of crypto wallets, whether dedicated or multi-coin. While issues like “is Bitcoin.com legit?” and “is the wallet secure to use?” will inevitably arise, questions about usability will be infrequent.

As a Bitcoin storage wallet, Bitcoin.com is relatively simple to set up and use. It’s also a software-based wallet, which means it has some additional security protections.

Software-Based Bitcoin Wallet (Available on Most Operating Systems)

If you want to use a software-based Bitcoin wallet, you need to download a file from Bitcoin.com and install it on your computer bitcoin wallets.  The difference between this and an online wallet is that the latter can only be used while connected to the internet and on a specific website, whilst the former includes dedicated software.

Apart from improved security, it appears that one of the better characteristics cited in several Bitcoin.com wallet reviews is that the wallet is available on all major operating systems, including iOS, Android, Mac, Windows, and Linux.

While this is pretty self-explanatory, the wallet’s vast device compatibility makes it appealing to a wide range of users, as you’ll always be able to access your wallet and check on your funds, regardless of whatever OS you’re using.

Accepts fiat money and is easy to buy

Fiat currencies are those that are issued by governments, such as the US dollar, the euro, and the British pound. They’re everyday currencies, to be sure, but they’re also money that cryptocurrencies and the decentralization process hope to eventually replace.

The problem with many crypto wallets is that they either don’t accept fiat money or, in general, don’t allow you to buy cryptos from within them.

The wallet in question enables you to quickly combine your credit card and buy Bitcoin or Bitcoin Cash using it. Everything about the ease of use is simple and easy to understand! The integration is simple, the buying process is simple, and all related to the usability aspect are simple!

Price

The pricing (fees) of the wallet in question is a key aspect of any Bitcoin.com wallet review.

As you may be aware, you can buy Bitcoin and Bitcoin Cash from the wallet in question. As with most other exchange wallets, you’ll be charged a set fee for your transaction.

However, Bitcoin.com has a rather simple fee structure in place, consisting of “Takers” and “Makers.”

The fee structure looks something like this:

  • A 0.2 percent fee is levied to takers.
  • A 0.15 percent fee is charged to the makers.

Now, to be honest, the fees are rather exorbitant! Several wallets will take a considerably lower cost from your transaction and have a fee scaling scheme in place.