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Bonpay Wallet

8

Secure Wallet

7.5/10

Easy To Use

8.0/10

Support

8.5/10

Pros

  • 2 Factor Authentication

Cons

  • Open Source
  • Hierarchical Deterministic
  • Multi-Signature

Bonpay is a project by a a team of Bitcoin enthusiasts with the aim Bitcoin transfers more simple, safe and seamless. It includes a wide range of solutions, from Bitcoin storage to plastic or virtual card, helping to pay with Bitcoin anywhere. The BonPay wallet is a web-based Bitcoin wallet that makes transactions simple. It features a two-factor authentication (2FA) holding the fort and the ability to make purchases with Bitcoin or withdraw cash instantly at any place, where MasterCard® is accepted.

About Bonpay Wallet

Bonpay Wallet is the UK-based company that provides cryptocurrency services like Crypto Wallet and Plastic/Virtual Card. Bonpay team is the heart and engine of the company. Its specialists, inspired by Blockchain freedom and decentralisation, have developed a useful product. Bonpay company operates according to the philosophy of making financing swift, flexible and smooth. Their service promotes an individual approach to everyone and adapts to each client’s needs, providing a personal solution.

Bonpay Key Datils

KeyDetails
Vendor Name Bonpay Wallet
Supported Currency BTC
Wallet Features 2 Factor Authentication
Platforms (Web)
Validation Type Centralized
Ease of UseEasy
Anonymity Low
Email Support24*7
Listed At Altwow 13/08/2020
Official Wallet Website Click Here To Visit Wallet Website

How To Install Bonpay Wallet?

Bonpay Step 1

First Download Eidoo Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Bonpay Website.

Bonpay Wallet ÐApp Step 2

Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.

Bonpay Step 3

Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .

Bonpay Step 4

Many Wallet Offer Private Key Features. If Kriptomat Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.

Bonpay ÐApp Step 5

Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.

Bonpay Wallet Fee

Bonpay Ico And Bonpay Coins

During Bonpay ICO, which was on October 31, 2017, everyone will have the opportunity to participate in the purchase of BON tokens. Investors will be rewarded with special bonuses and gifts. More detailed information is available on the website wallpaper Bonpay.85% of All BON tokens were provided to investors. Of these, 51% will be available during the ICO, the remaining 34% will be distributed among the community members within a certain time.

The ICO will last four weeks or until the amount reaches 200,000 ETH. For 1 ETH it will be possible to purchase 500 Bonpay tokens with a bonus for the first investors of 20%.At the moment, the Bonpay team has already received the support of several investors and partners. The funds raised as a result of the campaign will be used to achieve the goals set on the way to complete financial freedom for all users of the cryptocurrency.

 Bonpay Wallet Support

 It supports 130+ countries and 125+ currencies. Bonpay is a full-fledged crypto service. It includes a wide range of solutions, from cryptocurrency storage to plastic or virtual card, helping to pay with cryptocurrency anywhere.

Bonpay Services

To obtain a Bonpay Wallet the client should register Bonpay account for free, provide personal details in order to maximize safety and load the Wallet. With this service, the client gets an opportunity to receive and send transactions instantly at any time throughout the world. Sending cryptocurrency became more simple – all that is needed is recipient’s e-mail or phone.

Bonpay Wallet Security

Bonpay wallet is focused on usability not security. Although they do offer 2 factor authentication and they are planning to add multi-signature technology. Most significant however is that this is a hot server side storage which leaves they user with no control over their funds. However, this the compromise for flexibility of a Bitcoin debit card.

Use Of Bonpay Wallet

Bonpay Wallet is simple to use and a suitable option for users who are looking for a seamless transition from Crypto and real world. The company is planning to add exciting functionalities and strengthen security for their wallet, but at the moment they only support BTC and the only security feature worth mentioning is the 2 Factor Authentication.

How To Secure Your Bonpay Wallet ?

There Are A Number Of Ways To Keep The “Bad Guys” Away From Bonpay Wallet . And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.

Step 1 : Store Your Token Pocket Wallet Private Keys Offline: Print Them Out On Paper

The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:

The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.

Step 2 : Setup Second Step Verification

Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Bonpay Or Make Transfers.

We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The Wasabi Wallet Offers To Activate 2fa Already At The Registration Stage.

Step 3 : Create A Strong Password For Your Bonpay Wallet

If You Decide To Use A Web Bonpay, Which Is Recommended Only For Small Transactions, Alway Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.

Step 4 : Learn To Recognize Phishing Sites

Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.

The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.

Step 5 : Don’t Click On Links In Emails

Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like [email protected] Instead Of The Present [email protected] These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.

This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:

Step 6 : Install Or Use Trusted Antivirus

The First Thing You Should Do After Installing A Eidoo Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.

Step 7 : Never Disclose Your Private Keys

Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases

Final Thought

They Hope You Like Our Bonpay Wallet Review . If You Like Than Please Comment Your Thought Below . Also Subscribe Our Newsletter For More Interesting Copay Bitcoin Wallet Reviews . Thanks For Visit At Altwow .


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