04 Feb '13, 7pm

Bitcoin Wallet Options (New And Improved Article) #bitcoin

Bitcoin Wallet Options (New And Improved Article) #bitcoin

Coinbase is a step up from Instawallet in terms of both complexity and security, although as a wallet, it is still fairly basic, with only standard sending and receiving functionality. Nevertheless, Coinbase has two features which make it a very convenient wallet for the beginning user. First of all, the wallet allows you to avoid dealing with Bitcoin addresses entirely and instead send directly to an email address, making the transfer internally if both parties have a Coinbase account and sending an email message to the recipient allowing them to immediately create an account to receive the payment if they do not. Second, Coinbase includes its own built-in exchange, allowing users to convert between bitcoins and US dollars directly through their bank accounts. Unfortunately, the bank account integration is only available inside the United States, and only a limited amount...

Full article: http://bitcoinmagazine.com/bitcoin-wallet-options/

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