Circle is a Bitcoin wallet that simplify’s the process of sending and receiving Bitcoin and US dollars to anyone around the world. Circle is available spil a mobile bitcoin wallet for Andorid and iOS and is also for online use ter a web browser of your choice. The sleek and intuitive interface of Circle’s Bitcoin wallet makes it a breeze to use.
But keep ter mind the Circle Bitcoin wallet is a so called hot wallet hosted online. That means that Circle has control overheen your private keys, ter other words your bitcoins. It is best practise to only keep a fluid amount on an online wallet and keep your savings on a hardware or paper wallet, or stored safety te cold storage, offline.
Ter minutes, you’ll be ready to send and receive Bitcoin & US dollars with anyone, anywhere. You can also lightly verbinding your bankgebouw account, debit card or credit card.
Safe & Insured
Te the unlikely event bitcoin is lost or stolen from a breach of digital or physical gegevens storage at Circle, Circle has insurance to voorkant the total balance of customer funds. This insurance is provided by highly-rated global underwriters. US dollar balances are FDIC-insured.
Bitcoin & US Dollar payments
Send, receive money te US dollars and te bitcoin. Converting is free and instant. Now you can use bitcoin for payments and global money transfers without the risk of bitcoin price fluctuations, and accept payments ter bitcoin but instantly receive dollars.
Security Measures & Application Behavior
Control Overheen Your Money
Circle has total control overheen your bitcoins. This means you need to trust this service will not freeze or mismanage your funds. Albeit this service claims to be providing insurance against failures on their side, you are still responsible for securing your wallet.
The Circle wallet relies on a centralized service by default. This means a third party vereiste be trusted to not hide or simulate payments.
The Circle Bitcoin wallet is loaded from a remote location. This means that whenever you use your wallet, you need to trust the developers not to steal or lose your bitcoins ter an incident on their webpagina. Using a browser extension or mobile app, if available, can reduce that risk.
The Circle wallet can be used from insecure environments. However, this service requires two-factor authentication. This means access to numerous devices or accounts is required to steal your bitcoins.
Prevents spying on your payments
The Circle Bitcoin wallet makes it stiffer to spy on your balance and payments by rotating addresses. You should still take care to use a fresh Bitcoin address each time you request payment.
Discloses information to a third party
This service can associate your payments together, loom your IP address and know your real identity if you provide individual information like your email, name or banking account.
The Circle Bitcoin wallet lets you setup and use Tor spil a proxy to prevent attackers or Internet service providers from associating your payments with your IP address.
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