Do You Use Centralized Wallets?

[Nomad]

In the past, I was using multiple centralized wallets, however, these days I am not using any centralized wallets. When I was using it, I really liked Wirex. It even offered virtual card service and you could use your crypto via wirex cards just like a normal virtual card. I also used BitPay and I liked it. But when I changed device, I lost access to my account and lost a small fraction of BTC..

 

[Riberet19]

I have never used a centralized wallet and I don't think I ever will, for this I would prefer to use a centralized exchange since they give me more confidence. Honestly, I know few centralized wallets, but I have heard a lot about the wallet you mentioned in your post, that is, Bitpay.

 

[Nomad]

I have never used a centralized wallet and I don't think I ever will, for this I would prefer to use a centralized exchange since they give me more confidence. Honestly, I know few centralized wallets, but I have heard a lot about the wallet you mentioned in your post, that is, Bitpay.

yeah, I also use centralized exchanges instead of centralized wallets. I find exchanges better than wallets because I can not only earn staking rewards but also earn from earning pools. I can also trade and make money. centralized exchanges have a lot of features than centralized wallet. I used Wirex and Bitpay because they offered crypto powered debit cards.

 

[Riberet19]

yeah, I also use centralized exchanges instead of centralized wallets. I find exchanges better than wallets because I can not only earn staking rewards but also earn from earning pools. I can also trade and make money. centralized exchanges have a lot of features than centralized wallet. I used Wirex and Bitpay because they offered crypto powered debit cards.

Yes, that's what I've heard from Bitpay in another forum, they offer debit cards, but I don't know how reliable these debit cards can be and I don't think I would give them a real use, since I don't want my Bitcoin to buy things, I want my Bitcoin as an investment and to have money out of the clutches of the state, To buy things I already have the fiat money.