UberPay Wallet Review
UberPay is a multi coin wallet. Users of altcoins will find it interesting to use. UberPay also allows users to swap between its extensive lists of coins. It is a mobile wallet, which is only available for Android devices. One of its unique features is that it gives users control over their wallet’s private keys. This way, users manage their holdings in an easy and efficient manner. It was designed to simplify the daily use of digital assets.
UberPay is a simple platform. It enables users to swap their crypto coins and transact at the same time. The wallet is a creation of GeoPay.me, an app development company in Florida, USA. The wallet mainly supports altcoins. Antonios Valamontes founded GeoPay.me in 2015. The wallet’s team consists of credible individuals who are experienced in their respective fields.
One of the main objectives of UberPay is to make it easier for everyone to adopt digital assets. Many people think that they have delivered this promise largely. There are however a few other wallets that also offer similar services. Some of these wallets are direct competitors and alternatives to UberPay. They include Coinbase Wallet, Blockchain Wallet, Luno Wallet and a few others. UberPay supports only the English language.
UberPay Wallet Supported Coins
The wallet favors altcoins. It supports a long list of coins. This list includes Asia Coin, Bata, BTC and BlackCoin. Others are Dashcoin, Dogecoin, FeatherCoin, JumBucks Coin, LTC and many more.
Note that the wallet does not support any fiat currency or bank deposit methods.
To find out where you can obtain the cryptos supported by the UberPay Wallet in the first place, go to our Cryptocurrency Exchange List and use the filters to find the right exchange for you.
UberPay Wallet Fees
The wallet charges no fees of their own, but it is normal practice to pay for blockchain network fees. This also applies to transactions on UberPay. The network fees go to miners who approve the transactions.
UberPay Wallet Price
This wallet is free to use. You do not have to pay to access it. However, external charges such as blockchain network fees apply. You will not have to pay any bank charges. This is because the wallet is yet to integrate card services to its platform.
UberPay Wallet Ease of Use
It is quite easy to use the wallet, although newbies might struggle at first use. For experienced users, it is simple and easy to navigate. The user experience makes sense and converting one coin to another is very simple. Trading is also made easy and setting up the wallet is not complicated. Using a wallet is always easier when you are familiar with crypto already. The wallet is available for download on Google Play Store.
One of the cool features you can expect with this wallet is the coin swap. This wallet’s exchange function is managed locally.
You can also share your wallet address via dropbox and Bluetooth.
You will enjoy high privacy using this wallet. Privacy is in such a way that your private keys do not leave your device. In addition, the wallet utilizes one master key and this helps to maintain privacy. UberPay does not require your personal data for you to receive or send funds. Your activities on the wallet are quite anonymous.
UberPay hides your IP address when transactions are sent to the blockchain. No personal information is required to use the wallet.
Security does not seem like a priority to the developers compared with quick transaction times. This is due to the absence of key security features such as 2FA, multisig and HD settings. In spite of this, the wallet has managed to avoid security breaches. Therefore, we can say users enjoy protection to a reasonable extent.
The wallet’s code is open source. In addition, users are provided with a recovery seed to regenerate private keys. Ensure you safeguard this in order to access your funds in the event of a lost or stolen device. To validate transactions, the wallet utilizes the SPV function.
Where to buy UberPay Wallet
Although the developers claim to have both desktop and iOS versions, we can only find the android version. Download the latest Android app on play store or visit https://uberpay.io/.
While UberPay is secure and quite easy to use, it might not be a good place to store large funds. If your goal is long term storage, hardware wallets will be the best options. Read our reviews of Ledger Nano S, KeepKey and Trezor to learn more about hardware wallets.