Arctic Wallet vs Copay

Struggling to choose between Arctic Wallet and Copay? Both products offer unique advantages, making it a tough decision.

Arctic Wallet is a Bitcoin & Cryptocurrency solution with tags like bitcoin, cryptocurrency, wallet, offline, hardware, open-source.

It boasts features such as Offline storage of private keys, Open source software, Supports multiple cryptocurrencies like Bitcoin, Ethereum, Litecoin etc, Air-gapped for better security, Supports BIP39 seed phrases, Compatible with other BIP39 wallets, MicroSD card storage, Encrypted and password protected and pros including Very secure as private keys are stored offline, Open source code can be audited, Support for multiple major cryptocurrencies, Air-gapped provides protection against online attacks, Industry standard BIP39 implementation, MicroSD card provides redundancy, Encrypted storage protects against physical theft.

On the other hand, Copay is a Bitcoin & Cryptocurrency product tagged with bitcoin, cryptocurrency, wallet, open-source.

Its standout features include Multi-signature wallet, HD wallet, Open source, Available on desktop and mobile, Supports multiple cryptocurrencies, Built-in address book, Customizable wallet naming, Multiple wallet creation and management, and it shines with pros like High security from multi-signature, Hierarchical deterministic wallet for convenience, Open source for transparency, Cross-platform availability, Supports many cryptocurrencies, Easy to use address book, Flexible wallet organization, Good wallet management.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Arctic Wallet

Arctic Wallet

Arctic Wallet is an open source, offline bitcoin hardware wallet. It allows users to securely store and manage their bitcoin and cryptocurrency holdings offline, without connecting to the internet.

Categories:
bitcoin cryptocurrency wallet offline hardware open-source

Arctic Wallet Features

  1. Offline storage of private keys
  2. Open source software
  3. Supports multiple cryptocurrencies like Bitcoin, Ethereum, Litecoin etc
  4. Air-gapped for better security
  5. Supports BIP39 seed phrases
  6. Compatible with other BIP39 wallets
  7. MicroSD card storage
  8. Encrypted and password protected

Pricing

  • Open Source

Pros

Very secure as private keys are stored offline

Open source code can be audited

Support for multiple major cryptocurrencies

Air-gapped provides protection against online attacks

Industry standard BIP39 implementation

MicroSD card provides redundancy

Encrypted storage protects against physical theft

Cons

Setup can be complex for non-technical users

Limited to MicroSD for storage

No support for ERC20 tokens

Lacks some convenience features of online wallets

Relies on users to securely backup seeds


Copay

Copay

Copay is an open-source, multi-signature, HD-multisignature bitcoin and cryptocurrency wallet. It enables users to securely store bitcoin and other cryptocurrencies.

Categories:
bitcoin cryptocurrency wallet open-source

Copay Features

  1. Multi-signature wallet
  2. HD wallet
  3. Open source
  4. Available on desktop and mobile
  5. Supports multiple cryptocurrencies
  6. Built-in address book
  7. Customizable wallet naming
  8. Multiple wallet creation and management

Pricing

  • Open Source

Pros

High security from multi-signature

Hierarchical deterministic wallet for convenience

Open source for transparency

Cross-platform availability

Supports many cryptocurrencies

Easy to use address book

Flexible wallet organization

Good wallet management

Cons

Complex multi-signature setup

Limited to bitcoin and forks initially

Developer abandoned project in 2018

Some users report sync issues

Not as user friendly as some wallets