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.

Feature	Arctic Wallet	Copay
Overall Score	N/A	N/A
Primary Category	Bitcoin & Cryptocurrency	Bitcoin & Cryptocurrency

Product Overview

Arctic Wallet

Description: 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.

Copay

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

Key Features Comparison

Arctic Wallet Features

• 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

Copay Features

• 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

Pros & Cons Analysis

Arctic Wallet

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

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

Pricing Comparison

Arctic Wallet

• Open Source

Copay

• Open Source