Making Bitcoin more accessible and appealing to the everyday consumer is a difficult task. While there are several reasons for this problem, one of the most obvious ones is the fact that most everyday consumers have no idea what Bitcoin is, let alone why they should care. Many developers are preparing for that “Bitcoin adoption rush” which is destined to take place sooner or later. In order to accommodate those needs, we need plenty of mobile Bitcoin wallets to choose from, such as the CoinSpot Bitcoin Wallet.
CoinSpot – Australian Bitcoin Exchange Goes Mobile
Our readers who have invested quite a bit of time in the world of Bitcoin and digital currency may recognize the name CoinSpot – they are Australia’s Premier Bitcoin Exchange. Even though Australia is a bit of a controversial country when it comes to Bitcoin due to its GST regulations, there is still a huge demand for Bitcoin.
As a result, CoinSpot has ventured into the mobile space and launched their Bitcoin wallet for smartphones and tablets. Following the trend of most mobile Bitcoin wallets, the main focus is on making digital currency easy to use and spend wherever Bitcoin payments are accepted. However, there is a small twist to this wallet.
Most Bitcoin-related services who have developed their mobile Bitcoin wallet only let you use it within their ecosystem. While CoinSpot Bitcoin Wallet is aimed at sending and receiving digital currency in a convenient way, you will need to register an account on their platform before you can make use of the application’s features.
That being said, once you have completed the CoinSpot process, all of the wallet’s features will be at your disposal. Right off the bat, you may notice that CoinSpot Bitcoin Wallet is not just aimed at BTC users. This application has built-in support for other digital currencies as well, in the form of Dogecoin, Litecoin, Quark and others. A bit similar to Coinomi’s Universal Bitcoin Wallet.
One of the things that are lacking from the CoinSpot Bitcoin Wallet for mobile devices is the trading feature. As I mentioned before, CoinSpot is an exchange platform, yet none of the exchange features are available in the mobile application at this point in time. A missed opportunity, but we might see those functions integrated at a later stage.
Despite its limited functionality, CoinSpot Bitcoin Wallet is an interesting application for novice users. If you don’t mind signing up for an account on their platform first, that is.
Download CoinSpot Bitcoin Wallet: Google Play Store
Images courtesy of CoinSpot