While looking for a new mobile Bitcoin wallet to cover today, I ran into an application I had never heard of before. This just goes to show you that a lot of talented people are working on Bitcoin and the technology surrounding it, even if they are not making any headlines yet. P2P Wallet serves a personal banking application for all transactions with multiple types of digital currency.
P2P Wallet – Not Just Focusing on Bitcoin
Even though we are looking at all kinds and types of different mobile Bitcoin wallets, that doesn’t mean they only have to be useful for Bitcoin users. In fact, I welcome the change presented by P2P Wallet, as they have taken the peer-to-peer aspect of digital currencies to heart by supporting other popular currencies besides Bitcoin.
P2P Wallet is not just any mobile digital currency wallet, however, as they portray themselves as “the first online personal banking application for multiple types of digital currencies”. Needless to say, digital currency and “bank” hardly ever go together, let alone in the same sentence. P2P Wallet has managed to give their application the look and feel of a bank-esque environment.
One of the main aspects of any mobile digital currency wallet is whether or not it is secure and convenient enough to use it for everyday transactions. P2P Wallet checks all the boxes in this area, by providing an intuitive interface without sacrificing on security measures. Combining banking efficiency with the decentralized and peer-to-peer nature of digital currency creates a great user experience.
In order to make the user experience even better, P2P wallet services are accessible across multiple platforms, giving users 24/7 access to their digital currency funds on mobile and regular PCs. And, to top off all of that, P2P Wallet is offering an interest-bearing wallet service, allowing users to gain a passive interest on their funds at a rate of roughly 10% per 30 days.
Note from the Author: When I tested their Savings Calculator, the wallet told me I could receive 0.28776332 back if I deposited 0.1 BTC and locked it for 365 days. Not a bad return, but that still doesn’t mean you should risk it.
As it says in the header, P2P wallet is not focusing their efforts on just Bitcoin. There are a lot of other viable digital currencies out there, all of which are supported by P2P Wallet. Blackcoin, DASH, Dogecoin, Litecoin, Namecoin and Peercoin are all officially listed on their website, yet there is no option to select any of these on the desktop version of the website. This may be different when using the mobile application though.
P2P Wallet offers an additional feature that may prove to be very interesting to its users. By referring other people to create their P2P Wallet, you will earn a commission for every time they deposit funds and invest it to earn interest. From what I can gather, simply letting new users sign up and deposit funds will not make you eligible for a referral commission reward.
At this point, it is unclear as to how much you will earn by referring new users to P2P Wallet. Use this service at your own risk.
Google Play Store: https://play.google.com/store/apps/details?id=cc.p2pwallet.wallet
All images courtesy of P2P Wallet