It is not exactly a secret, but I am a huge fan of the Safello Bitcoin exchange. The reason for that is quite simple : they allow us Europeans to receive fiat currency in exchange for Bitcoin within 24 hours. Safello has presented their very own wallet, so I got interested to find out what that is all about. Care to join me?
The main idea behind the Safello Wallet is to make it easier for novice users to understand and interact with Bitcoin. Even though the desktop client is available for most platforms, it’s still sluggish and not exactly user friendly either.
Granted, there are other (lightweight) alternatives to the “official” Bitcoin QT client, but it can be overwhelming for newcomers to have so many options. And some of the functionality is still missing, but more on that in a minute.
The Safello Wallet, which is integrated with Blockchain.info, does not store any of your data such as your private key. More importantly, this means you are in full control of your own money, which is something we all so desperately want and need.
Another interesting feature is the fact you won’t have to remember other people’s Bitcoin addresses anymore. Just enter your friend’s name in the Safello Wallet, put in the amount in Bitcoin, and hit “send”. Ease-of-use is never a bad thing, right?
Another major feature of the Safello Wallet is their transaction timeline. Instead of those boring rows of transactions, you will see a timeline with all incoming and outgoing transactions. All the details that matter to you will be included as well.
Last but not least, it is important to make sure the money you are sending ends up in the right hands. The Safello Wallet offers verified symbols to make sure you are sending money to the correct person. With all kinds of scammers and impostors lurking in the shadows, having such a feature is quite important.
So when will the Safello Wallet be released? There will be an announcement in regards to the Invite Page tomorrow at the Sthlm Tech Fest. Myself, on the other hand, I’m already on the beta invite list in position #94. As an existing customer of the site, you get put on the mailing list automatically, which in this case has its perks.
Safello website : https://safello.com