coinpedianews

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BitGo

• A Bitcoin Wallet

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What Is BitGo? 

• BitGo is a bitcoin wallet that has provides users
  with excellent security features, interactive
  design, and a modern interface.
• BitGo is a multi-signature, multi-user, and
  secure wallet which provides the top-notch
  services when compared to the other wallets.
• It is a cryptocurrency wallet and vault service
  provider that offers its portfolio for both
  individuals and organizations.

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BitGo Features
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• 1. Private blockchains The blockchains in
  bitcoins are private and hence BitGo can also
  create customized private blockchains for
  specific organizations.
• 2. Multisignature wallet solution This is one of
  the secure and safest ways of making transactions
  through a wallet. A multisignature not only
  allows the multiple users to use a single account
  but also provides safety features for making
  transactions
• 3. Design When it comes to design, the other
  features of BitGo are quite reliable than the
  design. The design and user interface of BitGo
  are excellent or extremely attractive for
  users.  

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• 4. Security Security is one of the strongest
  points of BitGo as it is considered as the safest
  bitcoin wallet in the market. The most important
  feature which is required by the users is safety
  and BitGo ensures safety in many ways.          
• 5. Instant and quick transactions BitGo
  eliminates the possibility of this low processing
  time for transactions. It works  by letting
  companies allow the non confirmed transactions
  which will increase the speed and quickness of
  transactions.

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BitGo Supported Currencies
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• BitGo wallet supports over 200 digital assets.
  Some of the major supported currencies include
• 1. Bitcoin (BTC) 
• 2. Etherum (ETH) 
• 3. Ripple (XRP)
• 4. Bitcoin cash (BCH)
• 5. Stellar (XLM) 

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• 6. Litecoin (LTC)
•  
• 7. Dash
•  
• 8. Zcash
•  
• 9. Bitcoin Gold (BTG)
•  
• 10. ERC20 tokens

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BitGo Pros and Cons
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Pros

• 1. BitGo wallet allows instant and safe
  transactions 
• 2. Multi-signature wallet, with enhanced
  security features
• 3. The encryption protocol P2SH is used which
  provides the safest encryption
• 4. Support for 200 cryptocurrencies

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Cons

• 1. No wallet solution for retail customers 
• 2. No mobile app available
• 3. Access to the wallet via a web browser
  interface. 
• 4. High transaction fees

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Conclusion

• BitGo is one of the safest and secure wallets for
  trading and making transactions of bitcoins.
  BitGos powerful API give institutional investors
  the option of directly integrating
  multi-signature security, policies, and controls
  into their own platform.
•  
• BitGo is also the first wallet provider to
  provide clients with the ability to purchase
  their own theft insurance and Lost Key Cover
  directly through Digital Asset Services.