Blockchain is an Android application for storing and trading various cryptocurrencies. The service supports Bitcoin, Etherium, Stellar, Algorand and several other coins.
This virtual crypto wallet is one of the most popular tools of this kind with tens of millions of active users. You can trade, make transactions, swap currencies and earn interest.
The Blockchain app has two main options. The first one is a noncustodial version. In this mode, the utility only provides access to the blockchain of any selected currency. This means only you, as the owner of private keys, can use your wallet.
The second version is a custodial one. With it, you can buy, sell and swap between coins. Additionally, you passively earn up to 12 percent annually just by storing your funds. However, if the service goes down or is hacked, there is a chance your money will disappear. The functionality of this mode is similar to other utilities like Shakepay.
The Blockchain app provides several security layers. Besides password, there is two factor authentication, a pin code, biometrical authorization and your own unique backup phrase.
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