Copay is one of the best ways to store and access Bitcoins via a dedicated mobile phone application. As this is open-source software, the user will not be required to pay for a download. It can be integrated with other third-party payment platforms and thanks to high levels of encryption, personal information is always safeguarded.

Core Functionalities and Features

Copay can be used to purchase items or to transfer funds between users. It is therefore an ideal alternative to traditional payment methods such as electronic wire transfers or credit cards. This is particularly beneficial when making cross-border transactions or when the security of a specific server is called into question. It is able to support more than 150 pricing options; perfect when converting Bitcoins into other currencies such as the dollar or the pound. Privacy keys are stored locally as opposed to in the cloud. This offers an extra level of protection.

Other Uses

Copay can be customized based off of user desires and shared wallets are equipped with multi-signature security keys. In other words, no single individual will be able to gain access to a group account without permission. The file is 36.3 megabytes in size and it is currently available only in English.