Ease of use
The Mobi wallet is available for Android and iOS and supports up to 15 languages. When downloading the wallet, it will be linked to the mobile number with which you downloaded the app. Users can choose which currency to work with and can convert between 100+ currencies (including silver and gold). Using a private blockchain, Mobi allows users to send funds to any of the 2 billion other smartphone users out there and to any of Twitter’s 319 million users.
Users can also request an optional Visa debit card which is linked to their Mobi account and allows them to withdraw cash in any currency at ATMs worldwide or spend their funds at any retail points of sale that support Visa. The debit card automatically deducts funds from customers’ wallet balance.
Mobi wallet is a centralized, easy to use, Android and iOS smartphone wallet with low-level anonymity. It currently only supports Bitcoin. It supports fifteen languages and offers users to exchange bitcoin between more than 100 currencies. It is linked to the mobile number from which it was downloaded. It uses a private blockchain to make transaction faster among its users. It provides a debit card if requested which is linked with the Mobi account. It lacks basic services like Hierarchical Deterministic, Multi-Signature and is not open source but provides 2 Factor Authentication. The private keys are stored by a third party without any encryption.
User ReviewWrite review 1 reviews
As the anonymity is very low and it requires a mobile number it is not really preferable. It only supports bitcoin but allows to exchange it on numerous fiat currencies and in gold silver too. Only recommended for conversion of bitcoin to fiat.
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