BitFi

What is BitFi?

BitFi is a hardware wallet that can store multiple cryptocurrencies and assets. The wallet costs $120, is available for purchase on Amazon and requires no technical skills to set up. Users do not have to download or install any applications on their computer or hardware device; instead, it automatically adds all the latest updates and features by receiving updates directly from its node in real time. Unlike other conventional hardware wallets where private keys are stored on a device outside the computer, BitFi calculates private keys using an algorithm every time a user types in their secret phrase. Once a transaction is approved, the private key is not stored anywhere; instead it is sent back to BitFi's servers so that they can be added to other users' accounts. Therefore if someone steals your device or seizes it by force, there is no way for them to gain access to your private key without first obtaining your pin number through some other means (such as tricking you into giving them this number).