THELOGICALINDIAN - n-a
At the time of this writing, we accept on almanac there actuality 160 bitcoin exchanges and 80 bitcoin wallets accessible to bitcoin users on the market.
The acumen partly for their actuality so abounding bitcoin wallets on the bazaar is because abounding bitcoin exchanges accept built-in wallets as allotment of their service. We accomplished aboriginal on that exchanges although their primary account was to action the affairs and affairs of bitcoin, a byproduct of that was absolution users abundance bitcoins natively on their platform; hence, abounding exchanges are additionally bitcoin wallets.
We wrote aboriginal on in a help folio explaining what a bitcoin wallet is,
This account holds accurate to this day, as abounding exchanges are both exchanges and wallets. We acknowledgment this because afresh some exchanges and wallets accept appear beneath scrutiny for accepting beneath than acceptable user privacy due to their wallet infrastructure, which was highlighted in the OBPP report.
The best broadly acclimated archetype of this blazon of book is with Coinbase. Coinbase is one of the best able-bodied accepted and new-user-friendly bitcoin platforms on the market. They started out as a wallet, and bound angry into an exchange. Their focus acutely has afflicted into actuality an exchange, but they still accept wallets as a service, so although they are an barter they are a wallet too. Until they competely abolish all accessible wallet offerings from their services, they will consistently be a “wallet.” That day may never happen, but Coinbase is working toward it.
Blockchain.info architect Kristov Atlas tweeted a brace of weeks ago, that any artefact that let’s you store, send, and accept bitcoin is a Bitcoin wallet; this aligns absolutely to how our aesthetics has been back the beginning. And exchanges that action built-in wallets as allotment of their basement should be cellophane with their users that they are a wallet too, and additionally should booty on added albatross to ensure user aloofness standards are up to par.
