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Is green address a good wallet?

Created in 2013, GreenAddress allows sending, receiving and storing of Bitcoins only. It enforces high-security measures and creates a user-friendly interface for all of its users. We do not recommend Green Address. Read on to find out what are the wallets we do recommend.

How to create an address on greenaddress wallet?

When you go to the official webpage of the GreenAddress wallet you should follow several simple steps to create yourself an address: Sending is nothing more than clicking on the left-sided button Send. Place the recipient’s address and add an amount to send. Click the Review and Send option and confirm the transaction.

Who is greenaddress & how does it work?

Initially launched in 2013, GreenAddress is created by Lawrence Nahum and Jerzy Kozera. They were the first to implement 2FA, multi-signature, HD nature and dynamic pricing model concerning the fees into a Bitcoin wallet. Anyway, the Malta company was procured by Blockstream in 2016 but it’s considered an independent enterprise.

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