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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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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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