Difference between revisions of "EWallet"

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An eWallet is an online account where bitcoins can be stored.  Examples include [http://www.bitcoin.org/trade#Currency_exchange Currency Exchanges] and ecommerce transaction processors such as [https://www.MyBitcoin.com MyBitcoin.com].
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==Risks==
 
 
 
When bitcoins are stored online with Currency Exchanges and ecommerce transaction processors such as MyBitcoin.com the ewallet provider retains full control of those amounts.
 
 
 
* There is no guarantee that the amount of bitcoins showing for the account holder's balance are truly being held in reserve by the ewallet provider.
 
* The ewallet provider's security may be vulnerable to theft as well.
 

Latest revision as of 21:41, 18 April 2011