Spot Wallet Overview : Security compared to other wallet

Spot Wallet Overview : Security compared to other wallet

By medeb | personalblog | 22 Mar 2023


Hello,

Today I want to share with you a new wallet called Spot Wallet and a little guide on how to use it for your mobile phone and PC.

1 - QR Code Wallet Connect based:

What you need is only to import your seed phrase of your existing wallet on mobile only so no need to do the trick on the browser extension that is sometimes unsure if there are someone watching your activity or using a keylogger.

2 - Do not have to scroll down on the wallet connect feature:

I have tried to scroll down to click on the button but doesn't seems to work but you have to click on the end of the screen of your mobile phone to perform the confirmation of the connection feature.

3 - PIN code:

It is 6 digits pin code to confirm any action. Additionally, if you have enabled fingerprint so no need to remember it since fingerprint does the trick.

4 - It is Trust Wallet-based system and not Exodus based system:

If you focus on your Solana wallet address it is for Trust Wallet and not for Exodus. Exodus has the same wallet address for Polygon but different for Solana. Additionnally, most of coins on Trust Wallet you find on your wallet of Spot Wallet, so, for example, Exodus is providing BCH and XLM, and TRX that you did not find on Spot Wallet.

5 - Extension is limited:

It only shows Polygon, ETH, and also Solana while everything is is on your mobile phone but you have to disable meta mask and phantom and could not work in parallel with them. Additionally, it works perfectly on Brave Browser unlike Exodus.

This is my simple experience. Share yours.

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