BRD Review

What is BRD Wallet?

BRD is one of the most popular Bitcoin and Ethereum wallets for iOS and Android.

While BRD does have a number of features, for the most part it’s very easy to use, especially for new bitcoin users.

Heads Up!

Large amounts of bitcoins should not be stored on your BRD wallet! If you want the most secure Bitcoin wallet then you will need to use a hardware wallet like the Ledger Nano X or TREZOR T.

You should always do research before downloading or installing any Bitcoin wallet.

With that in mind it can be helpful to look at what type of cryptocurrency investor the BRD wallet is designed for.

Who is BRD Wallet Good For?

BRD is good for new bitcoin users who are just getting comfortable sending and receiving bitcoins.

It’s also good for users who are spending and receiving bitcoins daily, or need to keep a. small amount on their phone.

What Platforms Does BRD Support?

BRD supports any valid Bitcoin transaction, regardless of where it originates from. Whether you’re receiving a transaction from a person, an organization or a business, so long as it’s being broadcast on a network/coin that BRD supports, you can use it.

Is BRD Safe?

For the most part, yes. BRD has a proven security record and the wallet itself has never been hacked.

Heads Up!

Large amounts of bitcoins should not be stored on your BRD wallet! If you want the most secure Bitcoin wallet then you will need to use a hardware wallet like the Ledger Nano X or TREZOR T.

You should always do research before downloading or installing any Bitcoin wallet.

Just make sure you download directly from the App Store or Google Play Store.

BRD vs Other Wallets

COMPARISON

Ledger Nano X

  • Good for storing large amounts of crypto
  • Supports 1,000+ coins
  • Can be used with iOS & Android

BRD

  • Great wallet for iOS and Android
  • Supports many coins, like BTC and ETH
  • Clean interface makes it easy to use

Electrum

  • Desktop wallet that works for Mac, Windows and Linux
  • Simple to use, but also offers power features for experienced users
  • Can connect to hardware wallets

What Coins Does BRD Support?

BRD supports bitcoin, ethereum, Ripple, BRD token and Bcash.

How to Add Funds to BRD

You can buy bitcoins on an exchange and send them to your BRD wallet.

Here are some exchanges:

  • Popular Exchanges
  • Coinbase
    • High liquidity and buying limits
    • Easy way for newcomers to get bitcoins
    • "Instant Buy" option available with debit card
  • Coinmama
    • Works in almost all countries
    • Highest limits for buying bitcoins with a credit card
    • Reliable and trusted broker
  • Kraken
    • Great liquidity and low fees
    • Supports most countries
    • Trusted exchange, started in 2011

How to Receive Bitcoin on BRD

Open your wallet and enter the passcode–assuming you already setup your wallet–in order to go to the main screen. From there you can click on the currency you want to receive.

In the lower right corner, tap “Receive”.

A Bitcoin address and QR code will popup that you can receive bitcoins into.

How to Backup BRD Wallet

Backing up BRD is simple. Simply write down the code you receive when you setup the wallet. Store it in a safe place, where no one would find it.

How Does BRD Calculate Transaction Fees?

You may notice when sending a payment there is a small fee attached.

This fee will vary based on when you send your transaction and how many transactions have been made with your wallet.

BRD has its own fee calculation system. It’s based on the current fees on the Bitcoin network, in order to save you the most money by having you pay the lowest fee possible.

How to Get an BRD Address

Open your wallet and enter the passcode–assuming you already setup your wallet–in order to go to the main screen. From there you can click on the currency you want to receive.

In the lower right corner, tap “Receive”.

A Bitcoin address and QR code will popup that you can receive bitcoins into.

How to Restore BRD Wallet

To restore a BRD wallet you should have your seed phrase. After that follow these steps.

  • Download an BIP39 compatible wallet
  • Import your seed from BRD

Make sure the wallet is trustworthy and is directly from the wallet’s website.

How to Get Bitcoin Cash From BRD

To get Bcash from BRD wallet you need to restore your seed into a Bcash wallet.

Does BRD Support Ethereum?

Yes, BRD supports Ethereum.

How to Update BRD Wallet

BRD can be updated on iOs through the App Store. On Android, it can be updated in the Play Store.

Which Hardware Wallets Work with BRD?

There are no hardware wallets that work with BRD at this time.

BRD Recovery Phrase

Although we already discussed the recovery phrase earlier, it deserves its own section.

NOTE: As noted above in the setup phrase section, make sure to keep your recovery phrase in a safe, and secure place.

This is especially true if you are storing large amounts of bitcoins in breadwallet. However, we recommend using a hardware wallet like the Ledger Nano X for storing larger amounts.

The Ledger Nano X is a multi-currency hardware wallet, featuring a screen for payment validation and architect-ed around a secure element for maximum protection of your assets.

Send from BRD to Bank Account

Right now there is no way to “send” bitcoins directly from your BRD wallet to a bank account.

You will have to send bitcoins from your wallet to an exchange where you then can sell and transfer the money to your bank account.

Here are some exchanges:

  • Popular Exchanges
  • Coinbase
    • High liquidity and buying limits
    • Easy way for newcomers to get bitcoins
    • "Instant Buy" option available with debit card
  • Coinmama
    • Works in almost all countries
    • Highest limits for buying bitcoins with a credit card
    • Reliable and trusted broker
  • Kraken
    • Great liquidity and low fees
    • Supports most countries
    • Trusted exchange, started in 2011

breadwallet vs. Coinbase

It’s hard to directly compare breadwallet and Coinbase.

Coinbase is more of an exchange than a wallet.

Even though it is considered a very safe exchange to temporarily store small amounts of bitcoins, we strongly recommend you NOT use Coinbase to store any significant amount.

When you use Coinbase, Coinbase controls your private keys and function as a bitcoin bank.

Storing your bitcoins with BRD means you control your private keys.

Heads Up!

Large amounts of bitcoins should not be stored on your BRD wallet! If you want the most secure Bitcoin wallet then you will need to use a hardware wallet like the Ledger Nano X or TREZOR T.

You should always do research before downloading or installing any Bitcoin wallet.

How to Send Bitcoin from Coinbase to BRD

Coinbase is the most popular exchange in the US. Since breadwallet is one of the most popular iPhone wallets, it’s no surprise we get asked how to send bitcoins from Coinbase to breadwallet.

The team at breadwallet has made this transfer easy to complete.

Simply open breadwallet on your iPhone and swipe right to the receive money page that shows your address, it should look like the screen below:


Now, login to your Coinbase account, it will take you to the “Dashboard” screen:

Next, tap the stacked horizontal lines in the upper left hand corner, this will open your wallet options tab. Then tap the “My Wallet” button icon, it is highlighted in the picture below.


On the next page, you will find two small icons in the upper right hand corner of the screen, one to scan to a QR code, and another of a paper airplane. Both will take you to the send or request screen.

Using the QR code method, you can either scan your breadwallet address code by taking a picture of it as seen below, or the “My address” button highlighted in white below.

Tap the “COPY ADDRESS” button you see above. The “COPY ADDRESS” field will flash the “COPIED” as seen below:

Or you can tap the “paper airplane” icon instead, and it will also take you to the Send or Request screen.

From there, just enter the amount you want to send or request and press the “SEND” button in the bottom right hand corner of the screen:

That’s it! The bitcoins from Coinbase should be on their way to your breadwallet

BRD Support

bread wallet has a detailed FAQ on their website that should help answer most users basic questions.

Rating: 4.5