In the era of the development of technology and the cryptocurrency market in general, cryptocurrencies have become more popular than ever. Special wallets were created to manage the funds on the network. This mSIGNA wallet overview will be devoted to describing this client – we’ll tell you what it is, what features of this application, why it should be chosen from many offered on the Internet.
Basic information about the mSIGNA cryptocurrency wallet
The mSIGNA cryptocurrency wallet is characterized by high speed of operation and ease of use. Even if you are a beginner and only comprehend the basics of mining and dealing with digital money, then you will not be difficult to understand the process of the system.
mSIGNA’s Bitcoin wallet belongs to the category of thick clients – it’s a desktop application, which is characterized by scaling and creating enterprise-level solutions.
You can synchronize different devices accounts, configure them together with other users, deposit, and use the multifactorial authorization function. Developers provide you with open source code for the most comfortable use of the client’s capabilities.
You can install the mSIGNA wallet on devices running on MAC, Windows and Linux platforms.
The mSIGNA wallet advantages and disadvantages
Now we can talk about the mSIGNA wallet pros and cons. Starting work with this client, you will immediately notice that it is not devoid of merit, among which:
- The ability to control your funds – the client provides you with the opportunity to independently control your funds. This will allow you to be sure that the existing Bitcoins will not be frozen or lost. At the same time, you should not forget about making backup copies of keys and passwords;
- A complete system check – if you are going to install the mSIGNA wallet, be prepared for the fact that you will need the appropriate software to verify the validity of transactions. This means that you do not need to provide confidential information to third parties, which allows you to provide additional protection for your funds. Remember that you will need a certain amount of free disk space on the device, the appropriate bandwidth with regard to the operation of antivirus software and some time for the initial synchronization;
- Transparency of the data – the source code of the program is freely available, so each developer, if desired, can check a code. In this case, you still need to some extent trust the developers – in the process of updating the software or creating the mSIGNA wallet;
- Increased confidentiality level – creating the mSIGNA wallet prevents the possibility of surveillance of transactions made. This wallet is recognized by Bitcoin.org as one of the safest to work with cryptocurrency. Do not forget to apply new addresses when you request a new transaction. Remember that you can use virtual tunnels and proxy servers of the Tor type – this will increase the level of security and prevent the actions of intruders with respect to your funds.
Against the backdrop of numerous and quite significant advantages of the client, its shortcomings look insignificant, however you should know about them and take them into account when manipulating your digital assets:
- The vulnerability of the work environment – client installation can be performed on devices that are susceptible to malicious software. To increase security and make the storage of Bitcoins reliable, transfer the bulk of your funds to an offline safe, and keep passwords and keys out of the reach of unauthorized persons;
- A fixed commission for transactions – the system will not offer you loyalty programs depending on your activity in the system or the amount of transfer. Commissions are fixed, and you cannot save on them. The only way to pay less is the choice of a minimum commission, which is more favorable at first glance, but you will have to spend a lot of time waiting for the transaction.
Where to download mSIGNA wallet?
Now we have come directly to the beginning of work with the client. To create a mSIGNA wallet, you must first install it.
How to install mSIGNA wallet? The answer to this question will be given in the form of step-by-step instructions, which will be understood by absolutely everyone – both experienced users and newcomers. Here a description of mSIGNA wallet installation:
- Go to the official mSIGNA wallet site https://ciphrex.com and select the section in which the versions for downloading the client are placed;
- Select the version corresponding to the software of your device and click “Download”;
- Waiting to download files to the device;
- At the end of the download, go to the folder where the files were saved and run the installation wizard;
- follow the system prompts, accept the License Agreement and click “Finish”.
Also, you can download the mSIGNA wallet from an alternative but officially confirmed source – https://bitcoin.org/en/wallets/desktop/windows/msigna/.
Registering the mSIGNA wallet
Once you have installed the application on your device, you need to register your mSIGNA wallet.
How to register the mSIGNA wallet? The answer to this question will be given below.
Registering the mSIGNA wallet is already a routine for all cryptocurrency wallets. The mSIGNA wallet registration instruction is a clear and short algorithm of actions, as a result – you will become the owner of your account and can manipulate your Bitcoins at your discretion. You need to perform the following steps:
- Run the program;
- In response to a system request for registration, create a login, password and a new address for your wallet. You can create several addresses at once. Password write down and store in an inaccessible place;
- Enroll funds to the account and perform any operations.
Important! Remember that the system does not allow you to cancel transactions, so before you submit the form for the transaction, carefully check the accuracy of the entered data.
The mSIGNA cryptocurrency wallet conclusions
What can I say about the client mSIGNA at the conclusion of the review? The application is a modern and secure wallet for the cryptocurrency, which is scalable and a full package of services for networking. Support for transactions with multi-signatures, offline storage, synchronization, and encryption provides you with all the necessary functionality for successful work with cryptocurrency. We recommend mSIGNA wallet to experienced users and beginners in the world of digital money.