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Bread Review

Bread
Our score: 8.5 User satisfaction: 96%

What is Bread?

Bread is a mobile bitcoin wallet solution designed to leverage the possibilities and capabilities that bitcoin provides. Bitcoin is a cryptocurrency or digital currency that operates in a payment system that doesn’t have a central bank, and a network wherein transactions are done directly between users with no intermediary. Bread is built to connect users directly to such system and network. Simple and secure, the app permits them to send and receive any amount of bitcoin from any place and at any time. With Bread, they will also be able to save and buy bitcoin.

Furthermore, Bread lets users make bitcoin transactions without the need of logins or passwords that they have to remember. The solution only provides them with a wallet and a paper key. A paper key is comprised of 12 words that are randomly generated and can be used to regain access to a wallet. Likewise, Bread is a standalone client, which means users can send and receive bitcoin without relying on a server. As Bread connects users directly to the bitcoin network, they are ensured that they have full control over their money and transactions.

Overview of Bread Benefits

The Power Of Bitcoin At Your Fingertips

Bitcoin is a digital money that eliminates the common problems associated with the world’s banking system such as high bank fees, poor customer service, and restricted banking hours. It makes sending any amount of money to any person anywhere in the world and at any time possible.  However, bitcoin and other cryptocurrencies are complicated to use. With Bread, using bitcoin is a breeze. Thus, the mobile bitcoin wallet solution enables users to make bitcoin transactions with ease, connecting them directly to the bitcoin network where they no longer have to be frustrated with high bank fees, banking hours, or poor customer service.

Mobile Bitcoin Wallet

With Bread, users don’t need to create any account, username, or password. This is because they simply need a wallet where they will store their money. This mobile bitcoin wallet is just like a physical wallet where they put their cash in. However, this bitcoin wallet is only accessible online and only stores digital money. The Bread mobile bitcoin wallet gives users the ability save their money independently and the freedom to decide what they want to do with it. They can create their first wallet by selecting the “Create New Wallet.”

Critically Important Paper Key

As users create a new wallet through the Bread or BRD app, it generates a list of 12 words which are randomly provided by the app. This list of words is called “Paper Key.” Paper Key is one of Bread’s security features. It used primarily to restore access to a wallet. Because users can only store their wallets on their mobile phones, a paper key is very important.

For instance, when a mobile phone is lost, destroyed, or stolen, they can use a paper key so they can access again the wallet on a new phone. It is highly recommended that they write every word in the list on a piece of paper, and store the paper in a secure location. In addition, they can use a paper key when they want to reset their wallet’s PIN or when their phone is updated.

Send And Receive Bitcoins

In order to send and receive bitcoins through Bread, the bitcoin address of the recipient is needed. The recipient can give his or her bitcoin address to the sender by presenting a QR code where the address is stored, sharing it via email or text message, or pasting it to a website or another app.

Then, the sender needs to enter the recipient’s bitcoin address. Depending on how the sender received the address, there are different ways to enter the bitcoin address. One way is by scanning the QR code if the sender received a QR code. In case the sender received the address via email or text message, he or she can copy and paste it. Lastly, the address can be manually entered after tapping the “To” label. This can be applied when the sender obtained the bitcoin address in another way.

“Request An Amount” Feature

There is a very interesting feature in Bread which helps senders ensure that they are sending the correct amount of money to their recipients. This feature is called the “Request An Amount.” When recipients use the “Request An Amount” screen, they can specify the amount of money they are expecting to receive. Whatever amount they enter will be included in the QR code. As the sender scans the QR code, the app automatically enters the amount to be sent. This way, the sender doesn’t have to enter the amount manually, and at the same time, mistakes are avoided when it comes to sending a specific amount of money.

Overview of Bread Features

  • Better Than A Bank
  • Setup In Seconds
  • No Logins Or Passwords To Remember
  • Connect To The Bitcoin Network
  • Mobile Bitcoin Wallet
  • Paper Key
  • Restore Access To Wallet
  • Import Wallet
  • Send And Receive Bitcoins
  • New Bitcoin Address
  • “Request An Amount” Feature
  • Private As Cash
  • Nerd-Level Security
  • Save And Buy Bitcoins

Bread Position In Our Categories

Keeping in mind companies have special business requirements, it is only rational they abstain from choosing a one-size-fits-all, ideal software system. Be that as it may, it is hard to pinpoint such application even among well-known software products. The rational thing to undertake should be to jot down the various vital factors which require analysis like key features, price plans, skill capability of staff, business size, etc. Next, you must perform the research through and through. Browse over some Bread evaluations and scrutinize the other software options in your list in detail. Such well-rounded research guarantees you stay away from ill-fitting software products and pay for the one that delivers all the benefits you require business requires for success.

Position of Bread in our main categories:

TOP 20

Bread is one of the top 20 Mobile Payment Systems products

If you are considering Bread it might also be beneficial to examine other subcategories of Mobile Payment Systems collected in our base of B2B software reviews.

It's essential to note that hardly any software in the Mobile Payment Systems category is an ideal solution that can fulfill all the requirements of different business types, sizes and industries. It may be a good idea to read a few Bread Mobile Payment Systems reviews first as certain software may dominate exclusively in a very small group of applications or be prepared with a really specific industry in mind. Others may function with a goal of being simple and intuitive and as a result lack complex elements desired by more experienced users. There are also apps that cater to a broad group of users and provide a rich feature toolbox, but that usually comes at a more significant cost of such a software. Make sure you're aware of your requirements so that you choose a service that offers specifically the features you search for.

How Much Does Bread Cost?

Bread Pricing Plans:

Free Trial

Bread app

Free

Bread is a free digital wallet app for bitcoin. Thus, you can download and use the app for free with no enterprise pricing fees to worry about. However, you need to pay transaction fees to the bitcoin network. In addition, buying bitcoins through the app has fees depending on the payment method you use.

User Satisfaction

Positive Social Media Mentions 242
Negative Social Media Mentions 5

We realize that when you make a decision to buy Mobile Payment Systems it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Bread reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Bread. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac

Deployment

  • Cloud Hosted

Language Support

  • Dutch
  • Turkish
  • Swedish

Pricing Model

  • Free

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are Bread pricing details?

Bread Pricing Plans:

Free Trial

Bread app

Free

Bread is a free digital wallet app for bitcoin. Thus, you can download and use the app for free with no enterprise pricing fees to worry about. However, you need to pay transaction fees to the bitcoin network. In addition, buying bitcoins through the app has fees depending on the payment method you use.

What integrations are available for Bread?

No information available.

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Reviewed By Louie Andre
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