{"id":225084,"date":"2021-02-08T11:08:19","date_gmt":"2021-02-08T16:08:19","guid":{"rendered":"http:\/\/insidebitcoins.com\/?page_id=225084"},"modified":"2024-10-22T19:43:49","modified_gmt":"2024-10-22T19:43:49","slug":"omni-wallet","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/bitcoin-wallets\/omni-wallet","title":{"rendered":"Omni Wallet Review &#8211; Fees, Pros, Cons and Features"},"content":{"rendered":"<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni.jpg\"><img decoding=\"async\" class=\"size-thumbnail wp-image-225105 alignright\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni-150x150.jpg 150w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni-45x45.jpg 45w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni.jpg 225w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>Omni wallet differs significantly from your everyday cryptocurrency wallet. It is a hybrid, web-based wallet that offers native support for Bitcoin and Omni tokens created by the Omni Layer team. <strong>In this Omni wallet review, we have carefully assessed the Omni wallet&#8217;s features and found out that it is not safest crypto wallet for you. Therefore, we would not recommend it.<\/strong> If you would like to know more about why we do not recommend Omni and how to find a safer option, keep on reading.<\/p>\n<p class=\"p1\">\n            \n<div class=\"w-100 clearfix fc-row\"> <div class=\"step-heading-outer\"><h2>On this Page:<\/h2><div href=\"#\" class=\"btn btn-secondary toc-toggle\">Contents [<span>show<\/span>]<\/div><\/div><div class=\"choose-stock\"><div class=\"choose-stockone\"><ul id=\"tableofcontent\" class=\"toc-collapse\"><\/ul> <\/div><\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#EFEFEF50;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#EFEFEF50;border-color:#EFEFEF50;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2>Is the Omni Wallet Recommended?<\/h2>\n<p><img decoding=\"async\" class=\"emoji\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/11.2.0\/svg\/274c.svg\" alt=\"\u274c\" \/> <strong>After a thorough analysis of Omni web wallet, its core features and functions, we would not recommend it.<\/strong> One aspect that is significantly missing from the wallet is regulatory compliance. Admittedly, a majority of crypto wallets are not compliant. But in this nascent safety, compliance is a major contributor to security. The eToro wallet is one of the few exceptions in this regard as it is regulated in a number of countries where it operates. We would therefore recommend it as one of the safest options out there.<\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#57BDE020;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#57BDE020;border-color:#57BDE020;color:#000000;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><i class=\"fa fa-info-circle\" aria-hidden=\"true\"><\/i> If you still have doubts as to what the best service for storing your cryptos is, you can compare the best <a href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\">Bitcoin wallets<\/a>. <\/div><\/div>\n<h2>What is Omni Wallet?<\/h2>\n<p><img decoding=\"async\" class=\"size-thumbnail aligncenter\" src=\"https:\/\/en.bitcoinwiki.org\/upload\/en\/images\/thumb\/e\/e5\/Omnilayer.png\/500px-Omnilayer.png\" width=\"500\" height=\"193\" \/><\/p>\n<p>To get started, let us find out, what is Omni wallet? Omni is a hybrid, web-based wallet that offers native support for Bitcoin and Omni tokens. The team behind it is known as Omni Layer. Previously known as Mastercoin, the Omni project started out in 2013 after the release of a white paper by its chief architect, JR Willet. Essentially, the project has created a protocol layer on top of the Bitcoin blockchain for a trustless asset or value exchanges. Mastercoin rebranded in 2016 to Omni. The Omni wallet can store as well as facilitate sending and receiving of Omni layer assets and Bitcoin.<\/p>\n<h2>Omni wallet compatibility<\/h2>\n<p>Omni wallet is compatible with the following operating systems:<\/p>\n<ul>\n<li>Linux<\/li>\n<li>OSX<\/li>\n<li>Windows<\/li>\n<\/ul>\n<p>Note that as a web wallet it only functions online.<\/p>\n<h2>What wallet type is Omni?<\/h2>\n<ul>\n<li>Web-based<\/li>\n<li>Open source<\/li>\n<li>Multi-currency<\/li>\n<\/ul>\n<h2>What cryptocurrencies does the Omni wallet support?<\/h2>\n<ul>\n<li>Bitcoin<\/li>\n<li>Omni token<\/li>\n<li>Test Omni token<\/li>\n<\/ul>\n<h2>What fees does Omni wallet have?<\/h2>\n<p>Omni wallet fees include:<\/p>\n<ul>\n<li>Non-OmniProtocol Return Outputs \u2013 2730 Satoshis<\/li>\n<li>Miner\u2019s fees \u2013 vary according to network conditions<\/li>\n<\/ul>\n<h2>How to open your Omni Wallet account<\/h2>\n<p>Learning how to open Omni wallet is a simple procedure:<\/p>\n<h3>Step 1: Go to the official Omni Layer website and select \u201cGet Started\u201d<\/h3>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6.jpg\"><img decoding=\"async\" class=\"size-large wp-image-225584 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6-1024x462.jpg\" alt=\"\" width=\"640\" height=\"289\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6-1024x462.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6-300x135.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6-768x346.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6-600x271.jpg 600w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/6.jpg 1348w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Step 2: Under \u201cOmni Wallet\u201d select \u201cSign up\u201d<\/h3>\n<h3>Step 3: On the top right side of the screen, click the orange \u201cCreate Wallet\u201d button<\/h3>\n<h3>Step 4: Create a password for your wallet and then enter your email address<\/h3>\n<h3>Step 5: Check your email for account info<\/h3>\n<p>Keep the password and wallet ID safe as you will need both to access your wallet<\/p>\n<h3>Step 6: Log in to the wallet and go to My Wallet&gt;Overview&gt;Wallet Options&gt;Backup<\/h3>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7.jpg\"><img decoding=\"async\" class=\"size-large wp-image-225586 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7-576x1024.jpg\" alt=\"\" width=\"576\" height=\"1024\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7-576x1024.jpg 576w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7-169x300.jpg 169w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7-768x1365.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7-600x1067.jpg 600w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/7.jpg 800w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/a><\/p>\n<h3><\/h3>\n<p>You will get a prompt to type your password and then click \u201cValidate.\u201d The backup will download and you can save your backup safely on USB or your PC. Congratulations, that is how to open a wallet on Omni.<\/p>\n<h2>How do I add cryptocurrencies to Omni Wallet?<\/h2>\n<p>Next, let us learn how to add currency to Omni wallet:<\/p>\n<h3>Step 1: Log in to your account and go to My Wallet&gt;My Addresses to see your Omni wallet address<\/h3>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1.png\"><img decoding=\"async\" class=\"size-large wp-image-225587 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1-1024x319.png\" alt=\"\" width=\"640\" height=\"199\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1-1024x319.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1-300x94.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1-768x240.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1-600x187.png 600w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/8-1.png 1754w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Step 2: Copy the address and paste it in the \u201cSend to\u201d box on another wallet or an exchange to add crypto to your Omni wallet.<\/h3>\n<p>That is how to transfer Bitcoin to Omni wallet from another wallet. Since it only supports Bitcoin and Omni tokens, we will not be looking at how to transfer Ethereum to Omni wallet or how to transfer Ripple to Omni wallet.<\/p>\n<h2>How to send payments on Omni wallet?<\/h2>\n<p>Here\u2019s how to send payments on Omni wallet:<\/p>\n<h3>Step 1: Log in to your account and go to My Wallet&gt;My Addresses and then on the right side, click the orange \u201cSend\u201d button<\/h3>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1.png\"><img decoding=\"async\" class=\"size-full wp-image-225590 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1.png\" alt=\"\" width=\"852\" height=\"588\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1.png 852w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1-300x207.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1-768x530.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/10-1-600x414.png 600w\" sizes=\"(max-width: 852px) 100vw, 852px\" \/><\/a><\/p>\n<h3>Step 2: Click \u201cChoose Coin,\u201d select the address in your wallet from which you want to send the payment, enter the amount and Send Address<\/h3>\n<p>The wallet will automatically calculate the optimal miner\u2019s fees and after confirming, hit \u201cSend.\u201d<\/p>\n<h2>How do I receive payments on Omni wallet?<\/h2>\n<p>To receive payments on Omni:<\/p>\n<h3>Step 1: Log in to your account and go to My Wallet&gt;My Addresses to find your wallet address<\/h3>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-225588\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1.png\" alt=\"\" width=\"1018\" height=\"613\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1.png 1018w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1-300x181.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1-768x462.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/9-1-600x361.png 600w\" sizes=\"(max-width: 1018px) 100vw, 1018px\" \/><\/a><\/p>\n<h3>Step 2: Copy it and share it with your counterparty and then wait for the transaction to reflect.<\/h3>\n<p>Note that the wallet will only display a Bitcoin address. This is because all coins built on the Omni protocol layer are compatible with Bitcoin addresses.<\/p>\n<h2 id=\"safe\">How safe is Omni Wallet?<\/h2>\n<p><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.coba.org\/wp-content\/uploads\/2016\/12\/lock-icon.png\" alt=\"Related image\" width=\"90\" height=\"90\" \/><\/p>\n<p>A number of Omni safety features work together to keep user funds safe on this wallet. Consider some of these:<\/p>\n<h3 class=\"LC20lb\"><strong>Open Source Code<\/strong><\/h3>\n<p>Omni wallet is created from the ground up using open source code. On the official website, the team actually encourages interested parties to report bugs and code up to fix issues. This transparent approach facilitates independent audits of the code. As such, it is possible to identify problem areas early.<\/p>\n<h3 class=\"LC20lb\"><strong>Multifactor Authentication (MFA)<\/strong><\/h3>\n<p>MFA is an approach used to add a second layer of protection to your wallet during login. Instead of simply using a password or PIN code, the wallet generates a code to further enhance security. It makes use of compatible platforms such as Google Authenticator. A user will have to scan a QR code that the wallet generates so as to import a secret that was pre-shared. This in turn generates tokens that one can use to log in.<\/p>\n<h3 class=\"LC20lb\"><strong>Armory Offline Addresses<\/strong><\/h3>\n<p>As a web wallet, Omni is vulnerable to online attacks. However, with an Armory Offline Address, you can create secure transactions and track funds offline. Whenever you transact offline, you can sign the transaction using an offline Armory client. You will only need to come online to broadcast the transaction.<\/p>\n<p>Omni wallet has implemented outstanding measures to secure user funds. Being a web-based wallet makes it vulnerable to online attacks from malicious parties. But the option of transacting offline using Armory Offline Addresses adds a measure of security. However, all in all, it cannot be said to be the safest wallet out there because it is not regulated.<\/p>\n<p>As mentioned at the onset, eToro is one of few crypto wallets that are compliant. It is regulated in several jurisdictions including:<\/p>\n<ul>\n<li>Cyprus \u2013 Cyprus Securities and Exchange Commission (CySEC)<\/li>\n<li>The UK \u2013 Financial Conduct Authority (FCA)<\/li>\n<li>The US \u2013 Financial Crimes Enforcement Network (FinCEN)<\/li>\n<li>Europe \u2013 Markets in Financial Instruments Directive (MiFID)<\/li>\n<li>Australia \u2013 Australia Securities and Investments Commission (ASIC)<\/li>\n<\/ul>\n<p>Operating under multiple regulatory authorities means that eToro has had to adhere to stringent quality control measure. It also makes the platform liable in case of loss of user funds. As such, it is a much safer option than Omni.<\/p>\n<h2 id=\"pros_and_cons\">Omni Wallet Pros and Cons<\/h2>\n<div class=\"su-note\"  style=\"border-color:#EFEFEF80;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#EFEFEF80;border-color:#EFEFEF80;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<h4><strong>Pros<\/strong>:<\/h4>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-chevron-circle-down\" style=\"color:#4FDA44\"><\/i> \u00a0Does not require software download or installation as it operates online<\/li>\n<li><i class=\"sui sui-chevron-circle-down\" style=\"color:#4FDA44\"><\/i> Open source design<\/li>\n<li><i class=\"sui sui-chevron-circle-down\" style=\"color:#4FDA44\"><\/i> \u00a0Supports user-generated currencies and Smart Property<\/li>\n<li><i class=\"sui sui-chevron-circle-down\" style=\"color:#4FDA44\"><\/i> \u00a0Private key Omni wallet stored on the server in encrypted form<\/li>\n<\/ul>\n<\/div><\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<h4><strong>Cons<\/strong>:<\/h4>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> \u00a0Stores user private keys<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> \u00a0Limited digital asset support<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> \u00a0Web-based wallets are inherently more vulnerable to malicious attacks<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> \u00a0Limited functionality<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Security features are complex to use<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<div class=\"su-divider su-divider-style-default\" style=\"margin:15px 0;border-width:2px;border-color:#efefef\"><\/div>\n<h2>Omni Wallet vs. other wallets &#8211; how does it compare?<\/h2>\n<h3><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/11\/eToro.png\"><img decoding=\"async\" class=\"alignright size-full wp-image-242223\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/11\/eToro.png\" alt=\"eToro Commits To Better Future Growth with Delta Acquisition\" width=\"310\" height=\"162\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/11\/eToro.png 310w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/11\/eToro-300x157.png 300w\" sizes=\"(max-width: 310px) 100vw, 310px\" \/><\/a>Omni wallet vs. eToro<\/h3>\n<ul>\n<li><strong>Customer Support<\/strong><\/li>\n<\/ul>\n<p>Omni definitely has some flaws when it comes to customer support. In fact, the staff members do not seem to be very responsive. eToro on the other hand, clearly has made some efforts to provide all the means necessary to satisfy customer demands, and that includes well-trained staff members and a good variety of ways for users to get in touch with them.<\/p>\n<ul>\n<li><strong>Versatility<\/strong><\/li>\n<\/ul>\n<p>As opposed to Omni wallet, eToro is known for its versatility. Other than just being a crypto storage space, it can also be a trading platform and exchange, meaning that you can buy, sell and store cryptocurrencies through the same <a href=\"https:\/\/insidebitcoins.com\/bitcoin-account\">Bitcoin account<\/a>, which makes things much simpler than they would be on Omni wallet.<\/p>\n<h3><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/xapo.png\"><img decoding=\"async\" class=\"size-thumbnail wp-image-224904 alignright\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/xapo-150x150.png\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/xapo-150x150.png 150w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/xapo-45x45.png 45w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>Omni wallet vs. Xapo<\/h3>\n<ul>\n<li><strong>Security<\/strong><\/li>\n<\/ul>\n<p>Omni has implemented a number of worthwhile security measures but it has a disadvantage by virtue of being an online wallet. <a href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\/xapo-wallet\">Xapo<\/a> however excels in its use of deep cold storage facilities in offline vaults.<\/p>\n<ul>\n<li><strong>Versatility<\/strong><\/li>\n<\/ul>\n<p>Unlike Omni which is purely web-based, Xapo is available as a mobile app as well as online. Another aspect of its versatility is that its users in Europe get access to a Visa card which facilitates convenient use.<\/p>\n<h3><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/gatehub.jpg\"><img decoding=\"async\" class=\"alignright wp-image-224910 size-medium\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/gatehub-300x149.jpg\" alt=\"\" width=\"300\" height=\"149\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/gatehub-300x149.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/gatehub.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Omni wallet vs. Gatehub<\/h3>\n<ul>\n<li><strong>Ease of Use<\/strong><\/li>\n<\/ul>\n<p>Omni is much easier to set up and use as it does not require a lengthy verification process during initialization. It also has a highly intuitive user interface. <a href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\/gatehub-wallet-review\">GateHub<\/a> is also user-friendly but requires a long verification process for new users.<\/p>\n<ul>\n<li><strong>Range of Supported Coins and Platforms<\/strong><\/li>\n<\/ul>\n<p>Omni is limited to online use and only supports one major coin. But Xapo is available on mobile platforms as well as online and also supports a reasonable number of coins. GateHub thus has a higher level of functionality.<\/p>\n<h2>Conclusion<\/h2>\n<p>Weighing the pros and cons of all the above crypto wallets as compared to Omni wallet leaves us with a clear winner, eToro. Not only is it the most versatile and functional of the wallets discussed. But it is also the only one that operates under the purview of multiple regulators. Therefore, in terms of user safety, eToro is far ahead of the competition.<\/p>\n<p><em>Update &#8211; As of 2025, the only cryptocurrencies eToro users in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.<\/em><\/p>\n<p class=\"p1\">\n            \n<h2>FAQs<\/h2>\n        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Where can I download Omni Wallet?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tOmni wallet is not available for download as it is a web wallet. To access it, go to the official Omni Wallet website and log in to your account.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>My Omni wallet froze; what should I do?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYou could close your browser, log in afresh and if it is still frozen, restore it using a previously created backup.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How do I restore my wallet using a backup?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tTo restore a wallet to Omni using a backup, log in and go to My Addresses then click Wallet Options and select Import Wallet. You will then select the backup file and again click Import Wallet to restore it.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How do I reset my Omni password?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tTo reset your Omni wallet password, log in to your account, go to My Account on the far right corner and select Account Settings. Next to the Wallet Password tab, click where it says Click Here to Change Your Wallet Password.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>What if I lost my MFA device?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tWhen you add a compatible MFA device to your Omni wallet, you can also save or record the shared secret. If you ever lose the MFA device, you can use this secret to restore your MFA credentials on another compatible device.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>What is a Watch Only Address on Omni Wallet?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tA watch only address is one whose balances you can track but that does not have a private key associated. Consequently, you can only view balances but not create transactions.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How can I backup my Omni wallet?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tTo backup or export your wallet, log in to your account, go to Overview, click Wallet Optionsand then select Backup Wallet.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Can I access my wallet using a different PC than the one I used to create it?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYes. Omni Wallet is a web wallet meaning that it stores your wallet information in encrypted form on its servers. Therefore, you can access it from any PC for as long as you know your WalletID and password.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t\n<script type=\"application\/ld+json\">\n    {\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Where can I download Omni Wallet?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Omni wallet is not available for download as it is a web wallet. To access it, go to the official Omni Wallet website and log in to your account.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"My Omni wallet froze; what should I do?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"You could close your browser, log in afresh and if it is still frozen, restore it using a previously created backup.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do I restore my wallet using a backup?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"To restore a wallet to Omni using a backup, log in and go to My Addresses then click Wallet Options and select Import Wallet. You will then select the backup file and again click Import Wallet to restore it.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do I reset my Omni password?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"To reset your Omni wallet password, log in to your account, go to My Account on the far right corner and select Account Settings. Next to the Wallet Password tab, click where it says Click Here to Change Your Wallet Password.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What if I lost my MFA device?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"When you add a compatible MFA device to your Omni wallet, you can also save or record the shared secret. If you ever lose the MFA device, you can use this secret to restore your MFA credentials on another compatible device.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is a Watch Only Address on Omni Wallet?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"A watch only address is one whose balances you can track but that does not have a private key associated. Consequently, you can only view balances but not create transactions.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How can I backup my Omni wallet?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"To backup or export your wallet, log in to your account, go to Overview, click Wallet Optionsand then select Backup Wallet.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Can I access my wallet using a different PC than the one I used to create it?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes. Omni Wallet is a web wallet meaning that it stores your wallet information in encrypted form on its servers. Therefore, you can access it from any PC for as long as you know your WalletID and password.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t    ]\n}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Omni wallet differs significantly from your everyday cryptocurrency wallet. It is a hybrid, web-based wallet that offers native support for Bitcoin and Omni tokens created <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\/omni-wallet\" title=\"Omni Wallet Review &#8211; Fees, Pros, Cons and Features\">[&#8230;]<\/a><\/div>","protected":false},"author":1745,"featured_media":225105,"parent":212791,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"class_list":["post-225084","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Omni Wallet Review 2021: Fees, Pros, Cons, Tutorial<\/title>\n<meta name=\"description\" content=\"Omni Wallet review: We Investigate \u2705Fees \u2705Customer Support \u2705Safety \u2705Platform \u2705Coins Supported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/225084\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omni Wallet Review - Fees, Pros, Cons and Features\" \/>\n<meta property=\"og:description\" content=\"Omni Wallet review: We Investigate \u2705Fees \u2705Customer Support \u2705Safety \u2705Platform \u2705Coins Supported.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-22T19:43:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/05\/omni.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"225\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/225084#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/225084\"},\"author\":{\"name\":\"Nica SJ\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/cf66c925cf0c515e9fc90232c26006ba\"},\"headline\":\"Omni Wallet Review &#8211; 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