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4 Level
124 Review
36 Karma

Review on Coinomi by Alexander Grizma

Revainrating 1 out of 5

Coinomi Crypto Wallet Review - Is It Safe To Use?

The-Gradually, cryptocurrencies are increasingly gaining ground in the modern financial sector, more and more altcoins are emerging, and the number of users making digital money is growing. Special cryptocurrency wallets are required, in which it is convenient to securely store virtual currency. To date, there are many online, browser, hardware, mobile, desktop and fiat cryptocurrency wallets developed. It is difficult to compete with such a rich choice, but there is a specialized multicurrency cryptocurrency store that compares favorably with most peers - the Coinomi cryptocurrency wallet. Many specialists worked on the project who did a good job of implementing the main ideas. The most important distinguishing features of the Coinomi crypto wallet: - Simplicity and convenience of the Coinomi crypto wallet. There are no unnecessary, little-demanded tools such as market depth, multiple settings, price charts, news feeds, exchange of optional currencies, chat, etc. There is not even a multi-signature of transfers or two-factor authentication. Everything is simple and minimalistic. The conversion speed is impressive. Simultaneous work with two exchange services dramatically speeds up the implementation of exchange operations. Maximum delays during peak periods rarely exceed a couple of minutes.

- Dynamic commission calculated by Coinomi at the time of the transfer or exchange request. The queue in mempool is taken into account here - the larger it is, the lower the percentage of the fixed value for the application. You can change the size of the system fee yourself by moving or moving your own position to the queue. Due to the lack of additional and often unnecessary functions, the application takes up very little space on the device, and also has low requirements for RAM capabilities. This is extremely important for mobile devices. - Cross-platform wallet. After testing the desktop version of the crypto wallet, Coinomi will become more versatile and affordable.

- All transactions and conversions are carried out in almost one click.

- Absence of serious complaints during a very long time of the project's existence.

- Storing and generating passwords exclusively on the client side. Hacking the Coinomi network will be useless for fraudsters as they do not have access to cryptocurrency accounts and user accounts.If you want to use the Coinomi wallet as a wallet, you need to download the Coinomi app on your device or use the Coinomi desktop version. You can download the Android, iOS or Coinomi app for Windows, macOS or Linux.

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Pros
  • Good
Cons
  • No problems

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