Review on CoinCorner by Naomi Ilani
The Fact That CoinCorner Wallet Has Been Able To Gather More Than Two Hundred Thousand Registered Users Still Remain A Surprise To Me
Cryptocurrency wallets are digital platforms where traders make some trades and sometimes makes investments. These platforms seems to come in their diversity with each of them having a specific aim at the blockhain community. This is because it is virtually impossible to cover or meet all the needs of the cryptocurrency traders. As we all know, each one of these traders are different and have different things they want from a wallet. I would be reviewing a cryptocurrency wallet after doing that for a long time ago now. This is because after checking this wallet out, I found somethings fascinating and thought it write to publish a review about this wallet. This cryptocurrency wallet is the CoinCorner wallet. This crypto wallet happens to be amongst the wallets that have been in the blockchain network for a while now. This is because it was founded in the year 2014 and is currently located at the Isle of Man. This mobile wallet was founded by Danny Scott. This crypto wallet happens to surprise me with something, the number of cryptocurrencies they accept and the number of users they have. I've gotten aquatinted with something about the blockchain network, sometimes the company having much potentials doesn't achieve much while those not having enough potential to even survive for 5 years achieve greater heights than one expect. That's the exact case of the CoinCorner crypto wallet. This wallet accepts only 3 cryptocurrencies (yeah you got that, just three) which are: Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). At a point, I began thinking of the type of people that would be patronizing them because I believe most traders loves diversity and that's why there are hundreds of cryptocurrencies available on the blockchain network. The most surprising part of the story is that as at 2021, this wallet was known to have more than 200,000 users, with most of these users coming from its place of origination, the United Kingdom. I guess my prediction went all wrong. At first sight of this wallet, I never expected them to have more than a thousand users but they have more than two hundred thousand of them. Another thing that made me dislike this wallet is the fee they charge. This mobile wallet is known to charge exuberantly with their fees ranging from 3 to 10 percent. I feel it's really high and the reason they thrived through all these conditions was because the CoinCorner wallet was one of the first online site where traders or users as it where, could buy and sell cryptocurrencies as fast and easy as possible, this can also be proven by the year it was founded. The wallet also have a mobile application for Android and iPhone users. They also have their services available via Windows operating system and through the web, making access to their services easy to reach.
Pros
- The wallet is available on the web, on Android and iPhone mobile devices and on Windows operating system for Laptops
- They have been in existence since the year 2014 making them to have garthered many years of experience in the market
- The CoinCorner wallet was amongst the first site that was available for the buying and selling of Bitcoins in the United Kingdom
Cons
- The wallet accepts just three cryptocurrencies namely: Bitcoin, Ethereum and Litecoin (BTC, ETH and LTC). I find this as a problem because I'm quite sure traders loves to be exposed to diverse cryptocurrencies and I am a living proof of that
- Their fees are very high and I think should be worked on
