Review on CoinCorner by Paul Maduagwu
CoinCorner is a Custodial wallet.
CoinCorner is a custodial cryptocurency service that enables its users to store Bitcoin and some other cryptocurencies. It is more of an Exchange service than a wallet in my opinion. Funds deposited by its customers are held in cold storage under CoinCorner control.
When it comes to security this "wallet" is not my favorite as it does not give users access to their private keys but it provides an easy interface to buy, sell, Exchange, send and receive crypto. Its main market is Europe because the supported fiat currencies are GBP and EURO. Overall the wallet is okay, my major turn off was the long for I had to fill during signup, but CoinCorner is worth trying if it suits your needs.
Pros
- Buy and sell Cryptocurrency.
- Simple User interface.
- Can be access through web browser, Android and IOS.
- support for android 4.4 and up (more android users can use the wallet).
- Multicryptocurrency wallet.
Cons
- Users have to register/Sign up.
- Not anonymous.
- The wallet is not simple to use at first try, as its not only a crypto wallet.
- Last Android update was November 2019. (Almost a year ago).
- Users have no Access to their private keys.
- Little or no customer support.
