Review on Coinomi by Özgün A
One of the oldest and most established wallets
Coinomi is one of the oldest wallets in the cryptocurrency world. In fact, it is the oldest wallet with multiple cryptocurrency lists. It can be used as both desktop and mobile wallet. As I always said, mobile wallets have always seen the risk. Because we click on many links on the phones we use in daily life, we access many internet sites. The smallest virus entering from these sites can capture all of your information. Therefore, use a phone only for cryptocurrencies that you do not use in daily life. Anyway, let's move on to the topic ..
There are two types of encryption in the Coinomi wallet. You are logging in with a password for the application. In addition, you need to use a separate password for any money transfer.
With the multi-language option within the application, you can make your transactions without any difficulty. Its interface is simple and useful. You can also trade in-app. Coinomi takes privacy very seriously. It does not phishing or IP address tracking. It does not require authentication. That's why we can say it is mostly in the anonymous wallet category. This is a really important issue. It has variable transaction fees. You can pay less transaction fees by converting your assets into the lowest cryptocurrency.
Pros
- Multiple language options
- Two-step encryption
- Reliable as it is one of the most established wallets
- Does not require authentication
- Doesn't track IP
Cons
- Some coins have high transaction fees
New products
Comments (1)
December 02, 2020
My dear friend, I can say that I read your article about this wallet with pleasure. It was very revealing and informative. As you said, the Coinomi wallet is old and well established. This makes it reliable.
