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Review on Coinomi by Faisal Saputra

Revainrating 5 out of 5

Best wallet multi-asset

Coinomi wallet, is a wallet that is very lightweight, easy to use. and also has a multisig wallet feature that makes it easy to retrieve multiple addresses in one address.

almost 1 year I use coinomi wallet, it feels very comfortable, there is no need to be buried anymore, like trust wallet, I use both, because it makes it easy for me to use the wallet.

Coinomi was re-established in 2014, besides, it is the oldest multi-asset wallet ever, wow !!

Supports thousands of assets, because users can add erc20, which is very safe to use on mobile and desktop, providing native support and ownership of 125 blockhains and 382 tokens

Coinomi guards user privacy with the following measures

No KYC needed
No IP association
No identity linking
No transactions tracking

Coinomi is a popular multicurrency wallet for mobile and desktop. In this review, I’ll cover the different wallet features and share my personal experience with it.

Coinomi Is not Open Source Most people who are interested in cryptocurrency prefer open source software, as they should. Coinomi was part of the open source software movement, allowing anyone to review their code. With peer review, any hidden code, malicious modules, or exploits would be easily identified. This ensures that users aren’t subject to any hidden malware that secretly benefits Coinomi or third parties. However, it seems that about a year ago Coinomi moved their project to be closed source. This is not to say that their code isn’t good or became malicious, but it does mean that you don’t get the same amount of protection or transparency as you do with open source.






Pros
  • Fast
  • Small
Cons
  • Not weak

Comments (1)

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May 11, 2020
this is a very good wallet, i have to try it, is it available for linux? I think it's not much different from imtoken, trust wallet. wallets that support erc20 are very widely used, because now there are so many projects that support erc20

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