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Review on Coinomi by JB CRYPTO

Revainrating 4 out of 5

From the best wallets to a vote of the world's people

Coinomi is a project launched in 2014, with the purpose of being one of the largest wallets of its competition, with many updates, but without leaving behind the security of its software, its users rate it as one of the most updated and secure wallets currently in the world of cryptocurrencies. This platform also has other functions such as serving as a means of exchange of virtual currencies, thanks to the services of ShapeShift and Changelly. One of the most relevant things about coinomi is its great capacity for categories that it accepts as cryptocurrencies and compatible tokens.
Coinomi has several relevant characteristics, which make it one of the most complete platforms in the world of crypto wallets. It has the ability to handle multiple currencies on the market, it has a multiplatform, this means that the wallet can be used on mobile devices such as Android and IOS such as Windows. You can also use Segwit mechanisms in the case of Bitcoin and Litecoin, for greater speed of confirmation in cryptocurrency transactions. It also has an ability to link with Ethereum dApss. It is a fairly complete and simple wallet in its web interface, the software is clear and very easy to use at all times.
Coinomi is one of the broadest wallets in the crypto market, since it can work with more than 125 blockchain networks and support for approximately 382 tokens, this platform was founded by professionals in blockchain technology, thus being one of the best global wallets from the world of cryptocurrencies. This platform does not work with fiat currencies, however the platform presents several types of support to show the prices of the virtual currency currently in case we need to calculate an amount for a crypto transfer.
Is there anything paid to own this wallet?
The users and developers of this claim that it is a totally free wallet, the best of all is that it does not charge any commissions when receiving cryptocurrencies, however at the time of sending a coin it charges a small commission but not because of them, if not in base of the mining to be performed.
It is one of the safest platforms on the market, its developers affirm that the coins that are in your wallet are totally safe from some type of hacking or theft, the peculiarity of its security is that it uses a very different method from other wallets something called "double blocking" which is based on the fact that if we want to change the password or to recover the password, we need several keys itself, because if this we will not be able to access it and it requires a minimum of 10 digits in the password.



Pros
  • Has a high security system
  • Varieties in your cryptocurrencies
  • has the integration of Changelly and ShapeShift
  • Transactions are very fast
Cons
  • If users of the platform forget their password or recovery phase, they will also lose their funds in the wallet (This due to its strict security).

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