Review on Coinomi by Eunice Olagbadun
Coinomi an amazing multi currency wallet
I discovered from my research on coinomi wallet that it was founded back in 2014 though I had difficulties using it due to its poor user interface. Coinomi became a popular multi currency wallet due to its vast set of features. I enjoy trading on coinomi because it allows me trade between cryptocurrencies within the wallet without the need to visit an exchange via shape shift and changelly. It also allows me to send and receive over 125 different coins and blockchains through a versatile mobile and desktop applications. Coinomi also partners with simplex where I can also buy BTC,LTC,XRP,ETH, and BCH using credit cards. Due to the fact that coinomi supports segwit I'm able to either send Bitcoin or litecoin in order to enjoy faster confirmations and lower transaction fees. One interesting about coinomi is that I'm able to set a custom fee for my transactios thus I can use a dynamically calculated fee to get the best value for money at all times. Coinomi also supports the following coins like Bitcoin,Ethereum, Ripple,Litecoin,Bitcoin cash,Dash,Monero,Zcash,Tether,USDC and
Pros
- It supports its own crypto to crypto exchange
- Its a non custodial wallet
- Easy to use
- User friendly
- It supports different crypto assets
- Exchange capabilities
- Huge altcoin support
- Coinomi representatives are very responsive
- Great security
Cons
- Not open source
