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Ibadan
4 Level
205 Review
410 Karma

Review on Coinomi by Olukayode Oyelami

Revainrating 4 out of 5

COIN OMO WALLET SUPPORT BE HUNDREDS OF COINS

The wallet is one of the user friendly wallet because the interface is easy to understand. This Multicurrency cryptocurrency wallet works perfectly with mobile device and desktop. Registration is very easy without any KYC. One of the things I love about the wallet is non custodial wallet, it allows you to control the wallet and the assets in it. Transaction is very easy and fast on the wallet. You have the opportunity to choose the transaction fee having it in mind that the higher the transaction fee the faster the transaction will be. If you are looking for wallet that supports wide range of cryptocurrencies this wallet is the one of the wallet you can make use. The transaction on the wallet can not be tracked by anybody which in my opinion contributed to the security of the wallet. I have no issue with the wallet, I recommended it



Pros
  • Easy to use wallet,
  • It is Multicurrency cryptocurrency wallet
  • It has over a million users all over the world
  • It supports mobile device
  • The wallet has inbuilt exchange
  • It has frequently asked questions that can help to be familiar with the wallet
  • Transaction is fast
  • If your device got lost it is very easy to get the wallet back with the seeds words
Cons
  • The wallet is not an open source wallet.
  • It is a hot wallet which is very risky to store large amount of digital currency because of security issues.

Comments (1)

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October 02, 2020
Coinomi wallet is one of my first wallet in crypto world. Though i did not store large amount of digital asset on it, i must confess that everything about the wallet feature is amazing. The only i should have love the developer behind the wallet to do is to make it an open source.

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