Review on Coinomi by Tosin Temitope
COINOMI WALLET ON OF THE TRUSTED WALLET
This cryptocurrency multiwallet is one of the best wallet in crypto world. one of the outstanding feature of the wallet is that it support many crytocurrency. The developer usually update the new assets on the platform. I am new in crypto world but the wallet is so simple, i had no issue on registration or making transaction on wallet. it surports hundreds of coins.
Supports Mobile Device : This wallet supports Andriod and iOS, tis make it very easy for the user of the wallet to access their asset and monitoring it anywhere they go. it also support Windows, Mac, Linux and OS.
You can deposit fiat currency using your debit card with some fee that will be charge. in my opinion the wallet team should think of reduce the charges because it see to litle bit high compare to other cryto wallet. One thing i love about the wallet is that transaction is very fast.
To make use of any wallet, it is important to look at the security of the platform. This wallet is one of the wallet that has no security issue, which make it safe to use. The security control of the wallet also depend on the user, you must not let people gain access to your seed phrase.
The service desk is also up to task, theire was a time i had issue i was quickly attended to withing view hours.
The wallet also as exchange platforrm on it, while this added advantange but at the same time can bring threat to the asset because it will be online for the hacker.
Pros
- It supports Hundreds of crytocurrency
- It has good reputation since it was establish in 2014
- It support mobile devices both Android and iOS which make it to be handle anytime.
- The wallet platform make you to be in total control of your asset in the wallet.
- it is user friendly
- The wallet respect users privacy- no KYC, transaction can not be track to any user
- It suppor deposit fiat currency trugh credit card
Cons
- The wallet is not open source
