Review on Coinomi by David Olayide
The Coinomi Revelations
Coinomi is one among several virtual cryptocurrency wallets that supports the cold storage of digital coins tokens and cryptocurrencies. Coinomi is a particularly popular and well-known wallet used by a lot of merchants and traders of cryptocurrencies today. The Coinomi wallet allows you as a user to send and receive way over one hundred different coins and tokens through a versatile application that can be used on both mobile and desktop devices android and IOS included.
It is quite possible for you as a merchant or trader to make use of the app to exchange your cryptocurrencies and tokens without going to third-party exchange platforms. To make things even easier merchants can buy bitcoin, litecoin and other cryptocurrencies with their credit card. Coinomi supports a host of cryptocurrencies and blockchains some of which include Bitcoin Bitcoin cash, ripple, Ethereum, dash, Dogecoin and Litecoin. There is also provision for a reduction in transaction fees allowing you to set custom transfer fees for yourself. Sending of Bitcoin or LTC is especially fast and uncomplicated. The wallet is not open source though.
The wallets mobile application can be downloaded on the internet or on Google play for both Android and iOS devices. It has a user interface design which is simple and easy to use. This really simplifies the trading process and also attracts both new and seasoned traders.
Pros
- Good support team
- Easy to use design and interface
- Lots of supported coins
- Exchange platforms available right on the app
- In app crypto purchase
Cons
- Not Open Source
