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Revainrating 5 out of 5

The Best Mobile Wallet Available

I have been using coinomi for more than a year in my Android Mobile Phone. Used for may transactions. I may say it is the best among the available wallets for android mobile phones.

Pros
  • very secure
  • easy to use
  • enables multi wallet for same coin
Cons
  • cannot create wallet for some popular coins

Revainrating 4 out of 5

Complete Review of Coinomi Wallet.

Coinomi wallet is the only one wallet that supports more than 125 blockchain coins and 1500+ coins and tokens. Coinomi wallet is great wallet for daily usage. I personally use coinomi wallet and i will no face any major problem in coinomi wallet. Coinomi wallet is very secure wallet for mobile and PC user. Coinomi wallet provides many different features to users like in-built crypto exchange where user can securely exchange their coins and tokens without transferring their funds to any third…

Pros
  • Coinomi is one of the secure and powerful wallet for mobile and pc devices. Still no-one complained about its security.
  • Coinomi is only one wallet that supports more than 125 blockchain coins and 1500+ ethereum based ERC20 tokens.
  • Coinomi wallet is very anonymous wallet because it does not track IP address and identity linking.
  • You can trade or exchange your coins or tokens by its in-built exchange feature.
  • You can manage all of your coins with just one seed by coinomi wallet and create multiple adresses on 1 seed.
  • Coinomi wallet has user-friendly interface and any new user can use it very easily.
Cons
  • Coinomi doesn't support buy cryptocurrency with fiat or credit/debit cards feature.
  • Recently some codes of coinomi wallet are accessible to public but some of them are private.
  • Coinomi wallet is hot wallet and storing all funds on hot wallet is very risky and coinomi is not secure as hardware wallets.
  • Coinomi wallet PC version does not supports any tokens. its only supports blockchain coins. ( maybe it comes in future updates )

Revainrating 4 out of 5

Coinomi is good with a massive number of good functions

Coinomi is almost a perfect wallet product with very minor drawbacks and so many big advantages to talk about. If you want a wallet with superb security, a wide range of available blockchains, great customers service, cold stake, or seamless design, Coinomi is the best choice that will satisfy your needs. I think this will be on the top of my favorite wallet list

Pros
  • - Registration is fast and simple if your are a careful person. It will ask you to record your seed phrases, so prepare some paper sheets or another device
  • - Although published five years ago, Coinomi is trusted by million users around the world and has been acted as the one of the safest mobile wallet for digital assets. There is no single wallet that was hacked since its first appearance
  • - Another point that makes Coinomi the favorite wallet for many people is that it pertains users privacy. The wallet does not require users to provide it with their personal and sensitive information. Additionally, Coinomi hides users IP addresses from other parties so there is no chance that the information of transactions of users can be tracked and recorded. The password and seed phrases for this app are used to access the digital assets so it is impossible for the hackers to hijack the wallet without having these
  • - The number of blockchains supproted on Coinomi wallet is 125 blockchains and the number keeps growing. I appreciate their efforts to expend the usage of their product to serve a lot of users
  • - Right on the wallet, Shapeshift and Changelly are integrated to help users swap their coins and tokens without using the exchanges
  • - It also partnered with Binance Dex to bring the exchange into the wallet. This is just awesome that it is one among the very few exchanges having this feature
  • - Coinomi let users buy cryptocurrencies via credit cards on their product using the technologies of Simplex
  • - By giving users seed phrases, Coinomi help them recover the wallet on other phones by themselves
  • - It also support the automatic and manual conversion the value of cryptocurrencies into fiat currencies
  • - The user interface is simple and easy enough to use and beautiful enough to give a users very good impressions
  • - Their support is available 24/7 so users can reach them any time if they have any problems with the wallet
  • - It let users cold stake the assets and receive the rewards. Users may love this function very much as they don't have to spend a lot of money on energy to run the wallet 24/7
Cons
  • - It does not support many DApps like other wallet, but I think they should as this feature is very good making the wallet become a small ecosystem
  • - There are a lot of competitors right now who also have a huge number of active users and very good ways to incentivize them
  • - The project is currently close-sourced so some people are afraid of its transparency

Revainrating 4 out of 5

Review of Coinomi wallet

I like this wallet because it is easy to use, it is safe and reliable, it has a mobile and desktop application, which makes it easy to use at any time and in any situation. It has support for a good amount of coins and uses the most common, stable and higher value as bitcoin and Ethereum. It also supports a good number of Ethereum tokens. Its graphic aspect in the desktop version is very careful and original, I like it. Also the commissions are not usually expensive. It has been useful for the

Pros
  • My favourite thing about Coinomi is its ability to sweep other wallets to collect hard forked coins from it.
  • Using Coinomi I have successfully claimed a whole host of coins from my bitcoins I have collected, including bitcoin cash, gold, diamond, platinum, pizza, private, plus, Z, core and more. This sort of coin diversity is seldom seen with other wallets.
  • It is open source, a huge plus in the crypto sphere
  • Built in shapeshift and investment opportunities means that not only can you accept crypto, you can also transfer and trade it in order to further your return from your business.
  • If you get good at day trading, or just get a nack for analysing trends and forcasts, you can turn your money from customers into significantly more just with a few clicks. Personally I don't have the time for this, but if and when I can I will for sure.
Cons
  • I don't like the idea of private keys being stored on my mobile. I understand that one has more control over them, but they are not stored in the mobile or PC, and this can become a security flaw in the future. It is ideal for storing cryptocurrencies but can not be acquired as it happens in other wallets
  • Coinomi has been in the game since the beginning and is arguably the most trusted in the business, so my concern is probably mere paranoia.

Revainrating 4 out of 5

Coinomi

Coinomi wallet is best and strong crypto coins wallet where we can store almost all cryptocurrencies safely. Coinomi wallet provides benefits like it can gives unlimited wallets to recieve and sending funds privately and it also for all coins. Coinomi wallet provide services of mobile wallet and PC wallet. Mobile wallet is great because it supports all blockchains coins and all blockchain tokens. but PC version only supports coins, not tokens. Coinomi wallet has in wallet exchange. We cn…

Pros
  • Cominomi wallet is my best coins wallet because it supports all coins of the market ( except some coins)
  • I like its interface because its vey easy to use and all are mentioned inproper places.
  • Coinomi wallet is very powerful wallet because it can create unlimited wallets just with 1 seed word and any coin.
  • Coinomi wallet has both mobile wallet and Desktop wallet.
Cons
  • Coinomi wallet Desktop version is not fully working because it doesnot supports Tokens.
  • Exporting private keys from Coinomi wallet is very complicated and it redirects to external link.

Revainrating 4 out of 5

Coinomi Cryptocurrency Wallet

I use coinomi wallet since 3 years in my mobile and i will not face any major problem in coinomi mobile app. its works very smoothly, very easy to understand and supports almost all major cryptocurrencies in one wallet and one seed. Coinomi wallet has extra features that most of wallets does not provides. Coinomi offers shapeshift and changelly exchange feature in wallet where we can easily convert our bitcoins or any coins with any coins instantly and without sending our funds out of wallet.

Pros
  • Supporting multiple cryptocurrencies is one of best feature of Coinomi wallet.
  • Coinomi wallet supports 110+ various blockchain based cryptocurrencies an1500+ tokens.d
  • Coinomi wallet offers great features in wallet like user can adjust transaction fees as they want transaction speed.
  • User can exchange their cryptocurrencies or tokens within the Coinomi wallet by shapeshift or changelly exchange feature.
  • Coinomi wallet offers Buy (Credit Card) feature in wallet where user can buy cryptocurrencies using their credit card very easily by Simplex.
  • Coinomi supports BinanceChain and also we can use Binance DEX using coinomi wallet securely.
Cons
  • Coinomi wallet is not fully secure wallet. recently some news clears that clipboard hijacking happens on coinomi mobile wallet.
  • Coimoni wallet Desktop version does allow to add ERC20 tokens .
  • Exporting private keys from coinomi is very complicated and it redirects to website for extracting private keys which is risky.

Revainrating 4 out of 5

Quite amazing mobile wallet

Many software and mobile wallets don’t offer high levels of security. But this is not the case with Coinomi. Your private keys are saved on your mobile device and not on any online servers. Your confidential information is always with you and never on their servers. This kind of control over your keys and funds is important to protect your assets. Coinomi uses strong cryptographic encryption to protect your wallet from any outside attacks. The transactions are anonymous and identity isn’t…

Pros
  • Good security and privacy infrastructure unlike other mobile wallets
  • You can exchange cryptocurrency fast with their ShapeShift and Changelly integration
  • You retain control of your private keys as they are stored on your mobile
  • Even when your mobile is lost or stolen, nobody can access your account without your password
  • After loss of wallet or mobile device, you can use the recovery seed phrase (that you need to remember and keep safe) to recover your wallet on a new device
  • You can send altcoin currency to bitcoin addresses. Cross chain transactions are possible
  • Good customer support
  • As mentioned on their homepage: no Coinomi wallet has ever been hacked
  • Hierarchical Deterministic wallet can recover all your private keys with just one master seed key
Cons
  • You can’t purchase cryptocurrency using fiat currency with the Coinomi app
  • It is not open source (although they have an earlier version of the source code available), but this is done for security reasons which is a reasonable tradeoff.

Revainrating 4 out of 5

Coinomi the all coin supporter

Coinomi is a vastly popular cryptocurrency wallet with a robust design and strong selling points. It beats most other crypto wallets like jaxx, exodus and many others Coinomi is a Hierarchical Deterministic (HD) wallet. Essentially, the HD algorithm is what generates the seed for every wallet. The seed refers to a protective phrase, unique for each user. Each one is generated after 100,000 rounds of SHA256, making it virtually unbreakable. This seed phrase appears in the form of a series of…

Pros
  • High security features e.g. HD algorithms and IP masking
  • Private keys stored on users’ mobile devices
  • Integration with ShapeShift and Changelly exchanges for crypto trading
  • Does not charge any fees
Cons
  • Not regulated also Code is not open source
  • In spite of Coinomi wallet compatibility with numerous cryptos, it does not support fiat currency, meaning you cannot buy crypto directly using fiat
  • Though Coinomi does not charge fees, it provides trading via third-party platforms which do not necessarily provide the best value in the crypto industry with regards to trading
  • Being a mobile wallet, it is inherently insecure and open to malicious attacks

If you’re looking for a mobile wallet that’s fast, easy to use, and supports a wide variety of altcoins, the Coinomi wallet is worth consideration. With Coinomi, you can start storing bitcoin, ether and other digital assets on your Android phone with just a few clicks.

Pros
  • Multi-coin & multi-asset: Native support for bitcoin and most major altcoins and tokens. Continuous integration of key altcoins and tokens. Highest levels of diligence are applied to coin selection and addition. Superb Security: Your private keys never leave your device. Strong wallet encryption and cryptography guarantee that your funds will remain safe under your ultimate control. Enhanced Privacy & Anonymity: No KYC bureaucracy to access your funds, no IP association, no identity linking, no transactions tracking. Our servers anonymize your requests by hiding your IP from prying eyes. Exchanges & Services Built-in: Convert between assets instantly from within the app, through our strategic partners ShapeShift and Changelly. Buy major cryptocurrencies using your Credit Card, through our partner Simplex. Privacy is assured, with transaction speeds better than industry norms. Native SegWit: Enjoy faster confirmations and lower fees for Bitcoin, Litecoin, and many other cryptocurrencies. Switch dynamically between Bech32, P2SH, and legacy modes. One-time Backup: Hierarchical Deterministic approach (BIP44) enables you to keep everything accessible and secure with just one super-passphrase which you only have to back-up once and for all. Streamlined UX: Advanced technology enables you to use your altcoins to pay directly to bitcoin addresses and vice versa. No extra steps, no endless sign-ups/ins. One-click cross-chain payments. Custom & Dynamic fees: Transaction fees are calculated dynamically, allowing you to get the best value for money at all times. Alternatively, you can set and use your own fees, in all supported coins. Lightweight & Community Driven: Top engineered, runs smoothly even in older, low-spec devices. Reduced power consumption and data usage. No need to download huge blockchain files locally. New features are constantly crowdsourced. Multilingual & HyperLocal: Support for 25 languages, with more constantly being added and updated through the help of the community. Cross-platform availability: Coinomi has evolved its mobile app to fully support both iOS and Android; and now with the recent addition of its desktop version, wallet access & control is even more convenient. 24/7 customer support: Hands on support with one of the best response time in the industry.
Cons
  • You can’t buy cryptocurrencies directly with fiat through the Coinomi app. At the beginning of 2018, Coinomi was only available for Android phones. Some of Coinomi’s code is accessible to the public as open source, but parts of it are kept private.

in general the wallet is good, I use it a long time and I will continue using, I believe it will have new functions and new coins

Pros
  • pioneer in portfolio intuitive designer many encryption options desktop version token erc20 accepts exchange function we control the private keys
Cons
  • should support more coins, made some airdrops and never paid, does not have a very active presence in social networks

I will be using it on my desktop for years. It saves me a lot of time, is super fast and you can exchange with Swiftly inside the app.

Pros
  • The first wallet app I ever used, still using it! * Top coins added * Supports Etherum tokens * Can generate your own tokens (eth) * Desktop version * Real company * Free to use * Focusing hard on security
Cons
  • They are not adding enough coins into the wallet, as I see it, there is large potentional for this wallet to become even bigger with the time. Not using their social medias as much as they could.

Coinomi wallet never ever been hacked. I consider one of the best crypto wallet in the Market

Pros
  • This wallet is excellent! Securely store your cryptocoins. You can manage a great number of blockchain assets. Available for IOS, WINDOWS, LINUX, macOS. Coinomi was created in 2014. It is the oldest multi-asset wallet available. Millions of active users. Readable in 25 languages. Support for ShapeShift & Changelly
Cons
  • The interface could be more well developed and I think would be important to have price graph showing the variation of the assets