Review on CoolWallet S by Sergio Daniel Delgado
Coolwallet S is a...
Coolwallet S is a hierarchical deterministic wallet that allows users to sync up their mobile device with a credit card looking hardware wallet.
The wallet is fairly easy and fast to set up compared to other hardware wallets, initial setup takes roughly 5 minutes. Sending process is also relatively easy, it takes only 1-2 minutes to finish a transaction (excluding confirmation time). The CoolWallet S manages to provide the same level of security with a better user experience for day-to-day cryptocurrency users.
Pros
- Cold Storage - Store Your Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and ERC20 Tokens with a Common Criteria EAL5+ certified Secure Element Microchip
- Mobility - Take Your Investments Further with the Mobile Hardware Wallet Made for your iPhone and Android.
- Encrypted Bluetooth - No More Clunky and Confusing USBs. 100% Wireless via Encrypted Bluetooth.
- The wallet is flexible, sturdy, light-weight, with protections against misplacement.
- Crypto to crypto swap;
- Address legitimacy validation.
- Crypto to crypto swap by Changelly
Cons
- Open Source and Multi-Signature
