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Ibadan
3 Level
97 Review
16 Karma

Review on CoolWallet by Flourish Titilope (Abesther)

Revainrating 4 out of 5

CoolWallet- An authentic hardware mobile wallet

CoolWallet is a hardware mobile wallet that looks and feels like a credit card and can be put in your wallet. CoolWallet is a hardware wallet that focuses on the combination of security and portability. The wallet uses a unique credit card design and is specifically controlled by a mobile application via a Bluetooth connection. It is clean and easy to use, the supported cryptocurrency options continue to increase, and an integrated exchange. CoolWallet was founded by CoolBitx, a Taiwanese company founded in 2014. CoolBitx was founded by Michael Ou, with the goal of creating the world's best mobile digital asset wallet. The company was founded a week before the infamous US$450 million Mt.Gox gimmick, after Michael Ou learned that creating a secure cryptocurrency wallet was a top priority. CoolWallet follows closely in 2019, a mobile hardware wallet that can store more coin options with higher performance and profitability. The CoolWallet hardware wallet is immediately convincing. It's really the size of a credit card, with a neat built-in display and buttons.



The screen is an important feature because it is possible that sensitive information will not be displayed on your phone. It also resists CoolWallet and only transmits irrelevant transaction information. Even in the unlikely event of a Bluetooth encryption leak, the private key (as you know, it is a security element) and any other sensitive information will not be leaked. The initial backup phrase is set by phone or directly on the card to increase security. It is very easy to scroll the screen in the wallet itself. The wallet is managed by the app, so its function is very important. The form has three main tabs: Wallet, Receive, and Exchange.

img 1 attached to CoolWallet review by Flourish Titilope (Abesther)
img 2 attached to CoolWallet review by Flourish Titilope (Abesther)
img 3 attached to CoolWallet review by Flourish Titilope (Abesther)



Pros
  • It is waterproof
  • The wallet is portable
  • It supports a 2-factor authentication
Cons
  • It offers only one product
  • It is not friendly at all