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Cobo wallet v2.9 is launched, added support for Decred (DCR) and Tether (USDT). Wednesday, October 3

03 october 2018, 18:23 by Jesús S. Affigne

Cobo wallet v2.9 is launched, added support for Decred (DCR) and Tether (USDT)

Other features were also added to this release

Cobo, the blockchain-based startup that created the Cobo wallet, has rolled out the latest version of its wallet and now supports two more cryptocurrencies, these being the autonomous digital currency Decred (DCR) and the popular, USD-pegged stablecoin Tether (USDT). The announcement was made via Cobo’s official Twitter account. 

“Have you downloaded the latest version of Cobo Wallet yet? We have launched new features for you to enjoy in your favorite wallet,” reads their tweet.

The news was celebrated by the Decred project, posting a similar tweet about it. “We're pleased to announce that #Decred support has been added to @cobo_official #cryptocurrency wallet for #Android and #iOS . And stay tuned for a surprise feature announcement for this wallet in the near future...”

Two new assets, five new features

According to the changelog of this multi-crypto wallet, besides adding full support for DCR and USDT on their Cloud Wallet, they have also added PIN codes for security improvement; have enabled access to private keys from on Hierarchical Deterministic (HD) wallets, and added automatic Know-Your-Customer for global customers. Other minor improvements were made to their “Add Coin” feature, and the overall UI/UX.

About Cobo

Cobo describes itself as “A trusted Proof of Stake investment vehicle”. They claim to be the first cryptocurrency wallet pioneering the inclusion of the aforementioned consensus algorithm along with masternode pooling, thus allowing users to store, use and invest in digital assets, all from a single app.

Their solution has two different types of wallets: Cloud and HD wallet. The first one is oriented to newcomers in the crypto ecosystem, as well as for the casual user, simplifying the use of digital currencies. The second one is more for the experienced user, granting them full control over their private keys and enabling them to import their mnemonic seeds from external wallets.

One interesting feature of this wallet is its PoS Cloud Pool Staking, in which users can stake Dash, LBTC, XZC and VET on cobo’s pool to earn up to 200% in dividends per annum. Aditionally, the wallet supports decentralized applications (Dapps), as well as EOS and Tron voting.

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