Ease of use
Coolwallet is a hierarchical deterministic wallet that allows you to sync up your phone with a credit card looking hardware wallet.
The wallet is quite difficult to set up involving multiple steps to do a check for backing up your access codes to the wallet. All in all a relatively long winded process to set up the wallet. But with poor ease of use generally comes better security as is the case here.
CoolWalllet is an SPV validated smartphone wallet with medium level anonymity and can be synced with a hard wallet. It currently only supports Bitcoin, Ethereum, Litecoin, and Ripple. It provides services like Hierarchical Deterministic, 2 Factor Authentication and is open source but lacks the Multi-Signature feature. The owner has full control over their private keys. It is really difficult to set up the wallet with numerous steps to confirm your backup which is a long process but as it is harder to use the security along with is much better as compared to the other wallets.
User ReviewWrite review 1 reviews
This wallet is for the people looking for a well secured smartphone wallet for mainly bitcoin and ethereum for a long term and be tension free about their money. Litecoin and ripple also are supported which just makes the wallet more appealing for storing these four cryptocurrencies.
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