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CoolWallet

3.6 Follow

Validation

Anonymity

Ease of use

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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. 

Expert Review

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3.6 out of 5

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 Review

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Indj109 april 2018, 10:45

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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