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Wednesday, 3 January 2018

Coinomi: Free multi-cryptocurrency wallet- Review

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Coinomi is free Secure Open-Source Multi cryptocurrency Wallet for Bitcoin and Altcoins.





coinomi support over 60+ altcoins including the likes bitcoin, litecoin, bitcoin cash, dash, ethereum, dogecoin and more. Check the updated list of supported coin see here


GETTING STARTED

To get access to coinomi wallet vist the official page click here You will be asked to download coinomi app for iOS and android so as to complete signup.
Click here or search for coinomi play store.

After successful download open the app.



As a new and first time user of the wallet you'll need to create a new wallet using the Coinomi app just“Click / tap the new wallet” button.


Next you will see a pop up message showing your recovery phrase code for your wallet.
Note down the phrase and keep it safe.
You may need it in recover your wallet.



Incase you lose your coin your recovery phrase is your private key to retrieving your lost coin and account.

After completing signup to add coin option your wallet. Click the red horizontal bars on the top left and Click the +Coins option.



There you will find different altcoin pick your choose of cryptocurrency. You can send and receive coin on your wallet.

Image credit:darknetmarkets


Note : Outgoing transactions require a transaction fee which goes to the miners of each coin, not to coinomi. coinomi default transaction fee is charged per kilobyte of transaction fee.


HERE'S WHY YOU SHOULD USE COINOMI.

• Coinomi is Free Secure Source-Available Multi-Coin Multi-Asset HD Wallet for Bitcoin Altcoins and Tokens.

• Multi-Coin & Multi-Asset: Native support for bitcoin and most major altcoins and tokens. Continuous integration of key altcoins and tokens.

• Superb Security: Your private keys never leave your device. Strong wallet encryption and cryptography guarantee that your funds will remain safe under your ultimate control.

• Enhanced Privacy & Anonymity: No KYC bureaucracy to access your funds, no IP association, no identity linking, no transactions tracking. Our servers anonymize your requests by hiding your IP address from prying eyes.

•Exchange available: Convert between altcoins instantly from within the app, through our strategic partners, ShapeShift and Changelly.

• One-time Backup: you keep everything accessible and secure with just one super-passphrase which you only have to back-up once and for all.

•Source Available & Transparent: An earlier version of our code is publicly available for anyone to review.

•Streamlined & User Friendly: Advanced technology enables you to use your altcoins to pay directly to bitcoin addresses and vice versa. No extra steps, no endless sign-ups/ins. One-click cross-chain payment process.

•Custom and Dynamic Fees: Transaction fees are calculated dynamically, allowing you to get the best value for money at all times. Alternatively, you can use your own fees, in all supported coins.

•Multilingual & HyperLocal: English, Chinese, Russian and many other languages supported, with more translations coming soon.

Culled fromcoinomi official website.

Join us and get free bitcoin and more updates follow Usebtcoin on Twitter @Usebtcoin and on Usebtcoin


Support us by donating to any of this wallets.

Bitcoin address: 13JZkxj9uKcj4gT5wZGB4vwP54BErxcVtx

BitcoinGold:GRMi5pTBXNpNCX7evc2n4HtkxCnKV7EPAV

bitcoin cash: 1NA3f33DMobu3K3CvDgZKUyYS8BNA8otWL

Litecoin: LZ2ncUkFPB1TXSUdLNfD57yCQ7gQh9677s

Ethereum: 0x5575c1b1634f4e73355032a9b0ef8e8877e7dcb0



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