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Cryptocurrency wallets are the most integral part of the crypto industry. Without them, you cannot buy, exchange, or even use your tokens and coins. However, they can also be quite a chore to own and manage, considering you need to remember long recovery phrases and install apps on your phone. So, it’s only natural that users will look for a wallet that can offer everything they need in one place, all wrapped up in the highest possible security protocols.
CoolWallet offers all that and more. Today, we will take a look at what makes this wallet special and whether it is worth getting. Let’s dive in!
What Is CoolWallet?
CoolWallet is the ultimate solution for people looking to store their crypto in a secure yet functional wallet. The company offers two different wallet models, Pro and S. They also sell “Duo” options, which let you buy two wallets at once for a discounted price.
CoolWallet Pro
- Has one of the highest security standards on the market — CC EAL6+
- Offers enhanced 2+1 Factor Authentication as well as biometric and physical 2FA confirmations
- Supports a wide range of cryptocurrencies
- Supports NFTs on OpenSea and Rarible
- Can be used with MetaMask and WalletConnect for an enhanced experience of interacting with dApps, DeFi protocols, and NFTs
CoolWallet S
- High standard of security — the wallet uses a CC EAL5+ certified Secure Element chip, an encrypted military-grade Bluetooth protocol, and even several biometric security checks
- Easy-to-use user-friendly interface
- In-wallet Marketplace with trading features
- WalletConnect and MetaMask integration that supports dApps and DeFi platforms
Pro vs. S
As we have mentioned previously, you can get both of these models together at a discounted price. However, that won’t be necessary for most users.
The Pro version is naturally beefier and pricier than the S model. For example, it supports a wider range of crypto assets: 28 chains and 7 token standards compared to 13 blockchains and 2 standards for the S model. Additionally, CoolWallet Pro also has a more advanced security chip and supports NFTs.
That said, both versions offer all the basic functionality you might need and support most popular cryptocurrencies like BTC, BNB, ERC-20 tokens, and so on. So, if you are a casual user and don’t need all the extra features, the S model would be a great cheaper alternative.
For the full list of tokens supported by each wallet, please visit CoolWallet’s website.
What Makes CoolWallet Unique
The first thing that stands out about CoolWallet is its design, which definitely stays true to its name and looks very cool. Both models of this wallet look like credit cards — thin, sleek, and modern.
The cards are bendable, so you don’t have to worry about accidentally breaking them. They’re also heat- and water-resistant. CoolWallet uses Bluetooth to connect to your devices, so there’s no need for any wires.
However, CoolWallet does not only protect you from external damage: they are also experts at keeping your funds secure. We have already mentioned the security chips they use in their models as well as additional security measures they employ, like biometric checks. To top it all off, they keep up with the latest security breaches and hacks to make sure their users remain protected against any and all threats.
Just like many other crypto wallets, CoolWallet offers in-wallet exchanges and purchases, price charts for stored and other available assets, and more. What sets it apart, however, is its new Market Analysis tool. It provides an extensive overview of not only on-chain data and metrics but also actionable signals that can help you to better understand the crypto market and manage your portfolio.
CoolWallet is a great tool for storing and managing your crypto, but there are a few things you need to keep in mind. First of all, you need to charge it. Both Pro and S models can last for up to 2 weeks of regular use (2 transactions per day) or 3 months on standby. The charging station is bundled with the wallet and doesn’t have to be purchased separately.
Secondly, while both wallet models have interfaces, you will need to connect your device to a mobile phone app to get full access to all features. However, the connection process is easy and doesn’t take much time, so it shouldn’t be much of a hassle.
Overall, CoolWallet is an exceptional solution for storing your crypto in a safe place while having easy, on-the-go access to your funds. Its in-wallet exchanges are powered by Changelly, so you can always get great rates and fair fees without having to leave the app.
You can get CoolWallet on its official website or at one of its retail partners, like Amazon US or BTC Direct.
You also have a chance to get a CoolWallet Pro for free by participating in our giveaway! Go here to see the details. (Spoiler alert: All you have to do is solve a tiny crossword puzzle!)
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.