Even though cryptocurrency investments offer exciting profit opportunities, many people just don't have the risk tolerance to handle high volatility, numerous theft cases, computer code bugs, and human errors. It means that we need a more natural and safer way of acquiring and owning cryptocurrencies. Cold Storage Coins aims to provide that.
Launched in February 2018, Cold Storage Coins are cutting-edge technology that store digital currency with remarkable levels of security and accessibility. The Copper, Silver and Gold coins mitigate common risks associated with storing cryptocurrencies, and make buying and trading effortless, for everyone.
“Bitcoin and cryptocurrency is an exciting concept. There is a whole world to explore, but finding an easy entry point is really difficult. Did you download the right wallet, did you get online with the right exchange, how long did it take for the exchange to process your paperwork. Now you've got a Bitcoin in hand. Something you can hold instantly. There is nothing else to it,” Cold Storage Coins's CEO Rob Gray explains.
While online hot wallets can be hacked, Cold Storage Coins are offline and hack-proof. And unlike paper wallets, Cold Storage Coins are made from noble metals, making them flood and corrosion-proof, house-fire safe & inherently valuable. Even in a crypto-apocalypse, Cold Storage Coin owners still have something to hold.
Additionally, when someone loses their private key, they lose their entire crypto stash. It happens often; an estimated 25% of all Bitcoin issued to date is inaccessible due to lost keys. But Cold Storage Coins are laser etched with private keys, guaranteed to retain the data through floods & house fires. And being made from metal, Cold Storage Coins are less likely to be thrown away like paper or defunct computer hardware. And unlike digital storage devices, they’re safe from the inevitable computer and electronic malfunction.
As for ease of use, each coin is also laser etched with a unique QR code. Buying & selling are as simple as scanning with your mobile device. Everything is tamper-proof, foil sealed by the global leaders in banknote security. For investments, for the tech-savvy and computer novice, Cold Storage Coins are the easiest way to own bitcoin.
Currently, the Cold Storage Coin is available for a limited number of digital currencies, including Bitcoin, Ethereum, Litecoin and Bitcoin Cash. It can be ordered online from the project's website. However, according to Rob Gray, the company plans to have it on the shelves of retail stores all over the world by 2018 Christ.