While the cryptocurrency markets have gained popularity among individuals who value technology, innovation and the notion of decentralization, very little improvements have been made to the actual storage of cryptocurrencies.
Hardware wallets have been mainly used to ensure confidence in crypto fanatics as the best storage solution against hacks and thefts. However, many questioned its convenience, as it still required consumers to connect the USB to a PC. This is about to change with the new CoolWallet S by CoolBitX, which emphasizes greatly on convenience and supports those who prefer storing their cryptocurrencies through their mobile devices.
Here is a quick look at what the CoolWallet S is and its uniqueness:
What is the CoolWallet S?
CoolBitX’s CoolWallet S is a mobile cold storage hardware device that supports the likes of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], Bitcoin Cash [BCH] and other ERC20-backed coins. Not only is convenience highlighted in this wallet, but so is security. The wallet allows one to instantly store and send their digital assets as they wish – that is, regardless of to whom, when and where.
What features make CoolWallet S unique?
Hardware Wallet Design
Unlike the USB design most standard hardware wallets have, the CoolWallet S is a simple card that can be easily placed into a cardholder. Its slim and light design is what makes it a hands-on, wireless and convenient experience.
While the mobile cold storage might take on the design of a typical card, it has been made in such a way that brings very little damage to it. It is supposedly flexible, sturdy, waterproof, weather and temperature resistant and much more.
The sending and storing of cryptocurrencies can be done through Bluetooth technology, which saves one time from having to rely on a PC of sorts.
Privacy, Control and Security
The CoolWallet S’ ability to give consumers control over their digital assets has been made possible through its use of an EAL5+ certified Secure Element microchip, which has been unmistakeably preferred within this respective industry.
In a society that focuses solely on time and cost-saving along with convenience, CoolBitX has managed to create an innovative hardware wallet. Its design is also commendable, as majority of consumers carry cards for payment methods, making the addition of another card of great ease.
As for the price of the wallet, consumers have between two choices, which are the CoolWallet S and the CoolWallet S Duo. The former costs approximately NT$5600 (approximately USD$189), while the latter costs NT$8800 (approximately USD$299).
For more information, go to: https://coolwallet.io