Welcome to our CoolWallet news page. Here you'll find some of our featured CoolWallet S content pieces as well as all our latest CoolBitX CoolWallet posts.
CoolWallet S: Mobile Bitcoin Hardware Wallet For Safe Crypto Storage?
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
CoolBitX CoolWallet - Safe Bitcoin Hardware Wallet Storage Card?
An investor has to be well equipped if he wants to be able to use cryptocurrency safely. Unfortunately, there are still many wallets that are not very good for their users. Because of this, if you want to use a good wallet, you need to choose it well.
Our blog’s mission is to help investors find not only the best investments but also the best tools that can help them when they are using cryptocurrency. Today, we are going to review a company called CoolBitX CoolWallet.
What is CoolBitX CoolWallet?
CoolWallet is a Bitcoin wallet that is also literally a wallet. Normally, cryptocurrency wallets only store electronically your coins, but this company wants to do it differently because the company does not believe that it is safe to keep all your cryptocurrency stored online.
Why? Because even the blockchain being decentralized does not completely solves the problem of security. Your account can still be hacked and risk losing your money. To solve this, the company has created Coolwallet, a Bitcoin wallet that stores your cryptocurrency offline in a device that cannot be hacked and thus make it secure for you.
Malware is also another cause that might make people lose their cryptocurrency. More and more of these viruses are appearing online, so you have to be protected from them.
How does Coolwallet work?
Basically, you have to buy the wallet first with the company and then you will be able to transfer the Bitcoin that you buy online for the offline device. This will ensure that your money is really protected. The core of the product has an ARM-based technology to ensure that it is protected from hackers and malware.
This way, your information never really leaves the device, it keeps stored there until the device is using together with a computer.
How to use Coolwallet?
To use Coolwallet, you have to buy the product with the company and then buy and/or transfer your Bitcoin to the new wallet. The wallet works with any device that has bluetooth, so you can use Coolwallet anywhere you want.
Coolwallet combines an app, a credit card with an electronic device that has to be used together with a computer, a smartphone or a tablet to work. The product has a guarantee of 12 months. Using the app you can pay any merchant that deals with Bitcoin anywhere.
If you don’t want to use it anymore, you can delete all of your Bitcoin data from the wallet before selling the product for someone else. To do that you have to use the reset button on the app.
You can save as many Bitcoins as you want in your Coolwallet. Even if you lose the Coolwallet you can still restore your money.
The CoolBitX CoolWallet Verdict
Is this the right product for you? If you are interested in using technology to protect your money, you might be interested in Coolwallet. This product is really secure and it can help you to improve your situation of your money even if you are attacked by hackers.
While maybe this is not the most useful product for people that do not have many Bitcoins or do not use it so much, Coolwallet is a very interesting product for anybody that needs to be protected because it has much money invested in Bitcoins and it will be bad if this money is stolen.
The device seems to work very well and can be a good solution, so feel free to buy Coolwallet if you want to protect your money.