Since the advent of Bitcoin in 2009, cryptocurrency has gained popularity. More individuals, businesses are using cryptocurrency as a means of payment and many individuals are now trading cryptocurrency. For an investor to make safe use of the cryptocurrency platform, he has to be well equipped with the right digital wallet for storage. The Coolbitx Cool wallet provides that safe avenue for cryptocurrency storage.
COOLBITX COOLWALLET
The COOLWALLET was developed by a Taiwan based company, COOLBITX technology in 2014. This is a Bitcoin wallet on its own that stores cryptocurrency offline as it is not always safe online. It is a high technology hardware wallet that is smart-card based. The Bluetooth technology or near field communication helps to connect the COOLWALLET to a computer or other devices. It is the first wireless hardware wallet as other hardware devices such as TREVOR and Ledger Nano S requires a USB cable to be connected. The Cool wallet connects easily to any Bluetooth enabled device and fits snugly into the device. The decentralized blockchain is not fully secured as users run the risk of being hacked, encountering malware’s and losing their money. Cool wallet enables users to carry out transactions anywhere they are by just slipping the simple electronic card into their wallets.
Do you know the best part pf Cool wallet? It is not limited to just storing of cryptocurrency but it can be used as a utility card. Medical records, passwords, identity numbers and bank details can also be stored on the Cool wallet.
The coolwallet is bought from the company and the Bitcoin will be bought and/ transferred to the offline wallet for safe keeping. It is an ARM- based technology that offers protection against hackers and malware’s. The cryptocurrency in the COOLWALLET will not be lost but can be recovered if users lose their wallets.
UNIQUE FEATURES OF COOLWALLET
• The Cool wallet S is immune to computer malware and cannot be hacked easily.
• The 2 FA Authentication feature of the Wallet ensures good security
• A display screen shows all the numbers.
• The Cool wallet S can be connected to multiple PC and mobile devices.
• It can easily be carried about since it’s the size of a credit card and fits into the pocket.
• The electronic wallet is easily rechargeable and the battery lasts upto 2 years.
• The wallet supports different coins like Bitcoin, Etherum, Litecoin and Ripples.
• The control button on the card enables easy navigation through the features.
• Cool wallet S is not connected to the Internet and only sends signed transactions to the mobile phone.
Cool wallet S gives the best security for digital coins as the manufacturers went a notch higher than other hardware manufacturers to ensure adequate safety. The System does not store users information. Any transaction done on it is entirely private and only the user has ultimate access and can’t be accessed by the company.
HOW TO SETUP THE COOLWALLET S
To successfully set up the COOLWALLET S, follow these simple procedures-
• Turn the Bluetooth or your device (PC and/or mobile device) on.
• Launch the downloaded app and turn on the coolwallet.
• Type in the One time password (OTP) shown on the screen and pair the devices.
• Once paired, generate and backup seed.
Sending and receiving payments can easily be done with the coolwallet by simply creating new address on the receive or send page and scamming the QR code. Tap on the receive payment or send payment and enter the amount then send . Easy right!
In Conclusion, Cool wallet can be said to be the future of digital offline storage. It is a safe place to store your digital coins. It is advised to go for Cool wallet S. It is the best for you.
For more In on Coolbitx Coolwallet, visit
Website (must include)
https://coolwallet.io
Telegram
https://t.me/CoolWalletS
Facebook
https://www.facebook.com/coolwallet/
Twitter
https://twitter.com/coolwallet
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