TrustRadius Insights
Versatile Wallet: Many reviewers have praised Coinomi for its versatility and support of a wide variety of cryptocurrencies. Users find it …
Overview
What is Coinomi?
Coinomi is a multi-chain, defi-ready, cross-platform wallet for bitcoin, altcoins & tokens. The vendor boasts it has never been hacked, and has millions of users.
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What is Coinomi?
Coinomi is a multi-chain, defi-ready, cross-platform wallet for bitcoin, altcoins & tokens. The vendor boasts it has never been hacked, and has millions of users.
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.coinomi.com/en/downloads
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Demos
FIO Protocol Demo - Request from Bread Wallet to Coinomi Wallet
YouTube
Product Details
- About
- Tech Details
What is Coinomi?
Coinomi Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Comparisons
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Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Pros
- Cons
- Recommendations
Versatile Wallet: Many reviewers have praised Coinomi for its versatility and support of a wide variety of cryptocurrencies. Users find it easy to navigate the minimalistic and straightforward interface, which allows them to quickly find what they need. The ability to store multiple cryptocurrencies, including all ERC20 tokens, in one place is another major advantage.
Responsive Customer Service: Several users have appreciated Coinomi's highly responsive and helpful customer service team. This is particularly important in the unpredictable world of cryptocurrency where quick support can be crucial for resolving issues in a timely manner.
Sweeping Other Wallets: A significant number of reviewers found Coinomi's ability to sweep other wallets and collect hard forked coins to be a major selling point. This feature is seldom seen with other wallets and allowed users to easily collect a wide variety of coins and tokens, including bitcoin gold, diamond, platinum, pizza, private, plus Z core and more.
Lack of Transparency: Some users have expressed concerns over Coinomi's closed source nature and potential security risks, leading to a lack of transparency in the software. The exact number of users who share this sentiment is unclear.
Clunky Mobile Version: Several users have found the mobile version of Coinomi to be clunky and difficult to navigate between pages. This has been reiterated by a significant number of reviewers.
Confusing Sign-Up Process: A considerable number of users have reported confusion during the sign-up process for Coinomi, particularly in regards to which recovery statement to save and where to input it.
Users have provided several recommendations for Coinomi based on their experiences with the wallet.
Many users recommend becoming familiar with cryptocurrencies and starting to use Coinomi. They believe that Coinomi is one of the best wallets available and suggest that individuals should take advantage of its features.
Another common recommendation is to take the time to learn the features of Coinomi. Users emphasize the importance of understanding how the wallet works, including its multiple coins and ERC20 token support.
Additionally, users suggest using Coinomi as a cryptocurrency wallet. They believe it is one of the best options they have found so far, particularly because it supports multiple coins and ERC20 tokens.
Overall, users highlight Coinomi as a reliable choice for managing cryptocurrencies and appreciate its extensive features.