CoolWallet Review

CoolWallet S – Sophisticated Security

As we all know by now, the security of your crypto assets has the highest priority! CoolWallet is a cold storage device. By far, the best storage solution for your Cryptocurrencies is in a cold storage wallet.

A cold storage wallet is an offline storage device, where you store your Bitcoin and other Cryptocurrency’s private keys, completely isolated from any Internet connection. With a CoolWallet S, you can be sure that your assets are secure!

While cold storage devices are a bit more expensive than other Bitcoin wallets, they offer the most secure method of securing and storing your Crypto assets and they boast the highest degree of functionality.

CoolWallet S is the only waterproof, tamper-proof, impact resistant, and heat/cold resistant wallet. it is perfect for longterm cryptocurrency holding and storage.

CoolWallet Currency Support

   
CoolWallet currently supports fewer currencies than other wallets on the market. At the time of writing, CoolWallet supports the following Cryptocurrencies:

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Ripple
• ERC20 Token

If you are trading with other cryptocurrencies/altcoins, you might want to look into a Ledger Nano S Wallet or a Trezor Wallet. Ledger and Trezor, both cover hundreds of Cryptocurrencies. But if you are trading in the mainstream currencies only, you will be very happy with this very cool wallet!

Ease of use

CoolWallet S is sturdy and flexible and not easy to break. Once it is paired with your phone, the CoolWallet is very easy to use. Pairing and transactions happen wirelessly via a secure Bluetooth connection.

You can now quickly store and send your coins at any time, from any location and you have total end-to-end control over your crypto assets. Send coins and tokens to anyone by simply filling in the “To” line with their address or scan their QR code.

Other than its counterparts Ledger and Trezor, CoolWallet has only one button! One button and a tiny screen on a credit card size wallet can now become your personal new bank!

For detailed information on functionality download the complete User Manual here.

Mobile Wallet App

Once you got your wallet, you need to Download the CoolWallet App and install it on your phone.

The setup is easy and straightforward. Strong protocols prevent privacy and security exposures.

The advanced pairing sequence has 8 digits. Use the QR code to the left to download the App directly to your phone.

 

Backup and Restore

Together with your CoolWallet S, you get a seed recovery card in paper form. Use this card to backup your seed. The CoolWallet seed can be 12, 18 or 24 sets long. For security reasons it is highly recommended that you use all 24 sets of numbers. If you lose your card or it gets stolen or damaged, you can still easily recover your coins or tokens.

CoolWallet works with a number-based seed as an extra layer of defence. Nevertheless, avoid storing your seed in any digital form such as on excel, cloud services, an email, text, or even in encrypted files.

CoolBitX developed the “seed number sum protocol” to assist with the accurate recording of seeds. You still have to be careful though, to write down the correct numbers and not make any mistakes. If you make a mistake, your crypto assets may not be recoverable in case you lose your wallet. Double check the numbers and the sum!

Store your recovery card in a safe place! If you lose your recovery card or it gets damaged or lost, you will not be able to recover your funds!

To recover your card, enter the sequence of number sets from your previous card when starting up your new wallet for the first time. The recovery will take not much longer than a minute!

CoolWallet Price

The price of CoolWallet S has come down to the same price as Ledger and Trezor wallets. You can get it for only $99 right now by clicking on the banner below. Beware not to buy any hardware wallet on open marketplaces like eBay! You can never be sure if the device has been tampered with. Only buy at the original store!