Before buying the cool wallet → read this article and find out if coolwallet is good? How does it work? Learn how to install and configure it. See everything about Coolwallet, how to use it and what it is for? Understand why you need to start storing your digital coins in a safer and more reliable wallet… Tips and the truth that you really need to know is here in this complete step-by-step guide…
What is Coolwallet and how does it work?
Coolwallet launched by CoolBitX Although not as popular, it is the best offline wallet of the latest generation with the highest technology and the finest hardware wallet based on smart cards, which have a design similar to that of a credit card and can connect to a PC, Android, iOS or any device via Bluetooth or Near Field Communication (NFC). No wonder it is called Cool, it's really cool.
In fact, it is the first wireless Bitcoin hardware wallet.
It is also known as a cold storage wallet since you keep your coins offline. As mentioned earlier, keeping digital currencies offline is safe as they are not exposed to online hackers. This wallet was developed by Taiwan-based company CoolBITX Technology in 2014.
The CoolWallet S hardware wallet brings a new dimension to hardware wallets. While most hardware wallets require you to connect them to your devices using a USB cable, CoolBITX introduces the first wireless hardware wallet that looks like your traditional credit cards. Now you can easily move around with your digital hardware wallet in the form of a simple electronic card, allowing you to perform your transactions and access your personal data wherever you go. You can simply place the card in your traditional wallet.
THE Coolwallet's purpose is not limited to just storing your digital coins. Manufacturers saw the need to expand its uses to make it a utility card. In addition to storing your private and public keys, in the future, you could store your medical records, passwords, ID numbers, and bank account details.
The CoolWallet S represents the future of digital offline storage.
Hardware wallets like Ledger Nano S and Keepkey can only work with USB-compatible devices, but the CoolWallet connects wirelessly, it can connect to any device that has Bluetooth technology and can fit perfectly in your wallet or pocket.
Coolwallet hardware wallet: key features
*. It is not accessible to hackers, even when connected to a computer or device with malware.
*. CoolWallet S Connects to various mobile and desktop devices and operating systems i.e. it is compatible with any Bluetooth device.
*. Fits in your pocket wallet as it is the same size and shape as your regular credit cards.
*. It has a screen that shows clear numbers.
*. As of the time of writing this article. This wallet It supports Bitcoin, Ethereum, Litecoin, Ripple, EOS and some ERC-20 tokens must have added and is adding more coins and airdrops.
CoolWallet is 100% disconnected from the internet and only sends signed transactions to your cell phone.
*. It is super thin and fits well in your wallet.
*. It has a control button that you can use to navigate through the card's features.
*. It has a battery that lasts up to two years and is rechargeable.
*. It is heat resistant, waterproof and can bend up to 15 degrees
What's in the box:
In the box, you will find the CoolWallet S card, the USB cable, the charger and a card to write down your password. Don't forget to write it down. It is crucial to recover your coins just in case you lose your wallet or forget your password. The box itself is a work of art.
CoolWallet Price
Consider just buy the Coolwallet wallet from the company no official website here « other than the initial cost of purchasing the device, there are no additional transaction fees charged by the wallet itself. The device costs around $189, which is fair considering the features it offers.. Although it is a little expensive than other offline wallets.
Is CoolWallet S safe?
When it comes to security, you should have the most secure wallet to keep your private keys.
While most hardware wallets are secure enough, CoolWallet S goes a step higher, ensuring that your coins are completely safe.
Not only are they safe from hackers, but also from the company's staff. First of all, the company does not store any of your information. Any transaction made with the card or any data entered is completely private. You are the only one with final access.
Is Coolwallet reliable?
CoolWallet S CoolWallet S is one of the most secure hardware wallets available. Is CoolWallet S reliable? This is a question that many of you probably have in mind, since this wallet is not that popular. Despite the minimal reviews online, this wallet is very reliable, just as the name suggests. Cool.
Why do we recommend the Coolwallet wallet?
In addition to the various advantages that this wallet offers, here are some of the most notable ones:
Security » This wallet has impressive security features. For example, it has a “watchdog” security feature that activates when the wallet is within 10 meters of any of your paired devices. If your card is stolen and you come within 10 meters of it, your device will alert you to its presence. It is an offline wallet that is 100% disconnected from the Internet.. It also has a two-factor authentication feature which makes it difficult for individuals to steal your coins in case someone (your next) discover your password or steal your Coolwallet wallet. Furthermore, the CoolBitX company behind this wallet does not store any of your keys or data. Everything is completely in your control. Any security breach can only be initiated by the way you use the wallet.
Customer Support » If, for example, you have any queries regarding any functionality on your CoolWallet card, simply contact the company for clarification. If it is an urgent query, reach out to them via their social media pages for an immediate response. Otherwise, you can simply email them and they will get back to you shortly.
Coin Backup » you receive a backup card on which you record your backup number key. Make sure to write it down and keep it in a safe place., because without this number if you lose your data in the future, you will not be able to recover your cryptocurrencies. It is possible to obtain a new Cool wallet and recover all your coins in case of loss of the wallet with the backup number written down.
Ease of use » – it is very easy to use CoolWallet S. It comes with a step-by-step instruction manual that is very simple to follow. When you receive your card, simply turn it on using the power button. Turn on the Bluetooth feature and connect it to your device. That's all you need to do to get it working.
How to use CoolWallet S wallet?
Using this wallet is very simple, see how to configure this wallet more easily.
Setting up your CoolWallet:
1. Turn on your device's Bluetooth.
2. Launch the CoolWallet app and turn on your wallet.
3. Once in range, your wallet serial number will appear in the app, then tap Connect.
4. Confirm your One-Time Password (OTP) by entering the OTP password shown on your CoolWallet screen, then tap the “Pair with this device” button.
5. Once they are paired, generate your password, back it up in a safe place.
6. You will be prompted to do this after tapping the “+” on the wallet display screen to add a new wallet.
How do I know my address to receive payment?
1. Navigate to the Receive page in the app and tap “Create new address”.
2. Scan the QR code in the app, tap “Request Payment” and enter the amount.
3.Tap “Copy Address” to copy the address to your clipboard, and then send it to the sender.
Sending payment:
1.Go to the submission page,
2.Scan the QR code or paste the Bitcoin address from your clipboard,
3. Then enter the amount (this can be in fiat or Bitcoin) and then tap “Send”.
CoolWallet S Review Summary
We’ve gone over the main features of the CoolWallet S. While it’s not as popular as other hardware wallets, it’s the first of its kind in the industry. It’s a good hardware wallet that fits perfectly in your pocket. You can go anywhere with it, and it’s easy to use, making it suitable for beginners and advanced users alike.
Coolwallet pretty cool features:
Wireless connectivity.
You can connect via Bluetooth.
It is very secure considering it is an offline or cold storage device.
This wallet has good security features like two-factor authentication.
CoolWallet is incredibly easy to use.
It is waterproof and can bend up to 15 degrees.
It has a power and a control button as well as a display screen. These controls are easy to use.
It comes with a backup card for your backup
It is heat resistant.
If you’re the type of person who needs a more secure and convenient way to store your Bitcoins, altcoins, or cryptocurrencies, then the CoolWallet S is for you. Consider trying out this wallet to keep your Bitcoin and other digital currencies. You will definitely like it.
Pay for your Wallet » Coolwallet on the company's official website by clicking here «