What is the CoolWallet S hardware wallet?
CoolWallet is a portable hardware wallet that fits easily inside your wallet and looks like a credit card. CoolWallet S, a hardware wallet focused on combining security and portability, is controlled from a mobile app via bluetooth connection..
The CoolWallet S hardware wallet is manufactured by CoolBitx, a Taiwanese company founded in 2014. Founded by Michael Ou, CoolBitx aims to create the world’s best mobile wallet for digital assets.
The famous $450 million Mt.. Gox hack, Michael Ou knew that creating a secure cryptocurrency wallet was a priority.
Following a successful crowdfunding campaign, the original CoolWallet was born.. In 2019, CoolWallet S evolved into a mobile hardware wallet with increased energy and cost efficiency and a wider selection of coins.
CoolWallet’s credit card style design caught the attention of many in the industry and praised for its portability.. The wallet is also waterproof, tamper-proof, and bendable.
How does a hardware wallet work?
Hardware wallets are private Bitcoin or cryptocurrency wallets that use a secure hardware device to store a user’s private keys. Users can use hardware wallets by connecting their device to any internet-enabled device.
CoolWallet S hardware wallet supports the following cryptocurrencies:
- Bitcoin
- Bitcoin Cash
- XRP
- Ethereum
- Litecoin
- Horizen
- Omni
- Tether
- Icon
- BNB
- USDT
- WETH
- JOY
- ZEPR
- Cortex
- USD Coin
- FMF
- ATUM
- BitDegree
- Gemini Dollar
- True USD
- XYO
- Dai
- Metal
- 0x
- Mithril
- CoinWallet
- IronCoin
- WENI
- ZMTK
- All ERC20 Tokens
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What is a cryptocurrency wallet?
Cryptocurrency wallet, software that stores private and public keys and interacts with various blockchains to enable users to send and receive cryptocurrencies and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you must have a digital wallet.
How does the cryptocurrency wallet work?
Cryptocurrency wallet connects directly to the blockchain network through the software included. Therefore, it allows you to add transactions to the ledger.. Generally speaking, a crypto wallet is the protocol that creates your public and private keys.. Without it, you won’t be able to access your funds in the real world..
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