You can also buy it locally from (UK) Reseller – Monix
Today, we’ll be taking a look at the CoolWallet Pro – CoolBitX’s next-generation hardware wallet for cryptocurrencies. It provides users with the best possible security, convenience, and functionality for managing their cryptocurrencies and tokens. CoolWallet Pro is a credit card-sized Bluetooth cold wallet that stores your cryptocurrency in secure cold storage that fits inside your actual wallet.
As you know, I’m a staunch advocate of cryptocurrencies, and have been investing in cryptocurrencies using various online exchange platforms since 2017 including Coinbase, Binance and Crypto.com.
There’s one habit I always do after purchasing cryptocurrencies … and that’s to transfer them out of the online exchanges, and move them to hot wallets such as Exodus or Trust wallet. Both are non-custodial wallets, where users retain ownership of their private keys (+recovery phrases), which in my opinion is much safer than online exchanges. You can download both of these wallets on your mobile or on your desktop. Better still, for best security you can transfer your cryptocurrencies to cold storage wallets … which are completely offline, such as Trevor Model T and of course, CoolBitX’s CoolWallet Pro.
IMPORTANT SECURITY NOTICE:
The recovery phrase is the master key to your cryptocurrency funds. Never share it with anyone else.
If you lose access to your mobile or devices, you will be able to restore your wallet with your recovery phrases.
However, if you lose your recovery phrases, you will not be able to restore your wallet and you will LOSE all your cryptocurrency funds.
One thing which I thought was really interesting, is that the CoolWallet Pro features an essential new DeFi staking options, which has never been seen in cold wallets. This allows you to earn extra cryptos when you stake a portion of your cryptocurrencies.
Now, I have a bunch of cryptocurrencies … and I’m ready to transfer them to the CoolWallet Pro wallet. Let’s see how easy it is to do. Before we start, here’s a little blurb taken from CoolBitx’s website …
CoolBitX launched in early 2014, ready to change the world. The crypto community experiences a devastating blow just a week later when the popular crypto exchange, Mt. Gox, is breached by hackers with losses valued at over $450 million. This proved that online hot wallets were not as secure as they seemed. As a result, this caused many crypto users to start looking for ways to better protect themselves from these types of attacks. Cold, offline storage was their only option and this is where we saw our opportunity.
At the time, the only cold storage options were USB hardware wallets, which were great, however, we felt that they did come with some drawbacks. They were clunky, required a computer connection, not very user-friendly, and were designed to be hidden somewhere at home. They were also vulnerable to supply-chain attacks where criminals could potentially tamper with the devices before getting into the hands of the customer.
Our solution was to create a wallet that was not only secure, but also very portable and user-friendly. Built on the same technology that Smart Displayer had perfected, we introduced a wafer-thin, credit card-sized cold wallet that was highly secure, durable and convenient to use.
Full Control of Your Assets In Your Hands – Anywhere, Anytime
Encrypted Bluetooth connection for Android and iOS to enable the most convenient crypto on-the-go experience.
Track, Send, and Receive
Check your portfolio at a glance and transact with ease from secure cold storage.
Marketplace Trading Features
Supports buy crypto, Binance DEX, WalletConnect, token-to-token exchange and many enhanced features to facilitate the support of DeFi protocols, NFT collectibles, DApps, airdrops, and other emerging crypto products and services. Never miss another trading opportunity.
Powerful Inside and Out – On Top of Security
CoolWallet Pro supports Tron (TRX), Cosmos (ATOM), and Polkadot (DOT), BEP20 token- BNB, and all other TRC20 tokens, in addition to the originally supported Bitcoin, Ether, Litecoin, Ripple, Stellar, BNB, USDT, and all ERC20 tokens. ETH 2.0, Tezos, Cardano, BEP20 tokens and other new coins are planned on the roadmap!
Earn rewards while you HODL. Stake your digital assets in the CoolWallet Pro to mine POS coin rewards for Polkadot, Tron and Cosmos.
Upgraded Hardware Design – More Intuitive and Secure
The CoolWallet Pro’s secure element features an upgraded chipset and higher CC EAL6+ rating, which is one of the highest security standards in the industry.
Credit Card Sized
Only 0.8mm thick and lightweight at 6g to fit into your physical wallet. Water resistant and tamper-proof for extra durability.
- Credit Card sized 0.8mm(T), Lightweight 6g
- Mobile (Android & iOS)
- Encrypted Bluetooth connection
- EAL 6+ certified Secure Element
- Multi-cryptocurrency Support
- Trading features
- More Coins | Tron (TRX), Cosmos (ATOM), PolkaDot (DOT), BEP20 token- BNB, TRC20 Tokens – USDT / USDJ / JUST / WBTT / WIN & All Other TRC20 Tokens
- DeFi, Dapp and NFT (e.g. Rarible, Opensea) In-app Integration Coming Soon
Full Control in Your Hands
The CoolBitX App helps you get the most out of your CoolWallet Pro. Simply download the app, follow instructions, pair your device over encrypted Bluetooth and start using it to trade, buy, sell and monitor your crypto assets on the go. All backed by the most resilient tamper-proof and resilient security you can trust in.
Box and Packaging
Package includes the CoolWallet Pro device, a charging dock and 2 seed recovery cards (BE CAREFUL with your private keys and/or recovery phrases)
The CoolWallet Pro
I’m really surprised how thin the CoolWallet Pro is. They managed to fit a LCD screen as well as a flat button on the card, which you need to press to turn on/off the device… and somewhere inside the card is piece of silcon/microchip that’s storing your cyrpto information. Amazing!
The dock is NOT a card reader … it is only used for carding the device itself. The CoolWallet Pro actually connects the mobile app via a secure Bluetooth connection.
I love the compact credit card size of the CoolWallet Pro … It fits perfectly inside my leather wallet.
Download the App for Pairing to iPhone (iOS)
A smartphone running at least Android 6, or iOS 9.1 is required. For iPhone, first go to the Appstore and download CoolBitx Crypto. Next open the app and pair/connect it with your Coolwallet Pro hardware wallet. It uses a secure Bluetooth connection.
Once you paired your CoolWallet Pro with your mobile app … you’ll need to create the wallet and generate the wallet seed. This will be your recovery keys/phrases. Just follow the instructions as shown on your mobile app.
Main Menu and Settings
You can check your total assets stored on the Coolwallet Pro by selecting ‘Wallet’. You can also easily send and receive cryptocurrencies at anytime.
The ‘History’ section allows you to view all your previous transactions at a glance.
For managing the Coolwallet Pro, you can go to the ‘Settings’ section and adjust various options including …
- Pairing Coolwallet Pro with the mobile App.
- Card management and display
- Device management
- Your account settings
- Currency display
Add Other Coins and Staking
Although the LCD display on the CoolWallet Pro only shows Bitcoin, Ethererum, Litecoin and XRP … You can also add other cryptocurrencies and coins to the wallet from the mobile app.
Better still, there are options for staking, savings, exchange and buy cryptocurrencies from the Coolbitx app itself … all of these options work flawlessly with the CoolWallet Pro device.
Verdict and Conclusion
The CoolWallet Pro is in my opinion, one of the most impressive and secure cold storage wallets available. If you’re serious about safe guarding your cryptocurrencies, then there’s really only one solution. Move them to a cold storage wallet. This will reduce the risk of hackers and scammers stealing your assets.
Most cold storage wallets I’ve seen on the internet are clunky and aesthetically unappealing. Not so with the CoolWallet Pro. It’s slim and sleek design comes in a form of a credit card size device, that actually fits in your wallet.
So the question you’ve all be asking … is the CoolWallet Pro and the Coolbitx app safe? Well, I’ve been using the CoolWallet Pro for several weeks now, and I haven’t experienced any issues what so ever. I can now go to sleep safely with total piece of my mind, knowing the fact that my cryptocurrencies are safe.
The mobile app is easy and intuitive to use, and works flawlessly with the CoolWallet Pro via a secure Bluetooth connection.
You can also buy it locally from (UK) Reseller – Monix
- Supports a wide range of cryptocurrencies
- Supports DeFi protocols, NFT collectibles, DApps,
- Slim and sleek design
- Credit card size, fits in your wallet
- Cold storage hardware wallet
- Secure and safe
- Pairs and works flawlessly with CoolBitx crypto app
- Compatible with Android and iOS
- None I can think of.
Just BE CAREFUL with your private keys (+recovery phrases)
If you need a sleek looking cold storage hardware wallet for storing your cryptocurrencies that actually fits in your wallet, then take a look at the CoolWallet Pro. It offers plenty of support for a wide range of cryptocurrencies as well as DeFi protocols, NFT collectibles and DApps.
- Referral Link to buy CoolWallet Pro
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