Introduction
Coinomi, established in 2014 and headquartered in the British Virgin Islands, is a non-custodial, multi-chain wallet supporting over 125 blockchains and 1,700+ tokens. With 1 million+ active users, it emphasizes privacy (no KYC) and versatility, catering to beginners and experts alike.
Key Features:
- Built-in exchange (Shapeshift, Changelly)
- Cold staking & crypto DNS
- Wallet interoperability & Web3/DApp browser
- Supports 25+ languages and 168 fiat currencies
Coinomi Wallet Overview
| Category | Details |
|-------------------|---------|
| Wallet Type | Software (Desktop & Mobile) |
| Price | Free |
| Fees | - No storage fees
- Network fees for outgoing transactions |
| Supported Assets | 1,770+ coins/tokens across 125+ blockchains |
| Security | SPV, multi-seed support, encrypted backups |
| Best For | Privacy-focused traders |
Pros & Cons
✅ Pros:
- No KYC or transaction fees
- Broad blockchain/token support
- Cold staking & DeFi access
❌ Cons:
- No hardware wallet integration
- Lacks 2FA
Services & Features
Built-in Exchange
- Instant swaps via Shapeshift/Changelly.
Cold Staking
- Earn APY offline with supported assets.
Multi-Seed Support
- Import unlimited wallets securely.
Gift Cards & NFTs
- Convert crypto to gift cards or manage ERC-721 tokens.
How to Set Up Coinomi
- Download the app (iOS/Android/Desktop).
- Backup 24-word seed phrase (critical!).
- Confirm seed order and set a password.
- Select preferred cryptocurrencies.
Transacting with Coinomi
Depositing Crypto
- Log in → Select asset → Copy deposit address.
- Send crypto from external wallet.
Withdrawing Crypto
- Navigate to "Send" → Enter recipient address.
- Specify amount → Confirm (check network fees).
Security & Legitimacy
- Non-custodial: User-controlled private keys.
- Encrypted: SSL/TLS for data protection.
- Audit History: No breaches since 2014.
"Your keys, your crypto—Coinomi ensures full autonomy."
Supported Tokens
Top assets: Bitcoin, Ethereum, Dash, DeFi tokens. Full list here.
Alternatives Comparison
Coinomi vs. Phantom Wallet
| Feature | Coinomi | Phantom |
|----------------|--------------|--------------|
| Blockchains | 125+ | Solana/Ethereum |
| Tokens | 1,700+ | Limited |
| KYC | No | No |
Coinomi vs. Jeton Wallet
- Jeton: Fiat-focused (50+ currencies), 6 cryptos, KYC required.
Troubleshooting Common Issues
- Delayed deposits? Wait 24-48 hours; contact support if unresolved.
- App crashes? Clear cache (Android) or reinstall.
- Missing coins? Check firewall/ISP settings.
Final Verdict
Coinomi excels in privacy, asset diversity, and ease of use. Ideal for traders seeking a secure, multi-chain solution.
FAQs
Q1: Is Coinomi free?
A: Yes—no charges for downloads or storage.
Q2: Can I stake with Coinomi?
A: Yes! Cold staking supported for select assets.
Q3: Does Coinomi support hardware wallets?
A: No, it’s software-only.
Submit questions via our contact form.