COBO WALLET: AN INNOVATIVE CRYPTOCURRENCY WALLET WITH GREAT FEATURES.
INTRODUCTION
The unique features and advantages of the blockchain technology and cryptocurrency have encouraged the adoption of this technology in several sectors of the global economy with more cryptocurrencies been created to run the ecosystem
However, there cannot be a successful cryptocurrency and blockchain technology without a standard wallet where crypto investors can safely and securely store these numerous digital currencies. Although so many digital wallets have been created since the inception of cryptocurencies, yet these existing wallets are not able to satisfy the demands of crypto investor’s in terms of security and safety of their assets and personal data. This is the main reason for the creation of COBO wallet.
THE PROBLEM WITH EXISTING WALLETS WHICH COBO WALLET HAS BEEN DESIGNED TO SOLVE
Like I mentioned above, there are already a lot of cryptocurrency wallets in existent, but none of these digital wallets is able to completely secure investor’s funds. There is always a porous section where cyber hackers either use a phishing link or other means to gain access to these wallets and steal investor’s funds. I have been a victim of one of such insecure wallets, where my funds were all stolen when I mistakenly login to my account using a phishing link from a scammer. it was not a pleasant experience , that is one of the reasons I have decided to embrace and promote COBO wallet
Another problem is holding of cryptocurrencies in different wallets owing to the fact that most wallets only support a few cryptocurrecies. Some investors lose their private keys or password while trying to manage their tokens or coins in different supporting wallets.
WHY THE CREATION OF COBO WALLET IS VERY ESSENTIAL
Considering the above challenges faced by crypto investors, a team of seasoned professionals and experienced men have decided to create an innovative cryptocurrency wallet known as COBO wallet, which comes as the first crypto wallet to be uniquely designed with a supper level of security, Convenience , user friendly as well as a unique reward system. COBO wallet is indeed one of its kinds in the cryptoworld.
INNOVATIVE FEATURES OF COBO WALLET
COBO wallet is designed with a lot of outstanding features, but the first I will love to mention here is the security feature. Considering the great importance of adequately securing user assets, COBO team has created COBO VAULT.
- COBO VAULT is a uniquely designed Cold storage wallet that investors can use in protecting their assets. These COBO vault comes with features such as :
- -Web authentication which help in preventing attack that might occur via supply chain.
- Self destructive mechanism which helps users in preventing side channel attacks.
- Active attack is prevented by removing all USB ports.
- There is a firmware upgrade using TF card which help in providing maximum security.
- Also, to further secure the Vualt, a multi signature tool is introduced. I would not also fail to mention here that COBO wallet is the first crypto wallet to have several security tools all in one, including 2FA, HSM encryption and others. With COBO wallets users have the ability to switch from using the PoS cloud wallet to HD wallet without stress.
- Another unique feature of the COBO wallet is users’ convenience: COBO wallet is a one stop crypto wallet created to support several cryptocurrencies , and currently, the wallet supports more than 30 different coins and about 500 different tokens all in one wallet . This is great and the reason why COBO is the best wallet any crypto lover should own. The convenient mobile App also enables users to carry along their assets anywhere they go in their mobile phones. There are Android version and IOS version of COBO wallet currently available both in App stores and play store. Some of the major cyrpot currencies supported by COBO wallet include: ETH, BCH , DASH, LTC, BTC, ETC, TRX, EOS, several EOS tokens and ETH based tokens.
- COBO WALLET REWARD SYSTEM: interestingly, COBO wallet team has a unique way of rewarding crypto enthusiast for using COBO the wallet, such rewards include the proof of stake and masternode reward . Where users of COBO wallet are rewarded for holding different currencies. With this feature, users of COBO wallets are able to make profits from their cyprocurrecncies without stress just by storing it in the wallet.
- It will also interest you to know that with the new upgraded version of 3.10.0 COBO wallet users can store more coins and can as well receive some COBO candy by carrying out some tasks in the APP and will also be able to convert the COBO candy received into a cryptocurrency in the candy shop . The team has also added a feature called chance box to the upgrade d APP , this chance box allows users the opportunity to use their COBO candy and earn Bitcoin by joining a special event in using the APP.
CONCLUSION
In my opinion , COBO wallet is not just another crypto wallet created , but its rather an innovative , all in one and highly secure wallet with outstanding features that have never been found in any other digital wallet so far. COBO wallet is designed with all it takes to transform the cryptoworld and lives generally. The innovative characteristics of COBO wallet will definitely encourage more adoption of the blockchain technology by both individual investors as well as organizations.
However, since this article cannot capture all the great features of COBO wallet I will advise my readers to also read COBO website https://cobo.com/ for more information on downloading and using the mobile wallet for staking. ]
COBO DEVELOPING TEAM
For more information and regular update on this project please use the links below:
Website: https://cobo.com/
Telegram: https://t.me/cobowallet
Facebok: https://www.facebook.com/coboOfficial
Twitter: https://twitter.com/Cobo_Wallet
Author’s btt profile : https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Author’s name: nesbee2