What are the benefits of a hardware wallet?
Hardware wallets are protected from computer viruses that attempt to hack or steal private keys.
By storing your digital currencies in a hardware wallet, you are securing your crypto offline, keeping them an extra step away from hackers.
What is cold storage?
A 'hot wallet' refers to a cryptocurrency wallet that is connected to the internet. Generally, hot wallets are easier to set up and access but are more susceptible to hackers, possible regulation, and other technical vulnerabilities.
A 'cold wallet' refers to any cryptocurrency wallet that is not connected to the internet making it the most secure option as it’s completely offline providing a greater level of safety.
Can I use Defi and NFTs on the CoolWallet Pro?
You can connect to popular decentralised finance applications including exchanges using WalletConnect and Metamask on multiple blockchains. CoolWallet Pro also currently supports in-app NFT trading on the OpenSea and Rarible marketplaces.
What staking platforms can I use on the CoolWallet Pro?
CoolWallet Pro enables users to earn rewards while holding their assets safely and securely offline. Users can choose to stake their assets on popular proof-of-stake blockchains such as Solana, Cosmos, Polkadot and many more to earn rewards.
Which assets can I use on CoolWallet Pro?
The tokens available on CoolWallet Pro include all ERC-20 tokens, ‘Layer-2’ ERC-20 tokens such as Arbitrum, and Polygon, BEP-20, TRC-20 customized tokens and in addition, all ERC-721 and ERC-1155 NFT tokens.
For the full list of assets available, please use the following link - here.
What blockchains can I use on CoolWallet Pro?
Most major blockchains are supported by the CoolWallet Pro.
These include BTC / BCH / ETH / ETC / Binance Chain / Binance Smart Chain (BSC) / Cosmos / Polkadot / Tron / Litecoin / XRP / Stellar / KSM / Cronos / Polygon / Cardano / Arbitrum / Tezos / AVAX C-Chain.
For a full list of blockchains available, please use the following link - here.
What wallets are compatible with CoolWallet Pro?
The software wallets, Metamask and WalletConnect, are compatible with the CoolWallet Pro.