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Coinomi Review

Coinomi Wallet is an electronic wallet that has been around since 2014. There are interesting aspects in this Coinomi review: A large selection of cryptocurrencies and a wide range of uses make the platform interesting for many crypto fans. However, how anonymous is the wallet really? What strengths and weaknesses can be found with the platform in the Coinomi Wallet review? Are there also Coinomi Wallet fees or even Coinomi Wallet transaction fees.

At least the advantages of the platform are very obvious in the Coinomi review. The strength of the platform in the Coinomi Wallet Test lies especially in the large number of cryptocurrencies offered. But also in the great experience that the company built up in the past years. The website offers a very large number of Coinomi Wallet Coins. This includes a whole 125 (!) cryptocurrencies and thousands of tokens. This means that more than 125 blockchains can be used in the Coinomi Wallet test, on which thousands of tokens can also be used. The sheer number of Coinomi Wallet Coins is already impressive. A detailed listing of Coinomi Wallet Coins can be found on Coinomi’s official website.

Special Features

If you want to trade cryptocurrencies, this is possible without any complications. Crypto trading is somewhat cheaper with other providers like eToro. Overall, however, the offer is very good. 0.5% Coinomi Wallet transaction fees are absolutely justifiable. Especially given the large selection of cryptocurrencies available, the site is particularly well-suited for trading AltCoins. Shapeshift and Changelly are reputable partners of Coinomi and have a good reputation. Last but not least, the fact that Coinomi is an HD wallet speaks for the platform. With Hierarchical Deterministic Wallets, new addresses are created with every transaction. The cryptocurrencies are then stored on the user’s own device (cell phone or computer).

Another important feature is the wallet’s customer service. This is often a negative point with crypto wallets. Not so with Coinomi. Specifically, you can reach customer service 24 hours a day, seven days a week to find a solution for your Coinomi Wallet cryptocurrencies. This works via the company’s support page. Here, one can simply create a new post and usually receive a quick response. It is also worth noting that there is a large number of questions that have already been answered. Due to the sensible breakdown of the topics, one gets a good overview and can quickly find out information about one’s own problem or concern. If it is a confidential problem with the Coinomi Wallet cryptocurrencies, you can also communicate the problem via email to the customer service team of Coinomi.

Coinomi Fees

Are there Coinomi Wallet fees that apply when using it? What about Coinomi Wallet transaction fees? According to the official statement of the website, there are no Coinomi Wallet fees at all. Even there are no Coinomi Wallet transaction fees according to the company in the Coinomi Wallet review. But what Coinomi Wallet business model the company actually has is not disclosed. But of course, there are indirect Coinomi Wallet fees. Not only because, for example, Bitcoin Coinomi Wallet transaction fees have to be paid to the miners. But also because the wallet outsources the switching between cryptocurrencies to third parties with partner companies ShapeShift and Changelly.

Changelly charges a 0.5% fee on every trade. ShapeShift also charges 0.5% Coinomi Wallet transaction fees. However, the additional costs for ShapeShift and Changelly are stated differently. For ShapeShift, the Coinomi wallet transaction fees are already included in the exchange rate. This is not the case with Changelly. Here Changelly deducts the Coinomi Wallet transaction fees from the account after the completed transaction. Coinomi itself does not charge any fees. For the use of the exchange services, the partner companies Coinomi and Changelly charge a 0.5% fee.

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