Cobo Wallet App is a convenient and safe digital asset wallet, it contains a Cloud Wallet and an HD Wallet. Users can switch between two of them flexibly and freely.
Cobo wallet is safe and reliable
First, Cobo Wallet ensures that your digital assets are securely stored in both hot and cold wallets, and the development team has been working to create a secure and reliable digital asset storage environment.
As for hot and cold wallet--cold wallet is not connected to the Internet, also called offline wallet; hot wallet keeps online, also called online wallet. In terms of security, cold wallet in offline environment is more secure than hot wallet. Our core development team comes from Silicon Valley and Asia's top Internet companies, and they will also guard the entire system security 24*7.
Cobo supports the mainstream cryptocurrencies, allows users to quickly add and view quotes.
Cobo integrates transfer process into each wallet pages, the interface is simple and clear.
1 | Cloud Wallet
Cloud Wallet is a very friendly hosting wallet for new users. Cobo keeps private keys, stores your address and transaction history. In this way, as long as you keep your mobile phone, username and password, even if your phone is lost, you can log in to Cobo to retrieve your account.
Transfers are particularly fast between users without any commission, it can greatly enhance everyone's experience, so we are a leading hosting wallet in the industry;
Click to enter the LBTC/XZC/DASH rewards wallets, you can receive income easily by transfer our assets to the rewards wallets. The highest annualized income of LBTC is up to 200%; and there will be more rewards cryptocurrencies launched in the future;
In the future, <POS Mall> will go online in Cloud Wallet, there will be lots of POS rewards cryptocurrencies.
2 | HD Wallet
In order to meet the different needs of everyone, Cobo added the HD wallet, users can keep the private key.
The biggest feature of HD wallet is that a master key can derive any number of sub-accounts (sub keys) can be derived from the master key. All sub-accounts are controlled by the master key, and can expand indefinitely. So users only need to manage one master private key to centrally manage the digital currencies in their accounts.
HD Wallet allows users to add multiple wallet addresses per currency, which is convenient for users to separate assets. So you should only back up 12-character memorizing words to control all account assets in all cryptocurrencies. It eliminates the trouble of backing up many private key like some other wallets.
HD wallet supports DApp ecosystem, which is safe and convenient.