RELEASE: CoolWallet App Launches Web3 Hot Wallet to Help Novice Cryptocurrency Users

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RELEASE: CoolWallet App Launches Web3 Hot Wallet to Help Novice Cryptocurrency Users

(Information sent by the signatory company)

-CoolWallet App Launches Web3 Hot Wallet to Help Novice Cryptocurrency Users Safely Self-Guard

TAIPEI, Dec. 27, 2022 /PRNewswire/ -- Blockchain security firm CoolBitX, maker of the award-winning CoolWallet hardware wallet, has launched CoolWallet HOT: a new software wallet module in its CoolWallet App that will enable all users to self-custody your crypto assets with confidence.

The new CoolWallet HOT integration provides CoolWallet App with a versatile platform to incorporate powerful Web3 features faster and helps bolster the industry-wide cryptocurrency self-custody movement among first-time users who are not yet using cold storage.

CoolWallet App users can switch with a simple screen tap between CoolWallet HOT and CoolWallet COLD, its hardware wallet module that remains unchanged and completely isolated.

Early adopters of CoolWallet HOT who try out the in-app betting or trading services will get an exclusive NFT, giving holders a 20% discount on a CoolWallet hardware wallet. Early adopters will also be eligible for future CoolWallet token releases.

CoolWallet HOT targets the security of Web3 wallets

Web3 adoption has accelerated despite scams and collapses of centralized crypto custodians like FTX during the crypto winter of 2022. Against this backdrop, CoolBitX decided to introduce a more secure option for all crypto users looking to self-custodise their funds via through the CoolWallet App.

The hot wallet module is only available in the CoolWallet App, which now becomes an exciting full-fledged Web3 hub. CoolWallet Pro and S users retain the same user experience, but will now be able to move funds to their hot wallet for faster access to new features and coin support.

CoolWallet App: What's New?

At launch CooWallet HOT will support chains compatible with EVM, WalletConnect, and OpenSea with new features added periodically thereafter.

Download the official CoolWallet app from Google Play and the Apple App Store.

About CoolBitX

CoolBitX has been promoting the mass adoption of cryptocurrencies through superior non-custodial wallet technology since 2014. Its range of card-sized physical CoolWallet wallets, launched in 2016, offer the industry's first portable cold storage allowing users to transact anywhere with confidence.

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