[About CoinEx Wallet]
CoinEx Wallet is a product of CoinEx Group. With its core team members from world-leading internet companies, including professionals in the bitcoin industry, CoinEx Wallet has put together a strong development team. Released in May 2019, CoinEx Wallet is a decentralized wallet for multi-chain and multi-crypto asset management. Currently, it supports 52+ coins, such as BTC, ETH, BCH, TRX, and over 1 million tokens, offering a wide range of services, including multi-wallet management, Cross-chain Swap, Staking, etc. In the future, CoinEx Wallet will also support buying crypto with credit cards.
CoinEx Wallet is committed to enabling full crypto asset management, with which you can manage various crypto assets. Meanwhile, we have integrated Staking and Swap to diversify product features. Taking advantage of cutting-edge fintech, CoinEx Wallet aims to promote the progress of the blockchain industry, and build a better blockchain future, thus realizing our vision of "Linking you to the future finance via wallet".
[Decentralized for Stronger Asset Security]
In the sense of blockchain, a wallet is considered as the account of crypto assets, and creating a wallet is to create an account for crypto asset storage, that consists of a set of public keys and private keys. In this way, the public keys are your account ID, and the private keys are similar to passwords.
Depending on the storage location of private keys, crypto wallets can be categorized into decentralized wallets (On-chain wallets) and centralized wallets (Off-chain wallets): In decentralized wallets, the private keys are stored locally on your device, and completely controlled by you. Since all wallet data is recorded on the blockchain, and all transactions can be checked on-chain, decentralized wallets are also known as on-chain wallets. On the other hand, with centralized wallets, the wallet providers have full control over the private keys and store them on their servers. All data and transaction records in these wallets are stored on the provider's server, not on the blockchain. Therefore, they are also called off-chain wallets.
[Comprehensive protection, security first]
Security is the primary need of users for asset management. Whether from the code level or product design level, CoinEx Wallet is very concerned about the security of the product; the decentralized model allows the wallet account's private key custodianship control all to the user, which means that the user has 100% control over the assets. In addition, we have added layers of protection in the design of the product, such as application locks, security passwords, passwords of the mnemonics, cyphertext QR code, etc. to ensure the security of the App.
CoinEx Wallet is a decentralized wallet. The private keys are stored locally on your device, and you have full control over your private keys and crypto assets. What's more, all wallet data is accessible on the blockchain. CoinEx Wallet provides multi-chain and multi-crypto asset management all in one and safeguards your assets.