Cobo Wallet – Your All In One Cryptocurrency Wallet That You Can Trust And Grow Your Cryptocurrencies On
The financial payment system has advanced over the years in several milestones. About fifty years ago, there was the introduction of electronic payment system such as Visa Card, MasterCard etc. The rapid development of technology led to the invention of the blockchain technology by a group or a person who is falsely yet famously known as Satoshi Nakamoto.
Over the years, many business men and women have shared concerns about the level of control that Centralized Institutions have over the funds of people. However, all the developments that have come down the line still fall under the jurisdiction of these same Centralized institutions till the development of Cryptocurrencies.
One of the major reasons which is hindering the global adoption of cryptocurrencies is the inadequate security provided to cryptocurrency users. Ever thought of a cryptocurrency wallet that allows you to increase your assets whiles holding it? All these and many more are provided with the use of Cobo Wallet.
The Amazing Features of Cobo Wallet
Monitor and Grow Your Assets on Cobo Wallet
The huge difficulty with operating with Proof-of-Work (PoW) consensus protocol led to the development of Proof-of-Stake (PoS) protocol as pioneered by the DASH Ecosystem. PoS allows each contributor of the blockchain network earn passive income hence the greater adoption of this protocol other than the PoW. There are over thousands of masternodes running in the cryptosphere and crypto investors into any of such cryptocurrency stake their coins in order to earn block rewards.
Cobo Wallet is not just an ordinary wallet but the first of its kind in the cryptosphere to allow members hold cryptocurrencies that uses Proof-of-Stake (PoS) as its consensus mechanism on its wallet and earn passively from staking their coins. The days of having to download several cryptocurrency wallets would soon be over and it’s starting with Cobo Wallet. Cobo Wallet as off now supports major cryptocurrencies such as DASH, PIVX, DCR, XZC, IoTeX, LBTC, ATOM, IOST, VET etc. with plans of further expanding to other masternode coins. So just imagine all the hustle that some crypto enthusiasts have to go through downloading all these wallets and keeping them running to receive their staking rewards. Cobo Wallet takes away the pain of having to go through all of this and allows its users to stake all their cryptocurrencies on one device. Cobo Wallet can boast of a huge success of supporting over 30 blockchains and 700 tokens.
A Hub for Decentralized Applications
Cobo Wallet provides maximum security to ensure that funds of its users are kept beyond the reach of hackers and also serve as hub to allow crypto enthusiasts to run on its platform decentralized applications. Cobo Wallet goes beyond an ordinary wallet by also allowing cryptopreneurs the opportunity to stake different supported masternode coins on its platform and earn from their passive rewards. Hold, manage and monitor your cryptocurrency portfolio all on one platform and that is Cobo Wallet.