Conicoin is an innovative cryptocurrency wallet for Ethereum tokens with full support of the ERC-20 standard.
When choosing a cryptocurrency wallet, one needs security, comfort and personal preferences. Conicoin matches all these criteria while remaining compliant with the existent industry standards and security regulations. High quality and protection never came with such ease before — Conicoin is a perfectly accessible tool even for a crypto first-timer.
If this hasn’t won you over yet, take a look at five more reasons to use Conicoin to eliminate all doubts.
We don’t store any keys and we don’t have access to your data. The safety of your data relies on an open-source community of developers, working hard in concert to maintain and bolster the security systems. Say hello to them and check our code in our repository on GitHub.
Several-step security sistem
Once you create an account, you’ll receive a code phrase (a mnemonic code). It’s a pass of 12 words which contains all the information required for regaining access to your funds. The mnemonic phrase is generated automatically; we highly recommend not to take screenshots and put write the password down on paper instead, as it is the empirically proven safest way of storing passwords. Due to use of mnemonics, Conicoin is classfied as an HD wallet, underlaid by the BIP44 protocol. That gives you as a user more protection and compatibility with other multi-currency wallets. Conicoin also offers regaining access via the private key or JSON Key (a Ethereum-specific recovery method that sees the private key is encrypted with a password). However, in this case you will only have access to the account associated with this particular private key.
For extra protection, you can create a 6-digit pin, which can be changed at any moment, or you can always set up a Touch/Face ID scan. Your keys are strictly and exclusively stored on your device, blocking out everyone, including us, from accessing such sensitive data. Every outgoing transaction request will automatically trigger a Pin/Touch ID/Face ID procedure to ensure that noone else is attempting to transfer funds using your smartphone.
Full support of the ERC-20 tokens
As mentioned before, Conicoin operates with Ethereum — the second popular cryptocurrency worldwide. Apart from ETH, Conicoin users can send and receive any ERC-20 tokens. With added validation by smart-contracts on the Ethereum blockchain, these tokens can be used like stand-alone currency, stock, or certificates.
Conicoin provides an exemplary user experience even for beginners who only start getting along with the world of crypto.
The app itself is free. The Conicoin wallet charges a minimal fee for processing transactions. Moreover, users can set the charged amount on their own.