Cryptocurrency investors need a reliable digital wallet to store, manage, and trade their assets securely. Among the long-standing options in the market, Coinomi Wallet stands out as one of the earliest multi-chain wallets, first launched in 2014. Trusted by millions globally, it supports over 1,700 cryptocurrencies across 125+ blockchain networks, offering a secure and user-friendly experience for both beginners and advanced users.
This in-depth review explores Coinomi’s features, security, supported assets, fees, user experience, and more — helping you determine if it's the right crypto wallet for your needs in 2025.
What Is Coinomi Wallet?
Coinomi is a non-custodial, multi-chain cryptocurrency wallet that allows users to store, manage, and trade a vast range of digital assets directly from their mobile or desktop devices. Unlike custodial wallets where a third party holds your private keys, Coinomi gives you full control over your funds — meaning only you have access to your seed phrase and private keys.
Developed with a focus on security, privacy, and decentralization, Coinomi supports major platforms including Android, iOS, Windows, macOS, and Linux. Originally launched as a mobile-first solution, it has evolved into a cross-platform tool with integrated DeFi access, DApp browsing, built-in exchanges, and cold staking capabilities.
👉 Discover a secure way to manage your crypto across chains.
Supported Cryptocurrencies & Blockchains
One of Coinomi’s biggest strengths is its extensive support for digital assets:
- 125+ blockchain networks
- 1,700+ tokens and coins
- Native support for ERC-20, BEP-2, TRC-10, Omnilayer, NEM Mosaic, and ERC-721 (NFTs)
This makes Coinomi one of the most versatile wallets for holding diverse portfolios without needing multiple apps.
Major Cryptos Supported
Bitcoin (BTC)
As the first decentralized digital currency, Bitcoin remains the most widely adopted cryptocurrency. Coinomi supports native Bitcoin storage with SegWit (Bech32) addresses for faster transactions and lower fees.
Ethereum (ETH)
Coinomi fully supports Ethereum and its ecosystem, including ERC-20 tokens and decentralized applications (dApps). You can interact with DeFi protocols directly through the wallet’s DApp browser.
Binance Coin (BNB)
Despite not being affiliated with Binance, Coinomi allows users to store BNB and BEP-2 tokens securely. This is ideal for those participating in Binance Smart Chain dApps.
Cardano (ADA)
Cardano’s proof-of-stake blockchain is supported via native ADA staking within the wallet — allowing users to earn rewards directly from their Coinomi app.
Avalanche (AVAX)
Coinomi enables AVAX storage and interaction with Avalanche-based dApps, supporting the growing ecosystem of subnets and custom blockchains.
Other notable assets include Solana (SOL), Dogecoin (DOGE), Litecoin (LTC), Polkadot (DOT), and many privacy-focused coins.
Key Features of Coinomi Wallet
✅ Built-In Exchange & DEX Swaps
Coinomi integrates with multiple decentralized exchanges (DEXs) and third-party swap services, allowing instant token swaps without leaving the app. This includes support for hundreds of trading pairs across chains.
✅ DApp Browser & Web3 Support
Access decentralized finance (DeFi) platforms, NFT marketplaces, and blockchain games seamlessly using Coinomi’s built-in DApp browser. All interactions are secured through WalletConnect-compatible connections.
✅ Cold Staking
Earn passive income by staking supported cryptocurrencies like ADA, AVAX, and others — even when your device is offline. Rewards are automatically credited to your wallet.
✅ Enhanced Privacy
Coinomi does not require KYC verification. Your IP address is anonymized during server requests, and no transaction history is linked to your identity.
✅ Multi-Seed & HD Wallet Support
Using BIP44 hierarchical deterministic logic, Coinomi allows one-time backup with a 12-word recovery phrase. You can also import multiple wallets with unique encryption settings.
✅ Customizable Mining Fees
Adjust transaction fees based on network congestion. Lower fees may delay confirmation, while higher fees prioritize faster processing — giving you full control over cost vs. speed.
✅ WalletConnect & FIO Integration
Easily connect to external dApps via WalletConnect. Additionally, register human-readable addresses using FIO or Unstoppable Domains to simplify sending and receiving crypto.
Security & Trustworthiness
Security is at the core of Coinomi’s design:
- Private keys never leave your device
- End-to-end encryption for all data
- Seed phrases encrypted and never transmitted
- No history of successful hacks or fund losses from wallet breaches
While Coinomi released parts of its source code publicly, it is not fully open-source, which some security experts view as a limitation. However, the team has maintained a strong track record since 2014.
In February 2019, a vulnerability was reported where seed phrases were briefly sent to Google’s spell-check API during import. The issue was patched within hours, and no confirmed fund losses occurred due to TLS encryption and missing API keys.
Despite this past incident, Coinomi responded swiftly and transparently — reinforcing trust among its user base.
User Experience & Interface
Coinomi offers a clean, intuitive interface across all platforms:
- Simple dashboard showing portfolio value and asset distribution
- One-click access to send, receive, swap, or stake crypto
- Transaction history with real-time status updates
- Language support in 25+ languages including English, Spanish, French, German, Russian, and Chinese
The mobile app (available on Google Play and App Store) holds a 4.6-star rating with over 16,000 reviews — reflecting high user satisfaction.
For desktop users, the standalone application provides the same functionality with enhanced screen space for managing complex portfolios.
👉 Start managing your crypto portfolio with confidence today.
Fees & Transaction Costs
Coinomi itself charges zero platform fees for transactions. However:
- You pay standard network (mining) fees when sending crypto
- These fees go directly to miners/validators and vary by network congestion
- Users can manually adjust fee levels for optimal speed-to-cost balance
Additionally:
- Buying crypto via third-party providers (e.g., credit card purchases) incurs service fees from those partners
- No withdrawal or deposit fees from Coinomi
This transparent fee model ensures no hidden costs — aligning with decentralized principles.
Deposit & Withdrawal Methods
Depositing Crypto
You cannot deposit fiat currencies like USD or EUR directly into Coinomi. However:
- Use the “Buy Crypto” feature to purchase crypto with fiat via partnered services
- Deposit existing crypto by scanning QR codes or copying wallet addresses
Withdrawing Funds
To convert crypto to fiat:
- Transfer funds to a centralized exchange (like OKX)
- Sell your assets and withdraw to your bank account
Alternatively:
- Spend crypto directly via merchant payments
- Exchange for gift cards through supported services
Frequently Asked Questions (FAQs)
Q: Is Coinomi Wallet safe to use?
A: Yes. Coinomi uses strong encryption, never stores private keys on servers, and has no history of successful hacks. Always safeguard your seed phrase.
Q: Can I buy cryptocurrency directly in Coinomi?
A: Yes. Through integrated third-party services, you can buy crypto using credit cards or bank transfers — though Coinomi itself doesn’t process fiat.
Q: Does Coinomi support staking?
A: Yes. You can stake ADA, AVAX, and other supported assets directly in the app and earn passive rewards.
Q: Is Coinomi available in the United States?
A: Yes. U.S. users can download and use Coinomi freely. However, certain third-party services (like fiat on-ramps) may have regional restrictions.
Q: Can I access DeFi apps with Coinomi?
A: Absolutely. The built-in DApp browser lets you interact with DeFi platforms like Uniswap, Aave, and PancakeSwap securely.
Q: Why isn’t Coinomi fully open-source?
A: While partial source code is public, full transparency isn't provided. This raises concerns for some purists but hasn’t impacted its overall security performance.
Final Verdict: Is Coinomi Worth It in 2025?
Pros:
- Supports over 1,700 cryptos across 125+ chains
- Strong security with non-custodial control
- Built-in exchange and DEX swaps
- Cross-platform availability (mobile & desktop)
- Active development and responsive support team
- No platform fees
Cons:
- Not fully open-source
- No direct fiat deposits or withdrawals
- Limited customer support response times during peak periods
👉 Explore secure multi-chain wallet solutions now.
Coinomi remains one of the most trusted names in the crypto wallet space — especially for users who prioritize privacy, multi-chain support, and self-custody. While it lacks full open-source transparency and direct fiat integration, its robust feature set and decade-long track record make it a solid choice in 2025.
Whether you're new to crypto or managing a complex portfolio, Coinomi offers the tools you need in a secure, decentralized environment.
Remember: Never invest more than you can afford to lose. Cryptocurrencies are volatile and high-risk assets.