Introducing the CoolWallet Pro For Enhanced Staking, DeFi, DApp, and N

CoolBitX has released the CoolWallet Pro hardware wallet, a premium addition to the CoolWallet series that promises military-grade security and unprecedented convenience to bridge professional users with the evolution of digital assets.

Taipei, Taiwan — 20 May 2021

CoolBitX, the blockchain security company and creators of CoolWallet, the world's original bluetooth-enabled hardware wallet, today announced the release of CoolWallet Pro—an all-in-one cryptocurrency wallet that will offer advanced users increased coin support and expansive staking features. This will allow for a more dynamic interaction with decentralized finance (DeFi) protocols, through the convenience of a mobile app, while being protected from malicious actors with enhanced military-grade security.

The CoolWallet Pro provides secure staking support for Polkadot (DOT), Cosmos (ATOM), and Tron (TRX) at launch, as well as enhanced features to facilitate the support of DeFi protocols, NFT collectibles, DApps, airdrops, and other emerging crypto products and services.

DeFi, Dapp, and NFT in-app integration will be available for CoolWallet Pro users in Quarter 3 of 2021, while support for other leading smart contract-based networks like ETH 2.0 and Cardano (ADA) are also on the roadmap for 2021.

CoolWallet Pro is now available to order through the official CoolBitX website and selected retailers, and orders will be fulfilled from 24 May 2021. You can refer to Retailers Page for the full list of official retailers.

Michael Ou, CEO and founder of CoolBitX:

“Our goal since 2014 has been to foster the mainstream adoption of crypto assets. Today, this vision is being realized for the cryptocurrency industry thanks to the continued adoption of Bitcoin and the proliferation of innovative financial products and services such as Proof-of-Stake (PoS), DeFi and DApps that are creating compelling new use cases for cryptocurrency ownership and redefining the way we view digital assets.

Our CoolWallet community has demanded a bridge to participate in this new economy, that matches and even improves the security and convenience they are used to with CoolWallet S. We are extremely proud to make this a reality with CoolWallet Pro, working with our staking infrastructure partners Staked and other trusted partners during this historic period of digital asset adoption to allow users to spend, lend, borrow, and invest their tokens at their leisure anytime, anywhere, thus maximising the value of their crypto assets.”
Michael Ou, CEO and founder of CoolBitX

CoolWallet Pro: What's New?

New features of the CoolWallet Pro include:

- Staking functionality

Users can now stake cryptocurrencies to mine PoS coin rewards, including PolkaDot, Tron and Cosmos

- Additional coin support and staking: DOT, ATOM and TRX

In addition to Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Stellar (XLM), Binance Coin (BNB), Tether (USDT), and all ERC20 tokens, the CoolWallet Pro will also support these 3 staking coins at launch:

Polkadot (DOT)
Cosmos (ATOM)
Tron (TRX)

CoolWallet Pro will support all new coins planned on the roadmap such as ETH 2.0, Tezos (XTZ) and Cardano (ADA).

- Upgraded security: EAL6+ Secure Element

CoolWallet Pro boasts an improved secure element, the CC EAL 6+ military-grade hardware security chip (which permanently locks away the private key), featuring unsurpassed industry security standards, as well as multiple authentication mechanisms.

These biometric verifications include:

PIN code,
biometric verifications
and a physical confirmation button press before a transaction is authorized.

CoolWallet Pro vs CoolWallet S: How are they different?

An important question that our users want to know is why CoolBitX created the CoolWallet Pro. Well, the answer is pretty simple. As the cryptocurrency industry continuously innovates and evolves, so should we. To stagnate and rest on your laurels in the field of crypto security and cold storage is simply not an option.

With new innovations like DeFi, NFTs and Dapps on multiple new networks exploding in popularity, we needed to ensure we don't only look after our existing customers, but also advance the limits of what cold storage devices are capable of. This desire to continuously create something new is part and parcel of CoolBitX culture and runs like a golden thread through the short but storied history of the CoolWallet.

The CoolWallet was first introduced by CoolBitX in 2014 as the world's first bluetooth-enabled hardware wallet, later to be replaced by the CoolWallet S which has sold over 200,000 wallets worldwide since, and has gained global recognition through several awards including the winner of the ‘Product Design' category by Aite Group's 2019 Digital Wallet Innovation Awards. Charlie Lee, the creator of Litecoin, has also given his official endorsement of CoolWallet S.

With the addition of the CoolWallet Pro to the pioneering line of CoolWallet products, crypto users now have two distinct choices to cater to their needs: