In this article: Cobo Vault review, we’re linking you to one of the most secure and safe cold wallets for your assets.
Despite the continuous security development of hot wallets, many reasons make it not the best place to keep your assets.
As the world advances, also hackers advance. That’s why you never want to keep your private keys online.
However, hardware wallets, also known as cold wallets, are created by security experts to keep your private keys safe and sound. Cold wallets come with significant security features to secure your private keys as much as possible.
That’s why in this Cobo Vault review, we’re going to introduce to you one of the best air-gapped cold wallets for your assets to keep it away from theft, hackers, and viruses.
Table of Contents
- About Cobo Vault.
- Getting Started with Cobo Vault.
About Cobo Vault.
Cobo Vault has pioneered the hardware wallet industry. Also, it has the first open-source Secure Element firmware. Furthermore, It allows you to see how private keys are derived from physically generated entropy (TRNG), stay entirely confident.
Cobo Vault Features.
During our Cobo Vault review, we found an abundance of features that comes with Cobo Vault. We’re going to list all of Cobo Vault’s features for you.
Unlike many other hardware wallets that have USB ports and Bluetooth, Cobo Vault is in complete isolation. Your private keys are stored on cold storage, and for making transactions, you need to scan the QR code displayed on Cobo Vault’s screen.
Cobo Vault is water-resistant and reaches IP68 standards, which means it is resistant to submersion up to a maximum depth of 1.5m underwater for up to thirty minutes.
Moreover, The complete device with the body and battery implanted into the case can resist up to 20 joules of impact, which is equal to the force of a 5 kg mass dropped from 400 mm above the impacted surface.
Having a device with open-source firmware is really helpful. Many security experts contributed to Cobo Vault. Also, Contributors will help to fix any detected bug faster than other cold wallets.
Some people might not like typing their PIN in public. Cobo Vault has a fingerprint to unlock and confirm transactions.
Indeed, Cobo Vault supports most of the coins out there like Bitcoins, Ethereum, Ripple, and more. Also, you can check the complete list here.
What Happens If I Lost My Cobo Vault Device?
Like any other hardware wallet, Cobo Vault generates a recovery phrase to restore your wallet in case of loss. Also, you can restore your wallet into another Cobo Vault or on any device meeting the BIP 32, 39, and 44 protocols.
Is Cobo Vault Safe?
Cobo Vault is an air-gapped hardware wallet, which means it’s never connected to the outside world. Furthermore, Cobo Vault is fire resistant and waterproof.
Moreover, in case of any physical attacks, the Cobo vault detects it and completely wipes itself to keep your private keys safe.
Is Cobo Vault Easy to Use?
We find Cobo Vault simple and easy to use. By scanning QR codes, you can sign your transactions with security and simplicity.
How Does Cobo Vault Work?
To receive transactions, you can get your public address by scanning the QR code displayed on Cobo Vault’s screen. And for Singing out transactions, you need to scan the recipient’s address using the Cobo Vault camera.
What’s Cobo Vault Pro Pricing?
You can get Cobo Vault Pro at $169, which we find a very reasonable price. Also, you can shop for Cobo Vault Pro here.
What Comes with Cobo Vault Box?
- Cobo Vault Pro
- AAA battery holder
- Rechargeable battery
- Charging cable
What Are Cobo Vault Hardware Specs?
- Size: 112mm x 65mm x 18mm Weight: 115 g (without batteries)
- 4″ touchscreen
Getting Started with Cobo Vault.
Getting your new hardware wallet Cobo Vault started takes you only a couple of minutes. However, we’re going to explain step by step how to set up and use your Cobo Vault wallet.
Download Cobo Vault App.
The Cobo Vault wallet works with Cobo Vault mobile app that is compatible with both android and iPhone. Also, you can download it from their website.
Start Cobo Vault Device.
Now, you need to power up the Cobo Vault device using the power button in the body. Furthermore, Cobo Vault will take you through creating your wallet and confirming your seed phrase.
Proceeding with Transactions.
For receiving coins, in your Cobo Vault mobile app, click on ‘Receive,’ then you can copy or scan your public address for transactions.
And for signing out transactions, on the Cobo Vault app, click on ‘Send’ then it’ll ask you to scan a displayed QR code on your phone using Cobo Vault’s camera. After that, the Cobo Vault screen will display your transaction information on the Cobo Vault screen, and you can scan the QR code displayed on it to sign the transaction.
There’s no doubt that you need to get a hardware wallet, especially if your business grows up. Your wallet’s private keys unlock all of the doors to your business.
We believe that the Cobo Vault hardware wallet guarantees safety and security for your private keys. We’d definitely recommend getting Cobo Vault as much as we’d recommend reading the following pros and cons before getting it.
- Anti physical attacks
- Large screen for viewing and signing out transactions
- Fingerprint sensor
- A lot of coins support
- Open-source firmware
- Doesn’t support coins swapping like we’ve seen in many other hardware wallets
If you don’t like Cobo Vault, or you’re looking for more than what Cobo Vault provides, No problem. We’ll link you with many other alternatives for Cobo Vault, and we have reviewed all of them. So make sure to check the review and make up your mind.
Finally, we’d love to hear from you in the comments section. What do you think of this Cobo Vault Pro review? And what more options are you looking for in the future generations of Cobo Vault?