Is Coinomi Wallet safe?
Coinomi stores your wallet’s private keys on your device. Strong encryption and cryptography safeguard your funds. For sensitive acts, such as withdrawals, you will also need to set a password and it is also part of the encryption of the recovery expression.
Coinomi is a very safe wallet because it gives you full control of your own private keys and offers outstanding overall encryption. You can also set up a seed passphrase, which not only gives you an additional layer of protection but also helps you to quickly restore your wallet to another device. The wallet is also open-source, which means the core code is open to the public and it has already been tested by countless users.