Introduction
Coins Wallet is a blockchain digital asset hardware wallet launched in 2016 by Beijing Coins Information Technology Co., Ltd. It combines hardware cold storage with a connected mobile app, offering a secure solution for managing cryptocurrencies.
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Key Features
- Cold/Hot Separation Architecture: Private keys remain offline via QR codes and Bluetooth.
- Multi-Layer Encryption: Supports NFC, QR codes, and Bluetooth for secure transactions.
- Enterprise-Grade Security: Real-time address verification and transaction monitoring.
Product Architecture
Coins Wallet operates on a dual-module system:
Hardware Module
- Generates and signs transactions offline.
- Isolates private keys from internet exposure.
Software Module
- Manages balance queries and broadcasts signed transactions.
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Core Technologies
| Technology | Description |
|------------------------|------------|
| Cold/Hot Separation | Prevents remote hacking by keeping keys offline. |
| Encrypted Transfers | Uses QR/NFC/Bluetooth for data transmission. |
| Address Verification | Automatically detects fraudulent wallet addresses. |
Development Timeline
- 2016: Company founded; first hardware wallet released.
- 2017: Android app launched ($1M Series A funding secured).
- 2018: Expanded enterprise wallet solutions.
- 2023: iOS version 1.0.0 released.
- 2025: Company officially dissolved.
Core Team
- Yuan Dawei (CEO): Former co-founder of a major blockchain platform.
- Zhou Yefei (CTO): Blockchain lecturer at Tsinghua University.
- Sun Zeyu (Co-founder): Partner at Genesis Capital.
Funding & Business Status
- Series A (2017): $10M from Blockchain Capital.
- Equity Financing (2018): Undisclosed amount.
- 2025: Company deregistered.
FAQs
❓ Is Coins Wallet still operational?
No, the company ceased operations in 2025.
❓ How does cold storage enhance security?
Private keys never connect to the internet, eliminating remote hacking risks.
❓ What cryptocurrencies were supported?
Exact details unavailable, but it likely included BTC, ETH, and major altcoins.
Final Thoughts
Coins Wallet pioneered secure cold storage before discontinuation. For modern alternatives, research wallets emphasizing air-gapped security and multi-chain support.
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