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Litecoin Foundation and CoolBitX to launch their hardware wallet in the U.S. - Litecoin News

14 september 2018, 20:19 by Jesús S. Affigne

Litecoin Cryptocurrency News

Litecoin Foundation and CoolBitX to launch their hardware wallet in the U.S.

The mobile hardware wallet aims to make its debut in the North-American country

Hardware wallets manufacturer CoolBitX has recently announced a partnership with the Litecoin Foundation to expand distribution of their cryptocurrency hardware wallet – the CoolWallet S – to American territory.

According to the announcement, the project seeks to open a new office in the United States to reach a wider audience and contribute to the mass adoption of cryptocurrency use in a daily-basis. CoolBitX CEO Michael Ou expressed his thoughts on the idea:

“We’re proud to be launching the CoolWallet S in America, as a bridge between blockchain and greater audiences.”

For his part, Litecoin founder and CEO Charlie Lee – who is also part of the partnership – believes that the CoolWallet S is one of the best hardware wallets out there, and it will prove to be essential for the mass adoption. “It combines the security of hardware wallets with the ease of use of mobile wallets, a crucial step towards mass adoption,” he said.

Next-gen mobile hardware wallet

The CoolWallet S is a wireless, physical cryptocurrency wallet the size and thickness of a credit card, and it is marketed as “the first truly mobile hardware wallet.” Released earlier this year, the product is capable of working without the need of being connected to a computer via a USB cable. Instead, it can be synched with a smartphone to operate and make transactions when needed.

Other features of this crypto-wallet are support for Bitcoin, Litecoin, Ethereum, XRP, Bitcoin Cash and ERC20 Tokens, with the possibility of adding more via over-the-air updates; Bluetooth connectivity, cold storage, damage-proof, and support for Android and iOS.

As part of the announcement, the company reported it has lowered the price of the wallet to $99.

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