FAQ

How can I back up my wallet? What happens if I lose my phone?
Since Coinomi is an HD wallet, all you need as a backup is your Recovery Phrase. That simple list of 18 words is enough to back up all transaction histories...
Fri, 2 Feb, 2018 at 11:17 AM
How much do I have to pay to use Coinomi?
Absolutely nothing. Coinomi is a free wallet.
Wed, 31 May, 2017 at 10:19 PM
Do you charge me for accepting or sending payments?
No, we don't. Outgoing transactions require a transaction fee which goes to the miners of each coin, not to Coinomi. You can manually set a transaction...
Fri, 20 Oct, 2017 at 11:52 AM
I want to install Coinomi but Play Store is not available in my country.
You can install the APK file for the latest version directly to your device. (see also "How to install apps outside of Google Play" tutorial)
Wed, 24 Jan, 2018 at 4:33 PM
Why would you consider using a wallet that doesn't support 2FA/PIN/Fingerprint lock?
Let us consider the layers of security an attacker has to go through in order to spend your funds from Coinomi: 1 - Physical Access to the phone. 2 - A...
Sat, 10 Jun, 2017 at 12:46 AM
Do you log my activity in your servers?
No, we don't.
Thu, 1 Jun, 2017 at 12:46 AM
If a hacker penetrates your servers will he steal my coins?
Absolutely not, the private keys that control your coins are on your device, not on our servers.
Thu, 1 Jun, 2017 at 12:46 AM
What will happen if you stop developing Coinomi or shut down every server? Will I be able to recover my funds?
Absolutely. Coinomi is a decentralized service and the keys for your funds are on your device, not on our servers. On top of that, we're not planning t...
Thu, 1 Jun, 2017 at 12:58 AM
Can I deposit/withdraw FIAT (USD, EUR, etc) money into/out of Coinomi?
Unfortunately Coinomi is not accepting FIAT money or debit/credit cards. You can send, receive, and exchange any of our 85+ supported cryptocurrencies and 2...
Thu, 14 Dec, 2017 at 10:26 AM
Why do i get random errors when I try to install from Google Play Store?
Google Play Store is prone to generating odd sorts of errors. Sometimes it will fail to connect with the right service while other times it might fail to dow...
Thu, 1 Jun, 2017 at 5:44 PM