Coinomi
Geneva multi-chain mobile and desktop wallet with 10,000+ assets and built-in swaps
Quick Overview
| Company | Loksias SA (Coinomi) |
|---|---|
| Category | Crypto Wallets |
| Headquarters | Geneva, Switzerland |
| Founded | Not stated |
| EU Presence | Yes - Switzerland (European, outside the EU) |
| Data Location | not stated on the pages we read |
| Open Source | Not stated on the pages we read |
| GDPR Compliant | Privacy policy names Loksias Sàrl and Loksias SA |
| Self-Hosting | No |
| Main Features | Multi-chain wallet, 10,000+ assets on 50+ blockchains, NFT support, HD wallet (BIP44), built-in exchange, buy and sell crypto, live chat support, 30+ languages |
| Pricing | Free to use; the site states zero Coinomi fees for sending and receiving, you pay only network fees; exchange fees not read |
| Best For | Holders who want a free multi-chain software wallet with no account signup |
| Replaces | MetaMask, Coinbase Wallet, Trust Wallet |
Detailed Review
Coinomi is operated by Loksias SA, a Swiss company registered at c/o Bridge Corporate Services Sàrl, Route de Malagnou 6, 1208 Geneva. The terms of use are governed by Swiss law, and the privacy policy also names Loksias Sàrl.
Of the European options in this list, Coinomi is the closest in shape to MetaMask: a software wallet on the phone and desktop. Coinomi states that it supports more than 10,000 assets across more than 50 blockchains, with NFT support.
What does Coinomi cost?
Coinomi presents zero fees for sending and receiving transactions, so you pay only the network fee to miners. The wallet itself is free to download.
The built-in exchange and the buy and sell features run through partners, and we did not read their fee tables.
How private is Coinomi?
Coinomi states that private keys never leave the device and that it needs no KYC to access funds. The company also says its servers hide the user's IP address from third parties.
These are vendor statements about privacy. We did not read an independent audit.
Where is Coinomi weaker than MetaMask?
The pages we read describe asset coverage, exchange and support, but do not describe a dApp browser, WalletConnect or browser extension. MetaMask is stronger for dApp access.
Coinomi offers live chat support around the clock, which is a plus for first-time users.
Limitations to Consider
Coinomi's pages do not describe a browser extension or WalletConnect, so DeFi use may be narrower than with MetaMask. Open-source status is not stated on the pages we read. Exchange and purchase fees come from partners and were not read. The company is registered through a corporate services address in Geneva. For a hardware-backed option see Tangem.
Who Should Use Coinomi
Everyday holders who want one free app for many chains and quick swaps.
Pros and Cons
Pros
- Free app on iOS, Android and desktop
- 10,000+ assets across 50+ blockchains stated
- No KYC stated for access to funds
- Zero Coinomi fee on sending and receiving
- Live chat support stated
Cons
- No dApp browser described on the pages we read
- Open-source status not stated
- Partner fees not read
- Registered office is a c/o corporate address
Alternatives to Coinomi
Other European crypto wallets worth comparing before you decide:
See all European crypto wallets or compare them directly against MetaMask on our alternatives page.
Frequently Asked Questions
Loksias SA, a company under Swiss law with a registered address at Route de Malagnou 6, 1208 Geneva, runs Coinomi according to its terms of use.
The wallet is free to use and states zero fees for sending and receiving, apart from network fees. Exchange fees were not read.
Coinomi states that there is no KYC bureaucracy to access your funds.