Coin Wallet

What is Coin Wallet

Coin Wallet is a self-custodial cryptocurrency wallet operated by CoinSpace, LLC. Founded in 2015, the project claims over 24 million wallets created across 190 countries as of 2026-05-30. It supports a broad range of assets including Bitcoin (BTC), Monero (XMR), Ethereum (ETH), Solana (SOL), XRP, Litecoin (LTC), Dogecoin (DOGE), and numerous L2 tokens across Arbitrum, Avalanche, Base, Optimism, and Polygon.

The wallet is available across most major platforms: iOS 11+, Android 5.1+, Windows 10+, macOS 10.10+, Linux via Snap Store, and as a web wallet. Notably, Coin Wallet also maintains a Tor-accessible version, which aligns with privacy-conscious user expectations.

How no-KYC is it?

The no-KYC status of Coin Wallet is conditional and tiered, a significant departure from the "Shotgun KYC" label in the older kycnot.me metadata.

• Wallet creation and basic custody: No email, phone, or ID required. Users generate wallets locally with BIP39 passphrase encryption.
• Send/receive crypto: Fully KYC-free for self-custodial transactions.
• Buy, sell, and swap features: These integrated services appear to route through third-party providers. The Terms of Service and feature pages indicate that fiat on-ramps and certain crypto-to-crypto conversions trigger identity verification requirements. This mirrors the "Soft KYC" or "tiered KYC" model common in wallets that embed MoonPay, Simplex, or similar services.

Privacy purists should treat Coin Wallet as KYC-free for storage and sending only, not for its full feature set.

Privacy & security

Coin Wallet implements several security measures grounded in industry standards:

• Client-side AES-256 encryption
• Mandatory BIP39 passphrase at wallet creation
• PIN or biometric login (4-digit PIN or device biometrics)
• FIDO-certified security key support as second factor for sensitive actions
• Private keys created and stored locally on device, not on company servers

The Privacy Policy (v1.8) states that CoinSpace LLC treats privacy as "of utmost importance" and claims compliance with data protection frameworks. However, the policy also acknowledges collection of "Personal Data" as defined under privacy regulations, which includes identifiable natural person data. The Terms of Service were last updated January 19, 2026.

The Tor wallet option provides additional network-level privacy for users accessing the service via .onion, though this does not obfuscate blockchain transactions.

Payments, fees & limits

Coin Wallet charges no deposit fees. Transaction fees vary by network and include both network fees and wallet-imposed percentages:

• Bitcoin: Network fee + 0.5% (minimum $0.30, maximum $100) + 0.0000192 BTC flat fee
• Bitcoin Cash: Network fee + 0.05% (minimum $0, maximum $50) + 0.0000192 BCH
• Cardano: Network fee + 0.5% (minimum $0.30, maximum $100)
• Dash: Network fee + 0.5% (minimum $0.10, maximum $50) + 0.0000192 DASH
• Dogecoin: Network fee + 0.5% (minimum $0.10, maximum $50) + 0.00192 DOGE
• Ethereum/ERC-20: Network fee only (no percentage markup stated)

The fee structure suggests Coin Wallet monetizes through spreads on certain chains rather than subscription or download fees. Users should verify real-time fees before transacting, as network conditions fluctuate.

User experience & support

Coin Wallet offers broad language support, over 20 languages including English, Spanish, French, German, Russian, Ukrainian, Korean, Japanese, Chinese, and Southeast Asian options. The interface emphasizes "instant transactions" and cross-platform synchronization.

Third-party reviews from 2026 generally categorize Coin Wallet among functional multicurrency wallets, though it rarely appears in top-tier roundups dominated by Ledger, Trezor, MetaMask, and Trust Wallet. No major security breaches or exit scams surfaced in the evidence search, though the SERPs returned no specific Coin Wallet incident reports, neither strongly positive nor strongly negative.

The wallet's DEX integration and multichain support position it as a generalist tool rather than a privacy-specialized option.

Who it's for

Coin Wallet suits users seeking a convenient, self-custodial multicurrency wallet with Monero and Bitcoin support who primarily need storage and sending capabilities. It works best for those comfortable with occasional KYC exposure when using built-in buy/sell features, or who can route around those features entirely by funding the wallet externally.

Pure no-KYC advocates and Monero-focused users may prefer wallets with stronger privacy guarantees and no integrated fiat bridges, such as Feather, Monero GUI, or pure Bitcoin wallets like Sparrow. Coin Wallet occupies a middle ground: genuinely self-custodial, but not fully anonymous across all functions.