We noticed some concerning movements in USDC/USDN vault and decided to take prompt action to safeguard our investors. Thanks to our quick turnaround, most of our customers came out of this incident unscathed. About USDN USDN is an algorithmic stable coin backed by WAVES, the mechanism where users can mint USDN (which carries an average…
Category: Coinomo
Information about Coinomo App
Choosing the Right DeFi Wallet
What is a DeFi Wallet? Is it Different from Other Crypto Wallets? To transact in crypto you must possess a crypto wallet. Usually, every large crypto exchange already have a integrated crypto wallet. Likewise for DeFi platforms. A DeFi wallet is needed to invest in DeFi. DeFi wallets are different from the custodial wallets that…
Crypto : What is the difference between a DeFi wallet and a custodian exchanges wallet
What is the difference between a DeFi wallet and a custodian exchanges wallet in the crypto world? Let’s discuss the differences between the two wallets. There are many digital currencies available to invest, exchange and store. Because investors experiment with growing portfolios. They see more alternatives to keep them safe. Crypto custodian wallets or traditional…
How to Withdraw Funds from Coinomo
For the purpose of this tutorial, we will use examples that are relevant to the Indonesian crypto space, although the process remains largely similar and can be easily navigated even without the use of this guide. To withdraw funds from Coinomo, you need to prepare a personal wallet such as Metamask or a wallet on…
How to Deposit Rupiah in Coinomo
This guide is tailored specifically for our Indonesian customers on how to deposit IDRT into Coinomo. Congratulations! You have downloaded the Coinomo app and are now about to take the first step to invest or trade on the Coinomo app. Before depositing Rupiah (IDRT), please ensure that you have done KYC or Identity Verification on…
How to Verify Your Identity (KYC) on Coinomo?
Before you can deposit rupiah or make other transactions, you must first verify your identity on the Coinomo application. Identity verification is important in protecting you and other customers from fraudulent activities and other security risks. The verification process on Coinomo is simple and streamlined, and will typically take around 24 hours. This article will…