Cryptocurrency

Now You Can Manage Bitcoin Gold (BTG) With ColdLar Hardware Wallets

eToro

The official Twitter handle of Bitcoin Gold has recently posted that the users can now manage their Bitcoin Gold coins with ColdLar Hardware wallets. In the post, BTG touched upon points such as better management, a much more efficient interface for better user experience, ‘high-resolution screens, encrypted data transmission’ and so on.

The ColdLar Wallets-

As of now, there are six types of ColdLar wallets. They are- ColdLar Touch, ColdLarPro 3, ColdLar Pro 2 Plus, ColdLar Pro 2, ColdLar Pro 1, and ColdLar Pro Gold. The first three are still available for buying, whereas the last three are sold out.

As per the official website of ColdLar, ColdLar Touch is secure and easy to use the wallet. It can interact with the app via NFC. With ColdLar Pro 3, the user can keep a check on the account, do transactions, and ‘add NFC update synchronization.’ When it comes to ColdLar Pro 2 Plus, it is a functional wallet. It can support more crypto tokens, and the user can enjoy many features of account management.

So what are ColdLar App all about?

Well, ColdLar Hardware wallets come with feature-rich user experience. These features include special attention to the security and privacy of the user, real-time monitoring of assets in the cold wallet, good insight on the market updates; it also comes with multi-national languages to give the user- a more comfortable user experience. As f now, given that the downloading of the virtual currency application is not permissible in China zone of App store, therefore the company requests its users to download it through their Apple ID.

The multi-signature management system of ColdLar-

It is designed for big amounts of crypto-based assets by enterprise management. It comes with features such as security of the system which involves ‘localized server deployment,’ gives the user access which is not dependent on the intranet and is packed with a requirement of authorization at several stages.

During the transaction process, the system offers a great ‘risk control engine,’ ‘power responsibility logic,’ high speed, user-friendly setup, and a smooth approval structure. When it comes to the core functions of the system, it involves things such as ‘White List Address Library, Remote signature/approval, Process engine configuration, Multi-signature,’ and so on. Moreover, it supports several currencies too. They include- Bitcoin BTC, Ethereum ETH, Bitcoin Cash BCH, Litecoin LTC, Tether USDT, Dash DASH, and Dodge.

On 26th March, ColdLar also participated in the REAL Blockchain Summit that was held in Singapore. In this summit, big names of the crypto land participated, that included- Dr. Yu Jianing- President of Huobi, Dr. Zhou Hongming the founder and the CEO of HomiEX, Block VC CEO Chen Jiu, Zhang Yu the COO and the Co-founder of ColdLar Wallet, etc.

In the summit, Yu, the co-founder and the COO of ColdLar wallet expressed his views around how the blockchain technology is about ‘financial science and technology.’ According to Yu, currently, there are two hindrances, which include- lack of great security in the blockchain industry, and the high threshold of participation in the crypto world. According to him the breakthrough of the digital asset payment technology should reap good results in the coming future.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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