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Coinomi vs ShapeShift

How Coinomi vs ShapeShift compare on our ratings, wallet specs, funding, pros and cons.

Coinomi3.9/5
VS
ShapeShift4.2/5
Feature
CoinomiVisit
ShapeShiftVisit
Ratings
Our score3.9/54.2/5
User ratingNo reviews yetNo reviews yet
Security3.04.0
Ease of use4.04.0
Chain support4.54.5
Features4.04.0
Privacy4.54.5
Specs
KYC required No No
Wallet typeMobile, DesktopMobile, Web
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Tron, OtherEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, Other
PlatformsiOS, Android, Windows, macOS, LinuxiOS, Android
Open sourceNot disclosed Yes
Hardware wallet support No Yes
In-app swaps Yes Yes
Staking Yes Yes
NFT support YesNot disclosed
Buy crypto in app Yes Yes
WalletConnect Yes Yes
Security featuresBIP44 recovery phrase, Local key encryption, IP masking proxy, Custom node connection, UTXO controlNot disclosed
Recovery without a seed phrase NoNot disclosed
Passkey login NoNot disclosed
Multisig NoNot disclosed
Built-in dApp browser YesNot disclosed
Swap feeNot disclosed0%
Perpetuals trading NoNot disclosed
Company
Founded20142014
Headquarters—Switzerland
InvestorsNot disclosedEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3
Strengths and weaknesses
Pros
  • Native support for 50+ blockchains and 10,000+ assets in one app
  • Zero platform fees for basic sending and receiving
  • Operates without account registration or mandatory identity verification
  • Allows users to connect directly to their own Bitcoin full node
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
Cons
  • Lacks hardware wallet integrations with devices like Ledger or Trezor
  • A 2019 desktop flaw leaked seed phrases to Google's spell check API
  • Third-party swap and fiat partners charge variable spreads and fees
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
Best forMulti-chain cryptocurrency holders, Users running personal Bitcoin nodes, Cross-platform desktop and mobile tradersKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration users

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