Cobo review

The listed price is $299 to $999, which is the outlay for the wallet rather than a monthly subscription. That is a real entry cost for anyone buying a first wallet, and it sits well above the median wallet price of €0 across wallet brands on the site.

Custody is custodial, so a provider holds the keys rather than you. That removes the job of writing down and protecting a recovery phrase, and it also means your access runs through the provider. Nebeus runs on self custody, which is the opposite arrangement.

Coin coverage is 3,000, which is wide for a software wallet and well past the median of 49 in the category. A long list is the main draw, so anyone running a broad portfolio can keep it in one place.

Key handling is described as HSM and Intel SGX, which is hardware built to hold and use keys rather than software alone. That points at an institutional setup rather than a consumer app, though the keys still sit with the provider because custody is custodial.

No purchase is needed for the wallet type itself, since it is software. Trezor is a hardware wallet, so a device is the product there. If you want keys held offline in your own hands, that is a different category from a custodial software wallet.

Custody is custodial and key handling is HSM and Intel SGX, which reads as a provider built for organisations rather than a personal self-custody account. Anyone who wants the keys in their own hands will find Nebeus (self custody) a closer fit.

Cobo was founded in 2017 and is headquartered in Singapore. Being an established firm rather than a new app matters most in a custodial setup, where a provider holds access to your balance for the long term.