App Profile: Coincast — Send Crypto

With Coincast, you can store Bitcoin and Ethereum locally on your phone via a Coincast wallet.

Own your own private keys, Coincast does not have access to your funds, no one does but you!

Your wallet is protected via an access PIN. By utilizing state of the art argon2 key derivation functions and high-entropy peppering, your funds are more than secured against even the most advanced coordinated super computer attacks.

Sending crypto is as simple as sending a text message. You simply text the crypto to a specific phone number and Coincast does the rest. The funds will be stored in an intermediary wallet with high-entropy access via a withdraw code which gets texted to your recipient. This code can be used at any time in the future by them to access the intermediary wallet and withdraw the funds. They do not need a Coincast account to receive funds. They can, at a future date, create a Coincast wallet and withdraw the funds into their wallet.

Managing your own crypto and sending crypto to friends has never been easier! If you can send a text message, you can interact with the Bitcoin and Ethereum blockchains.

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Coincast utilizes Recoverable Private Key (RPK) technology. Your private keys are never stored anywhere, they are regenerated from scratch as you need them via complex/secure algorithms which utilize your PIN and "random bits". If you get a new device, you can regenerate your wallet on that device with your PIN, transferring is easy and secure. PINs are easier to remember, being only 8 or 9 characters in length depending on your device's processing power.