Hoo Wallet vs Nexo Wallet Comparison

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Company
User rating User rating 4 / 5 1 user review User rating 3.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5
Trust Score How it works Trust Score 4.26 / 5 Trust Score 3.39 / 5

About

Headquartered in Hong Kong, the Hoo Wallet is a multi-cryptocurrency hardware wallet. It provides users with blockchain assets management services.
Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.

Founding Date

2018 2017

Country

Hong Kong International

Languages

English, Japanese, Korean, Traditional Chinese, Simplified Chinese English

Wallet type

Hardware wallet Software wallet

Storage type

Cold wallet Hot wallet

Private keys

Available Not available

Available coins

0 0

Security

Personal Third Party

Anonymity

Medium Medium

Ease of use

Easy Average

Has attached card

no no

Has trading facilities

No data yes

Has vouchers and offers

No data No data

Features

Hierarchical Deterministic, Multi-Signature Hierarchical Deterministic
About
Headquartered in Hong Kong, the Hoo Wallet is a multi-cryptocurrency hardware wallet. It provides users with blockchain assets management services.
Nexo Lending platform is a blockchain-based platform that provides crypto-backed loans to its customers.
Founding Date Founding Date 2018 Founding Date 2017
Country Country Hong Kong Country International
Languages Languages English, Japanese, Korean, Traditional Chinese, Simplified Chinese Languages English
Wallet type Wallet type Hardware wallet Wallet type Software wallet
Storage type Storage type Cold wallet Storage type Hot wallet
Private keys Private keys Available Private keys Not available
Available coins Available coins 0 Available coins 0
Security Security Personal Security Third Party
Anonymity Anonymity Medium Anonymity Medium
Ease of use Ease of use Easy Ease of use Average
Has attached card Has attached card no Has attached card no
Has trading facilities Has trading facilities No data Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features Hierarchical Deterministic, Multi-Signature Features Hierarchical Deterministic

Social

Website

hoo.com nexo.io

Twitter

@Hoo_exchange @NexoFinance
Website Website hoo.com Website nexo.io
Twitter Twitter @Hoo_exchange Twitter @NexoFinance

Advantages

- Security - Easy to use - Hierarchical Deterministic - User-friendly

Disadvantages

- Lack of Two-Factor Authentication - No Open Source - Lack of Two-Factor Authentication - No Multi-Signature

Rating

User rating User rating 4 / 5 1 user review User rating 3.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5
Advantages Advantages - Security - Easy to use Advantages - Hierarchical Deterministic - User-friendly
Disadvantages Disadvantages - Lack of Two-Factor Authentication - No Open Source Disadvantages - Lack of Two-Factor Authentication - No Multi-Signature

Hoo Wallet user rating is 4, based on 1 user reviews. Nexo Wallet user rating is 3.3, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.26 / 5 Write review
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Hoo Wallet vs Nexo Wallet - Which Wallet Is Better in 2024?

This Hoo Wallet vs Nexo Wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, Hoo Wallet is rated 4 with 1 user reviews, while Nexo Wallet is rated 3.3 with 3 user reviews.

Let's finally move to overall Trust Score: