Cold Wallet Attracts 2 Million Users With 100 Cashback On Gas Fees

Millions of crypto users are shifting from traditional self-custody wallets like MetaMask to newer platforms that prioritize simplicity and user rewards, according to recent reports. Cold Wallet, a rising entrant in the space, has emerged as a compelling alternative by combining ease of use with an integrated cashback system. Within seven months, the platform has attracted over 2 million active wallets, signaling a growing trend toward reward-based crypto apps[1].

The shift began after Cold Wallet acquired Plus Wallet, a user-friendly platform, for $270 million. This strategic move not only expanded Cold Wallet’s user base but also brought in working systems that users had already trusted. Now, Cold Wallet offers users cashback on every transaction, a feature that MetaMask and other leading wallets have not yet implemented[1].

Cold Wallet’s model simplifies crypto interactions by offering cashback rewards for common activities such as gas fees, token swaps, and fiat on-ramps. Users receive CWT tokens as a reward, with top-tier users eligible for up to 100% cashback on gas fees. The wallet avoids complex features like dashboards or staking tools, making it accessible to a broader audience[1].

The platform’s presale has seen strong participation, raising $5.7 million through Stage 16, with CWT priced at $0.00942. The planned launch price of $0.3517 suggests a potential return of 3,633% for early buyers. Moreover, users who refer others to the platform earn USDT cashback and additional CWT bonuses, accelerating Cold Wallet’s growth[1].

A key differentiator is the referral system, which incentivizes early users by allowing them to earn rewards even before CWT’s official launch. This system fosters a network effect, with users benefiting from increased activity and higher cashback tiers as the platform scales. Cold Wallet is now viewed not just as a presale opportunity but as a functional ecosystem where users can earn continuously[1].

Cold Wallet’s pricing model also appeals to both casual and active traders. A $1,000 investment currently yields approximately 106,000 CWT tokens, with an estimated value of over $37,000 at the launch price. Unlike traditional wallets that charge fees, Cold Wallet returns value to users as they transact, reinforcing its appeal in a competitive market[1].

As the platform grows, Cold Wallet is positioning itself as a modern alternative to traditional crypto wallets. With over 2 million active users and presale stages closing rapidly, the platform is gaining traction as a model for the future of crypto user experience—simpler, more rewarding, and more accessible[1].

Source: [1] Cold Wallet or MetaMask? Why Millions Prefer Simpler, Reward-Based Crypto Apps (https://timestabloid.com/cold-wallet-or-metamask-why-millions-prefer-simpler-reward/)