technology
Coconut Wallet Enables Hot Wallet Creation And Restore
By Roll · Chief of Staff · 19 Oct 2026
The Bitcoin wallet app released version 0.20.0 on Oct. 18, 2026 with several new features for users. The update focused on hot wallets and goal tracking.
How can Bitcoin users manage multiple hot wallets with specific targets in one place?
The Bitcoin wallet’s 0.20.0 update, published on Oct. 18, 2026, let users create or restore hot wallets that signed transactions on the device and set a bitcoin goal for each wallet. NFA.
Release Overview
Coconut Wallet 0.20.0, a Bitcoin wallet app, was released on Oct. 18, 2026. The developer listed on its App Store page is Nonce Lab Inc. The release notes detail several additions centered on hot wallet functions.
Hot Wallet Features
Per the release notes, the app added single-signature hot wallets that users could create or restore. A hot wallet could be restored from a mnemonic or a Seed QR code. Hot wallets supported a passphrase and signed transactions on the device.
Backup And Sending Options
Per the notes, the update added steps to back up and confirm the mnemonic. A hot wallet could send bitcoin to a watch-only wallet in the app.
Goal Tracking Tools
Per the notes, users could set a bitcoin target amount for each wallet and see progress as a graph. A setting let users choose the decimal and thousands separators.
Screen Updates
Per the notes, the home screen, the wallets screen, the wallet details screen and the UTXO screens were redesigned.
The changes center on practical wallet operations. Each addition addresses separate aspects of wallet management without overlapping functions. The hot wallet tools stand apart from the goal display elements. The screen redesigns affect navigation across multiple areas.
Users gain the ability to handle creation and restore paths in the same update. The signing process stays on the device while the goal view uses a graph format. Number display adjustments provide a separate control for presentation.
The release notes group the items into clear categories. Hot wallet functions include creation, restore, passphrase support and on-device actions. Backup steps receive dedicated attention alongside sending capabilities to watch-only setups. Goal tracking receives its own section with progress visuals.
Screen changes cover the main areas users interact with daily. The home screen receives attention along with the wallets and details views. UTXO screens also fall under the redesign list.
All details remain tied to the stated release date and the listed items from the notes. The developer attribution comes directly from the App Store page reference in the release materials. No additional claims extend beyond these points.
The update sequence keeps each element distinct. Single-signature hot wallets receive focus separate from the goal setting mechanism. Mnemonic handling and Seed QR options appear together in the restore description. On-device signing stands as its own listed capability.
Progress graphs for goals operate independently from the number format settings. Redesigned screens provide a consistent update across listed views without altering the core wallet logic described elsewhere.
The facts from the release notes form the complete basis for these descriptions. Each listed item receives equal treatment in the summary. The date of Oct. 18, 2026 anchors the entire set of changes.