conio review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Conio is a free custodial mobile wallet aimed at Italian and European holders who want regulated custody and easy card or bank top ups, not cheap trading. The overall score of 6.1 reflects a cost part of 7.7 and an offer part of 3.9.
Key facts
- Best for
- A free, regulated custodial wallet for euro and crypto holders in Italy.
- Wallet type
- Mobile↗
- Price
- €0↗
- Custody
- Custodial↗
- Coins supported
- 25↗
- Backup options
- Recovery-service↗
- Legal entity
- CONIO S.R.L.↗
- Headquarters
- Italy↗
- Founded
- 2015↗
- Support channels
- Email, Chat, Help-centre↗
- Features
- Custodial, Self-custody
- Official website
- conio.com
Crypto exchanges
- Taker fee
- 0.99%↗
- Coins listed
- 25↗
- Regulators
- Consob (with approval of the Bank of Italy), listed in the ESMA MiCA CASP public register, Commissione Nazionale per le Societa e la Borsa (CONSOB)↗
- Fiat deposit methods
- Card, Bank↗
- Withdrawal fee
- EUR 2 bank transfer; mining fee when sending Bitcoin↗
- Derivatives
- No↗
- Exchange type
- Cex↗
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Elsewhere
- LinkedInXinstagram.comlink.conio.com
Pros and cons
Pros
- Price ranks 1 of 121 on the site, and the app costs €0.
- Custody is custodial, with custodial and self custody options covered in the same app.
- Fiat deposits run by card and bank, so funding does not depend on a single rail.
- Backup runs through a recovery service, so recovery does not lean on a paper seed phrase.
Cons
- Trading is charged at 0.99% a trade, well above the site median of 0.25%.
- Only 25 coins are listed, under the site median of 71.5.
- Support runs on email, chat and help centre, with no phone line among the options.
Who it suits
- Italian and European holders who want regulated custodial storage and pay €0 for the app.
- People who fund by card and bank and keep a single provider for buying and holding.
- Long term holders comfortable with a recovery service instead of their own seed phrase.
Who should look elsewhere
- Active traders, since 0.99% per trade adds up fast, and Trezor is a hardware wallet instead.
- Buyers who track a long coin list, since Bitpanda covers 650 coins against conio's 25.
- People set on holding their own keys, because conio is custodial while Trezor is a hardware wallet.
Deposit protection
Conio runs a custodial setup, so the firm holds the assets rather than the customer keeping the keys. That model sits under an Italian registration, with licence MiCA CASP 8945000EH59XYZHK0B92 held by Commissione Nazionale per le Societa e la Borsa. Custody is the point of the product, and that licence is the register entry to check.
How it compares on our data
Price is the strong side here: conio sits at 1 of 121 brands on price. Coin coverage sits lower, at 70 of 111 on coins supported. That split is the shape of the overall score of 6.1, and the same gap runs through cost and offer.
How conio compares
9.3 vs 9.1
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 8.5
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 9.2
9.3 vs 8.7
9.3 vs 9.3
9.3 vs 9.0
9.3 vs 9.5
9.3 vs 9.0A hardware wallet for keeping keys yourself, where conio is custodial and adds card and bank top ups.
9.3 vs 8.6
9.3 vs 8.5
9.3 vs 8.3
9.3 vs 9.6
9.3 vs 9.5
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.3
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 8.8
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 8.5
9.3 vs 8.4- 9.3 vs 8.0
Where conio is available
- Available
- Italy
- Licence in Italy
- ESMA (MiCAR CASP public register), checked September 26, 2026
- Licence in Italy
- Commissione Nazionale per le Societa e la Borsa (CONSOB) (MiCA CASP 8945000EH59XYZHK0B92), checked September 26, 2026, also valid in Italy
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to use conio?+
The app is €0 and the wallet is mobile, so there is no subscription to pay. Trading is charged at 0.99% per trade, and withdrawals cost EUR 2 bank transfer; mining fee when sending Bitcoin. If you only hold and convert, the entry cost is the whole picture.
Who actually holds the crypto?+
Custody is custodial, which means conio holds the assets on your behalf rather than giving you the keys. The app also describes custodial and self custody options, so a self custody route sits alongside the custodial one. The choice of which way the balance rests stays with you.
Is conio regulated?+
The firm operates as CONIO S.R.L., an Italian company listed with Consob (with approval of the Bank of Italy), listed in the ESMA MiCA CASP public register and Commissione Nazionale per le Societa e la Borsa (CONSOB). The register entry can be checked there. A registered firm still carries counterparty risk, so treat balances as held by a company.
How do I add euros and take money out?+
Deposits run by card and bank, so a bank transfer and a card are both accepted. On the way out, EUR 2 bank transfer; mining fee when sending Bitcoin applies. Pick the channel that matches the amount you move rather than assuming both settle at the same speed.
How many coins can I hold?+
Conio lists 25 coins, which sits under the site median of 71.5 and under the wallet median of 46. Coverage is ample for common tokens and thin for long tail lists.
What happens if I lose my phone?+
Backup runs through a recovery service, so recovery is handled by conio rather than by a seed phrase you must store yourself. The trade-off is control: a recovery service is easier, but it keeps you dependent on the provider.
Can I trade on conio or use leverage?+
Conio is a cex as well as a wallet, so buying and selling happens inside the app. Derivatives are not offered, which keeps things spot only. Trading is where the 0.99% charge bites hardest, especially on frequent smaller trades.
How do I reach support?+
Support runs on email, chat and help centre. There is a self service help centre, live chat and email, but no phone line, so time sensitive problems go through chat or email instead. Keep your transaction reference handy, since it speeds up a query either way.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“ae_homeMemberState=IT”
- conio.com checked September 26, 2026
Backs: Custody, Founded
“authorized, having obtained a license as a CASP under Regulation (EU) 2023/1114”
- conio.com/en checked September 26, 2026
Backs: Derivatives, Exchange type
“authorized, having obtained a license as a CASP under Regulation (EU) 2023/1114 (MiCAR), to offer the following services: providing custody and administration of crypto-assets on behalf of clients,...”
- conio.com/en/crypto checked September 26, 2026
Backs: Coins listed, Coins supported
“All cryptocurrencies”
- conio.com/en/support/contact checked September 26, 2026
Backs: Support channels
“For any questions, write to us at support@conio.com or use the chat here or in the app.”
- conio.com/en/support/faq/conio-fees-and-minimum-limits checked September 26, 2026
Backs: Fiat deposit methods, Price, Taker fee, Wallet type, Withdrawal fee
“Deposit Cash Balance with a debit or credit card: 2% fee; Deposit Cash Balance via bank transfer: EUR 1 fee”
- conio.com/en/support/faq/how-does-cryptocurrency-custody-... checked September 26, 2026
Backs: Features
“With Conio's custody service, you can securely store the cryptocurrencies held in the Assets section within the app”
- conio.com/en/wallet checked September 26, 2026
Backs: Backup options
“It is an extraordinary procedure - the exclusive Conio patented system - that allows you to recover your funds even if you lose the private key to your Wallet.”
- conio.com/promo/micar-license-press-release checked September 26, 2026
Backs: Regulators
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.