I mostly use my Kindle but I also have a Kobo and I can put books in my Dropbox folder and then use my Kobo's browser to retrieve them. It's a bit clumsy since the full file name of most books is too big to fit on the Kobo's browser screen so I sometimes prefex long names with a simple identifier of some sort. Other than that doing it is trivial.
Personally I prefer the Kindle to the Kobo but they're both good devices and the differences don't matter a lot to me. I wouldn't hesitate to recommend either.
Barry
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