In this paper, a high temperature and amorphous alloy coating of Co26Cr26Mo26Nb7B15 was prepared by high-velocity oxy-fuel spraying. The phase structure, thermodynamic properties, hardness, friction and wear behaviors, and corrosion behavior and its mechanism were studied. The results showed that the glass transition temperature of the coating reached to 1058 K, and the hardness was as high as 1589.4 HV. The amorphous alloy coating of Co26Cr26Mo26Nb7B15 exhibited excellent wear resistance. Its friction coefficient was only 0.1152, which was about 25 % of 316 stainless steel, and the wear volume was only 0.1338 mm3. Additionally, the coating presented excellent corrosion resistance in 1 M hydrochloric acid solution, with the corrosion current density of 1.04 × 10−5 A·cm−2, and corrosion voltage of −0.32 V vs SCE.