A brief introduction to White Label cryptocurrency wallet
According to a study published on TripleA The report states that global crypto ownership rates hover at around 4.2 percent as of 2022. This includes greater than 320 million users of crypto across the globe. The market for cryptocurrency has expanded exponentially, with people becoming aware of the significance of cryptos and their increasing importance in today's digital world. There's been an increase in individuals seeking to put their money in the cryptocurrency market
What exactly is a crypto wallet? The term "crypto wallet" refers to a software or device that stores your public and private keys to facilitate cryptocurrency transactions. It lets you keep and access your cryptocurrency. There are many kinds, like hardware wallets, software wallets as well as paper wallets and many more. The security of a wallet depends on its private keys since it grants access to cryptos that are stored within it. The public key is, however is generated from the wallet's private key . It acts as the wallet's address by which anyone can send bitcoins and other cryptos. Customers who make crypto transactions with non-custodial accounts become the bank of their choice. They can transfer using crypto wallet and pay for cryptocurrency without intervention from any intermediary third party.
The key features of a great white-label crypto wallet
Biometric authentication
The authentication using biometrics of your users digital identities provides another layer of security for the transactions they make online.
Support for Ledger
Ledger support is crucial as it allows people to store their personal keys off the internet and further enhances their security.
Web3 integration
The wallet is expected to be accessible in both desktop and mobile versions, as well as it should be a browser extension, which means it is able to be easily integrated with web3 and dApps platforms.
Simple Asset Management
A white-label EVM wallet with salient features
- Biometric Authentication
- Web3 Integration
A white-label crypto-wallet can be a boon for your business. The best wallet that includes all required features and functions will not only improve user experience , but also make it easier and make it easier for you on your own end.
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