Cryptocurrency Industry News

Bitski Wallet Launches iOS App and Browser Extension

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Written By: Michael Abadha
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    Summary:
  • Bitski Wallet has set its focus on the NFT market and the update enables it to onboard holders of Non Fungible Tokens (NFTs).

Bitski Wallet, a Web3 wallet provider, has announced the release of a wallet app and browser extension for iOS devices. One of the most significant features is that the new platforms will enable users to have Web3 NFT custody. Also, for those who aren’t familiar with blockchain technology, the Bitski wallet update makes it easier to sign up with just an email and a password.

Bitski Wallet functionality and the new features

Wallets created using Bitski Vault are stored in hardware cryptographic controllers. All signing and verification of transactions take place in hardware, and keys never leave the device. This makes it possible for anyone to access Web3 without having to be an encryption master. The new features, such as NFT floor price alerts and the ability to see all of one’s NFTs and tokens in the wallet, are designed to appeal to both new and seasoned NFT collectors and creators.

Up to this point, Bitski has only supported Ethereum and its sidechain polygon, but this will expand to include other chains that are compatible with EVM. The wallet has an intuitive UIans lets users access their favourite apps, receive notifications and see both their Bitski Wallet and self-custody wallets in one place. Bitski says it is developing new, more accessible and more secure user experiences with the intention of bringing more users into Web3 and NFT worlds.

The update adds nine new capabilities, including as a wallet activity feed, self-custody assistance and a dApp browser. Also, Bitski Vault Wallet users can import their existing cryptocurrency wallets into the vault-and this is one of the features aimed to make using crypto easier for newcomers.

Another important security feature in this wallet is a simulated transaction interface, which can be used to test out potential purchases and avoid falling prey to phishing scams. In addition, there is a transaction feed, alerts for price changes and on/off-chain activities, and a browser for dApps.

This post was last modified on Feb 22, 2023, 15:13 GMT 15:13

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha