Solana’s Solflare Wallet Integrates FTX, Enhancing Seamless Use

Summary:
• Solflare wallet has integrated FTX, enabling seamless interactions between the two platforms. We tell you about the benefits it brings users.

In a bid to better serve its customers, the Solana-native wallet Solflare has integrated with FTX.com and FTX United States. Incorporating Solana DeFi and NFT makes portfolio management simpler for users. Aside from connecting the two worlds of Web2 and Web3, the integration also attempts to create one unified interface. In essence, it leverages the extensive FTX ecosystem to enhance the Solana dApp experience provided by Solflare.

What benefits does Solflare’s FTX integration bring?

The integration allows users to withdraw and deposit funds into their FTX accounts seamlessly. Solflare users can “verify” their FTX wallets by connecting them to their account, which relies on the exchange’s KYC system. Essentially, you won’t have to leave Solflare to manage your FTX account. This brings great comfort and convenience to users.

Automated depositing on FTX from Solflare is now a simple transfer operation. Solflare retrieves the user’s deposit address and delivers the requested amount of funds to it for any token supported by the relevant FTX exchange. It is also possible to use the wallet to withdraw and deposit FTX NFTs.

The wallet’s one-click withdrawal of assets from the exchange makes the reverse transaction just as easy. Also, the integration brings the FTX Convert feature. The feature allows users to swap the tokens on their FTX balances effortlessly. Furthermore, the integration may complement Raydium/Serum liquidity with FTX’s deep books via the Solflare app.