The world recognizes cryptocurrency as a valuable commodity. The blockchain-driven alternative has drastically evolved and is being used in multiple programming dialects across platforms. But, recently, the initiative has also entered the smartphone segments, intending to provide better security and convenience to users who want to control their digital assets from their smartphones. FX Wallet is one such application that people can install on their smartphones to store and transact their crypto holdings. The app currently onboards around 1 million users globally. The number of applications registered on the blockchain network grew by 50% in only one year, which showcases the increase in adoption.
FXWALLET aims to provide better clarity to fulfill the requirements of digital assets in the crypto community. Many large crypto institutions, including the general public, are constantly looking for trusted, secure, and flexible infrastructure to manage their digital assets. The company plans to fulfill these requirements through its innovative approach. It is also under phase-1 adoption with some renowned organizations.
Like other crypto wallets, FX Wallet will also allow users to securely store their holdings in a safe platform with better security. The company highlights the importance of security in the crypto space, which is mostly overlooked. Due to which the wallet is programmed identically to cold wallets facilitating complete control to users. Through this, users can manage cryptocurrencies on their own devices. The wallet actively supports over 100 liquidated cryptocurrency pairs in the world. Moreover, it comes with an intuitive interface highlighting wallet balance, the historical transactions, which are also recorded on a Blockchain network, offering maximum transparency.
FXWALLET serves as a digital asset wallet that uses a BSC (Binance smart contract), allowing its community to manage its digital assets conveniently. Furthermore, with the help of a decentralized serverless platform, it also protects against outside attacks and unwanted interferences, including smart contracts.
It can be classified as an “all-in-one” wallet that provides trading and swapping cryptocurrencies faster, safer, simpler, and more secure. In addition, its ecosystem can expand into fields and services of Smart-contract, P2P, IEO.
Besides that, the BNB earning feature was also launched recently to benefit users. The network distributes 9% of every transaction in the form of a dividend, which is re-distributed to the holders of its native cryptocurrency in the form of $BNB. The designated rewards can be redeemed after a day from its allotment. The wallet also encompasses a top-notch security system coupled with advanced technologies that can cater to data integration in real-time. With this, it also pertains to certain fraudulent activities making it more reliable.
The company also offers a strong performance of decentralized applications (DApps) that have been vetted and optimized for FXWallet to become a part of an active marketplace. Its smart contracts are designed to extract seller’s and buyers’ tokens equally and add them to its LP. This creates a solid price floor for the company and curtails the growing profit-sharing mechanism while holding its native currency. This also ensures that only the users can aggregate multiple DEXs to get the best rate over the market price. The ecosystem can also connect blockchain networks with various banking, e-commerce, and games with a unique twist.
FXWALLET is effectively managed and controlled by its community, and to give back, they actively offer rewards at occasional intervals to their users. With a motive to create an everlasting impact, the company focuses on delivering value-added services to all its holders. What’s more, FX is also doubling down on its operations to make its ongoing services even more seamless for users.
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.