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Cryptocurrency News Articles
NOW Wallet Review: A Non-Custodial Crypto Wallet With a Focus on Simplicity and Security
Nov 27, 2024 at 02:03 am
NOW Wallet, powered by the ChangeNOW instant crypto exchange platform, is a non-custodial wallet where you can store, send, receive, buy, sell, exchange, and stake crypto in a secure app for mobile and desktop.
Non-custodial crypto wallets are on the rise, catering to users who value complete control over their digital assets. In 2023, MetaMask led the charge with 22 million downloads, highlighting the growing preference for self-custody wallets. This trend continued throughout 2024, with every wallet in the top 10 most downloaded mobile wallets being non-custodial.
The popularity of non-custodial wallets can be attributed to several factors. Firstly, these wallets do not require KYC or sharing personal information with third parties, which aligns with the decentralized ethos of cryptocurrency. Secondly, in the wake of custodial platforms like FTX collapsing and billions in customer funds being lost, people are becoming increasingly wary of the risks tied to centralized exchanges.
Non-custodial wallets also enhance the accessibility of crypto by enabling users to engage in DeFi, manage NFTs, and handle stablecoins, all from a single app. This mix of convenience and security is making non-custodial wallets a big deal in the crypto space.
One non-custodial wallet that has been gaining attention is NOW Wallet. Let’s take a closer look at its features and see if it lives up to the hype.
NOW Wallet Brief Overview
NOW Wallet, powered by the ChangeNOW instant crypto exchange platform, is a non-custodial wallet that allows users to store, send, receive, buy, sell, exchange, and stake crypto in a secure mobile and desktop app.
Being non-custodial, it ensures that users’ private keys and crypto remain theirs. For added security, a password can be set up for app access, and assets can be backed up to ensure their safety. Additionally, there’s no need for registration or KYC to get started with crypto-to-crypto transactions, enabling users to start trading instantly without any hassle or personal info involved.
NOW Wallet supports 50+ coins and 15,000+ tokens, with fiat purchases in over 60 currencies. Users can also connect to dApps, making it easy to dive into DeFi, NFTs, and more – all from one place.
Clean, Clear and Easy Interface
NOW Wallet provides users with the essential tools they need in a simple, intuitive interface. It’s designed to make managing cryptocurrency straightforward, regardless of the user’s level of experience.
From Major Coins to Custom Tokens
With new token trends in 2024, like meme coins, liquid staking tokens, and Layer 2 rollups, the crypto landscape is shifting fast. From DePIN to prediction markets, there’s a lot to keep an eye on, with tokens and projects constantly evolving. That’s where NOW Wallet comes in.
Offering exchange and storage for big-name coins like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Monero (XMR), NOW Wallet keeps things simple for those who prefer popular choices. But it doesn’t stop there – it also supports thousands of promising smaller-cap tokens such as Worldcoin (WLD), Jupiter (JUP), and Dogwifhat (WIF) so there’s plenty of flexibility for all kinds of users.
Plus, if a token is not listed in the app but runs on a supported EVM-compatible blockchain or on the Tron blockchain, it can still be added manually.
ChangeNOW Integration
Thanks to its integration with ChangeNOW, NOW Wallet brings an extra layer of convenience and perks to its users. Buying and selling crypto is seamless, with support for Visa, Mastercard, and even direct bank account transactions – making fiat-to-crypto exchanges just a click away.
However, users should keep in mind that fiat operations require KYC verification, as NOW Wallet partners with third-party fiat on-ramp providers that mandate identity confirmation before any exchange can be processed.
NOW Wallet users can benefit from years of ChangeNOW’s crypto expertise and innovative features. For instance, they can enjoy almost limitless instant in-app exchanges, including cross-chain swaps. They also gain access to the ChangeNOW Pro cashback program, where every exchange earns rewards starting at 0.1%. These rewards can be saved, withdrawn, or spent however users choose, which only gives each transaction an extra edge.
But Pro perks go even further, offering features like AML address checks to keep things compliant, unlimited crypto loans for extra flexibility, and private web pages that make receiving crypto simple and secure.
Overall, with NOW Wallet, the ChangeNOW experience gets even better, and vice versa.
Staking Options
NOW Wallet makes staking simple with options for popular coins like Tron (TRX), Binance Coin (BNB), Tezos (XTZ), Cardano (ADA), Solana (SOL), Cosmos (ATOM), and the native NOW Token (NOW). The NOW Token powers everything in the ChangeNOW ecosystem and can be earned as cashback in both ChangeNOW and NOW Wallet. Staking it in the wallet can bring an annual return of up to 6.25
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Nov 27, 2024 at 11:15 am
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