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Cryptocurrency News Articles
NOW Wallet: The Ultimate Non-Custodial Asset Management Solution for Businesses and Individuals
Dec 26, 2024 at 06:09 pm
With the global cryptocurrency market projected to grow at a CAGR of 20.1% by 2030, the need to store and manage digital assets safely has increased exponentially. NOW Wallet offers businesses and individuals a non-custodial and secure asset management solution for their diverse crypto portfolios.
With the cryptocurrency market continuing to grow and expand, the need for a safe and secure way to store and manage digital assets is becoming increasingly important. This need extends not only to individuals but also to businesses looking to integrate cryptocurrencies into their financial strategies. To meet this demand, NOW Wallet, part of the instant crypto exchange ChangeNOW ecosystem, offers a non-custodial asset management solution for diverse crypto portfolios.
Catering to a Wide Range of User Categories
As a non-custodial digital asset platform, NOW Wallet enables users to send, receive, stake, and exchange digital assets in a secure and seamless manner. The wallet currently supports over 1500 tokens and 70+ networks, including popular tokens like Bitcoin (BTC) and Ethereum (ETH), privacy tokens like Monero (XMR) and Tron (TRX), utility tokens like 0x (ZRX) and Basic Attention Token (BAT), and meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
To further cater to the specific needs of asset issuers, exchange services, payment platforms, dApps, and other industries, NOW Wallet enables these businesses to tap into its broad user base and reach new audiences. This digital asset solution helps them scale by offering a wide selection of tokens and networks, simplifying portfolio management, improving accessibility, and allowing both businesses and regular users to adapt to new opportunities and trends in the crypto market – all without the need for multiple wallets, saving both time and fees.
For instance, businesses can leverage NOW Wallet to offer a wider range of crypto payment options to their customers, enabling them to accept payments in popular tokens, stablecoins, and even NFTs. This capability aligns with the growing consumer preference for crypto payments, which are now accepted by major companies like Tesla, Microsoft, and Overstock.
Moreover, NOW Wallet provides businesses with tools like Point-of-Sale accounts and marketing activities. While these options are part of the standard offering for NOW Wallet’s partners, they also offer tailored solutions to meet the specific needs of each business, ensuring flexibility and personalization to support unique business requirements.
Multichain Functionality and Cross-Chain Swaps
NOW Wallet currently supports more than 1500 tokens and 70+ networks. Popular tokens like Bitcoin (BTC) and Ethereum (ETH), privacy tokens like Monero (XMR) and Tron (TRX), utility tokens like 0x (ZRX) and Basic Attention Token (BAT), as well as meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are all available on the platform.
The wallet also enables the addition of custom tokens on supported EVM-compatible and Tron networks which, for example, allows asset issuers to easily integrate their coins. For regular users, this feature makes it easier to add and track their favorite tokens in one wallet, if they are not already supported, while also giving them access to new projects and more investment opportunities.
In addition to offering a vast selection of tokens and networks, NOW Wallet also facilitates fast, transparent, and limitless swaps between different cryptocurrencies. This capability is made possible by ChangeNOW’s powerful technology, which enables users to exchange tokens across various blockchains, including Bitcoin, Ethereum, Binance Smart Chain, Polygon, Solana, Tron, and Avalanche C-Chain, among others.
NFT and GameFi Compatibility
Catering to the growing popularity of NFTs and GameFi, NOW Wallet supports NFTs on Ethereum (ERC-721 and ERC-1155 standards) and Solana, with support for Binance Smart Chain coming soon. Users can collect and securely store unique digital pieces, send and receive NFTs, and connect to marketplaces where they can buy and sell them through WalletConnect.
Supporting NFTs makes the wallet useful for businesses that leverage NFTs to create exclusive product offerings, increase brand visibility, expand their customer base, build communities, and maximize profits through NFT sales.
Furthermore, NOW Wallet is perfect for blockchain gaming companies as it supports GameFi tokens like Immutable X (IMX), The Sandbox (SAND), Gala (GALA), and many more.
Non-Custodial Access, Guaranteed Security
As a non-custodial wallet, NOW Wallet ensures that users have complete control over their private keys and digital assets at all times. This feature aligns with the ethos of cryptocurrency, which prioritizes decentralization and self-custody.
To further enhance security, NOW Wallet adopts industry-standard security measures, including a three-layer encryption system for private keys and mnemonic phrases, as well as PIN and biometric authentication (both Face ID and TouchID). These robust security protocols safeguard users’ assets and identities, minimizing the risk of theft or unauthorized access.
Other Benefits of Using NOW Wallet
Apart from the core functionalities mentioned above, NOW Wallet offers several additional benefits that enhance the user experience and cater to diverse needs:
Staking: NOW Wallet supports staking for several cryptocurrencies, including Tron (TRX), Binance Coin (BNB), and NOW Token (NOW) among others, offering favorable APYs and
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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