News

Nexo Plans To Release Their Own Non-Custodial Smart Wallet

The Nexo Wallet, a multipurpose, non-custodial smart wallet that is EVM-compatible, is about to be released by Nexo.
Nexo Plans To Release Their Own Non-Custodial Smart Wallet 2

This self-governed wallet will also serve as an identity wallet, enabling users to build up and take use of their self-governed Web3 profile using Non-Fungible Tokens (NFTs) and the Ethereum Name Service (ENS). Users are finally able to keep control of their identity profile thanks to this self-governing system, which nearly always favors centralized organizations.

For sending, receiving, exchanging, and storing digital assets on five different blockchains—Ethereum, Polygon, Binance Smart Chain, Fantom, and Avalanche-C—the Nexo Wallet provides an easy-to-use solution.

The wallet will also offer additional useful features using on-chain services, such as lowering gas costs, guaranteeing the best rates for in-wallet swaps, and compiling users’ balances from many other wallets into a unified interface.

Following the swift resolution of insolvency rumors brought on by a “real-time audit” technical error, Nexo introduced The Nexo Wallet to further solidify its predisposition towards a user-governed future.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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