Clarisco | Personalized Cryptocurrency Wallet Development Services
In the lands of ancient Greece, hundreds of years ago, people created small pouches to hold food and coins, while traveling. This was very useful to the soldiers. They were called knapsacks. We are in the 21st century now, and we as humans have developed to the extent of maintaining digital money in digital wallets. read below to know about decentralized finance wallets
What is a DeFi wallet-
DEFI wallets are like digital lockers, they are an instrument to save and manage crypto assets. A DeFi wallet is a necessary element of the defi cosmos/arena,and cryptocurrency wallet development service providers are the ones who create it.
Banks suffer an average of 85 attempted serious cyber-attacks every year!
People are relying on wallets that are not in their custody, and banks. But defi wallets can be self-owned. Users can just log into platforms with their specific address and do actions like store and retrieve the money
Why they are secure -
A third entity and banks cannot be 100% breach free. But having a DeFi wallet is like owning a small bank, but that is breach free, uncorrupt.
DeFi wallets are not under custody, they are independent and can function on their own. Processes that took a long time using banks can be done within no time using defi wallets. viewing transaction history and tracing balance is easy.
Activities like buying and selling become very quick and convenient with DeFi wallets.
defi wallets support nonfungible Ethereum tokens and other crypto assets.
Using a wallet-
Private keys will be given to the users. It is important for doing transactions. Users are responsible for the key, responsible for handling it, and they are not in the custody of a third/another entity like a bank. A recovery phrase will be given to the users for account recovery.
There are no long verification processes involved, like background verification, personal details verification. Wallets are the safest option for crypto assets.
We can create for you a wallet that supports as many as 300 cryptocurrencies, that allows exchange and atomic swaps.
We can include features that allow users to work with maker DAO, uni swap, DyDx(decentralized finance protocols).
Hire us to render you cryptocurrency wallet development services!! we help both businesses and common people to safely store and manage crypto assets!!