What Is Wallet.io? How to Adopt Wallet.io as Soon as Possible?

2022-11-14, 09:33

[TL;DR]

- Wallet.io is a secure, decentralized, and all-coin-supported personal wallet, which is the only global all-coin-backed decentralized personal wallet supporting dual authentication.

- Wallet.io is a product belonging to Gate.io's 9-year-old digital currency exchange.

- Wallet.io wallet is flexible in use, supporting more than 10,000 digital assets, including dozens of main currencies such as BTC, ETH, EOS, and thousands of tokens.

- Wallet.io source code is open-source and transparent, and all data can be queried on the blockchain.

Introduction

With the rapid development of cryptocurrencies and digital assets under blockchain technology, crypto wallets emerged at the times required during this period of development, becoming a tool for users to conduct effective transactions between multiple blockchains. Crypto wallet is a wallet application for users to store important digital asset information, including private key, public key, wallet address, password, keystore, and other private information, which can be used for a variety of purposes, such as purchasing, selling, trading and storing cryptocurrency, NFTs and other digital assets.

In order to enable users to have a safe and reliable asset management environment and avoid asset theft and other dangerous situations, Gate.io has carefully built a safe eco-platform Wallet.io wallet publicly provides professional decentralized financial asset management services for the whole industry trading platform, blockchain entrepreneurship team, etc.

What Is Wallet.io?

Wallet.io is a secure, decentralized and all-coin-supported personal wallet, which is the only global all-coin-backed decentralized personal wallet supporting dual authentication at present. Currently, BTC, ETH, EOS, BCH, BCHSV, Tezos, Tron, ATOM, AE, and other global mainstream blockchain assets are supported, and EOS CPU resources are leased for free.

Wallet.io is a product belonging to Gate.io's 9-year-old digital currency exchange. It supports login through Gate.io authentication. After authentication, an account can be logged into the exchange and personal wallet at the same time, so you can easily exchange and transfer money.

Wallet.io Wallet Features:

Safe and Convenient
Different from the traditional blockchain personal wallet, Wallet.io uses a more balanced scheme. 2FA ensures the security of funds in the same way as the banking system. Wallet.io supports multiple authentication methods, including Google authentication, to protect user assets more effectively.

Different from Traditional OnChain
Users do not need to record and save mnemonic phrases or private keys themselves, do not have to worry about their mobile phones or computers being invaded, and the platform ensures the security of funds. All asset balances and transfer records can be found on the blockchain. Users have 100% of the assets. There is no capital pool. Each user stores the assets independently.

Different from Traditional OffChain
The platform cannot use the funds in the user's account, and the on-chain assets are clear, traceable, and cannot be counterfeited.

Compatible with All Coins
It supports most mainstream virtual currencies and tokens. One wallet manages all assets. Presently, Wallet.io is the wallet that supports the largest number of main chains and coins in the world. The supported tokens include all EOS tokens, all ETH’s ERC-20 tokens, all NEO’s NEP-5 tokens, and all QTUM’s QRC-20 tokens. All tokens are automatically recognized, as when sending a new token to the ETH address of the wallet, the token will be automatically entered into the wallet without any configuration.

Data Synchronization
Users can use Wallet.io wallet on various devices, and data will be synchronized automatically on each device. There is no need to log in repeatedly to avoid the hidden danger of important information disclosure.

Open-source and Transparent
The Web version and the App version are both open-source and transparent. All data can be queried on the blockchain. Users do not need to worry about asset security.

Wallet.io wallet is designed to save users from the trouble of difficulty remembering and managing private keys through a more balanced asset management scheme, and provide professional institutional security protection while making it easy to use.

What Types does Wallet.io Wallet Include?

Wallet.io has developed four types of wallet models for different user groups, which users can choose to use according to their own conditions.

Wallet.io Standard Version
The personal wallet can be flexibly used, supporting more than 10,000 digital assets, including dozens of main coins such as BTC, ETH, EOS, and thousands of tokens.

Wallet.io Professional Version
Wallet.io team-professional wallet supports multi-person rotation and multi-signature, redundant backup of team signers, the inclusion of hardware wallets, and biological authorization signatures of team members. It can effectively prevent single-person or single backup failure, ensure the smooth operation of the business when the team has problems, and effectively enhance the team's asset management capability through decentralization and hardware protection.

Wallet.io Enterprise Version
With a 100% real-time margin, it enjoys the same security level (crypto, hot and cold separated storage, etc.) as the world's leading crypto asset management organization. It has a perfect sealing control mechanism, which ensures the security of assets through API signature authentication, restricted access to IP, transaction quota, white list, and other mechanisms. The web version is provided to facilitate enterprise users to configure and manage API keys, risk control strategies (quotas, white lists, multi-user roles), report queries, etc.

Wallet.io Hardware Wallet
Wallet S1 adopts the flagship high-performance SOC chip that supports the national security algorithm, and the original dual CPU architecture, which is safe and stable; It is the first digital asset fingerprint hardware wallet in the industry, equipped with first-class fingerprint identification algorithm, which will automatically initialize when violent cracking is detected to ensure asset security; It is made with exquisite craftsmanship to control the details of the product. The portable volume and smart design are convenient to carry and use at any time.

How to Use Wallet.io?

1. Go to Wallet.io's official website, log in to your account to use the web version, or download the mobile app version. Wallet.io supports Web, Android, and iOS platforms.

2. You can select multiple login methods to log in.

3. After logging into the wallet homepage, you can directly transfer currency transactions or the first payment on the right side.

4. In the [Configuration] column at the bottom of the left side, you can select the coin in which you want to conduct transactions or operations.

5. Send interface: if you need to transfer to another person, click to enter the send page, enter the payee's receiving address, transfer amount, and set the upper limit of the miner's fees to initiate payment.

6. Receive interface: if the user is the payee, click the receive button to obtain the Wallet.io wallet receiving address, and copy the QR code or receiving address to the payee.

Conclusion

Presently, when digital assets have potential security problems and accounts are stolen, protecting the security of personal accounts has become the concern and attention of users and the Gate.io exchange. Wallet.io is a safe, easy-to-use, and free all-coin-supported wallet, which supports multiple authentications, and the source code is open-source and transparent. It is like putting personal digital assets into the blockchain bank, except for the user himself, even the Wallet.io platform or exchange can not use the user's account funds so that users can use them safely and confidently. Since its development and operation in 2009, Wallet.io has always protected the capital security of each user and guarded every transaction.

Author: Gate.io Researcher Rena W. Translator: Joy Z.
This article represents only the researcher's views and does not constitute any investment advice.
Gate.io reserves all rights to this article. Reposting the article will be permitted provided Gate.io is referenced.
In all other cases, legal action will be taken due to copyright infringement.

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