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Nexo Plans To Release Their Own Non-Custodial Smart Wallet

November 17, 2022
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ENS DAO Passed Proposal To Sell 10,000 Ether To Support ENS Labs

Token Design: Great Potential, Pitfalls, Solutions And Future Prospects

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

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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CoinCu News

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Tags: ENSEthereum name serviceEVM-compatibleNexoNexo WalletNFTsNon-Custodialnon-fungible tokensSmart Wallet
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