Crypto

Brave browser now has a built-in crypto wallet that supports crypto assets and NFT

Bottom line: brave users who updated their browser should have noticed that it now has a built-in crypto wallet. Thanks to it, cryptocurrency and NFT holders can manage their wallets without the need to install third-party extensions, reducing the exposure of their cryptocurrency holdings and the use of system resources.

The increasing number of investors and crypto companies such as PayPal, AMC, and Newegg accepting cryptocurrencies as a payment method has led to a wave of new crypto wallets. Current crypto wallet offerings include hardware and software solutions that work like hot or cold wallets, all with their own advantages and disadvantages.

With Brave Wallet, the browser developer aims to provide an alternative solution that bypasses the security risks of software wallets, which are more susceptible to fraud and phishing thefts. Also, you can connect it to hardware wallets like Trezor and Ledger (Ledger Live not required) and import assets from Brave Crypto Wallets, MetaMask, and other wallets.

Also read: 5 alternatives to Google Chrome that make things better

The Brave wallet also allows users to view real-time cryptocurrency market charts (based on CoinGecko data), compare token prices between various providers / exchanges with built-in exchange capabilities, and send and receive assets and NFT. Other features that users can expect include buying fiat currency through Wyre, managing their wallet, and supporting DApp on all EVM-enabled channels (Polygon, xDai, Avalanche, and more) and L2. Support for the Solana blockchain is scheduled for 2022.

“The Brave wallet does not require any extensions and is rather browser-native, eliminating key performance and security issues while preserving core functionality of popular crypto wallets,” said Brian Bondy, CTO and co-founder of Brave. . “The Brave Wallet offers our more than 42 million users and anyone looking for a crypto wallet without extensions, a complete, secure and high-performance wallet designed for today’s crypto user. “

To access the Brave wallet, you will need the Brave browser updated to version 1.32. Then open the browser and click on the wallet icon located in the upper right corner. Users can also log in by typing “brave: // wallet” in the address bar, clicking “wallet” in the main menu, or by going to the settings page (brave: // settings /) and clicking on the portfolio tab.

Brave’s portfolio is based on an open MPL license that allows developers to contribute to its development. At the moment, the Brave wallet is only available for the desktop browser, and there are plans to roll it out to the mobile app soon.

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