July 8, 2021
Cryptocurrency wallets are known among the whole “digital” community for their high-security standards. They are usually protected with multi-level encryption as well as 2FA and whitelist options for their customers. In order to send or receive funds using these wallets, a private key is needed.
If you have decided to create your own single or multicurrency wallet, we are pretty sure that you face a great range of problems.
These difficulties can be easily avoided. You just need to opt for a white label solution rather than building a project from scratches.
However, to maximize the potential of your crypto wallet, you have to produce more than just a platform for storing and transferring funds. Your potential customers expect a certain level of service from crypto wallets, and a management system is necessary to integrate within the website.
The most prominent solution among novice brokers is to pick up the White Label solution. Here you can find out why you should try it.
White Label is a ready-made solution that enables you to start a cryptocurrency wallet quickly.
In simple words, a white label for crypto wallets is a system to get a ready-made solution. It can totally be compared to a franchise program.
There is no need to buy a license, make a design, organize or maintain the server structure 24/7. Everything is already included in the White Label solution.
In short, white label solutions can help you utilize a unique branding for your company. So, you can offer a wide range of tools and services without building its infrastructure or technology on your own. As a result, you can pay close attention to raising brand awareness and making your wallet popular among your potential customers.
In addition, we can also highlight these pros of while label cryptocurrency wallet:
crypto wallet development
White label crypto wallets may fairly be considered the right choice in the long path of crypto wallet development. It is a ready solution created as a helper for any cryptocurrency company. You don’t need to develop crypto wallets.
They are almost ready to be utilized. Though let’s highlight all the advantages of a white label wallet, it is necessary to pay attention to the peculiarities of digital assets and the variety of functions of these wallets.
Cryptocurrency wallets provide users with a digital solution for securely storing money and managing digital coins. These online wallets give the ability for customers to send and receive coins, keep and spend, and also trade currencies.
Unlike a standard wallet, which can hold actual cash, crypto wallets technically do not store their funds. These holdings live on the blockchain but can only be accessed using a private key.
Crypto wallets are known for their high security and are usually protected with multi-level encryption. In order to use the funds in such a wallet, the user must have the right private-public key combination.
Your keys prove your ownership of your digital money and allow you to make transfers. If customers lose their private keys, they lose access to their money. That is why it is crucial to keep a wallet safe or use a trusted wallet provider.
Using a reliable app gives easy access to funds converted into digital assets. Customers can:
peculiarities of a crypto wallet, private keys and abilities to buy crypto and to avoid human error thanks to highly secure wallets
As far as more digital assets began to appear and more transactions were executed; as a result necessity of a crypto wallet increased. Thanks to a crypto wallet, users can:
5 reasons to use cryptocurrency wallets
Desktop and mobile wallets are provided for the convenience of the users. Android and iOS mobile applications can be used for crypto exchanges, trading or other operations connected with digital cryptocurrencies.
No matter whether desktop or mobile wallets are, they are characterized by certain advantages that may interest many customers. Here are the most popular reasons:
features of best cryptocurrency wallets
We can highlight these types:
Let’s observe the features of each type of wallet.
Desktop type of crypto wallet supposes that you use a computer or laptop to access your funds. The major thing about the type is that the customer keeps a key from his/her own wallet. And the disadvantage concerns the possibility of a computer virus damaging the program.
The hardware needs a USB drive to get access to the assets.
Online wallets provide people with easy access to digital assets without the necessity to download any program. Here it should be mentioned that ownership of crypto funds belongs to a website. But for those who are deeply concerned about security and the ability to control the money, multi-sig and other alternatives are provided.
Mobile wallets are probably the most popular nowadays. The essence of it is that a person should install a special application on his or her smartphone to store or exchange funds as well as make transactions. Today both Android and iOS apps are available for users, and the number of apps accessible on the market is growing quickly.
wallet for virtual currencies : types and peculiarities
All the people who belong to crypto communities understand that storing digital assets, fulfilling transactions, exchanging, or, generally, using crypto requires a cryptocurrency wallet. Let’s check out features that users definitely are seeking.
Users look for wallets with flexible infrastructure, high security and easy access.
white label crypto wallet & trust wallet
A lot of work has been done in the sphere of improving desktop and mobile crypto wallets, the sphere of crypto and blockchain technology develops quickly as new tokens and technologies appear on the market. So there is a demand for new services to cover the needs of the crypto community. It is quite difficult to create a new crypto wallet or cryptocurrency business from scratch. But using ready solutions can be easier than before. The most interesting of such examples is the white label. Find out its peculiarities.
White label crypto wallet – a ready solution for crypto business
White label crypto wallet is a ready solution created by a cryptocurrency wallet development company. Using the option, it is not necessary to buy a package that is ready to be integrated.
So, a white label solution may be considered one of the greatest investments in businesses due to the following facts:
All we can say that it is an excellent product for all types of digital wallets. So, we can highlight these options:
In addition, it is possible to receive an upgrade, support and maintenance services for the wallet.
If you decide to start a crypto business and launch a wallet, no matter a single-currency (like a bitcoin wallet) or a multi-currency wallet, you need to find the best company or an expert team to collaborate with. Here is what you should take into consideration:
If you want to start a crypto business, it needs to be now. The competition in the market is growing, and soon, it will become saturated with no room for new entrants. So, start brainstorming ideas and come up with a cryptocurrency business plan. In addition, get in touch with ICODA if you are looking for a reliable solution for crypto development and making a crypto wallet.
We believe that blockchain and digital assets are able to change the world.
ICODA was made to help crypto projects unlock their potential.
We are a team of specialists who help your organization and provide support at all stages: website creation and its development, promotion, and adding coins (both fiat and altcoins).
The ICODA team strives to give you the best customer experience. So, drop us a line, and we are always here to help you and assist your business at all stages.
Our expertise allows us to guarantee that your company will get high-professional comprehensive assistance and advancement.
We helped to make and boost more than 50 crypto-related businesses. Your cryptocurrency wallet could be the next.
Rate the article
Website Privacy Policy
Generic privacy policy template
This privacy policy ("policy") will help you understand how Global Digital Consulting LLC uses and protects the data you provide to us when you visit and use https://icoda.io ("website", "service").
We reserve the right to change this policy at any given time, of which you will be promptly updated. If you want to make sure that you are up to date with the latest changes, we advise you to frequently visit this page.
What User Data We Collect
When you visit the website, we may collect the following data:
Why We Collect Your Data
We are collecting your data for several reasons:
Safeguarding and Securing the Data
Global Digital Consulting LLC is committed to securing your data and keeping it confidential. Global Digital Consulting LLC has done all in its power to prevent data theft, unauthorized access, and disclosure by implementing the latest technologies and software, which help us safeguard all the information we collect online.
Our Cookie Policy
Once you agree to allow our website to use cookies, you also agree to use the data it collects regarding your online behavior (analyze web traffic, web pages you spend the most time on, and websites you visit).
The data we collect by using cookies is used to customize our website to your needs. After we use the data for statistical analysis, the data is completely removed from our systems.
Please note that cookies don't allow us to gain control of your computer in any way. They are strictly used to monitor which pages you find useful and which you do not so that we can provide a better experience for you.
Restricting the Collection of your Personal Data
At some point, you might wish to restrict the use and collection of your personal data. You can achieve this by doing the following:
Global Digital Consulting LLC will not lease, sell or distribute your personal information to any third parties, unless we have your permission. We might do so if the law forces us. Your personal information will be used when we need to send you promotional materials if you agree to this privacy policy.
Terms and Conditions
Please read these Terms and Conditions ("Terms", "Terms and Conditions") carefully before using the https://icoda.io website (the "Service") operated by Global Digital Consulting LLC.
Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service.
Links To Other Web Sites
Our Service may contain links to third-party web sites or services that are not owned or controlled by Global Digital Consulting LLC.
Global Digital Consulting LLC has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that Global Digital Consulting LLC shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such web sites or services.
Changes
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.
Contact Us
If you have any questions about these Terms, please contact us.