Draft:XDEFI Wallet

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XDEFI Wallet
Type Cryptocurrency wallet
Founded 2020
Headquarters London, United Kingdom
IndustryCryptocurrency
Contact https://www.xdefi.io/
Reference https://www.xdefi.io/


XDEFI Wallet is a cryptocurrency wallet that was founded in 2020. It was established by Emile Dubié and David Phan in London. XDEFI Wallet allows users to store, swap, and send NFTs (non-fungible tokens) and cryptocurrency across 14 different blockchains.[1][2]

History

In 2020, XDEFI Wallet was founded by Emile Dubié and David Phan in London, England, United Kingdom.[3] XDEFI Wallet operated in a closed beta version of the wallet until the fourth quarter of 2021, when it was released to the public more broadly.

In 2021, XDEFI Wallet was audited by Kudelski Security.[4]

As of the summer of 2022, XDEFI Wallet has raised a total of approximately $26 million USD.[5][6][7][8]

Vision

According to XDEFI Wallet, vision is to build the premier Web3 crypto gateway.

4 pillars

According to XDEFI Wallet, the 4 pillars of a Web3 gateway are:[9]

  1. Ability to swap 10,500+ assets natively within the wallet. This currently represents 60 times more assets than Coinbase and 25 times more than Binance.
  2. Permissionless onboarding and unlimited withdrawals: Any user from almost any country can instantly create a non-custodial account and begin trading. All XDEFI Wallet users enjoy unlimited swaps and unlimited withdrawals.[10]
  3. Seamlessly connect to every dApp: Web2 exchanges are walled gardens. XDEFI Wallet seamlessly connects to every dApp in Web3 across every supported blockchain.
  4. A single gallery for all your NFTs: XDEFI Wallet neatly displays all your NFTs from every chain in a single customisable gallery, allowing your portfolio to travel with you as you move between blockchains.[11]

Support

Current support

XDEFI Wallet supports more than 10,000 cryptocurrencies on Ethereum, Bitcoin, Polygon, Fantom, Avalanche, Arbitrum, Binance Smart Chain (BSC), Binance Chain, THORChain, Bitcoin Cash, Dogecoin, Terra Classic[12], Terra v2, and Litecoin.[13]

Future support

XDEFI Wallet also plans to launch support for Solana, NEAR, Aurora, Cosmos, Osmosis, Juno, among others.

Technology (Google Chrome extension)

XDEFI Wallet is a Google Chrome browser extension.[14][15][16] The wallet is non-custodial, meaning that the end-user is responsible for securing their own seed phrase.[17]

Google Chrome browser extension wallets such as XDEFI Wallet allow users to interact with NFT, Web3, and Decentralized finance (DeFi) applications.[18]

Users and reviews

XDEFI Wallet has more than more than 100,000 weekly active users and a 5-star rating in the Google Chrome Store after more than 190 reviews.

References

  1. ^ https://www.altcoinbuzz.io/defi/geckocon-2022-the-future-of-interoperability/
  2. ^ https://www.xdefi.io/article/multichain-wallet-xdefi-support/
  3. ^ https://captainaltcoin.com/defi-tools/
  4. ^ https://www.xdefi.io/kudelski-security-audit/
  5. ^ https://www.coindesk.com/business/2021/10/26/xdefi-wallet-looks-to-raise-12m-in-initial-dex-offering/
  6. ^ https://www.coindesk.com/tech/2021/09/29/cross-chain-wallet-xdefi-raises-6m-to-take-on-metamask-phantom/
  7. ^ https://cryptoslate.com/metamask-challenger-xdefi-wallet-secures-6-million-to-scale-its-next-generation-defi-wallet/
  8. ^ https://www.xdefi.io/xdefi-wallet-crypto-successfully-raises-over-us19m/
  9. ^ https://www.xdefi.io/mission-xdefi-wallet/
  10. ^ https://www.xdefi.io/article/create-wallet-new/
  11. ^ https://www.xdefi.io/article/manage-nfts/
  12. ^ https://dailyhodl.com/2021/10/28/xdefi-wallet-unveils-integration-with-terra-and-announces-liquidity-program-on-pylon-protocol-to-support-the-terra-ecosystem/
  13. ^ https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/how-to-use-the-xdefi-wallet/
  14. ^ https://insidebitcoins.com/buy-cryptocurrency/buy-nft/nft-wallets
  15. ^ https://cryptoslate.com/this-defi-founder-explains-why-all-users-need-a-multi-chain-wallet/
  16. ^ https://cointelegraph.com/news/browser-based-defi-wallet-xdefi-launches-public-version
  17. ^ https://cryptonews.com/news/metamask-phantom-brave-and-xdefi-wallets-patch-demonic-critical-vulnerability-before-an-attack.htm
  18. ^ https://hackernoon.com/single-chain-vs-multi-chain-wallets-about-metamask-and-its-alternatives

External links

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