Kraken, a leading cryptocurrency exchange, has taken an important step in accelerating cryptocurrency adoption with the launch of Kraken Wallet. Self-managed wallets are designed to be simple, secure, and powerful, providing users with an easy-to-use gateway to decentralized financial systems.
Whether an individual is a Kraken customer or not, the multichain Kraken wallet can be used as a bridge to the world of decentralized finance. Built on privacy and security principles, Kraken Wallet ensures self-management of your digital assets and data. Users will enjoy an on-chain experience backed by Kraken’s world-class security measures and dedicated client services.
Kraken Wallet provides a beautiful user experience by eliminating the need for network switching or manually generating multiple seed phrases. Offering features such as comprehensive portfolio tracking, multichain support, WalletConnect integration, and 24-hour customer support, it serves as a one-stop solution for all your self-storage needs.
Comprehensive portfolio tracking allows users to conveniently monitor token, NFT, and DeFi positions in one place. The wallet interacts seamlessly with eight of the most popular blockchains, including Bitcoin, Ethereum, Solana, Optimism, Base, Arbitrum, Polygon, and Dogecoin. Additionally, WalletConnect’s integration ensures secure access to thousands of the newest and most popular decentralized applications (dApps).
Privacy is of utmost importance at Kraken Wallet. The wallet collects only the minimum data required for functionality and does not collect internal app performance analytics. User activity is proxied through Kraken’s infrastructure, protecting your IP address and preventing external disclosure of your identity and location information. Kraken Wallet does not store user login information, email addresses, or KYC information.
Backed by Kraken’s industry-leading security measures, Kraken Wallet places the highest priority on protecting user data and digital assets. The wallet was developed in collaboration with the team responsible for asset security on the Kraken exchange for over 12 years. It integrates multiple layers of security, including biometrics on mobile devices and encryption of user-provided passwords.
To further strengthen the security of the wallet, Kraken partnered with renowned security audit firm Trail of Bits to conduct a comprehensive audit of its code. This step will help identify potential vulnerabilities and enhance the overall security of your Kraken Wallet. As part of a move toward transparency and community engagement, Kraken Wallet is the first major exchange wallet to be open sourced at launch, and its code is available on GitHub.
Kraken Wallet marks the beginning of an ongoing journey, with plans to introduce more features in the future. Kraken adheres to cypherpunk principles and aims to lead the world into an on-chain future. As the cryptocurrency industry continues to evolve, Kraken Wallet strives to embody the spirit of decentralization and provide financial freedom to its users.
To download Kraken wallet and learn more about its features, visit the official website. The Kraken Wallet in-depth technical blog provides additional insight into how the wallet solves mobile crypto security challenges. Users may also refer to the Kraken Wallet Privacy Policy for full disclosure.
Image source: Shutterstock
. . .
tag