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Home»BITCOIN NEWS»Simple, secure, powerful: Introducing Kraken Wallet
BITCOIN NEWS

Simple, secure, powerful: Introducing Kraken Wallet

By Crypto FlexsApril 18, 20244 Mins Read
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Simple, secure, powerful: Introducing Kraken Wallet
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Easy-to-use on-chain gateway

Whether you are a Kraken customer or not, you can use the multichain Kraken wallet as a bridge to the decentralized financial system. Built on the core values ​​of privacy and security, Kraken Wallet provides self-custody for your digital assets and data, backed by Kraken’s world-class security and client service to deliver an on-chain experience your users will love.

A beautiful UX makes it easy to navigate the on-chain world. There is no need to switch networks or manually generate multiple seed phrases. Kraken Wallet is your one-stop solution for your self-storage needs.

  • Comprehensive portfolio tracking: Track your tokens, NFTs, and DeFi positions all in one place
  • Multichain support: Seamlessly interacts with the eight most popular blockchains: Bitcoin, Ethereum, Solana, Optimism, Base, Arbitrum, Polygon, and Dogecoin.
  • WalletConnect integration: Securely access thousands of the latest and most popular dApps.
  • 24/7 support: Our award-winning customer experience team is always ready to help ensure your on-chain experience is great.

Privacy is paramount

Kraken Wallet collects the minimum amount of data required to perform wallet functions. Internal app performance analytics are also not collected.

User activity is proxied through Kraken’s own infrastructure, protecting your IP address and preventing the possibility of your identity and location being disclosed to external parties.

Protecting your privacy is very important to us. We do not retain Kraken Wallet user login details, email addresses or KYC information.

Backed by Kraken’s industry-leading security.

Protecting your data and digital assets is our top priority. Kraken Wallet was built in collaboration with a team that has been securing assets for the Kraken exchange for over 12 years. There are multiple layers of security that protect your private keys: biometrics on your mobile device and encryption of the password you provide.

But staying true to our overarching security mindset, we didn’t stop there.

We partnered with Trail of Bits to conduct a full security audit of our code to make sure we weren’t missing anything. Since 2012, Trail of Bits has helped protect the world’s most targeted organizations and devices by combining advanced security research with a real attacker mindset to reduce risk and harden code.

Next: All source code of Kraken Wallet is released to the world.

Kraken Wallet is the first large-scale exchange wallet to be open sourced at launch.

Open source development increases security by allowing third parties to review every line of code we distribute. Kraken Wallet’s code is available on GitHub.

Why open source? Because transparency, decentralization, and community are at the core of cryptocurrency. That’s why we have an open source grants program. It’s meant to highlight and elevate the good work that’s important in helping cryptocurrencies reach their potential.

Our work would not be possible without the countless hours dedicated to innovative ideas by passionate open source contributors. Without these heroes, Bitcoin and other cryptocurrencies would not exist. Kraken will always support the open source community, and Kraken Wallet furthers this commitment.

The future is on-chain. Get started with Kraken wallet

Your journey with Kraken wallet has just begun. More features will be added in the future. Our mission to bring the world on-chain continues with our relentless commitment to cypherpunk principles. Stay tuned for more innovations that embody the spirit of decentralization and enhance financial freedom.

Welcome to the on-chain future. Welcome to Kraken Wallet.

To learn more, check out our in-depth technical blog on how Kraken Wallet solves mobile crypto security challenges.

Please see the Kraken Wallet Privacy Policy for full disclosure.

These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.

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