Bitcoin.com Wallet users received a fantastic update yesterday, with the application adding support for more than 100 new ERC-20 tokens.
The Bitcoin.com Wallet is one of the most widely used in the industry. It's a mobile wallet that's completely non-custodial, meaning that the users themselves control the private keys, so only they can access their assets. That's in contrast to custodial wallets, such as those on cryptocurrency exchanges, where the private keys are not controlled by users. With Bitcoin.com Wallet, there's no need to trust any third party with the safety of your assets, as you alone are responsible for them.
Bitcoin.com Wallet provides a very simple and easy-to-use interface that makes it perfect for both crypto savers and crypto spenders. It comes with high security and a number of features that make it easier to buy and spend crypto. Users can link their bank account or credit card to buy crypto directly, within the app, then swap different tokens, all without visiting an exchange.
On the security side, it has a passcode and biometric protection, and it provides real-time market data on token prices. Furthermore, the app makes it easy to manage your crypto assets, allowing users to create "saving" and "spending" wallets, for example, keeping their funds better organized. You can even add notes to each transaction to keep track of what you're spending your crypto on.
All in all, it's a solid crypto wallet app and it has just gotten much better with the addition of a massive number of ERC-20 tokens that are now fully supported. ERC-20 tokens are those that live on the Ethereum blockchain, which is host to some of the most popular NFT marketplaces and DeFi services. With Bitcoin.com Wallet, it's possible to connect directly to dApps and marketplaces and interact with them.
The newly added assets include DeFi and metaverse tokens such as DYDX, FXS, LAND, and MANA, plus tokens such as BAT, OCEAN, LDO, and GRT. Moreover, the app now supports dozens of popular stablecoin tokens, including DAI, USDT, USDC, FRAX, GUSD, and USDP, meaning there are plenty of options for those who want to protect themselves from market volatility.
Bitcoin.com claims that its wallet is used by more than a million people every day and that by expanding support for the new tokens, it will be able to support this customer base better. For a complete list of supported tokens in Bitcoin.com Wallet, check out the company's official blog.
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