By
Andy Watson
June 2nd, 2021
The wallet is fully compatible with HitBTC exchange. Traders with active HitBTC account can easily link it to their wallet app and use both of them simultaneously.
HitBTC, a well-established cryptocurrency exchange that operates since 2013, is launching a security-focused, custodial wallet app allowing its users to buy over 500 cryptocurrencies using debit and credit cards, as well as other mainstream payment methods.
HitBTC Crypto wallet works on iOS and Android platforms and doesn’t require any previous trading experience to start using it. Designed for beginners, the app will also meet the need of advanced cryptocurrency users in need of a safe and simple solution to purchase a wide range of digital assets. Although it can be linked to the exchange’s trading account, the wallet comes in the form of a completely separate app.
Basic Functionality and Landmark Features
The newly-launched wallet supports a variety of coins, including the ever-trending ones such as Bitcoin (BTC), Ethereum (ETH), XRP, Monero (XMR), Bitcoin Cash (BCH), Litecoin (LTC), EOS (EOS), Binance (BNB), Bitcoin SV (BSV), Stellar (XLM), Dash (DASH), Zcash (ZEC), Ravencoin (RVN), DigiByte (DGB), Ethereum Classic (ETC), Bitcoin Gold (BTG), Tron (TRX), etc. Wallet users can buy crypto with bank cards, Apple Pay, Google Pay, and Samsung Pay. Additionally, an in-built exchange allows swapping coins instantly and directly in the app. HitBTC team aims to offer some of the lowest fees on the market when buying and exchanging digital assets.
Apart from purchasing crypto, HitBTC Crypto wallet users can soon manage their money transfers easier than ever, using QR codes, creating friends lists, and even sending crypto to certain people without additional fees. A landmark wallet feature includes creating a universal QR code that can be used for sending and receiving any type of asset thanks to the automatic exchange. A convenient dashboard with a clear, UX-centered interface is designed to handle all routine tasks from tracking current crypto balance to modifying favorite wallets and watchlists.
HitBTC wallet’s CMO, Peter Swen, says that the app is meant to support those users who don’t feel confident working with full-fledged crypto exchanges, “At some point, we’ve all been beginners, clueless of how buying crypto even works. Back in the day, you had to spend quite some time, figuring out the basics and learn about crypto the hard way. Today, the situation is changing for the better and there’s no lack of user-friendly options allowing you to make your first steps in the crypto space. HitBTC wallet is one of those comprehensive solutions that makes your everyday work with digital assets as easy, inexpensive, and convenient as it possibly gets.”
Note that HitBTC is a custodial wallet, which means that the wallet provider takes the responsibility for funds safety, and users can always regain access to their accounts. Developed by the HitBTC team, the app boasts bank-level oversight. In addition to the must-have 2FA feature, the wallet is protected by PIN-code, face ID, or biometry.
In an attempt to help out new users with their investment strategy, the app displays the most relevant market news that can be filtered by the specific coin. Crypto price fluctuations, coin charts visualization, and detailed transaction history contribute to a highly effective fund managing process. Whether any issue does occur, professional English-speaking customer service is available 24/7.
The wallet is fully compatible with HitBTC exchange. Traders with active HitBTC account can easily link it to their wallet app and use both of them simultaneously. At the same time, users are not required to register on the exchange to use the wallet app and can use it separately.
