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Find out how NOW Wallet empowers users to seamlessly manage digital assets and access the global economy.
Table of Contents
Stablecoins now make up over 70% of all cryptocurrency trading volume, which makes them essential for providing liquidity across different markets.
For users seeking access to this segment of the crypto industry, tools like NOW Wallet are essential. By combining advanced self-custody features with an intuitive interface, NOW Wallet empowers users to seamlessly manage their stablecoins and participate in the global economy, without the complexities of traditional finance.
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Overview
- Website: https://walletnow.app
- Blockchain: Multichain (supports 70+ blockchains)
- Sector: Cryptocurrency wallets, stablecoin management, DeFi tools
- Number of tokens supported: 1,500+
- Business model: Non-custodial wallet with staking, swaps, and premium Pro features
What is NOW Wallet?
Features
Here’s how NOW Wallet meets the needs of stablecoin users:
- Broad multi-currency support
NOW Wallet supports 70+ blockchains and over 1,500 tokens, including popular stablecoins like Tether (USDT), USD Coin (USDC), and Dai (DAI). This broad compatibility allows users to manage a diverse portfolio all in one place. For those dealing with niche stablecoins, NOW Wallet also lets you add custom tokens on supported EVM-compatible blockchains like Ethereum, Binance Smart Chain, and more, along with the Tron blockchain. - Secure cross-chain swaps
NOW Wallet’s built-in exchange service is powered by ChangeNOW. Users can easily perform fast and secure cross-chain swaps. For example, if users hold a stablecoin like USDT on Ethereum but need to send funds via USDC on Binance Smart Chain, NOW Wallet makes the swap possible without the need for a centralized exchange. - Seamless fiat onboarding
NOW Wallet makes purchasing stablecoins simple with support for over 60 fiat currencies via payment methods like Visa, Mastercard, Apple Pay, Google Pay, and bank transfers. This is perfect for newcomers entering the crypto space. It should be noted that fiat transactions are subject to the KYC verification required by NOW Wallet’s partner services. - Efficient customer support
Unlike other wallet services that offer customer support only via email, which significantly increases response times, NOW Wallet’s support team is available 24/7 through an in-app live chat. Their expertise in resolving user issues has resulted in a 99% error resolution rate, as they assist with transactions even when incorrect tokens, networks, or amounts are selected.
Benefits
NOW Wallet goes beyond basic functionality to offer a range of features that simplify stablecoin management:
- Non-custodial design: Users retain full control over their private keys, ensuring maximum security.
- User-friendly interface: The wallet’s clean design makes it easy for users of all experience levels to navigate.
- Staking: Stablecoin users looking to diversify their crypto portfolios can also stake some Proof-of-Stake (PoS) assets like Tron (TRX), Solana (SOL), Cardano (ADA), and others directly within the wallet.
- DApp connectivity: NOW Wallet is integrated with WalletConnect to enable instant access to any decentralized applications on Ethereum, BSC, Polygon, Arbitrum, Optimism, Base, AVAX C-Chain, Celo, Tron, and NEAR Protocol.
For those seeking advanced functionality, NOW Wallet offers Pro features designed to enhance the user experience. These include:
- Cashback rewards: Earn cashback on every swap.
- AML address checks: Verify wallet addresses for security and compliance.
- Personalized payment pages: Create custom web pages for receiving crypto payments.
- Unlimited crypto loans: Access instant loans and earn interest on users’ digital assets.
These tools make NOW Wallet an excellent choice for users who want more from their wallet than just storage.
Pros and cons
Some of the more notable advantages NOW Wallet boasts over its rivals include:
- Full control over assets: Being non-custodial, users maintain complete ownership of their private keys, ensuring greater security and financial independence.
- Wide asset compatibility: Supports a broad range of assets, including 70 blockchains, 1500 tokens, and even NFTs on Ethereum and Solana.
- Easy-to-use design: The wallet is crafted to be intuitive, making it accessible for both crypto novices and seasoned users across multiple platforms.
- Built-in exchange options: Features seamless crypto-to-crypto and fiat-to-crypto exchange functionalities directly within the app.
- Robust security measures: Includes advanced safeguards like mnemonic phrase encryption, multi-layered encryption for private keys, and biometric authentication.
On the other hand, there are some drawbacks to the wallet, including:
- Fiat conversion options: Some users will face difficulties when trying to convert lower cap coins into lesser used fiat currencies.
- Variable transaction fees: Network fees can fluctuate depending on blockchain activity and third-party providers, although the wallet itself doesn’t add extra fees.
Public review
These issues are not directly tied to the wallet’s functionality but rather to the nature of the blockchain networks users are interacting with. As such, the much larger number of positive ratings on the Google Play Store suggests that most users are happy with what NOW Wallet has to offer.
Conclusion
NOW Wallet plays a significant role in bringing stablecoins closer to real-world use cases. From making international payments to simplifying payroll, its features align with the practical needs of both individual and business users.
NOW Wallet is available on all major platforms, notably iOS, Android, macOS, Windows, and Linux, and makes it easy to synchronize across devices using 12- 24-word mnemonics. Its high ratings of 4.5 stars and above on mobile app stores reflect its ease of use and makes it clear NOW Wallet has built a reputation of trust among its users.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.