Freewallet, the third most popular online wallet for Android devices, has just announced a new EOS wallet. The new wallet will support multiple currencies apart from EOS, but its most important feature is that it will not charge any fees for transferring EOS coins or exchanging them for other tokens.
The new wallet will be available for Android and iOS users alike, and it can be used for storing, receiving, or sending EOS coins. Also, all transactions are completely fee-free, which is a large improvement when compared to many other wallets.
Additionally, the wallet will reportedly support almost any cryptocurrency. That way, all coins can be exchanged for one another in a single place, without having to go to specific exchanges. Furthermore, Freewallet also allows users the ability to swap ERC-20 EOS for the new EOS coin, which is native to EOS blockchain.
Exchange EOS ERC-20 tokens via the new EOS wallet
While EOS has launched its MainNet months ago, on June 1st, there are still EOS holders that have yet to exchange old EOS tokens for the new ones. This is why Freewallet’s founder and CEO, Alvyn Hagg, announced that EOS ERC-20 tokens that were held on Freewallet got swapped for the real EOS coin automatically. The ability to swap the coins on the new wallet as well is included for those users who held their old EOS tokens elsewhere.
Freewallet is known for being very user-friendly, and so far, it supported numerous coins, including Bitcoin, Litecoin, Ethereum, Dogecoin, and even Monero, in addition to numerous others. It was first released in January 2016, and since then, it expanded to include Multiwallet, 9 single-currency wallets for iOS, as well as 22 single-currency wallets for Android.
With the addition of a new EOS wallet, Freewallet continues to attract attention and interest from a lot of users. The new wallet will serve as a one-stop shop for numerous cryptocurrency traders, as well as for all EOS. It will certainly make trading easier, and the team’s current goal is to reach, and possibly even beat, MyEtherWallet, a cryptocurrency wallet centered around Ethereum (ETH).
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
Cryptocurrencies are already making a huge difference around the world. Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…
Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
The development of…