XDEFI Wallet
XDEFI Wallet is a cryptocurrency wallet that allows users to store, swap, and send cryptocurrency and NFTs across 14 Blockchains.
Contents
History
XDEFI Wallet was founded in 2020 by Emile Dubié and David Phan. XDEFI Wallet operated in a closed beta version of the wallet until Q4 2021, when it was released to the public more broadly.
As of Summer 2022, XDEFI Wallet has raised a total of circa US$26M.
Support
XDEFI Wallet supports 10,000+ cryptocurrencies on:
- Ethereum
- Bitcoin
- Polygon
- Fantom
- Avalanche
- Arbitrum
- Binance Smart Chain (BSC)
- Binance Chain
- THORChain
- Bitcoin Cash
- Dogecoin
- Terra Classic
- Terra v2
- Litecoin
XDEFI Wallet will soon launch support for Solana, NEAR, Aurora, Cosmos, Osmosis, Juno, and more.
Ratings
XDEFI Wallet has 100,000+ weekly active users and a 5-star rating in the Google Chrome Store after 190+ reviews.
Technology
XDEFI Wallet is a Google Chrome browser extension. The wallet is non-custodial, meaning that the end-user is responsible for securing their own seed phrase.
Google Chrome browser extension wallets like XDEFI Wallet allow users to interact with Web3, NFT, and Decentralized finance (DeFi) applications.
XDEFI Wallet was audited by Kudelski Security in 2021.
Vision
The XDEFI Wallet team has said publicly their vision is to build the premier Web3 crypto gateway.
Four pillars of a Web3 gateway
The XDEFI Wallet team defines four pillars of a Web3 gateway:
- Ability to swap 10,500+ assets natively within the wallet. This currently represents 60x more assets than Coinbase and 25x more than Binance.
- Permissionless onboarding & unlimited withdrawals: Any user from almost any country can instantly create a non-custodial account and begin trading. All XDEFI Wallet users enjoy unlimited swaps and unlimited withdrawals.
- Seamlessly connect to every dApp: Web2 exchanges are walled gardens. XDEFI Wallet seamlessly connects to every dApp in Web3 across every supported blockchain.
- A single gallery for all your NFTs: XDEFI Wallet neatly displays all your NFTs from every chain in a single customisable gallery, allowing your portfolio to travel with you as you move between blockchains.
References