Copy link
Increase text size
Decrease text size
Link copied

Brave officially announces Ethereum-focused “Crypto Wallets” feature

Wed, 28 Aug 2019, 06:37 am UTC

Following recent reports that suggested that Brave was working on a crypto wallets feature, the blockchain-based web browser has officially announced that it is developing a cryptocurrency wallet for Ethereum tokens.

In a blog post dated August 27, Brave said that its “Crypto Wallets” will support ether (ETH) and most standard Ethereum tokens and collectibles, including BAT.

“With Crypto Wallets, you can either manage your keys in a software wallet in Brave, or connect a physical hardware wallet (Ledger or Trezor) for more secure key-management,” Brave said.

In addition to supporting Ethereum tokens, the wallet allows interaction with decentralized applications (or DApps) – this feature, according to Brave, makes it “a fully-featured web3 browser.”

However, the wallet currently cannot interact with Brave Rewards, meaning that users cannot transfer BAT directly between Brave Rewards and Crypto Wallets. However, Brave said that it wants to integrate the wallet with Brave Rewards, which will enable users to fully control the keys to their Brave Rewards wallet, as an alternative to Uphold’s custodial wallet.

The feature is currently available in Dev and Nightly builds of Brave. However, the company said that Crypto Wallets has been through extensive testing yet and recommended users to “stick to small amounts and keep regular backups.”

“This isn’t a universal, built-for-everyone feature like Brave Rewards: it’s only for you if you are already familiar with crypto,” it added.

Going forward, Brave intends to add Uphold support to Crypto Wallets, allowing users to manage assets in their Uphold account inside of Crypto Wallets, and directly transfer crypto assets between their verified Uphold account, Brave Rewards, and Crypto Wallets.

Just recently, Brave expanded its crypto tipping facility to Reddit and Vimeo, which was initially launched on Twitter. Users can now tip on both ad-free video platform Vimeo and social discussion network Reddit using Brave’s native crypto Basic Attention Token (BAT).

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (btc) $37,660.00 (-4.66%)
  • Ethereum (eth) $2,323.05 (-5.19%)
  • Tether (usdt) $1.00 (+0.07%)
  • Binance Coin (bnb) $352.40 (-2.39%)
  • Cardano (ada) $1.48 (-3.77%)
  • Bitcoin (btc) $37,660.00 (-4.66%)
Jun 18, 2021 (Friday)
CRYPTOBANK’s CBANK Token To Be Listed On
Crypto Market Sentiment On Jun 18: Market In "Extreme Fear"
BTC Tops List Of Crypto Net Outflow With $553.46 Mln In Past 10 Hours
Jun 17, 2021 (Thursday)
BTC Surges by 1.05% Within 5 Mins, Marking 37,733.19 USDT
BTC Drops by 1.16% Within 5 Mins, Marking 37,834.09 USDT
TriumphX Publishes NFT In Partnership With Artist HANJUNGSUN
Crypto Market Sentiment On Jun 17: Market In "Fear"
BTC Tops List Of Crypto Net Inflow With $233.17 Mln In Past 10 Hours
Jun 16, 2021 (Wednesday)
BTC Surges by 1.05% Within 5 Mins, Marking 38,856.33 USDT
BTC Drops by 1.21% Within 5 Mins, Marking 38,668.43 USDT
BTC Surges by 1.01% Within 5 Mins, Marking 38,805.42 USDT
BTC Surges by 1.03% Within 5 Mins, Marking 39,420.3 USDT
BTC Drops by 1.09% Within 5 Mins, Marking 39,300.01 USDT
NFTMart Inks An Agreement With FM Gallery
BTC Surges by 1.01% Within 5 Mins, Marking 40,330.4 USDT
TriumphX Dismantles Game Business Department Due To Stricter Regulations Of Game NFT Government
DeFi Options Protocol Asteria Reaches A Strategic Partnership With Crypto Investment Platform For Financial Institutions Diversifi
BTC Tops List Of Crypto Net Inflow With $111.76 Mln In Past 10 Hours
Jun 15, 2021 (Tuesday)
BTC Drops by 1.07% Within 5 Mins, Marking 39,539.91 USDT
BTC Drops by 1.57% Within 5 Mins, Marking 39,913.74 USDT
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.