Krystal Wallet Apps Review

[Suba]

Krystal Wallet is a non-custodial wallet that can facilitate access to Web3 and can be connected to 11 blockchains such as BNB Chain, Ethereum, Solana, Optimism, valanche, Fantom, Polygon, Aurora, Cronos, Arbitrum and Klaytn

You can find Krystal wallet in Playstore, Appstore and Krystal wallet official website (Defi.krystal.app) can also connect your personal wallet to enter Web3. You just need to click Connect Wallet and choose your wallet like Krystal wallet, Brave wallet, Coinbase, Ledger etc.

Krystal wallet launched in 2021 by KyberSwap and backed by leading investors like Crypto.com, Capitalm Arkstream etc.

Key Features of Krystal Wallet
Swaps
The swap feature serves to exchange tokens from and to different networks, also can choose lower rates.

SmartSwaps
This feature works as a trade route between multiple DEXs, thereby achieving the best rates with minimum slippage.

earn
Firur Earn allows Krystal wallet users to earn interest from tokens on any available blockchain network.

KrystalGO
KrystalGO is an Initial DEX Offering (IDO) launchpad, which allows users to get access to projects released on various networks.

Market Tracker
The Market Tracker feature allows users to monitor crypto price movements that are integrated with the Krystal wallet, users can also find out which crypto performance is good and bad.

Rewards
Krystal wallet often hosts events that allow users to earn prizes from both trade campaigns and from Guess & Win events.

Krystal Bridge
As a bridge to transfer tokens from one blockchain to another, for example from Polygon to BSC.

Advantages of Krystal Wallet

Practical
Only from a mobile phone, users can make many transactions/activities.

No Additional Fees
Users only need to pay gas fees according to the blockchain used for transactions.

 

[saoussen5765]

What is difference between regular wallet and web3 wallet? Also I see there is new feature of bnb domain name and does has relation to Web3 technology as Binance is offering this days? And also does Web3 hold or provide seed phrase?

 

[Suba]

What is difference between regular wallet and web3 wallet? Also I see there is new feature of bnb domain name and does has relation to Web3 technology as Binance is offering this days? And also does Web3 hold or provide seed phrase?

One of the main differences between a regular wallet and a web3 wallet is that a web3 crypto wallet can store various cryptocurrencies ranging from coins, tokens and NFTs, and can also access or bridge decentralized applications on various networks or blockchains. Meanwhile, cryptographically the web3 wallet can connect data, be it individuals, companies or machine learning algorithms that are more efficient. Other examples of Web3 wallets are Metamask, Coinbase and Trust wallet. Argent, DeFi wallet.

Binance also has a web3 non custodial wallet based Binance Defi Wallet, as a bridge across blockchains.

Not all web3 wallets hold or provide seed phrases, for example at Coinbase we don't have seed phrases.