Life Crypto to Launch a Flexible Single Asset Staking Program and a Multicurrency, Non-custodial Crypto Wallet using Unique Usernames

It is only natural to ask: what’s the point of a cryptocurrency wallet, and why is it so important in blockchain? A cryptocurrency wallet is an endpoint for users wishing to leverage blockchain technologies to send funds or interact with other exciting services such as decentralized finance (DeFi), blockchain gaming and metaverses, NFTs, and more.

To have a clearer and even solid understanding, we must realize that cryptocurrencies and other blockchain solutions cut out the middle man, allowing end-users to take charge of proceedings. That is, the end-user can access services directly from the source without paying extra.

A cryptocurrency wallet acts as the link between the user and the blockchain. Users can access their valuables; even retrieve them anytime they wish. However, it must be realized that digital crypto wallets are still new tools and have not changed much from the early days. There could be a variety of wallets, but all of them rely on the private and public keys pair, allowing owners to interact with the blockchain, proving ownership. The need for public keys has resulted in billions of assets permanently locked and lost, irretrievable by the end-users.

Life Crypto: A Non-Custodial Multicurrency Crypto Wallet Launching In the Summer Of 2022

Life Crypto developers are changing the game and, most importantly, focusing on enhancing user experience to accelerate the adoption of crypto and blockchain technologies. The team plans to release a multi-chain cryptocurrency wallet that’s secure and easy to use in the summer of 2022.

Notably, instead of long public keys with arbitrary numbers, the new wallet would use easily identifiable and quick-to grasp usernames. By replacing public keys with usernames, it doesn’t mean the wallet’s security will be dumped down or compromised. If anything, Life Crypto developers have confirmed that the wallet will be secure and highly functional like any other wallet while remaining non-custodial. This arrangement means the wallet owner will possess its private keys and be free to sign transactions anytime they need to send funds. Instead of copying and pasting long public keys, a sender would require the receiver’s user name.

Plans For A MasterCard Crypto Debit Card

The overarching objective of Life Crypto is to bridge the fast-expanding world of crypto and the real world. Using the Life Crypto multicurrency wallet, users would pay for everyday goods and services quickly and securely. It explains why Life Crypto’s community on Twitter and Telegram are ecstatic about the solution and are already reserving usernames for their wallets ahead of launch. To further enhance user experience and fast-track the adoption of cryptocurrency solutions, Life Crypto is in talks with MasterCard for wallet holders to receive cards for all their cryptocurrency transactions. They have extended the same conversation to Visa. Having MasterCard and Visa on the fold would bring the two of the world’s largest payment processors at Life Crypto’s fingertips, a significant boost for the project.

The Life Crypto Staking Wallet

Besides the wallet, the Life Crypto wallet supports one of the most competitive single asset staking programs in the cryptocurrency market. Its code has been audited, meaning users can safely lock their assets without worrying about being lost. The in-built lockup timer will alert stakers the time they are free to move their assets. Users will enjoy flexible earnings of between 30 percent, 35 percent, and 39 percent APR for different maturation terms ranging from1-month, 6-month, and 12-month periods through the staking program. Users would also see rewards and cash them out hourly through this portal.

At press time, LIFE, the native token of Life Crypto, has a market cap of $12.8 million, changing hands at $0.0013 versus the USDT. LIFE is available for trading on various exchanges including Uniswap v2, MEXC, Gate.io, and Hotbit.