Fully-featured crypto wallet speeds up the DeFi experience
The sad reality is that most decentralized finance (DeFi) wallets and protocols are complicated to use, especially for beginners. Although rich in functionality, these products are often designed by technologists and not for the everyday user who needs more guidance to get started.
With consumers used to the simple interface on apps like Tinder, the “swipe left, swipe right mentality” has since transcended into all other consumer-facing products, finance included. The result is that while cryptocurrency assets and DeFi grow, so has the breadth of their functionality, and therefore, their complexity, as features become split across multiple chains and applications. Users may have to navigate multiple interfaces, in addition to a combination of hardware and software wallets, just to track portfolios.
Rising up to meet the challenges is Ambire, previously known as the AdEx Network.
The team behind Ambire has launched an innovative non-custodial smart wallet to solve UX problems and offer quick and easy onboarding for both novice and experienced crypto users. The experience is simplified with an email, password registration setup and a possibility to purchase digital assets through three different on-ramp methods, including wire transfer and credit card.
To make the DeFi world more accessible, the Ambire wallet meets each user where they are by providing a login that eliminates the need for a user to record their seed phrase. The platform leverages smart recovery to help users regain access to their account if it is lost. That said, wallets are non-custodial, giving users complete control over their private keys and wealth. Alternatively, a hardware wallet or another software one can add as a signer for an additional layer of
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