We know you are probably wondering when the mobile app of the best crypto wallet will go live. Not to worry, Tectum is keeping our promise to deliver the beta version of this application in September. Despite the delay in external approvals, there are still exciting updates, like the new SoftNote Wallet Mint House.
What exactly is “new” about the Mint House section of our blockchain wallet? Why should people be excited about this updated SoftNote component? Is this even a good enough reason to create an account and start minting SoftNote Bills?
Keep reading to find out.
How The New SoftNote Wallet Mint House Enables Crypto Retail Transactions
Mint House is the section of the SoftNote Wallet where people create new bills, add liquidity to existing ones, or burn them. For educational purposes, SoftNote Bills are like mini wallets that help people compartmentalize their cryptocurrencies into smaller denominations. Rather than send the bills to someone, people simply exchange ownership of the “mini wallets”.
Well, that is the “stock version” of the Mint House. Things are way more amazing in the updated edition of this wallet. What changes did we introduce?
First, we introduced smaller denominations to help people spend SoftNote Bills better than fiat. With the new system, people can now spend as little as $0.01 via blockchain transactions. Yes, you can send 1 cent to someone from your Tectum wallet. To better appreciate the importance of this feat, let’s consider what is applicable in regular cryptocurrency settings.
Tron (TRX-20) is one of the cheapest networks available for sending $USDT tokens, with a fee of $1 for any amount. To give someone $1, the sender must have at least $2 in their wallet. $1 for the receiver and the rest for the network fee. Other networks like Ethereum may demand an amount even more significant than the $1 you want to send.
Even with traditional banks, you cannot send 1 cent to someone else.
User-Friendly Interface of the New Mint House
The updated Mint House goes beyond creating multiple Bills denominations. Tectum’s ecosystem comprises consumer crypto products and we continuously tailor them to suit the average person. This includes simplifying usage to levels where individuals with no technical expertise can use our applications and services.
The updated SoftNote Wallet Mint House incorporates this principle and is now simpler than ever. People can Mint, Fill, or Burn new SoftNote Bills with no more than three clicks of a button. Within three steps, you can create a new Bill, fund it or even extract your cryptocurrency from it.
Furthermore, the team introduced tutorials to SoftNote Wallets. These are brief directives that people can read if they are confused about specific features or functions. If you are stuck at any point in the Mint House, simply click or hover your cursor over the “information icon” and the system will give you further guidance.
Meanwhile, people can now check the individual minting fee of specific bills before creating it. Simply look at the figure just underneath the specific SoftNote Bill you want to mint and you will see the cost of doing so.
Finally, users can assess specific minting, filling, and burning history for each bill from the Mint House. Don’t want to scroll long details of previous operations involving all tokens? No fuss at all. Simply choose the Bill you want to access and click on “History”. Even better, you can filter the results based on “Mint, Fill, Burn, and All”.
Will the Updated SoftNote Wallet Mint House Be Available on Beta App?
This is the question bugging the minds of all community members. The simple and short answer is – Yes, the updated SoftNote Wallet Mint House will be available on the beta app. Everyone with a SoftNote account will be able to mint, fill, and burn all the Bill denominations available on the website.
Meanwhile, the team is not just stopping at making the Mint House available on the mobile app of the best crypto wallet. We are taking additional steps to incorporate even better features that will maximize user experience. This involves tweaks to the arrangement of sections in the SoftNote Wallet.
Instead of waiting idly for approval from mobile app stores, the team is conducting internal testing to further fine-tune user experience. Our goal is to launch a near-perfect beta app that will rival even the most popular crypto wallets.
Meanwhile, do not forget to follow Tectum on all social media platforms. Also, visit the SoftNote Wallet App page regularly to get instant updates as they become available.