With the acceptance of crypto growing, people are asking more questions about the ownership of tokens. Users want to be certain that digital storage mediums can guarantee long-term security. This article will outline the available options for keeping blockchain assets. It will also explain why Tectum SoftNote is the most intuitive and secure crypto wallet.
Challenges Facing User Experience in Noncustodial Crypto Wallet
Users face two choices when storing their cryptocurrencies, which are – custodial and noncustodial wallet. We will not dwell too much on their difference, as this prior article already covered it. Instead, we will focus on noncustodial wallets, as they guarantee significant control over their digital assets.
Metamask, Trust Wallet, Coinbase, etc. are becoming more popular as people now seek more authority over their tokens. While these options guarantee influence over their cryptocurrencies, noncustodial wallets are typically more difficult to use.
Accessing these storage mediums for the first time is typically overwhelming. The complexity of noncustodial wallet exposes people to several vulnerabilities that cybercriminals can exploit. The first and obvious is the private key, which comprises multiple phrases that are usually difficult to remember.
People often resort to storing them in their emails or writing the phrases somewhere. Should this private key fall into the wrong hands, the victim can lose all their assets. The individual can also permanently lose their cryptocurrencies if they misplace their private key. Think of it as locking yourself outside your house without a spare key.
Even if people surmount this challenge, they still face the issue of managing tokens across different blockchain networks. This is so stressful, it is almost like having multiple wallets on the same platform. You constantly have to switch between different accounts.
Custodial or Noncustodial Wallet: Finding the Best of Both Worlds
Despite their setbacks, noncustodial wallets have significant promises. Developers can take a cue from custodial wallets, when developing features that will constitute the user interface. In fact, blockchain firms should blend simplicity with security when designing blockchain wallets.
First, blockchain firms should have alternative means of accessing their account. Contrary to what people think, random phrases are not the only options for private keys. Crypto startups should consider the more user-friendly options of private keys. Another issue people face when using noncustodial crypto wallets is sending and receiving tokens.
People have to receive cryptocurrencies via a long list of characters that make up the public key. One mistake and the tokens may end up in the wrong wallet or be lost forever. As against the orthodox public keys, developers can create an alternative medium of sending and receiving cryptocurrencies. It should be one that is easier to verify and not hectic to use.
Tectum SoftNote: Features of Most Intuitive Crypto Wallet
Meanwhile, crypto users need not wait on developers to create a simple token storage and transfer medium. Tectum SoftNote, the mots intuitive crypto wallet, already has the features that will significantly improve user experience.
This noncustodial wallet perfectly blends the benefits of both custodial and noncustodial wallets for a premium user experience.
For a better understanding, below are some of the features that make Tectum SoftNote the most intuitive crypto wallet:
- Simple 2-Step menu: users can access every feature within the SoftNote Wallet with no more than two clicks. The menu is so user-friendly that you do not have to use the left click button more than twice. Even someone completely new to crypto can easily use this wallet.
- Sending Crypto Via Email or User ID: individuals have three options for sending cryptocurrencies through Tectum SoftNote. They can either use the receiver’s Tectum ID, email address or public key. This flexibility makes crypto transfer more practical and smart.
- Multiple Networks in One Account: from the wallet section, people can see each token in their respective networks. Unlike Metamask, individuals need not switch between accounts to access which token is available on what network. Everything is listed out for you.
Tectum SoftNote is such an intuitive and user-friendly wallet that mistake it for a custodial wallet. Think of it like combining the best features of Binance Wallet and Metamask.
Do you want to send and receive cryptocurrencies far more easily, without fuss? Sign up on SoftNote Wallet and enjoy premium user experience.
The best part is that Tectum will be launching the SoftNote mobile app in the coming months. Therefore, anyone who has an account can access their portfolio from their mobile devices.