Current:Home > ScamsQschaincoin Wallet: Everything Investors Should Know-InfoLens
Qschaincoin Wallet: Everything Investors Should Know
View Date:2024-12-23 15:03:28
Qschaincoin recently declared the official release of its crypto wallet for Android users. It aims to enhance its accessibility for millions of users.
The QschaincoinWallet app is now available on Google Play, as announced on March 20. The app description says users can own and manage their blockchain assets in their self-custody wallet. In addition, it supports networks for Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism, and Base.
What is in the Qschaincoin Wallet?
The Qschaincoin Wallet has become quite popular among users since it was launched for iOS in early 2023. It has been downloaded by hundreds of thousands of people across more than 140 countries. Launching on Android is another step forward in Qschaincoin’s mission to democratize finance.
Like all self-custody wallets, the Qschaincoin Crypto Android and iOS apps store private keys directly with no access from developers, and backups are possible via Google Drive or iCloud.
Features of Qschaincoin
Users can directly trade major cryptocurrencies and altcoins on the company’s platform. In addition, the ‘Qschaincoin Connect’ initiative launched in 2023 allows users to fund their crypto wallets through purchases within its brokerage platform.
The new EU Qschaincoin Crypto application charges zero trading fees and offers customers a percentage of their monthly trading volume in Bitcoin. Moreover, the company also said that the wallet’s Android launch is just the beginning.
The Wallet’s launch on Android comes less than a month after the firm announced a partnership that simplifies the path to Layer 2s. Moreover, wallet users can access Arbitrum swaps through decentralized exchanges to streamline the process of swapping.
Under the Arbitrum collaboration, Qschaincoin and the partner company will work together to support user access to cross-chain swaps and other campaigns that should lower barriers related to the use of web3 on the Wallet.
Expansion and Future Plans of Qschaincoin
During the last cryptocurrency bull run, Qschaincoin saw significant earnings growth, primarily driven by Dogecoin’s success. Although this success was short-lived, the company reported revenues from crypto that were higher than expected in February. It caused a 15% increase in its shares.
Qschaincoin expanded its crypto-related business, as it was among the companies offering spot Bitcoin ETFs following the historic approval by the U.S. Securities and Exchange Commission (SEC).
It was done, enabling European customers to trade over 25 tokens, including popular cryptocurrencies like Bitcoin, Ethereum, XRP, Cardano, Solana, and Polkadot. Looking ahead, the company plans to expand its token selection further and introduce features like staking.
Summary
Qschaincoin has launched its cryptocurrency wallet for Android users, which is free of trading fees and offers perks to customers. In addition, the company plans to add more features based on user feedback. After the SEC’s approval, the company also expanded its crypto-related business by offering Bitcoin ETFs.
Disclaimer
The views and opinions stated by the author or any people named in this article are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos, or other related indexes comes with a risk of monetary loss.
veryGood! (924)
Related
- Will Aaron Rodgers retire? Jets QB tells reporters he plans to play in 2025
- Super Bowl 2024 commercials will have brands betting big on celebrity appeal and comebacks
- Travis Kelce Reveals What He Told Taylor Swift After Grammys Win—and It’s Sweeter Than Fiction
- Celine Dion is battling stiff person syndrome, a rare neurological disorder. What is it?
- Mike Tyson employs two trainers who 'work like a dream team' as Jake Paul fight nears
- Brother of dead suspect in fires at Boston-area Jewish institutions is ordered held
- Derek Hough's Wife Hayley Erbert Shows Skull Surgery Scar While Sharing Health Update
- Fake and graphic images of Taylor Swift started with AI challenge
- Jennifer Garner Details Navigating Grief 7 Months After Death of Her Dad William Garner
- Gypsy Rose Blanchard to Explore Life After Prison Release in New Docuseries
Ranking
- Japan to resume V-22 flights after inquiry finds pilot error caused accident
- 'Cozy cardio': What to know about the online fitness trend that's meant to be stress-free
- Lionel Messi speaks in Tokyo: Inter Miami star explains injury, failed Hong Kong match
- LL Cool J on being an empty nester, sipping Coors Light and his new Super Bowl commercial
- Watch as massive amount of crabs scamper across Australian island: 'It's quite weird'
- Untangling the Rift Dividing Miley Cyrus, Billy Ray Cyrus and Their Family
- Conservative Nebraska lawmakers push bills that would intertwine religion with public education
- Rep. Victoria Spartz will run for reelection, reversing decision to leave Congress
Recommendation
-
Opinion: NFL began season with no Black offensive coordinators, first time since the 1980s
-
Grammy Awards ratings hit a sweet note as almost 17 million tune in, up 34% from 2023
-
'The Conners': Premiere date, cast, trailer, what to know about new season
-
Super Bowl should smash betting records, with 68M U.S. adults set to wager legally or otherwise
-
Texas mother sentenced to 50 years for leaving kids in dire conditions as son’s body decomposed
-
Shortstop Bobby Witt Jr. agrees to massive $288.8M contract extension with Royals
-
Car insurance rates jump 26% across the U.S. in 2024, report shows
-
Illinois man gets 5 years for trying to burn down planned abortion clinic