The demand for cryptocurrencies is growing at a rapid pace. Even the scope of these currencies is surging across crypto markets worldwide. Several organizations provide wallets that are present online, but one size doesn’t fit every business. This is when you need a white label crypto wallet tailored to the business requirements and objectives. These are pre-tested and audited solutions and can be launched under your brand name.
An enterprise needs sound domain knowledge and expertise to develop these wallets. This is when you need a Defi wallet development company with extensive experience and expertise in developing the wallets.
Choosing a wallet provider is daunting, especially when you have several options. However, these ten steps can help you choose the right provider:
*Reputation of the Provider
It is vital to know about the company’s tenure, services and steps they take to protect the user's data. If you get the information you seek, hire them for your job. Associate with a company that has worked on similar projects in the past.
Security is a crucial aspect that the wallet development firm must offer. Ensure that security practices like two-factor authentication, biometrics and automatic session logout have been integrated within the wallet.
The wallets have open-source code, which the third party manages. Learn how private keys will be kept in the wallet and who will hold them, you or the server.
Make sure that you invest in a platform-compatible wallet. The platform must offer an assortment of working frameworks, thereby obliging as many individuals as possible.
In the case of blockchain transactions, ensure they get approval from all the parties. This allows buyers to set up private keys for the wallet to be used by colleagues and families.
*Secrecy of Clients
Most clients are searching for wallets that will hold their data in a private setting. Note whether the wallet requires an email address or other delicate data. Many don’t wish to disclose their private information, which must be kept secret in the wallet.
As an enterprise, you are responsible for ensuring that users don’t face any issues while accessing the wallet. Therefore, choose a solution with a simple UI design.
Cryptos must be secured in a safe space like white-label crypto wallets. Consult Antier, a reputed wallet development firm delivering prominent quality wallets to investors and enterprises worldwide.
The firm has developed over 250 secure and scalable wallets with 2 Million users registered across deployments. The wallets are integrated with basic features like sending, swapping, exchanging and storing with advanced features like 2-factor authentication, live trading info, adding custom tokens and currency conversions. Kickstart your wallet journey by contacting our wallet developers today!