The cryptocurrency industry is undergoing significant changes in recent years. The growing number of investors and their increasing demands place higher and stricter requirements on cryptocurrency platforms. Cryptocurrency wallets – indispensable digital asset storage and management tools for any blockchain traders – are developed with more sophisticated advanced algorithms. Crypto giants, and professional trading companies, instead of operating on centralized exchanges only, are now joining the group of crypto-wallet users because e-wallets offer better security for assets and private information.
In the list of the best digital wallets today, OWNR is considered to have high reliability and flexibility in transactions. Ownr crypto wallet is developed with advanced technologies to help its users, including individual crypto enthusiasts, businesses, and digital currency developers, use cryptocurrency as a general payment method. Take a closer look at how to use this multifunctional wallet below.
Some basic information about the multi-function HD crypto wallet OWNR
The OWNR all-in-one crypto wallet launched in 2018 amid a volatile crypto exchange market. Cryptocurrencies surged up and then slid rapidly, and ICOs plummeted without stopping. Meanwhile, many popular exchanges have been hacked, manipulated, and collapsed – Mt.Gox or Coincheck, for example – raising questions about the safety and legality of electronic money trading activities. Efforts to regulate and manage blockchain systems, improve security vulnerabilities, and revive the fledgling industry are remarkable. FinCEN, a global leader in Fintech, network security, and cryptocurrencies, immediately stepped in and introduced the OWNR multi-function HD wallet product with outstanding advantages tailored to the needs of the most demanding crypto traders and enthusiasts: A comprehensive suite of globally licensed digital asset management solutions and state-of-the-art security technology.
After more than 5 years, OWNR has been licensed to operate in money services in 7 major countries. The number of participants using OWNR to store and trade digital assets reaches millions of people from more than 216 countries and territories globally. Of course, those impressive numbers continue to grow as OWNR extensively improves and releases more new features, conquering the enterprise segment and developers while maintaining a user-friendly interface and simple and smooth operations on any device.
How to use the Ownr innovative cryptocurrency wallet?
1. Create an account
The all-in-one HD wallet for Bitcoin and crypto assets OWNR can be used on web browsers, desktops, and mobile apps regardless of the operating system. Potential participants can visit the official OWNR website or download the wallet app to their devices to get started. As an HD wallet unique feature, OWNR’s security is based on a seed phrase. It is a phrase consisting of 12/15/18/21/24 random words, allowing display in 8 languages. To sign up for a new account, users first need to create a seed phrase with the length and order of their choice. Users need to memorize them or store this original code as this is the only way to access their wallet and recover the previous HD wallet if they used an HD wallet before. Compared to conventional crypto wallets that use public and private keys, the cryptographic algorithm that uses a seed phrase is more secure and capable of generating multiple addresses continuously. Signing up for an account goes through the brief steps of providing and verifying an email and phone number. As soon as the account is successfully registered, the wallet owner can perform transactions or install additional layers of security for the root phrase and the wallet application.
2. Buy and receive crypto
Buying crypto does not require the OWNR wallet holders to have any particular experience or skills. This cryptocurrency wallet supports over 10 mega-cap cryptocurrencies and more than 200 ERC-20 tokens, automatically updated to the list on the wallet interface. Using the root phrase, the HD OWNR wallet allows users to generate up to 20 consecutive addresses for uninterrupted transactions and minimize wait times for confirmation of a particular transaction. Wallet users can pay for their orders by bank card, visa debit card, Mastercard, or UnionPay. For businesses or bulk traders looking to buy crypto on a large scale, the OWNR wallet allows fast, convenient, and secure payment of OTC deals with SWIFT or SEPA. The Segwit add-on is perfect for experienced traders who want to speed up their transfers at lower fees.
3. Crypto-to-crypto exchange
OWNR wallet is developed with built-in API technology that allows the exchange of Bitcoin, Tether, and some popular coins on a single wallet interface. It is an outstanding feature of OWNR. In addition to eliminating time-consuming operations working with other platforms or applications, it also allows traders to set network fees themselves. Depending on the high or low fee, transactions will receive higher priority and limit the impact of sudden price spikes. Price widgets of all supported coins can be added to the main interface for OWNR platform digital asset holders to monitor volatility and make the most reasonable and profitable trading decisions.
4. Sell crypto and withdraw
The flexible and diverse payment options OWNR supports are the reason crypto-lovers – after trading on the OWNR platform -do not consider any other digital wallet. Traders can receive payments in various fiat currencies on their bank cards, including EUR, USD, GBP, RUB, or cryptocurrencies to OWNR wallets or Visa Prepaid cards issued by OWNR.
Each user can register for an OWNR wallet Visa Prepaid card and receive a virtual card used on the app and an ATM card delivered anywhere in the world. The Visa prepaid card is the best solution for any individual or business operating in the blockchain field thanks to the allowance of cryptocurrency’s liquidity which is no different from real money. Pay for goods and services and receive payouts in bitcoin and crypto, withdraw fiat money at ATMs, pay staff salaries, buy gift cards… all in one software and with preferential partner fee.
One of the latest solutions OWNR has introduced into its comprehensive cryptocurrency ecosystem is a payment gateway for exchanges and major crypto trading giants. The OWNR payment gateway will be integrated right into their website. Customers can buy crypto and pay through the OWNR payment gateway without exiting the website or going through other verification steps.
