NOW Wallet: See Why It’s a Step Ahead of Other Non-Custodial Wallets

With the rise of crypto, users are questioning who really owns their digital assets when they store them on various platforms. That’s where non-custodial wallets come in, built on the ‘your keys, your coins’ principle, providing users with peace of mind knowing they are the sole keepers of their private keys and funds, with no third parties involved.

An inherently self-custodial wallet, NOW Wallet has become the preferred choice for many in the crypto community, thanks to its flexibility in catering to diverse user needs. While NOW Wallet is renowned for its versatility and user-friendly design, it faces competition from other wallets that cater to niche audiences. However, when compared closely, NOW Wallet appears to offer advantages for most users. Let’s explore the wallet’s standout features and how it stacks up against its competitors.

Key Features of NOW Wallet

Intuitive and Accessible Across Devices

NOW Wallet stands out for its user-friendly design, making the complex world of crypto easy to navigate for both beginners and experienced users. The simple, intuitive interface ensures effortless management of assets, much like traditional financial apps. Additionally, NOW Wallet is available on multiple platforms, including desktop (MacOS, Windows, Linux) and mobile (iOS, Android), ensuring users can access their funds anytime, anywhere. The wallet’s user approval rating is quite impressive, as it consistently soars above 4.5 stars on app stores.

Broad Multi-Currency Support

Supporting over 70 blockchains and more than 1,500 tokens, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), privacy coins like Monero (XMR) and Zcash (SEC), meme coins such as Dogecoin (DOGE), and stablecoins like Tether (USDT) and many more, NOW Wallet provides remarkable flexibility for crypto enthusiasts. What’s more, the wallet enables users to add custom tokens from supported EVM-compatible blockchains and the Tron network to further expand their options beyond many of its competitors.

Non-Custodial Control And Security 

As a non-custodial wallet, NOW Wallet aligns with the core principles of cryptocurrency: decentralization and complete ownership. Users maintain full control of their private keys and funds, ensuring their assets remain secure without third-party intervention.

NOW Wallet also offers several recovery key options to ensure users can securely regain access to their accounts. These include a 12- to 24-word backup (seed) phrase for restoring wallets, private keys for additional control over recovery, PIN codes and biometric authentication (fingerprint or face recognition) for added security. These options provide users with flexibility and assurance in case of lost access or device issues, while maintaining strong privacy and security. 

NOW Wallet also offers enhanced control over transactions with features such as account nonce for Ethereum transactions, providing users with additional flexibility and security.

Built-In Exchange Functionality

Thanks to its integration with ChangeNOW, NOW Wallet offers a built-in exchange service that enables fast, transparent, and seamless cross-chain swaps directly within the app, with no need to leave the platform. 

Buying and Selling Crypto

NOW Wallet supports the purchase and sale of cryptocurrencies using over 60 fiat currencies through popular payment methods like Visa/Mastercard, Apple Pay, Google Pay, and bank transfers.

Staking Capabilities

NOW Wallet supports staking for a variety of tokens, including Tron (TRX), Binance Coin (BNB), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Tezos (XTZ), and the native NOW Token (NOW), allowing users to earn passive income on their holdings.

For Businesses

NOW Wallet, through its integration with NOW Payment as a Point-of-Sale (POS) solution, provides businesses with a convenient way to accept cryptocurrency payments directly at physical retail locations or online stores. This feature turns any device into a powerful crypto payment terminal, offering both flexibility and security for businesses looking to accept digital currencies as payment.

It also provides secure cryptocurrency storage and management, fast and effortless deposits, personalized solutions for partners seeking tailored services, and even assistance with marketing strategies.

NFT Management

The wallet allows users to receive, transfer, and manage NFTs on Ethereum (ERC-721 and ERC-1155 standards) and Solana directly within the app. NFTs on the Binance network will also be supported soon. With full integration of WalletConnect, the wallet enables users to buy and sell NFTs across various marketplaces.

WalletConnect for DApp Access

NOW Wallet supports a variety of decentralized applications (dApps), including decentralized exchanges (DEXs), through its WalletConnect integration. This feature allows users to seamlessly access and interact with dApps across multiple blockchains, including Ethereum, Binance Smart Chain, Polygon, Avalanche C-Chain, and others. 

By connecting to these decentralized platforms, users can participate in activities like trading, yield farming, liquidity provision, staking, and borrowing/lending, all directly from their wallets, without relying on centralized intermediaries. This integration significantly enhances the wallet’s versatility, making it a valuable tool for users who prefer decentralized finance (DeFi) and other blockchain-based applications.

Pro Membership for Enhanced Experience

With NOW Wallet Pro membership, users get to enjoy added benefits, available in both free and paid plans, including cashback on every exchange transaction, AML address checks, crypto loans, and the ability to create private web pages for receiving funds, further enhancing their wallet experience.

Competitors’ Brief Overview 

While NOW Wallet shines with its extensive feature set, several competitors have carved out niches catering to specific audiences. Here’s how they compare:

Why NOW Wallet Stands Out

• Unlike MetaMask and Trust Wallet, NOW Wallet supports Monero (XMR), along with over 1,500 tokens, and even custom assets on Tron and supported EVM-compatible chains.
• In contrast to Trust Wallet, which lacks desktop compatibility, NOW Wallet offers seamless access across multiple devices.
• NOW Wallet’s support for a number of privacy-focused coins such as Monero, Zcash, Oasis, OriginTrail, Worldcoin, and many others provides anonymity-seeking users the ability to swap privately and securely, giving it an edge over Exodus that does support some privacy coins but not to the same extent. Also, NOW Wallet is fully non-custodial, while Exodus takes the custodial aspects for some features.
• Compared to Ledger Live, NOW Wallet offers a much more user-friendly interface and eliminates the need for a hardware wallet, providing users with the convenience of managing their cryptos directly through the apps and devices they already use.

Conclusion

Since non-custodial wallets currently dominate the cryptocurrency market, NOW Wallet appears to be loaded with features, all-inclusive, and a user-friendly option. With NOW Wallet, users get a complete suite of user-friendliness, flexibility, and self-custody, no matter how much or how little they know about cryptocurrency. It is evident why NOW Wallet is a favorite among users globally, considering its outstanding multi-currency support, smooth cross-chain swaps, staking, NFT compatibility, and enterprise-ready features.