FoxWallet is a safe and easy-to-use decentralized wallet, dedicated to creating an entrance and connection to the Web3 world. FoxWallet strives to provide a reliable and an industry-leading storage solution with encryption.
From a design perspective, FoxWallet follows Bitcoin standards such as BIP-32, SLIP-0044, and BIP-44. By accommodating multiple chains and various sets of mnemonics, and ensuring compatibility with other wallets in terms of mnemonics and addresses, FoxWallet aims to empower users in conveniently managing multiple accounts with a single set of seed phrases while keeping every address independent of each other.
As a decentralized wallet, the mnemonics and private keys of users are stored locally with the help of distributed individual nodes, instead of being uploaded to a centralized server. FoxWallet essentially wants to empower users to be in control of their own private keys and seed phrases, further lowering the risk of theft and censorship.
Utilities Offered by FoxWallet FoxWallet supports over 50 various EVM and non-EVM chains and networks and provides smooth experience while interacting with them. FoxWallet offers a wide range of Web3 tools and features like cloud mining/staking, purchasing crypto with fiat currency, interacting with dapps across multiple ecosystems.
The wallet also provides a simplified DID registration service for a better user experience. Users can store, receive, send and swap their crypto assets, including Ethereum and Bitcoin standard tokens, on FoxWallet. Further, FoxWallet provides users with an excellent opportunity to securely store and showcase their NFTs across various chains and networks, opening up a world of possibilities for NFT enthusiasts.