Enjin Wallet Update To Feature An In-app Token Converter
The next version of the Enjin Wallet will support the in-app conversion of digital currency tokens this update is expected to roll out for both Android and iOS devices on January 29.
The Enjin Wallet is renowned for its advanced functionalities and support for hundreds of digital assets. It is secured using NSA-grade encryption mechanisms. Now, the developers of this project have announced the introduction of a feature that enables the in-wallet conversion of cryptocurrencies. The exchange rates will be sourced from the Kyber Network, Bancor Network and Changelly digital asset exchange platforms.
The new feature will enable users to choose their preferred exchange platform out of the aforementioned three. After choosing, the customers will have access to several crypto-to-crypto trading pairs. This safeguards the crypto assets from the vulnerability of conventional exchange platforms.
Maxim Blagov, the CEO of Enjin, lauded the contributions made by the three partnering exchanges in actualizing this project. He added that this is an indicator that stakeholders in the crypto markets believe in the potential of digital assets. Maxim concluded that the ultimate goal is to increase the mass adoption of blockchain technology.
Loi Luu, the CEO of Kyber Network, said that his company will continue supporting digital wallets because they promote the adoption of virtual currencies.