New Samsung Knox Feature in the Galaxy S10 Crypto Wallet Will Have Bitcoin, Ethereum and a Secret Token Support

After several months of rumours regarding a possible crypto integration with the latest Samsung Galaxy S10, the company confirmed that the new device would be featuring an integrated cryptocurrency wallet. The information was released by Samsung in a recent blog post on February 20.

The Galaxy S10 has been formally unveiled on Wednesday and it includes a new function that is specifically targetting cryptocurrency holders. The new implementation is known as Samsung Knox and it has been designed for storing private keys for blockchain-enabled mobile services.

The smartphone has been leaked on several occasions in the past, starting more than six months ago. And indeed, several reports suggested that the smartphone was going to include a native cryptocurrency wallet. These rumours have been confirmed, and the phone will be supporting major currencies such as Bitcoin (BTC) and Ethereum (ETH), the two largest digital assets in the market.

Developers will be able to use the feature creating hardware wallets using software. That means that S10 owners will have the possibility to have an integrated hardware wallet. Nevertheless, there is no information on whether the company will be featuring a full-scale wallet developed by Samsung itself.

Samsung is not the first company that releases a smartphone with blockchain-related services and features included by default. HTC created the Exodus 1.

Moreover, Sirin Labs gathered funds through an Initial Coin Offering (ICO) several months ago in order to create a new phone with a full-scale hardware wallet integrated on it.

Samsung is going to be the first large smartphone manufacturer in adding support to virtual currencies on its flagship device. Both Google and Apple would also have to think about similar solutions for its clients if they want to remain competitive in the space.

However, the decision that Samsung took is very important for the crypto market because it gives legitimacy to Bitcoin and other virtual currencies in the space. The South Korean technology company has also unveiled a new smartphone that folds in half and is called Galaxy Fold.

If the phone is folded, it looks like a standard mobile device with a 4.6 inch display. If the device is opened it offers a 7.3 inch tablet. The new Galaxy S10 phones start at $749 for Galazy S10e series and $999.99 for Galaxy S10+.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Price Analysis Watch (Feb 20th)

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High

Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just...

Public Mint Launches Its Blockchain; Over 200 Banks Plan to Support Its Digital Money

vPublic Mint, a firm founded by CNET founder Halsey Minor, has announced the launching of its ‘fiat-native’ public blockchain, which enables anyone to easily...

BTC Halving Week Brings in Record Monthly New Accounts & Doubles the Revenue for BlockFi

The past two months have been incredibly dull for the price of bitcoin, but it didn’t affect the businesses in the cryptocurrency space. The...

Currencycloud Partners with Ripple to Leverage RippleNet for Efficient Cross-Border Payments

Currencycloud - one of the global payment processing giants - has become the latest member of the RippleNet family and would help ripple in...

Coinbase Custody and IOHK Partner to Provide Institutional-Grade Staking For Cardano's ADA in Q4

IOHK, the lead developer of Cardano blockchain, and Coinbase Custody, the institutional-grade custodian launched by Coinbase Inc., announced a partnership to allow users to...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today