New tZERO Crypto App Wallet Allows Users Trade in Multiple Cryptocurrencies
Emerging Crypto Platform tZero on June 27 launched a new application that gives users the opportunity to trade in multiple cryptocurrencies, including Ethereum and Bitcoin. The new application is equipped with new and exciting features, which includes combining a digital wallet with exchange services.
In order to make the application seamless and very easy for the users, the new application, called tZero Crypto App has equipped with a recovery system that aid the user recover their funds, should in case they lose their phone or device.
The new app is equipped with a recovery key that allows the user to gain access to all the lost information and continue former transactions unhindered.
Commenting on the important milestone, the company’s CEO Saum Noursalehi stated that:
‘’The tZero Crypto application is an important milestone in our plans to provide an intuitive experience for trading all digitals asset.’’
The app can be found is readily available for iOS and will soon be readily available for Android users.
The company, which is funded by Medici Ventures launched a security token trading platform last January, and haven’t looked back since then.
Security and Privacy
tZero is mindful of the security threat facing the crypto space and as such program the new app in such a way that it will store private keys directly on the user’s smartphone.
According to a press release obtained by Reuters, the firm assured the general public that the new wallet is safe, secure and not vulnerable in any way whatsoever.
Although the wallet is currently opened to only bitcoin and ethereum at the moment, tZero hopes its crypto app will become the foundation of trading all digital assets, whether its art, real estate, or private companies.
The latest commitment by the company is coming on the heel of tZero’s funding round of around $5million from Chinese investment firm GSR Capital back in May, in a deal that accounted for about 2% of the originally projected investment of $404 million from GSR Capital and Singaporean private equity firm Makara Capital.
Competition is high in the crypto space, every day, new and improved coin keeps springing up, with an improved feature to eradicate fraud and protect user’s privacy.
Bitcoin Exchange Guide reported earlier in the month that the developers behind another new project called the Grin project will be upgrading in July.
The Grin project, which will set for its first hard fork, assured the general public that the upgrade will be timely but cannot really put a date to it, as unforeseen circumstances can easily delay the scheduled date.
Although no date has been communicated yet, the firm promised to be transparent in all of its doings and will duly release a statement if there is a change in plan.
Grin is a privacy coin. It uses the Mimblewimble technology in order to obfuscate the activity of the user, this way, others will not be able to discover what you are up to.