Math Wallet is a multi-platform (mobile/desktop/extension/hardware) universal crypto wallet that enables storage of all BTC, ETH, Polkadot, Filecoin, EOS, Solana, BinanceChain, Cosmos tokens. Math Wallet also provides cross-chain token exchanges as well as a multi-chain DApp Shop. You can also create wallets within the app. This allows you to easily store, receive, or transfer tokens. You can track your earnings and monitor your portfolio anywhere. The wallet also allows you to earn rewards and track your earnings anywhere. You can store up to 50+ blockchains as well as 3000+ tokens in the wallet.
What is Math Wallet?
It is safe to say that cryptocurrencies have seen an increase in popularity in the last year. The market is expanding rapidly, and people all over the world are now trading crypto and holding it. Most importantly, they believe in crypto more.
This means that crypto markets need to provide safe storage for their currencies. This is what wallets do. The safest and most secure wallets are preferred by cryptocurrency traders and holders. This article will focus on the Math Wallet, which forms part of the large crypto platform Math.
Eric Yu was the founder and chief technology officer of Math. Yu was the CTO for Zhongtopia which is the largest mutual assistance platform in China and has more than ten millions users.
Math Wallet can be used on mobile/desktop/extension/hardware so it is considered a secure multi-platform wallet. It can also store more than 3000 tokens. The most important are BTC, ETH. Polkadot. Filecoin. EOS.
This wallet is multi-chain and allows users to store, transfer, and stake different crypto assets.
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Math Wallet supported cryptocurrencies
MathWallet excels in this area. It allows token storage for over 100 public Blockchains, including BTC and ETH as well as Kusana. Polkadot. Solana. Cosmos. Filecoin. BSC. Fenbushi Capital is backing it, as are Binance Labs and Alameda Research. Multicoin Capital is another investor.
Setup a Math Wallet
Anyone can set up a Math Wallet. A small menu appears when you open the app. It asks you which blockchain you would like to have a wallet for. After choosing a blockchain you can then choose to either create or import a new wallet, or view a demo wallet. The next page will open after you have selected the one you need.
To add wallets that support different blockchains to your app, simply click the tab to the top left. This tab lists all of the blockchains you can choose to add a new wallet or keep your current one.
You will be asked to create backups when you create a new digital wallet. It is very important to keep this backup safe. It is vital that you have access to your funds in case your wallet is lost.
Math Wallet: Benefits
Crypto staking right from app
Math Wallet’s other advantage is the ability to stake cryptocurrency directly from the app. The wallet puts a 21-day lock onto cryptos that have been staked, and a 28 day hold on them for withdrawals. This adds an additional layer of security to the network.
Multiple ways to store cryptocurrency
Math Wallet can be used as a multi-platform wallet, allowing users to store their crypto in a number of different ways. This wallet also allows users to connect to the internet using it as a hot account. This makes it easy and inexpensive to start. As your holdings grow, you might want to have more security. Math Wallet offers hardware support through Ledger. If you need a hardware wallet to protect your coins in between trades, it is also available.
No Middleman
Math Wallet’s game is decentralization. You would be hard-pressed to find a wallet that supports more dApps. They can be accessed through the tabs at each end of the mobile app. MathWallet is multichain, which means it supports tokens from over 100 blockchains. It can also function directly on Web3, eliminating the need to use an exchange platform. This allows users to buy and sell coins from the wallet directly.
Math Wallet Features
Math dApp Browser
Math Wallet also offers a Decentralized Application (dApp) browser. It supports cross-chain token trading and a multichain dApp store. These dApps can be connected to your wallet. You can swap tokens, trade NFTs, buy or sell them, etc.
Maths’ dApp browser extension includes some of the most exciting dApps like OpenSea. Uniswap. Curve. NFT Stats. NFTGO.
Math Vault
Math Vault, one of the largest crypto-currency wallet platforms, offers the option to stake.
Math Vault allows you to stake various coins and has a competitive Annual Percentage rate (APR) of up 30%. You can also stake different coins to get a Math token. The basic principle is that the more you stake BTC/ETH / EOS/ USDT-20C20 to the pool the greater your Math mining power and the more Math tokens you will receive.
Math Vault pool has prominent partners such as Amber AI, Fenbushi Capital, and FundamentalLabs.
Math Tokens
The Math token, which is the central currency of their ecosystem, is the Math token. The token is named the same as the wallet and serves as the main token for many products in their building. Products include a DEX, NFT market, and the layer 2 solution is built on Substrate.
Math Coin is the token at the center of the ecosystem. This allows for many uses from different protocols and systems.
While the token was partly sold for funding purposes, it is still possible to earn it by simply staking the token in the Math Vault app. Here, the token is slowly released to the stakers of the dApp. The token has a halving period each 2 years so it will take at most until 2040 before it is empty.
Math Wallet Fees
It is totally free. Only when you use dApps to send a transaction or use dApps, do you pay blockchain fees? Math Wallet doesn’t charge fees for any other services. Math offers a few apps, such as Math Vault and Math Gas, on its dApp browser site. Which is fair, since it’s in their own ecosystem.
While it’s great that they offer their wallet at no cost, it is important to be aware of the high fees associated with Ethereum’s blockchain. Math Wallet offers many other EVM Blockchains that you can use if Ethereum seems too expensive.
Math Wallet can support blockchains
Math Wallet has many chains supported. This is one of its key features. This wallet is currently compatible with more than 70 chain types. Here is a list of some:
- Bitcoin
- Ethereum
- Polkadot
- Binance Smart chain
- Solana
- Filecoin
- Arbitrum
- Huobi ECO chain
- Polygon
- OKExChain
- Fantom
- Avalanche
- Optimistic Ethereum
- Flow
- TRON
- Near
- Kusama
- Statemine
- Karura
- Bifrost
Security
Math Wallet boasts of many security features including private keys, mnemonic phrases, 2-factor-authentication, and security locks. It’s as secure as any wallet that uses blockchain technology. Users must take care to protect their private keys. Be wary of scams. MathWallet customers/staff will not ask for any of your personal security information, such as keys, phrases, etc. You can increase your personal security by keeping these information private and not allowing them to be entered on to third-party websites. Only the official MathWallet website will have access to them. Also, double-check that all communications are done via MathWallet’s official support email.
MetaMask vs. Math Wallet
MetaMask has been widely recognized in crypto circles as the best and most secure software wallets. Math Wallet has been compared to its strongest competitor.
MetaMask has more users than Math, with 3 million users per month compared to 1,000,000 for Math. MetaMask is much more popular than Math.
In the 2017 bull market, MetaMask was the most popular cryptocurrency wallet. MetaMask was launched in 2014 and is more popular than Math, which was launched in 2019. MetaMask’s main problem for many years was not having a mobile app. But, in the last few months, this issue has been solved.
Both wallets have similar features. Both can be used as an extension to your browser, iOS or Android. MetaMask offers a one-click switch to different networks (e.g. You can switch from ETH network to Ropsten one-click.
MetaMask’s main problem is the increasing number of attacks against MetaMask wallets. Due to its popularity, it was a target. In this way, the Math Wallet at the moment is a safer wallet.
Pros and Cons
| Pros | Cons |
| Easy to use design | Two wallets that have the same name could be confusing |
| Optimized for web3 | Customer support is slow, and they don’t answer all your questions. |
| Support many EVM blockchains |
Conclusion
Math Wallet, in a nutshell, is a high-tier web3 multi-platform wallet. It’s designed for users who are interested in acquiring a variety of decentralized assets. This wallet is worth considering if you’re looking to have access to many platforms, as well as staking and hardware support.
