NOW Wallet Review: Is It the Right Choice for You? – Coin check

NOW Wallet is a feature-rich cryptocurrency wallet that allows users to store, manage, and stake their crypto assets through a mobile and desktop app. It supports over 70 blockchains, meaning it supports thousands of cryptocurrencies, from prominent coins like BTC and ETH to lesser-known meme coins issued on Ethereum, Solana, and more.

In this review, we’ll examine the key features of NOW Wallet to help you determine if it’s the right wallet for you.

A part of the broader NOW crypto ecosystem

NOW Wallet is a non-custodial cryptocurrency wallet developed by ChangeNOW, a popular cryptocurrency exchange and exchange service. The wallet is designed to provide users with a secure, easy-to-use and versatile platform for managing digital assets.

The wallet is part of the broader NOW ecosystem, which encompasses several crypto services, including:

• Change NOW: Instant non-custodial crypto exchange designed for fast crypto exchanges.
• NOWNodes: Supports 50+ blockchains and APIs to streamline Web3 development.
• NOWPayments: Crypto payments infrastructure that allows users and businesses to easily transact cryptocurrency online.
• Tracking App NOW: Portfolio tracker that allows users to stay on top of market movements easily.
• ChangeNOW App: Easy-to-use crypto exchanges for over 250 cryptocurrencies.
• Blog NOW: Educational content, latest cryptocurrency news and developments, and more.

As a non-custodial wallet, users retain full control over their private keys and funds. This means that NOW Wallet does not store user data or private keys, which improves security. Additional security features include three-layer encryption, PIN-based protection, and biometrics (Face/Touch ID).

However, it is worth noting that NOW Wallet is a hot wallet, meaning it is designed to connect directly to Web3 products and services. That shouldn’t be a problem in most cases, but you should still make sure to only connect your wallet to services that are trustworthy.

For cryptocurrencies that you don’t plan to use regularly, we recommend setting up one of the best crypto hardware wallets and storing them there. You can transfer it to NOW Wallet at any time, so it shouldn’t be a big hassle. Additionally, you can easily import your existing wallets into NOW Wallet using 12- or 24-word mnemonics, consolidating your cryptocurrency management into a single service.

Mobile and desktop application

NOW Wallet offers applications for mobile and desktop platforms, each designed to provide a seamless and secure experience tailored to the user’s needs.

Available for iOS and AndroidThe NOW Wallet mobile app is designed for users who need quick and secure access to their cryptocurrencies on the go.

The desktop version of NOW Wallet for macOS, Windows, and Linux is aimed at users who prefer to manage their cryptocurrencies on larger screens. Provides a more robust experience with additional features suitable for professional or advanced users.

It is worth noting that users can seamlessly sync their wallets between devices using their recovery phrase.

Supported blockchains and cross-chain crypto exchanges

NOW Wallet supports a wide range of cryptocurrencies, including BTC, ETH, stablecoins, privacy coins, and numerous altcoins. It also provides support for token standards such as ERC-20 and BEP-2.

All major currencies are supported, allowing users to easily access and manage their digital assets. Some of the most notable supported digital assets are:

You can consult the official list for the full list of supported coins, tokens, and chains.

Integrated with the ChangeNOW exchange service, the wallet allows users exchange one cryptocurrency for another directly within the application without the need for a separate exchange platform. An additional benefit for crypto-to-crypto transactions is that no KYC is needed.

fiat support

Users can purchase cryptocurrencies using fiat money through their built-in fiat gatewaywhich supports payment methods such as credit and debit cards. The interface is easy to use and allows users to buy and sell cryptocurrencies directly from their wallet. This could be a big advantage for beginner users, who may feel a little lost when using the advanced trading interfaces used by most major crypto exchanges.

It is worth noting that the payment processors associated with NOW Wallet require users to complete KYC before they can complete fiat transactions. This is in stark contrast to crypto transactions, which have no KYC requirements.

Features of Web 3.0

NOW Wallet integrates Web3 functions to serve users who interact with decentralized applications (dApps) and blockchain-based ecosystems.

NOW Wallet allows direct interaction with decentralized applications through protocols such as WalletConnect. This allows users to seamlessly connect to popular dApps in the DeFi, NFT, and gaming spaces.

when it comes to NFTsNOW Wallet supports storing non-fungible tokens (NFTs) based on Ethereum (ERC-721/1155) and Solana. Users can view and manage directly from their wallet interface and exchange them via WalletConnect, an open source protocol that allows you to connect your wallet to compatible dApps.

The wallet can store and manage utility tokens for various Web3 applications, such as governance tokens or tokens earned from play-to-earn (P2E) games.

Betting options

If you want to participate in protecting blockchain ecosystems with your digital assets, you will be happy to know that NOW Wallet simplifies the entire process. You can stake several popular coins such as TRX, BNB, ATOM, SOL, ADA and more, along with the platform’s native NOW token.

Betting options are available on the staking section. You just need to deposit the supported cryptocurrencies into your wallet and stake the amount of coins you want. Rewards will be automatically deposited into your wallet.

NOW Wallet Pro: Premium Benefits

If the features available in the regular plan are not enough for you, you can try trying the “Pro” plans, both free and paid. The plans come with several benefits such as cash back when exchanging with NOW Wallet, customized web pages for online crypto payments, crypto loans, and AML security checks.

There are three levels available for users. For a complete comparison, you can check the following screenshot taken from the NOW Wallet website.

At this point, it is worth noting that if you experience any problems using NOW Wallet, you can easily contact their professional and responsive customer support. The NOW Wallet team claims to have a 99% user error resolution rate, which is very impressive.

NOW Wallet review verdict

NOW Wallet is ideal for people who value control of their assets, seek a simple user experience, and want to avoid the complexities of cryptocurrency exchanges. DeFi features like staking and NFTs are also easily accessible, making them a great option for Web3 users.

If you are currently looking for a more personalized crypto experience, then the NOW Wallet Pro plan could be a very good option for you as it will allow you to earn cash back and maximize the utility of your assets with crypto loans.