Infinito Wallet review
If you are thinking about universal and secure mobile cryptocurrency storage, think about Infinito Wallet. This is a multi-coin, multi-wallet, multi-lingual mobile app for both Android and iOS devices which supports majority of tokens. Of course, it offers many other features too, like a QR code scanner, transaction memos, touch ID support, lists of frequent addresses for easier transactions, regularly maintained gateways to blockchains which make transactions faster, transaction memos and low transaction costs due to revolutionary technology. However, people behind the product are working on new features every day, and we expect many other things to be added soon. Things like overview of the portfolio (an indicator that shows the difference in price in last 24 hours) and price change alert (monitors price changes). Interested? Keep reading our Infinito Wallet review and find out much more about it.
Why Infinito Wallet?
Different cryptocurrencies are stored on different blockchains and, until recently, it was impossible to store them at the same wallet address. Moreover, sending coins from one address to another could lead to irretrievable loss of funds. This meant that people had to take care of many different wallets and passwords and expose themselves to a greater risk due to the lower security of the whole process. So, we can say that Infinito Wallet’s mission is to solve all these issues by helping people store, receive and send many different cryptocurrencies (and the list is still growing!). The wallet supports transactions in BTC, BCH, NEO, LTC, GAS, DASH, DOGE and many more NEP5 and ERC20 tokens. Basically, this means that users can switch between different cryptocurrencies without always restoring different accounts, applications and passphrases. According to the information issued by the Infinito company, this is the first wallet that offers an opportunity to use one passphrase for all NEP5 and ERC20 tokens.
However, several other wallets on the market lately have begun offering multi-coin storage as well, but the company has introduced several major security features to stand out from the crowd. Some of these Infinito Wallet security options are password protections, touchscreen lock and private key encryption, but more on them in the next part of the text, so don’t go away.
Infinito Wallet security
As mentioned before in our Infinito Wallet review, this application is intended for users who make digital money transactions across different applications, services and platforms. This means that they would have to remember or copy many different addresses which increase the risk of mistakes and transaction problems. So, as a part of the Infinito Wallet security system, this app removes manual work and offers users an opportunity to transfer their cryptocurrencies from this wallet to a wide range of third-party services and platforms, including blockchain services, exchanges and decentralized applications (so-called Dapps).
Each cryptocurrency that can be stored here has a specific private key that is used for receiving and sending funds and for setting up new wallets. As a part of the Infinito Wallet security plan, these private keys are protected by a special in-app encryption mechanism that actually uses the password provided by the user but without actually storing any information about the password itself. Apart from password protection, this cryptocurrency wallet also offers fingertip identification for unlocking the application. Therefore, you are always extremely well protected.
Infinito Wallet ICO
ICO or Initial Coin Offering is one of the newer features of Infinito Wallet. This means that the users of this wallet can participate in ICOs of the partner platforms with the help of the same-named tab. This was introduced to help all people interested in this kind investing and to protect them at the same time because the feature offers information on sending funds to the company holding the ICO. Infinito Wallet ICO actually means that the Infinito company has partnered up with numerous firms so that it can protect its users from illegitimate and fraudulent ICOs. The way this works is that each user interested in this special feature can scan a special QR code on the listed partner’s ICO website and import tokens on his dashboard (to their wallet, of course). The given token has the Verisign mark which means that the contract is verified and that the token really belongs to the named company. Moreover, the transaction of the token is much simpler if you use the Infinito Wallet ICO feature.
Infinito Wallet fees and download
Now, this app is completely free to download both from Google Play Store and the App Store, but there are fees for different transactions. First of all, Infinito Wallet fees differ depending on the type of digital money you transfer and, secondly, depending on the speed of transaction confirmation. Logically, the faster the confirmation transaction is, the higher the Infinito fee you pay is and vice versa. Also, the fee doesn’t go up or down depending on the time zone or the geographical distance.
To start using this app, simply search for it depending on your device and download it for free. After you do that, open your new wallet, name it and, of course, do not forget to back up your passphrase so you can restore your wallet if needed. Also, the application will show you supported coins and tokens and by pressing ‘+’ you can add those you wish to have on your list and trade with them. If you want to send or receive digital money, simply press ‘send’ or ‘receive’ tabs.
One of a kind – universal wallet
Many cryptocurrency wallets on the market will claim that they are universal wallets. However, most of them do not accept a wide range of digital coins and/or tokens. So, Infinito Wallet stands out with its numerous choices. Also, this digital wallet has the rating of 4,2 at Google Play Store at the time of writing this Infinito Wallet review. Literally thousands of satisfied users have deemed it this wallet at least very good.
Infinito company is registered in the Isle of Man. The wallet itself was launched in December 2017 and very soon became one of the world’s leading crypto wallets. Today the company has a huge team of 180 developers, planners, researchers and marketers. They all work on implementing new features and the best service for the users across the globe. It offers enhanced security and is universal – these are two top reasons why this crypto wallet is praised by many. Therefore, there are plenty of reasons to download this app and start using it yourself. Do it today and join an army of satisfied clients.
Hello! I’m Mark Watson, born and raised in Scranton, PA. I’ve been investing online ever since I started college at the University of Pennsylvania (go, Quakers!), where I was an undergraduate student of Economics. At first, I didn’t invest much, I was just hoping to get some extra pocket money, but with time I realized how math and patterns can actually be of great help in this line of work.
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