Cryptocurrency wallets are important tools for managing and securing digital assets. They provide users with a safe and secure way to store, manage, and transfer cryptocurrencies like Bitcoin, Ethereum, and MultiversX (EGLD). Mobile wallets provide a convenient way to manage digital assets on the go. xPortal is a recently launched mobile wallet by the MultiversX team that combines complete control over digital assets, security, and a user-friendly interface.
What is xPortal?
xPortal came to replace the previous Maiar Wallet. This transformation was announced at the xDay conference in Paris along with other products such as xExchange or xBridges. And so, on February 28, the MultiversX team put xPortal publicly.
So, what is xPortal? It is more than an ordinary mobile wallet, it’s a groundbreaking platform that offers a wide range of unique features that seamlessly integrate digital finance, money, and cryptocurrency with social features such as end-to-end encrypted messaging and AI avatars. It also provides a portal for Web3 apps and Metaverse experiences. What sets xPortal apart is its simplicity, ease of use, and beautiful user experience.
How to use xPortal
You can download the wallet from the App Store, Google Play, or AppGallery.
To create a new wallet, open the app and click on the “Create new wallet” option. Verifying your phone number is required, you can also input a referral code if you have one. Afterward, press “Enter xPortal.”
To ensure the security of your wallet, set a secure PIN code, and you may allow notifications to stay updated on the account’s latest news. Next, unlock the secret phrase and back it up by writing it down and securely storing it. This phrase will be essential to restoring your wallet if you lose access to your device. Verify your seed phrase by entering it into the app and clicking the “Confirm” button.
Your xPortal wallet is now created, and you can easily begin storing, managing, and staking EGLD!
Features
Managing Crypto
The wallet has all the functionality you need to manage your cryptocurrencies. You can send, buy, receive, and stake EGLD. Check on how to stake EGLD using xPortal wallet in our guide here.
You can also store and manage many ESDT tokens in your wallet. For example, you can swap tokens inside the wallet and create your portfolio to track coins from your other wallets or exchanges.
In addition, you can manage your NFTs as well. You can receive, send, and even burn them. Explore popular NFT collections and follow your favorite creators!
Staking
With xPortal, users can delegate their EGLD tokens to Staking Providers. The minimum amount required for staking is 1 EGLD, and Everstake offers its own pool for users to stake their tokens directly with us. To begin, simply press the “Earn” button and select a staking provider. From there, you can stake and unstake your EGLD, claim rewards, and monitor all related transaction information.
Chatting with friends
How about chatting with your friends inside your wallet? The MultiversX team has added this feature as well. Create your own herotag, a unique nickname with which you can be found and used instead of a wallet address. You can find your friends by their herotags.
Completing quests
To add fun and excitement, the MultiversX team will add games to the xPortal. You will be awarded points for completing internal tasks in the application. The overall rating of all users will show how well you did all the tasks. In addition, the application provides a referral program in which you can participate by inviting your friends and receiving a bonus for this.
Exploring dApps
dApps are coming to xPortal. More and more Multiversx projects are being added to the xPortal for your better interaction with them.
Reading the latest news
To be aware of all the latest events in the ecosystem, just scroll through the news feed, and you will definitely not miss anything.
Benefits of using xPortal
Enhanced security measures
Security is a critical concern for cryptocurrency users. xPortal has robust security features, such as biometric login, encryption, pin code, and seed phrase. These features will ensure that the wallet and the user’s funds are secure.
User-friendly interface
A user-friendly interface is crucial for any software or application, especially for crypto wallets. xPortal has easy-to-understand navigation, Security Features, Customer Support, intuitive design, and a simple sign-in process.
Fast and reliable transactions
Multiversx can process 45,000 transactions per second (scales > 100kTPS). This speed is also inherent in the wallet. All transactions are really fast.
Frequently Asked Questions about xPortal
Q: Which cryptocurrencies does xPortal support?
A: xPortal supports many cryptocurrencies, including Bitcoin, Ethereum, BNB, USDT, BUSD, and many others. You can see the full list of supported cryptocurrencies within the app.
Q: Is xPortal free to use?
A: Yes, xPortal is completely free to use. There are no hidden fees or charges for using the wallet.
Q: Is xPortal safe and secure?
A: Yes, xPortal is designed with security in mind. It uses advanced encryption and multi-layered security protocols to ensure the safety of your digital assets. Additionally, xPortal is a non-custodial wallet, which means you are in control of your private keys at all times.
Q: How do I get started with xPortal?
A: Getting started with Maiar Wallet is easy. Simply download the app from the App Store/Google Play/AppGalery, create an account, and use the wallet to store, manage, stake, and exchange your digital assets.
Q: Can I buy cryptocurrencies within xPortal?
A: Yes, you can buy cryptocurrencies within xPortal using a debit or credit card. xPortal has integrated a fiat-to-crypto on-ramp to make it easy for users to buy cryptocurrencies. In addition, recently, Binance Connect was added to the app, improving this process.
Q: What are the fees for using xPortal?
A: xPortal charges a small fee for transactions, which is used to cover network fees and maintain the platform.
Q: Can I use xPortal on multiple devices?
A: Yes, you can use xPortal on multiple devices. Simply download the app on each device and sign in with your account credentials.
Q: What happens if I lose my xPortal password?
A: If you lose your xPortal password, you can use your recovery phrase to regain access to your account. It’s important to store your recovery phrase in a safe and secure location.
Q: Can I transfer my cryptocurrencies out of xPortal to another wallet?
A: You can transfer your cryptocurrencies from xPortal to another wallet. Simply initiate a transfer within the app and provide the receiving wallet address.
Conclusion
xPortal is a super app that supports a wide range of cryptocurrencies with a user-friendly, intuitive interface that makes it easy for both beginners and experienced users to use. Users can store and manage their crypto as well as NFT.
Overall, xPortal is a reliable and secure option for anyone looking to operate their cryptocurrency holdings easily and conveniently.
