It has been announced that the Crypto.com wallet will now support three new blockchains: Arbitrum, Astar, and Boba. Now, storing and earning from the tokens from these networks have become seamless and secure. And what’s more, the integration also brings several other benefits and features built into the DeFi wallet.
Crypto.com, the fastest-growing cryptocurrency exchange in Germany and in the world, continues its attempts to expand its service portfolio by adding new blockchain networks. As part of its DeFi wallet upgrade, the exchange will now allow access to up-and-coming blockchains like Astar, Arbitrium, and Boba.
The support for the new chains went live on the 14th of June as per the newsletter shared by the exchange. Users need to use the Crypto.com DeFi wallet version 1.34.0 or above to access the newly added blockchains and related services.
Thanks to the new upgrade, users of BOBA and ASTR can transfer their tokens just by scanning a simple QR code. The QR Code feature allows token transfer from any external wallet with these tokens. Once transferred, users can view all their transaction histories from the history page.
The DeFi wallet also allows access to dApps built on networks like Arbitrum, Astar, Aurora, and Boba, thanks to the dApp browser feature in the wallet. With this upgrade, users can get up-to-date with the happenings and offerings on these networks.
The recent additions have upped the number of supported blockchains in the DeFi wallet to 19. The other networks on the list include Crypto.org, Ethererum, Avalanche-C, Bitcoin, Bitcoin Cash, BNB Smart Chain, Cosmo, Dogecoin, Fantom, Litecoin, NEAR Protocol, Polkadot, Polygon, Stella, and Ripple. The supported tokens have already exceeded 700 in the Crypto.com wallet.
The listing is vital for these networks as it offers them a gateway to the millions of users who currently use the Crypto.com exchange, wallet, and other services. So there is an opportunity for the tokens to explore potential use cases and get the much-needed exposure.
On the other hand, this move allows the exchange to offer a variety of products and services. Likewise, users can spread their portfolio toward more promising tokens and projects in DeFi than what is known in the mainstream.