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Self-custody wallet solution Ctrl launches a new browser extension wallet.
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The wallet will allow users to safeguard and manage their crypto on over 2,300+ blockchains.
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Users can now pay for gas fees using $USDT or $CTRL for all transactions.
Ctrl, the one-for-all wallet solution, announced the launch of its browser extension wallet, in a move set to simplify self-custody for users across 2,300+ blockchains. The platform is built to work with all major blockchains including Bitcoin, Ethereum, Cosmos, Solana, THORchain etc., breathing fresh air to managing and securing digital assets.
The Ctrl browser extension wallet simplifies self-custody by consolidating all assets within a single, intuitive platform. It makes it easy to connect to DApps, swap tokens cross-chain, aggregate one’s portfolio, and even uncover forgotten funds. The wallet has an easy setup routine that allows users to sign up using their email or social accounts or a passphrase for more advanced crypto users without sacrificing the security of users’ funds.
Speaking on the latest innovation, Emile Dubié, Co-Founder and CEO of Ctrl stated the goal for his company is to “make self-custody accessible to everyone” and promote mass adoption of crypto globally.
“Our extension wallet is making self-custody accessible to everyone around the world,” Dubié stated. “Our team is committed to creating a wallet that empowers users to control their assets and take advantage of all the opportunities in crypto.”
Founded in 2020 and previously named XDEFI, Ctrl has grown into one of the most reliable self-custody wallet solutions, rivalling Brave, Metamask and other top wallets. The wallet provider allows users to manage their digital assets, execute token swaps, and connect to thousands of DApps while ensuring the highest levels of security and efficiency.
For existing XDEFI Wallet users, their accounts and funds will automatically migrate to Ctrl Wallet, allowing them to instantly benefit from the extension’s advanced features.
Consolidating Gas Fees And Cross-Chain Swaps
The competitive advantage that the Ctrl browser extension wallet claims to have is the introduction of the Gas Tank, aiming at solving the pressure point of gas fees. The Gas Tank allows users to pay all on-chain fees with a single balance of $USDC or $CTRL, no matter the blockchain. By eliminating the need to hold multiple tokens for gas fees, Ctrl Wallet provides a smoother, more efficient experience across networks.
On the launch of the Gas Tank, Emile Dubié stated:
“The Gas Tank is a game-changer for self-custody. Our users can now interact cross-chain without the hassle of managing different gas tokens. This launch represents a significant step forward in making self-custody as user-friendly as possible.”
Notwithstanding the new wallet will also include several features that ease the usability and management of funds on the wallet. First, users will have a unified portfolio view to enhance ease of use, giving users a single, aggregated dashboard to manage holdings across multiple accounts and blockchains. This view not only allows users to keep track of their assets effortlessly but also makes it possible to rediscover funds they may have forgotten.
Additionally, the dashboard will also allow users to easily locate assets spread across different blockchains, platforms, or DApp accounts. Every account and platform linked to the wallet’s seed phrase and hidden tokens on custom networks will be shown on the dashboard.
Finally, the browser extension wallet will also introduce cross-chain swaps, removing the need for bridges or third-party applications. Ctrl Wallet provides a solution for this by enabling cross-chain swaps directly within the wallet.
With support for major blockchains like Bitcoin, Ethereum, Solana, Binance Smart Chain, and Avalanche, Ctrl Wallet allows users to swap tokens across ecosystems seamlessly. Integrated routing providers ensure they get competitive rates without the need for external tools.
The recent developments on Ctrl Wallet have seen rapid adoption rates for the self-custody solution, reaching a milestone of over half a million users and becoming a top five multi-ecosystem wallet with the highest ratings on the Google Chrome Store.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
