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OnePlus To Launch Its Cryptocurrency Wallet?

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OnePlus, a Chinese consumer electronics company may introduce its own cryptocurrency wallet shortly. The company is currently conducting a customer survey on blockchain technology. It will be interesting to see if the OnePlus bitcoin wallet materializes in the near future.

 

OnePlus could be the next major name in the booming cryptocurrency market led by Bitcoin, as the Chinese company is said to be conducting a study on blockchain research. The purpose of the survey is to get user feedback on Bitcoin.

OnePlus To Launch Its Cryptocurrency Wallet?

Samsung and HTC Wallets

Samsung and HTC have both released cryptocurrency wallets or solutions so far. Samsung's blockchain wallet, in particular, has been present since the Galaxy S10 series launched in 2019. HTC went a step farther and released the Exodus, a cryptocurrency-only phone.

There are blockchain and cryptocurrency-based smartphones with capabilities such as cryptocurrency mining, cold crypto wallets, encrypted peer-to-peer calls, and more.

What is Cryptocurrency Wallet?

A cryptocurrency wallet is a software application that allows users to store and retrieve their digital assets. A user can store cryptocurrency, such as bitcoins, in a cryptocurrency wallet and utilize it to conduct transactions from there.

 

About OnePlus poll survey

The poll focuses on what cryptocurrency consumers use, how often they invest or trade in cryptocurrencies, and how easy it is to utilize and secure cryptocurrencies. Non-fungible tokens have also been raised by the company (NFT).

Users are asked if they have ever used trading platforms like Coinbase, Gemini, Robinhood, or Binance. It appears that OnePlus is considering entering the bitcoin platform/wallet market.

It also includes a question about the difficulties and inconvenient experiences that investors have had when investing in or owning a cryptocurrency. In addition, the corporation wants to know if the respondents have used any "software hot wallets" like Coinbase Wallet or MetaMask.

Bitcoin and other digital currencies like Ethereum and Dogecoin have grown in popularity among youthful smartphone users. This may have prompted OnePlus to consider a native option for its users to store, if not invest and trade, cryptocurrency.

Read more about: bitcoin cryptocurrency
Story first published: Wednesday, June 2, 2021, 12:17 [IST]
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