A Comprehensive Review of OWNR Wallet: All You Must Know
WNR Wallet is a versatile, non-custodial HD wallet that aims to cater to the needs of the rapidly growing cryptocurrency market. It offers a single application for various daily cryptocurrency activities such as sending, receiving, exchanging, and storing coins.
Table of Contents
1. Overview
2. Introduction
3. Features
Overview
Name: OWNR Wallet
Released: 2019
Wallet type: HD Wallet, Multi-currency, Mobile-Based, Web-Based, Hot wallet, Non-custodial wallet
Price: Free
Platforms supported: Linux, Windows, Mac OS, Android, and iOS
Cryptocurrencies supported: BTC, BCH, ETH, ETC, LTC, EOS, DASH, DOGE, ZEC, BCH-SV, OMNI USDT, all ERC20 tokens
Mobile support: Yes
Introduction
OWNR Wallet is developed by a team of highly qualified professionals with extensive experience in blockchain software development. The team’s focus is on building a cryptocurrency ecosystem that caters to users with different backgrounds while ensuring a high level of security and reliability.
You can download and install OWNR Wallet as a mobile app for Android and iOS or use the desktop version for Windows, Mac, or Linux. For download options, visit the official website at owrnwallet.com. OWNR Wallet is designed to be user-friendly for beginners while also offering advanced features for experienced cryptocurrency users.
Features
The OWNR ecosystem currently offers the following key features:
1. Hot wallet software: Allows users to send, receive, exchange, and store cryptocurrency.
2. Purchase of cryptocurrency with fiat: OWNR Wallet enables users to buy coins with fiat money using various payment systems such as Visa, MasterCard, Union Pay, or SEPA. The fees are as low as $3 + 4%.
3. Bitfinex partnership: OWNR is an official partner of Bitfinex, one of the largest online cryptocurrency exchanges. Verified Bitfinex users can use OWNR Wallet as a payment gateway to purchase cryptocurrency with a fee starting from 3%.
4. Full EOS support: Users can create and manage fully-fledged EOS accounts within the OWNR Wallet infrastructure. They can also restore any EOS account quickly, regardless of its origin.
5. Visa Prepaid Cards: OWNR offers prepaid cryptocurrency cards with free worldwide delivery and a low 1 EUR service fee. These cards allow users to use cryptocurrency for online and offline purchases. Users can convert their coins to euros or US dollars instantly in the OWNR Wallet app and make payments at any Visa-supported point of sale. They can also withdraw euros from over 2 million ATMs worldwide using the card.
6. Built-in cryptocurrency exchange: OWNR Wallet eliminates the need for third-party apps by providing an in-wallet exchange. Users can exchange BTC, ETH, USDT, DASH, ZEC, and LTC with adjustable fees to suit their trading style.
OWNR Wallet offers additional features that users will find handy, including support for 11 common coins, all ERC20 tokens, status updates for transactions, customizable fees, automatic coin discovery, SegWit for BTC and LTC transactions to ensure faster speed and lower fees, seed phrase length and language options, and a price widget to track asset prices. The wallet also provides 24/7 tech support.
Security
OWNR Wallet prioritizes security and offers the following security enhancements:
1. Non-custodial wallet: The seed phrases and keys are not stored on the servers, ensuring that only users have access to them.
2. Forced address allocation for BTC and BTC-like coins: OWNR Wallet automatically generates up to 20 new addresses to prevent the reuse of the same address, reducing vulnerability.
3. Additional security measures: OWNR Wallet utilizes Touch or Face ID and a BIP39 passphrase for added security.
In terms of future development, the OWNR team plans to create a comprehensive blockchain ecosystem around the wallet, including prepaid Visa cards, an in-built exchange, and an open API for accepting bank card payments. The team also aims to introduce advanced cryptocurrency trading tools, a blockchain explorer, and features for developers and experienced market players.
Pros
– Feature-rich and user-friendly
– Full support for EOS
– Offers Visa Prepaid cards replenished with crypto in the app
– Additional security layers
– Customizable fees
– In-built cryptocurrency exchange
– 24/7 tech support
Cons
– More susceptible to security breaches compared to hardware wallets
– No option to add multiple seed phrases
– Some notifications cannot be turned off
– Limited availability for purchase in certain regions and countries (mostly US and EU)