Eidoo, the Swiss company that provides a web and mobile solution to manage cryptocurrencies, has announced version 2 of the app. Founded in 2017, at the time no other mobile app allowed people to store, buy and sell cryptocurrencies in a decentralized way, much like having an all-purpose Swiss Army knife in your pocket, operating on both Bitcoin and Ethereum.
The app included a wallet, a hybrid exchange, a platform to manage various DeFi features, a debit card, the Wallet Connect feature to interact with Web3 and NFT marketplaces, Swap to exchange crypto, and even the ability to buy digital assets by wire transfer or credit card.
Keep in mind that version 1 will become obsolete by 22 August, especially for debit card users, so it is recommended to update the app as soon as possible.
Before updating the app, since it is a non-custodial wallet and exchange, it is best to make sure you have the seed so you don’t lose cryptocurrencies.
What’s new in Eidoo version 2
This version 2 of the app contains updated graphics, as well as new features, such as dark mode, the ability to have multiple addresses connected in the same seed, the ability to import different wallets from different seeds, support for numerous blockchains such as BNB, Polygon, Fantom, Avalanche, and others, and much more.
The announcement also mentions the integration of several widgets into the app and support for ENS and FIO, which is the ability to use custom addresses.
Another improvement in this version 2 of Eidoo is Eidoo ID, which is the section for completing KYC in the app.
In addition, Eidoo also supports hardware wallets such as Ledger Nano X and Grid+, and it will be possible to download a browser extension so that it will be even easier to connect with Web 3 apps.
Eidoo also recently integrated Lens Protocol, an app built on Polygon that aims to solve privacy and content ownership issues on social media.
Using Lens gives you control over your data, as your ID is in the form of an NFT.