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March 14, 2024

NFTs and Inscriptions Can be Sent as a Gift Using Portkey Crypto Box!

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Since the introduction of the Portkey “crypto box” feature several months ago, users have been sharing feedback on their enjoyment of this functionality and how it allows for easy sharing and receiving of tokens as a gift. Recognising that sending only tokens could limit user experience, Portkey is excited to take this feature one step further, expanding its types of assets supported to include NFTs and inscriptions. The latest version now empowers users to send NFTs and inscriptions through crypto boxes!

Sending crypto boxes in your Portkey App is simple. Just find the person or group you wish to send the boxes to and enter the chat window. Tap the paper clip icon and select “Crypto Box” to open the crypto box window. From there, you can choose the token/NFT/inscription to send from the dropdown menu in the “Amount” section and specify the desired amount in the input box. Once the crypto box is sent, you can conveniently monitor its opening progress in the details window.

Furthermore, Portkey has implemented several enhancements and fixes, such as improving loading speed and optimising record display in the “Activity” section.

Don’t miss out — grab your Portkey now and send a variety of digital assets to your friends as a delightful surprise, or be pleasantly surprised by them!

Users with the Portkey App installed on mobile devices can choose to update via the pop-up window upon opening the app.

Users with the Portkey extension installed on desktops can wait a while for the automatic update.

Users without Portkey can download the latest version via the links below:

If you encounter trouble with installation, please email the team at support@portkey.finance or get in touch via:

Discord: https://discord.gg/EUBq3rHQhr

Telegram: https://t.me/Portkey_Official_Group

Portkey values your opinions and wishes to hear from you so that we can continually improve our product. Hence, we would appreciate it if you could take just 2 mins for this questionnaire after you try the product: https://forms.gle/CqzdzCcKGE4fo3oe6.

Hope you enjoy Portkey and have the best Web3 experience with us!

𝕏 X | 🎮 Discord | 💬 Telegram | 🏠 Website | 💻 Youtube

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Portkey@2024
WalletWhy It Stands OutSupported Assets
Coinbase- Publicly-listed on the Nasdaq stock exchange- Holds your assets in a 1:1 ratio and does not repurpose them200+ cryptocurrencies, including BTC, ETH, XRP, and SOL
OKX- Supports 300+ cryptocurrencies and NFTs across multiple networks- Available as a mobile or desktop app, and browser extensionBTC, ETH, XRP, SOL, and 300+ more cryptocurrencies, along with NFTs on Ethereum, Solana, BASE, and more
Crypto.com App- Rewarding if you hold and build a cryptocurrency portfolio over time- Nifty features like Crypto Earn and Recurring Buy help you grow your holding easilyMore than 350 cryptocurrencies, including BTC, ETH, XRP, and SOL
Trust Wallet- Very wide range of assets- Available as a mobile app and browser extensionOver 10 million cryptocurrencies and 600 million NFTs from Bitcoin, Ethereum, Solana, Cosmos, and more
MetaMask- Can be used to complement your main Web3 wallet- Perfect for ownership of Ethereum-based tokens and NFTsAny asset on the Ethereum blockchain
Exodus- Over 100,000 cryptocurrencies supported- Buy any of them within the Exodus walletMore than 100,000 cryptocurrencies and NFTs across 16 blockchains
Ledger Stax- 5,500+ cryptocurrencies and NFTs supported- Certified Secure Element chip to shield it from online attacks5,500+ cryptocurrencies and NFTs
Trezor Safe 5- A compact device at 23g with a 1.54-inch touchscreen- Supports over 1,000 cryptocurrencies, and has a CC EAL6+-certified chipOver 1,000 cryptocurrencies, including BTC, ETH, XRP, and SOL
SafePal S1 Pro- Slim and sleek, with a 1.3-inch colour screen to show your holdings- Can be paired with the SafePal Wallet app and browser extension to grow your portfolio30,000 cryptocurrencies and more across 100+ blockchains
ZKPsMultisig WalletsTEE
StrengthsZKPs provide wallet owners with security and privacy at one goMultisig wallets are hassle-free and secure; easy to implement for any group or organisationTEEs allow Web3 wallets to achieve a similar level of security as hardware wallets
WeaknessesTransacting parties need to interact multiple times. It’s not ideal for non-real-time applications.Transaction costs are higher due to the multiple signatures – and gas fees – needed. Transaction speeds are lower too.Cannot be easily implemented for software-based Web3 wallets as it is operating system-dependent
Wallet TypeHardware WalletBrowser ExtensionMobile App Wallet
Pros- Offers the best security for Web3 digital assets- Many brands and models to choose from- You can conveniently add it to your web browser- It doesn’t take up much storage space on your PC- You can access your assets from anywhere- You can easily transfer assets between apps
Cons- You risk losing your assets when you lose the device- The cost can be prohibitive for some- Susceptible to security breaches if your browser is compromised- Functionality may be limited for some- Vulnerable to similar security breaches as browser extension wallets- You also bear the same risk of losing your assets if you lose your mobile device
Web2 PhishingWeb3 Phishing
MethodPurely reliant on offline or Web2 platforms. For example, phone calls, SMSes, publishing fake websites, etc.Utilises a mix of Web2 and Web3 platforms. For example, hackers impersonating a key opinion leader or deploying malicious smart contracts.
PurposeTo steal cash, personal information, and sensitive data.To steal digital assets and sensitive data, and control Web3 projects.
ProsCons
MPC wallets are incredibly safe thanks to their novel security mechanism.There are relatively fewer MPC wallet solutions available, as compared to multisig wallets.
MPC wallets provide you with more flexibility in managing your assets, especially if it’s a wallet for institutions or investment groups.MPC wallets appear easy to use on the outset, but they still require a level of technical expertise and cryptography knowledge.
MPC wallets greatly reduce the risk of a single point of failure.MPC wallets can take slightly longer to execute transactions because its security mechanism is fairly resource-intensive.
MPC wallets are highly decentralised, adhering to cryptocurrency’s core principles.You’d still need to manage each private key fragment carefully. After all, each one is crucial to forming the full key.