Xverse is a BTC Web3 ecosystem in a single place, allowing users to handle their Bitcoin and other assets, such as STC, and connect to dApps (decentralized applications).
Xverse Wallet is an app and Chrome extension that lets users manage their BTC private keys. The wallet supports trading Ordinals, storing, and transacting Bitcoin and STX tokens. Although it’s one of the simplest Ordinal and BTC-compatible wallets, beginners may find it a little difficult to navigate. Unlike some crypto wallets, Xverse Wallet extension doesn’t keep any user data or have access to their private keys. Users retain all power over their assets or data.
Top Perks of Xverse Wallet Extension
Receive and Transact BTC
Xverse desktop and mobile apps let you purchase, receive, and transact Bitcoin in your wallet. Xverse creates a distinctive BTC address that you can only use for BTC transactions.
Receive and Send STX
The wallet offers users a distinctive address for receiving and transacting STX. This address differs from the Bitcoin address, and you must only use it for STX transactions.
Ordinals Transactions
Even though Ordinals stay entirely on-chain, they use a separate address from STX and Bitcoin. Therefore, Xverse Wallet provides users with their Ordinals-capable address that they can use to transact, receive, store, and purchase BTC Ordinals. You can use the Ordinals address for Ordinals transactions.
Stax NFTs Transactions
You can use your STX NFT (non-fungible token) address to receive SIP-010 (fungible) tokens.
Connect to dApps
Xverse allows you to connect to Stacks dApps (decentralized applications) protected by BTC, Swap crypto tokens with Arkadiko or ALEX, and trade NFTs on Tradeport or Gamma along with connecting to apps via different protocols such as Micro-Stacks and Hiro Library.
Usability
Xverse is an application on your smartphone device and is easily available on Apple Store and Google Play or as an in-browser app for PC through Google Chrome.
Desktop
The Xverse browser application allows users to transact and receive virtual currency, fungible tokens, and BTC Ordinals. Users can buy cryptocurrency directly via the wallet utilizing exchanges provided via the different wallets.
Even though Xverse does not need users to provide personal data like address, social security number, and others, the third-party platforms need users to specify personal information to remain compliant. Furthermore, Xverse Wallet extension supports Ledger hardware wallets permitting you to transact crypto assets to the hardware wallet. Note: you can’t sell cryptocurrency for cash on Xverse.
Mobile App
The wallet is available on Apple Store or Google Play if you like to use it on your Apple or Android device. Xverse has a 4.6-star rating for its apps and provides the same features the desktop version offers.
If you seek additional safety, the Xverse smartphone app is a great option because you can create a passcode, PIN, and biometric recognition.
How to Set Up Xverse Wallet Extension
First: Create a Wallet
Second: Back Up the Wallet
Third: Select a Safety Mode
Fourth: Fund the Wallet