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Home Blockchain

Introducing Passkeys Wallet: The Easiest Way for Platforms to Onboard Their Next 10 Million Users

by DigestWire member
July 18, 2024
in Blockchain, Crypto Market, Cryptocurrency
0
Introducing Passkeys Wallet: The Easiest Way for Platforms to Onboard Their Next 10 Million Users
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What are Passkeys?

Passkeys is a secure and convenient authentication system that lets you create a crypto wallet with just your fingerprint or facial recognition. Say goodbye to the hassle of remembering complex secret phrases or managing multiple accounts and passwords. This intuitive experience caters to everyone, from seasoned investors to crypto newbies, by streamlining the onboarding process and boosting user acquisition.

Why Passkeys?

Passkeys allows platforms to convert and retain more first-time visitors without the need for additional app downloads, complex secret phrases, or email verifications. Users can create and fund a crypto wallet directly within your platform using biometrics, leading to reduced drop-off rates and increased user engagement.

Users remain within the platform they’re already on, creating and managing their crypto experience seamlessly. Passkeys allows for the creation and funding of an embedded wallet within the website or application they are already using.

Building on nine years of success with the Exodus wallet, Passkeys brings expertise and a proven formula for value, security, and user satisfaction to all platforms, from websites to dApps.

Key features of Passkeys:

  • Effortless Onboarding: Simplifies the process with biometric one-click wallet creation.
  • Seamless User Experience: Users manage their crypto within the platform, eliminating the need for separate apps or logins.
  • Security: Utilizes MPC technology, providing secure non-custodial management.
  • Developer-Friendly: Integration is straightforward with Exodus’ library and customization options.
  • Customizable UI: Integrates with a platform’s branding for a consistent user experience.
  • Enhanced Access: Leverages biometric technology to simplify blockchain navigation.

Passkeys helps platforms to:

  • Attract New Users: Simplifies onboarding to drive growth.
  • Gain a Competitive Edge: Offers a smooth user experience.
  • Increase User Retention: Keeps users engaged with an in-platform wallet.
  • Unlock Revenue Streams: Users can buy crypto directly from their Passkeys Wallet.
  • Tap into Cross-Chain Liquidity: Supports cross-chain swaps on various networks including Bitcoin, Solana, and Ethereum.

Passkeys Wallet by Exodus represents a significant leap forward in simplifying and securing the onboarding process for Web3 users. By leveraging biometric authentication, Passkeys eliminates the traditional barriers of complex passwords and secret phrases, offering a seamless and intuitive user experience. With its quick integration, developer-friendly features, and robust security measures, Passkeys not only enhances user retention but also opens new avenues for growth and revenue. As the demand for effortless and secure crypto management continues to rise, Passkeys positions itself as an essential tool for platforms aiming to stay ahead in the rapidly evolving crypto landscape.

Access Passkeys Wallet at passkeys.foundation

The post Introducing Passkeys Wallet: The Easiest Way for Platforms to Onboard Their Next 10 Million Users appeared first on CryptoSlate.

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