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Simple, secure, powerful: Introducing Kraken Wallet

J_News by J_News
April 17, 2024
in Crypto, Top News
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Simple, secure, powerful: Introducing Kraken Wallet
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Your easy-to-use onchain gateway

Whether you’re a Kraken client or not, you can use multichain Kraken Wallet as your bridge to the decentralized financial system. Built on our core values of privacy and security, Kraken Wallet provides self-custody of digital assets and data by providing an onchain experience users will love – backed by Kraken’s world-class security and client service.

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The beautiful UX allows you to easily explore the onchain world; no network switching or manually creating multiple seed phrases. Kraken Wallet is the one-stop solution for your self-custody needs:

  • Comprehensive portfolio tracking: Track your tokens, NFTs and DeFi positions all in one place
  • Multichain support: Seamlessly interact with eight of the most popular blockchains: Bitcoin, Ethereum, Solana, Optimism, Base, Arbitrum, Polygon and Dogecoin
  • WalletConnect integration: Securely access thousands of the latest and most popular dApps
  • 24/7/365 support: Our award-winning customer experience team is always ready to help ensure your onchain experience is a great one

Privacy is paramount

Kraken Wallet collects the absolute minimum amount of data required to function as a wallet. Not even internal app performance analytics are collected.

User activity is proxied through Kraken’s own infrastructure, shielding your IP address and preventing your identity and location information from potential external exposure. 

The privacy of your personal information is very important to us. We don’t hold any Kraken Wallet user sign-in details, email addresses or KYC information.

Backed by Kraken’s industry-leading security

Safeguarding your data and digital assets is our number one objective. Kraken Wallet was built in collaboration with the team that has secured Kraken exchange’s assets for over 12 years. It has multiple layers of security protecting your private keys: biometrics from your mobile device and user-provided password encryption.

But true to our Security Above Everything mindset, we didn’t stop there.

We engaged Trail of Bits to do a full-scale security audit on our code to make sure we weren’t missing anything. Since 2012, Trail of Bits has helped secure some of the world’s most targeted organizations and devices by combining high-end security research with a real-world attacker mentality to reduce risk and fortify code.

Next up: Open all of Kraken Wallet’s source code to the world.

Kraken Wallet is the first major-exchange wallet to be open-source at launch 

Open source development strengthens security by making every line of code we deploy available for third-party review. Kraken Wallet’s code is available on GitHub.

Why open source? Because it’s at the heart of what crypto is all about: transparency, decentralization and community. It’s why we have an open-source grant program: to highlight and elevate the great work that’s crucial to helping cryptocurrencies reach their potential.

Our work wouldn’t be possible without the countless hours spent on innovative ideas by passionate open-source contributors. Bitcoin and other cryptocurrencies simply would not exist without these heroes. Kraken will always support the open-source community and Kraken Wallet furthers this commitment.

The future is onchain: Get started with Kraken Wallet

The journey with Kraken Wallet is just beginning – more functionality is to come. Our mission to bring the world onchain continues with a relentless dedication to our cypherpunk principles. Stay tuned for more innovations that embody the spirit of decentralization and empower your financial freedom.

Welcome to the onchain future. Welcome to Kraken Wallet.

To learn more, check out our deep-dive technical blog about How Kraken Wallet addresses challenges in mobile crypto security.

See the Kraken Wallet privacy notice for full disclosures.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.



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