Xdefi Wallet | Securely store, swap, and send Crypto and NFTs

The crypto world is making evolutions with the passage of time by launching new trading tools and introducing additions to existing ones, and crypto wallets are one of them. Despite already having a lot of crypto wallets, new wallets with advanced trading features are being launched, and one of the introduced wallets is XDEFI. You can now easily and securely connect with the XDEFI wallet and perform crypto operations with more than 34 blockchains.

If you are finding answers to what is XDEFI and how to start operating trade operations with it, then give yourself a pat on the back. You’ve reached the right page. We have got every detail relating to it covered in this piece of information.

XDEFI is a non-custodial, decentralized crypto wallet that gives complete control of the wallet keys and other activities to the owners of the wallet only. This indicates that the wallet is designed keeping in mind the security factor of the investor’s data and funds. Apart from offering basic trade operations the wallet is also compatible to work with the hardware wallets such as Ledger and Trezor. Right from executing the basic fund management activity, you can even participate in the swapping of digital assets.

However, there is no official wallet app introduced to date but investors can operate wallet activities through the supported extensions launched by the team.

The wallet hasn’t launched any mobile app yet. The developer's team is on their path to designing a handy wallet mobile app. When concerns were raised questioning the existence of any mobile app, the wallet team answered that to date there is no such app launched but the process of building a mobile app is under development and is expected to be released by this year i.e. 2023.

However, users can access the wallet on their computer/laptop devices by installing an extension supporting the wallet activities.

The wallet is designed in a manner that it can be run on the web plugin with the support of the extensions. There are several extensions launched by the wallet team, and users based on their preference and convenience can opt for the one that best suits their trading needs.

Speculations have been made that the XDEFI Wallet extension for Chrome, Brave, Opera, Edge, and Mozilla are launched by the team.

But, are these speculations accurate?

To dig out a definite answer to it, we have investigated this point also.

Through the performed research, we gathered that the wallet is currently supporting the following web browser extensions:

• Google Chrome

• Microsoft Edge

• Brave

• Opera, and

• Côc Côc

Further, the wallet team is on its way to launch the Mozilla Firefox extension for users. To install a legitimate extension supported by this wallet, and to check the supported XDEFI coin refer to https://www.XDEFI.io/.

1. Start by installing the latest version of the wallet on your web browser

2. Tap on the supported extension to create a wallet

3. After that you’ll get re-directed toward the wallet creation page, click on “Let’s Get Started”

4. Tap on “Create XDEFI Wallet”

5. Next, create and confirm the XDEFI wallet password

6. Acknowledge the terms and conditions and then click on “Next”

7. Check your wallet recovery phrase and save it offline

8. Tap on “Next” and provide the requested phrase of the secret key

9. Hit on “Next”

10. Complete the prompted actions to finish the wallet creation process

Accessing the wallet operations and managing the stored funds is possible only if you have stepped into your wallet. And, the process that investors need to get back in their wallets is generally referred to as login. To start the login process and get landed into your account successfully, users should have the seed phrase and the wallet password with them. Using the installed extension supported by the XDEFI Wallet visit the wallet login page, and enter the asked login credentials accurately. Review the provided details to skip any sort of interruption and then go ahead to access your wallet.

Crypto chains are what structures trade actions. The chains supported by a crypto wallet also play a vital role at the time of evaluation. Thus, for this reason, we are also mentioning some of the popular chains that are supported by this wallet, and they are as namely:

• Bitcoin

• Ethereum

• Avalanche

• Polygon

• Fantom

• Solana

• Cosmos

• Litecoin

• BNB Smart Chain

• BNB Beacon Chain

In total, there are around 30 blockchains that are supported by this wallet. The team is continuously making efforts to add more blockchains to its infrastructure.

Every crypto wallet, at some instance of time, encounters a problem and that is quite obvious when you are dealing with software tools. Facing error is not an issue, but the real problem begins when you don’t have an idea of what to do. Right?

Thus, to help you in dealing with one of the wallet issues seamlessly, we have come up with effective solutions. Like two peas in a pod to other crypto wallets, the XDEFI wallet not working issue can too be erased by performing a few of the troubleshooting steps. You might already know about them, but we are mentioning a few of them for your reference.

• Check the internet connection and speed

• If facing an issue with internet speed, switch to another available connection

• Refresh or reload the tab you are running

• Close the running tab & open a new one

• Shut down the device and re-open it

• Try working on incognito mode

• Wipe out all the cache and cookie data

XDEFI wallet has launched as a multichain wallet that is compatible to be connected with several dApps existing in the crypto market. Right from importing existing crypto wallets, you can engage in the swap action, fund management, and review all your crypto assets under one roof securely.

For more information, visit https://www.XDEFI.io/. Further, to get answers to the basic trading query, you can navigate to the “XDEFI FAQ” section, prepared by the team to provide assistance to the investors.

How do I restore my XDEFI wallet?

1. Install the wallet extension and click on “Let’s Get Started” after launching the wallet

2. From the provided options, click on “Restore XDEFI Wallet”

3. Next, hit on “Restore with Secret Phrase”

4. Perform the on-screen instructions to complete the restoration process

What is the seed phrase in the XDEFI wallet?

A seed phrase is also called a recovery phrase which is generated automatically at the time of wallet creation. This key holds the highest significance because it is the only key apart from the wallet password through which you can secure your wallet data and perform the wallet backup function.