BlockWallet - Private Self-Custodial Crypto Wallet

BlockWallet secures users' financial data by combining transactions with the pool of funds of BlockWallet. This confirms that outward transactions remain secure. Every additional transaction you initiate inside increases privacy. Your IP address will display even before connecting your wallet. After connecting the wallet, your wallet address will be exposed. Anyone can track you using the decentralized applications you have utilized, the transfers you initiated, and the amount available in your account. You can check, access, and handle the funds. BlockWallet will group your funds with other users under the smart contract so no one can trace fund ownership except you. You must keep the data of your wealth. You get the choice to secure your fund origins or disclose them. BlockWallet will generate a brand-new address with the cryptocurrencies you require every time you initiate a withdrawal.

How to Set Up an Account on BlockWallet

While setting up an account on BlockWallet, you will get a default account and a secret seed phrase for the safety of your account.

  • Let's begin with visiting the official BlockWallet website.

  • Then, you should hit the BlockWallet icon at the top left-hand side of the home screen.

  • Next, navigate and tap on the Create an Account button.

  • After this, you must choose the Create Account option and write your account name. Note: By default, your account name will become Account X; X represents the order of wallets you have.

  • Then, hit the Create button.

  • Now, you will get the secret seed phrase. You must jot them down and place them in a safe place.

  • You should confirm the seed words for the next step by providing them in the correct sequence.

  • That's all; you can now use your BlockWallet to enjoy its services.

How to Swap Tokens on BlockWallet

  • To start, you must move to the official BlockWallet website.

  • Then, choose the network you need to swap the tokens.

  • Hit the Swap tab on the home page.

  • In the Form section, choose the desired token to exchange from and input the amount.

  • In the To tab, pick the token you wish to change.

  • Next, you should press the Review button.

  • In the swap confirmation screen, you will view numerous features to ensure you are happy with the swap.

  1. You can modify slippage and switch on Flashbots Protection in the Settings section.

  2. In the Details box, you can check the contract address, fees, and others.

  • After confirming the transaction, you can check the transfer on etherscan and the pending transfer in the Activate tab on the home screen. Note: It may take a couple of minutes to update in BlockWallet.

How to Bridge Tokens on BlockWallet

  • First, move to the online portal of BlockWallet.

  • Choose the network you need to bridge the tokens from.

  • Then, pick the token you wish to bridge through the Assets tab on the main page.

  • Tap on the Bridge tab and input the number of tokens you need to bridge.

  • Choose the network you wish to bridge and tap on the Review tab.

  • On the Bridge Confirmation screen, you will see multiple features to confirm you are happy with the bridge.

  1. You can modify slippage and switch on Flashbots Protection in the Settings section. This choice will become accessible for transfers absorbing over 42,000 gas.

  2. In the Details box, you can check the contract address, cost, and others.

  • If you are ready, hit the Bridge button.

  • After initiating the bridge transaction, the Activity button on the home page will display that the BlockWallet Bridge is pending. Also, you can see the Activity option in the destination network to ensure an Incoming Bridge.

  • After completing the bridge, the token will become accessible on the destination network.

Steps to Add a Network on BlockWallet

Read through the procedure underneath to add a network manually.

  • Firstly, head to the official BlockWallet web page.

  • Next, tap on the Gear icon at the top-right side of the home screen.

  • Then, choose the Networks option and hit the +Add New Network tab.

  • Write the Chain Identification of the network or Chain Name. Note: if you search for networks supported by default or testnet, you will find the results using the search filter by choosing the icon at the top right.

  • If you look for query returns with zero results, it is because of the following reasons:

  1. You provided the Chain Name or Chain Identification incorrectly. Review the details you have provided and try again.

  2. Your network is unknown, and it requires adding manually.

  • To manually insert a network, input the Network Name, Chain ID, Currency Symbol, URL, and RPC.

  • After providing this information, hit the Save tab and finish the procedure.

Final Verdict

BlockWallet is the first digital currency wallet to secure you on Web 3 without compromises. It is the first non-custodial cryptocurrency wallet that thinks about your privacy. The wallet does zero tracking while protecting its customers through companies that do. It supports BNB, ETH, Fantom, Polygon, Arbitrum, and Avalanche. Now you can bridge and swap within the BlockWallet. You can read the above comprehensive post to find out everything about the wallet.