Braavos Wallet - Get Extension for Chrome, Edge and Firefox
Braavos is a most popular self-custodial crypto wallet, which is simple and reassuring to utilize as a custodial solution. It isn't compromising on the massive advantages of self-custody and decentralization of crypto assets. It's an extension for interacting with dApps and holding funds from inside the browser, functioning on StarkNet, a ZK roll-up at the top of ETH (layer-2). The Braavos extension generates a bridge to each website so that the decentralized apps can connect with the wallet. When the dApp needs to execute a transaction via Braavos Wallet, the user receives a safe interface to check the transaction's self-explanatory before rejecting or accepting it. Braavos needs the approval to r/w to a webpage to add the desired feature to a standard browser context.
Advantages of Braavos Wallet
Smart contract crypto wallets such as Braavos will allow safe functions like 2-FA, where the transaction needs signature through both the smartphone and desktop wallets.
Also, the wallet supports oval curve cryptography that uses isolated safety chips created for smartphone devices. These smartphone HSM (Hardware Security Modules) are compatible isolated subsystems that encrypt, create, and sign cryptographic keys. The software can't read the private keys created by a module and are safe even if the Application Processor kernel gets compromised.
The wallet uses this compatible security chip and enables users to protect their accounts. It permits transactions through fingerprint or facial recognition as biometric identifiers, obtaining a security level bigger than hardware wallets.
You can divide your funds between implementing withdrawal limits and accounts and scheduling time for future transactions. An appropriate analogy can be savings and checking accounts in traditional banking.
Braavos Wallet enables users to exchange tokens with mySwap (an integrated decentralized exchange).
Methods to Create Braavos Wallet
Check out the instructions provided below to create a new account.
To start, it is important to install the Braavos Wallet Chrome extension by visiting the official website.
After installing the extension, launch it and hit the Get Started button on the homepage.
Then, you should develop a reliable password for the safety of your wallet and choose the Create Wallet option.
Now, your secret recovery phrase will display on the screen. You must jot down the phrase in the correct sequence and keep it somewhere safe.
After this, hit the Done tab.
To deploy your account, tap on the Mainnet button.
When the Deploying Account disappears, your wallet will be ready to use.
Finally, you can deposit funds, swap tokens, purchase or mint the NFT, and other dApps.
Guide to Add Tokens to Braavos Wallet
There are many methods to deposit funds to your wallet by tapping the Deposit button on the homepage. Just read all of them.
Purchasing Tokens with the Traditional Money on StarkNet
First, get into your Braavos Wallet using the password.
Then, locate and tap on the Banxa tab and select the token.
Next, you should provide the amount you need.
After this, pick the desired mode of payment from the available options.
Hit the Create Order button. Your assets will become accessible in your wallet.
Bridge Funds through an Exchange to StarkNet
To bridge your assets from an ETH wallet, tap on the LayerSwap tab.
Next, you must select an exchange to send from (KuCoin, Coinbase, and others).
Then, input the amount you wish to send and hit the Swap Now button.
After that, your assets are now accessible in your wallet.
Bride Through a Different Blockchain to StarkNet
To bridge through an L1 chain such as Polygon or ETH, you must choose the Bridge from L1 option.
To bridge through a different roll-up chain, such as Arbitrum or Optimism, tap on the Orbiter Finance tab.
Then, select the blockchain you wish to send from.
Now, specify the amount to send and confirm.
Finally, your assets are accessible in your wallet.
Instructions to Access StarkNet dApps on Braavos Wallet
Users can access each StarkNet dApps with their wallet by clicking an integrated dApp or searching in an integrated browser. The steps below will guide you through purchasing an NFT (non-fungible token) from a marketplace.
You must access your Braavos Wallet using the login credentials.
Then, hit the dApp tab on the main page.
Tap on the Aspect marketplace option.
To connect the wallet to dApp, you should sign the prompt.
Next, go through the collection and choose the desired NFT from the available menu.
After this, hit the Buy Now button to get the current cost, or you can select the Make Offer option to bid the personalized amount.
Now, double-check your transaction with the help of the transaction explainer.
Sign in if you are ready with your NFT.
If you select the Make Offer option, wait for the owner to approve the bid.
If you select the Buy Now option, the desired NFT is in your wallet.
Final Verdict
Braavo Wallet is a secure contract wallet created for the intuitive and secure start in digital currency. It has each of your DeFi requirements; the wallet is accessible on both browsers and smartphones and consists of smart contract features that offer a new wallet experience. The Hardware Signer of Braavos provides a state-of-the-art protection level for the self-custodial wallet. Thanks to smart contracts and the secure subsystem of your mobile phone, it permits a user-friendly transaction confirmation through the biometric authentication of your smartphone. To know more about Braavos, you can check out the above information.