Famous US gaming retailer GameStop now has its own crypto and NFT wallet
May 23, 2022
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A few months ago, the US-based game retailer GameStop† Announced he would be joining NFT and cryptocurrency trading† According to the statement released by GameStop at the time,
A few months ago, the US-based game retailer GameStop† Announced he would be joining NFT and cryptocurrency trading† According to the statement released by GameStop at the time, a unit would be established for cryptocurrencies and NFTs. As you know, last year GameStop’s stock skyrocketed thanks to a “meme” that went viral on Reddit.
This was one of the reasons why the company wanted to enter the cryptocurrency and NFT market, and even after the announcement, GameStop shares rose again. From today GameStop’s wallet for cryptocurrencies and NFTs has been officially released.
GameStop Releases Ethereum Wallet Beta
GameStop allows users to host, send and purchase cryptocurrency as well as NFTs through their web browser. Ethereum-based wallet released the beta version. wallet now Google Chrome and Brave for a extension There is even an iPhone application available, but it is not accessible in our country.
GameStop’s wallet is non-deposit, which means that users can only access their assets known to them. accessible via a private key† While this makes it difficult for hackers to access the wallet, it also means that if the wallet owner forgets their key, they could lose all of their assets.
GameStop’s wallet uses Loopring to process transactions, which reduces energy costs, It’s a ‘Layer 2’ method built on top of the Ethereum blockchain† With the launch of the GameStop wallet, the company Announced NFT market will also be available in Q2 of this year† What do you think? Please don’t forget to share your thoughts with us in the comments.
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