What is Onboard? Onboard is a Self-custody wallet platform that strongly supports users from the Web2 platform to Web3 with simple, smooth experiences. So if there’s anything interesting on Onboard, let’s find out together in the article below.
To better understand Onboard, people can refer to some of the articles below:
- What is Metamask? Metamask Cryptocurrency Overview
Onboard Overview
What is Onboard?
Onboard is a Self-custody wallet platform for everyone, Onboard’s mission is to bring billions of users from Web2 to Web3 and help everyone easily access decentralized finance that can be used anywhere on the earth. land. So what is a Self-custody wallet?
Self-custody Wallet is a type of cryptocurrency wallet that allows users to have full control over their assets. In a Self-custody wallet, your private key is stored on your device, instead of being stored by a third party such as an exchange or custodial wallet. This means you are responsible for protecting your private keys, but it also means you have full control over your assets.
There are different types of Self-custody wallets, including software wallets, hardware wallets, and paper wallets. Software wallets are the most popular wallets and can be installed on your computer or mobile phone. Some popular Self-custody wallets such as Trust Wallet, Metamask,…
The Onboard difference
Some of Onboard’s distinctive features include:
- Like popular Self-custody wallet platforms on the market, Onboard allows users to store cryptocurrencies, buy and sell, and record all types of transactions.
- Users can “cash out” directly from Onboard to fiat currency. Currently, the wallet is only supported in some countries with some regulations such as requiring KYC if you want to cash out or a maximum order of $2,000 per day and a maximum per day of $6,000.
- Do not use Seed Phrases and instead use Email so users don’t have to worry about losing their Private Key.
- Security through many different layers.
Development Roadmap
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Investor
- September 8, 2023: The project received investment from Base Ecosystem Fund with the leadership of Coinbase Ventures.
Core Team
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Tokenomics
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Exchanges
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Project Information Channel
- Website: https://www.onboard.xyz/
- Twitter: https://twitter.com/OnboardWallet
- Blog:
Summary
Board is one of the extremely notable Self-custody wallet platforms in the near future with the goal of bringing Crypto to Mass Adoption.