You can have more than one wallet on the Crypto.com DeFi Wallet app thanks to the new Multi-Wallets feature. This feature allows users to create new wallets or import existing wallets, giving them the flexibility to manage multiple wallets within the app.
Having multiple wallets can be useful for a variety of reasons. For example, you may want to separate your personal funds from your business funds, or you may want to have a dedicated wallet for a specific purpose, such as staking or participating in a particular DeFi project.
To create a new wallet, simply navigate to the Multi-Wallets tab in the app and click on the “Create Wallet” button. You will be guided through the process of setting up a new wallet, including creating a strong password and securely backing up your recovery phrase.
If you already have existing wallets that you would like to import into the Crypto.com DeFi Wallet app, you can do so by selecting the “Import Wallet” option. This allows you to securely import wallets from other platforms or wallets that you have previously created.
Once you have multiple wallets set up in the app, you can easily switch between them by selecting the desired wallet from the Multi-Wallets tab. Each wallet will have its own unique address and balance, allowing you to keep your funds separate and easily manage them.
In addition to the Multi-Wallets feature, the Crypto.com DeFi Wallet app also now supports Ethereum Testnet. This means that you can explore and interact with Ethereum’s various test networks, such as Ropsten, Rinkeby, and Kovan, without using real funds. This is especially helpful for developers and users who want to test out smart contracts or dApps before deploying them on the main Ethereum network.
The introduction of Multi-Wallets and Ethereum Testnet support in the Crypto.com DeFi Wallet app provides users with greater flexibility and functionality. Whether you need multiple wallets for different purposes or want to experiment with Ethereum’s test networks, these new features enhance the user experience and make managing your crypto assets even more convenient.