NexRise offers customized cryptocurrency wallet development services. The project completion time depends on the features and functionality you want to add to your project. We will complete your projects in the least amount of time.
The sender's private key must align with the receiver's public address. By doing this, the sender can transfer his crypto assets to the receiver's wallet address, allowing him to use the coins.
The cost of developing a cryptocurrency wallet depends on several factors. First, the features and functions you want to integrate into your wallet. A white label solution would be ideal as it saves development costs and saves a lot of time. The best thing is that you don't have to start everything from scratch.
Blockchain-specific or multi-currency – a blockchain-specific wallet, like a Bitcoin wallet, an Ethereum wallet, or a wallet built on any other blockchain, takes less time than a multi-currency wallet. This is because multi-currency wallets are integrated with separate blockchains. For instance, if you want a multi-currency wallet that supports Bitcoin, Ethereum, and BSC, each chain that needs to be included in the wallet takes time and effort.
Every time a transaction occurs, it will generate a new public key. The key makes it difficult for others to commit fraud on the wallet.