The first time I heard about Bitcoin was around 2011, when it first rose from like $30 to a thousand. But then it fell back to around $30 again in 2014 and I thought it was too risky to invest. Boy was I wrong. Anyway, it was around that time that I began being interested in crypto, and did a few small investments. One issue I remember having was installing the wallet. At the time I was keeping the official Bitcoin wallet installed on my computer, and everytime I would open it I needed to wait for it to be in sync – it was painful to wait as there was a lot of info to sync. Then I repeated the same process with Dogecoin (had a few as a joke), and I had to install another wallet for it, separate from the Bitcoin one. Double the trouble.
Boy did things change. Now it’s as easy as installing an app on your smartphone to keep your crypto safe. Long story short, that’s how I discovered AnCrypto, a multi-chain crypto wallet for Android (they do have an iOS version, but I’m only using the Android one).
What’s a multi-chain crypto wallet?
A multi-chain crypto wallet, like AnCrypto, is a type of cryptocurrency wallet that supports multiple blockchain networks and their respective cryptocurrencies all in one. Unlike traditional wallets that are limited to one blockchain, multi-chain wallets offer users the ability to manage various cryptocurrencies across different blockchains within from a single app. Basically you install an app such as AnCrypto and you’ll be able to hold in it all your important crypto currencies. It works with all leading blockchains including Bitcoin, Ethereum, Binance, Polygon (Matic), Doge, Tezos, Litecoin, Nordek, Fantom, Bitcoin Cash, Tron & others (up to 12 different blockchains are available).
Now, while multi-chain crypto wallets can offer convenience and flexibility for managing digital assets, it’s very important to do your research first and pick a wallet that prioritizes security, has a great reputation and adherence to best practices – like AnCrypto. Here are the features that make AnCrypto an excellent multi-chain wallet choice:
Safety 1st Multi-Chain Wallet
AnCrypto has a non-custodial approach to ensure your crypto is secure and that you remain in full control of your funds at all times. Whether you’re buying, selling, storing, or swapping cryptocurrencies across different blockchain networks, AnCrypto ensures the highest level of security for your assets.
The key here is the non-custodial part. What that basically means it’s that you retain full control of your private keys and crypto funds while using the wallet. This obviously reduces the risk of third-party breaches or mismanagement of funds (that’s why an online wallet is riskier).
Here’s another important security aspect that AnCrypto excels at. When you first create your wallet, it’s mandatory to back-it up. You protect your wallet by backing up your secret phrase mnemonics phrases manually or via Google Drive. This is important because if you lose your phrases, the wallet won’t be recoverable. Fun thing is that after showing you the phrases, on the next step you play a little game of filling the missing gaps – basically they hide a few words and you have to correctly choose them to continue.
Seamless integration with leading blockchains
Gone are the early days of managing multiple individual wallets for every cryptocurrency you owned. AnCrypto supports all leading blockchains, including Bitcoin, Ethereum, Binance, Polygon (Matic), Doge, Tezos, Litecoin, Nordek, Fantom, Bitcoin Cash, Tron, and many others. This means you can manage and trade your crypto assets plus NFTs across various platforms without the hassle of switching between different wallets. And its interface is incredibly well built, looks like a full blown DeFi tool.
Chat and pay or be paid
This isn’t something you usually see in crypto wallets, but AnCrypto includes a chat option. You can invite your friends over, then you add them as a contact and you can easily start to chat with them. Or you can search through the public network for their username (which is unique) and then start chatting. Now comes the incredible part though. You can send and receive crypto payments while chatting. Simply tap a button and you can send your friends crypto (or get some). Say goodbye to complicated wallet addresses, it’s easier to search for usernames instead.
Username-based identity
AnCrypto uses Web3 decentralized identities. When you first start the app, after a short tutorial you are able to create a new wallet or import an existing one. Next step is choosing your unique Web3 username and enjoy error-free instant crypto transfers to anyone in your Crypto Contact list. When you create your username you also set your privacy preferences. You can choose a public profile, meaning other users can search for your username and send you crypto. Or you can create a private profile, and they won’t find you even when searching for your username.
Swap and pay
AnCrypto is the first cryptocurrency wallet to integrate the “Swap and Pay” feature, allowing you to swap cryptocurrencies smoothly within the chat window. Easy to transfer crypto assets in and out of different blockchains in a few taps. You can also easily buy any crypto currency you’d like using your credit card or existing crypto holdings.
Real-Time insights and zero gas fees
AnCrypto provides real-time data and insights into your assets, allowing you to monitor live market prices effortlessly. Right after you start it, the home screen will show up the most important crypto assets with graphs that show their evolution dynamically. You can start trading them right from that screen. Also, they have a zero gas fee only for TRON transactions (so for other trades you still pay gas fees).
In-app browser
AnCrypto includes a browser where you can load the most known dApps. dApps, short for decentralized applications, are a type of software applications that run on a decentralized network rather than a single computer or server. You can easily load Pancake, Compound, Sushiswap, AAVE and a lot of other popular dApps right within AnCrypto.
Rewards program
AnCrypto includes a referral program. You can invite your friends and give them your referral code. When a referred friend makes a $100 swap (or more), you earn a gem. So you collect gems that can be later traded in for USDT. For instance, for every 5 gems you get 5 USDT. If you want to add a referral code in AnCrypto, you can add mine by copying and pasting the following code: OjHiyI4v
They’ve also included a Coin reward program. You get coins for doing daily tasks, for instance when you login for the first time you get 100 coins. You get 20 coins for using the app daily. Whenever you chat/swap/trade you get coins too. What can you do with AnCrypt’s coins? Well, for example you can participate in crypto airdrops and basically get free tokens in exchange for coins.
Exceptional support
What does exceptional support mean? Well, 24/7 chat support is exceptional. Given that you’re transferring your crypto funds in it, there are situations when you need to get some questions answered fast. That’s why it’s important to get quick 24/7 chat support.
So, who’s behind AnCrypto? Aside their public website (which is incredibly well designed), they also have a public Linkedin page where you can find out more:
- they’re headquartered in Ontario, Canada
- they mention having 201-500 employees
- founding date is 2022
As far as their Android app goes, on Google Play it has an average rating of 4.4 out of around 1,700 reviews plus over 100,000 installs so far. To me that seems quite trustworthy. You can easily give it a try depending on your flavor:
