More crypto for your buck with RioWallet V2.3

RioDeFi
RioDeFi
Published in
2 min readNov 9, 2021

The new version of Rio Web Wallet is live and it’s awesome. With each new release, our developers are pushing the envelope to make RioWallet the most versatile and easy-to-use cryptocurrency wallet.

On the menu this week: Simplex FIAT on rail integration and an upgraded Secret recovery phrase system. Find the details below:

What is new in Rio Web Wallet V2.3?

  • Buy Crypto (using Simplex solution)

Users can now purchase the tokens which are already integrated on the RioChain with the Generic Asset Bridge: RFuel (erc20), ETH, USDT, BTC. When users are on the Buy Crypto tab, they display the RioChain address to receive these tokens.

The RioChain address is the one from the Generic Asset Bridge, linking the native network of the token (Ethereum or Bitcoin) and the RioChain network. To make the payment, users are sent on the Simplex interface. Once it is done, users will receive the token RST-88 version of token on the RioChain. The native token will be safely stored in our custodian.

  • Secret Recovery Phrase:

Now the mnemonic phrase (also called secret recovery phrase) is accessible from the Web Wallet. Users can display and copy the phrase to make sure they have it safely written somewhere as a backup. Without this phrase and the Keystore file, users lose their access to the wallet.

We can’t wait for our community to get their hands on this new version! Stay tuned to learn first about our next product release!

Try it out yourself👉https://riodefi.com/wallet

About RioDeFi

RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services.

We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.

“Rio” is the word for river in Spanish, and to us it represents the ideas of liquidity and flow. We believe that money is energy in a liquid, spendable form, so Rio represents these flows of wealth. RioDeFi is dedicated to bringing transparency and inclusion to the world of finance.

To learn more about RioDeFi please visit:

Website: https://www.Riodefi.com

Twitter: https://twitter.com/riodefiofficial

Telegram Channel: https://t.me/riodefiofficial

Telegram Announcement: https://t.me/riodefiofficial

Medium: https://riodefiofficial.medium.com/

Reddit: https://www.reddit.com/r/RioDeFiOfficial/

YouTube: https://www.youtube.com/c/RioDeFi

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