Wallet of the Week: Koala Wallet
Taking your first steps into web3 can be overwhelming, with a plethora of wallet choices at your fingertips. In our “Wallet of the Week” series, we put the spotlight on one wallet and share why we think they’re worth checking out.
Three reasons why we’re using Koala Wallet to check out Kadena
Koala Wallet is your passport to the budding Kadena ecosystem, and is built by a diverse team of professionals whose experiences span the crypto ecosystem. Besides helping you manage your coins, tokens, and NFTs, this non-custodial wallet provides plenty of other features to help you navigate all things Kadena.
Connect securely to dapps: Koala Wallet, available on iOS and Android, has implemented the most recently approved WalletConnect standard for Kadena (KIP-0017). This integration means that you can interact with your favorite dapps on Kadena, from marketplaces and minting platforms to DEXes and DAOs, all without exposing your private keys or recovery phrases. Security and convenience in one!
Explore with peace of mind: Besides completing a successful security audit, Koala Wallet has implemented a range of security measures to protect users. You can manage your assets with ease thanks to Koala Wallet’s secure keyboard for recovery phrase entry and pin entry to combat keyloggers and data sniffers when recovery phrases and passwords are displayed. Plus, they even offer 24/7 customer support. Learn more about their security measures here.
Enjoy the ease of Kadena Names: You no longer have to deal with complex recipient addresses when sending assets using Koala Wallet. Instead, you can type in your recipient’s Kadena Name domain, a human-readable simplification that minimizes the possibility of error.
What’s next?
Koala Wallet has ambitious plans for the future. Besides adding support for more cryptocurrencies (such as Bitcoin, Dogecoin, and Ethereum) as well as multi-seed and multi-accounts, a web extension version of the wallet is also in the works.
As Koala Wallet moves towards a chainless experience for Kadena, expect continuous refinements to UX, with an emphasis on usable tools for investing and portfolio tracking. Check out their 2023 roadmap to find out more.
To find out more about Koala Wallet, check out their Twitter and website. To discover other wallets in the WalletConnect ecosystem, head on over to our Explorer and start browsing today.
