Wallet of the Week: nobank

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 going bankless with nobank

nobank is the new kid on the block! It’s a smart contract-based, non-custodial, multi-chain wallet that comes in both mobile and web app versions.

So, what can you do with it?

Onboard in two steps: Getting started with nobank is extremely easy. You can create a wallet in two clicks, with no seed phrase to write down and no requirement to fund the wallet first. An encrypted wallet key pass, biometric recognition, and password safeguard the app, while authenticator app and social recovery are available to restore lost access.

Build a diversified portfolio: With nobank, you can invest in token bundles as a way to diversify your investments. Available token bundles currently include nobank Diversify (top four tokens weighted by market cap on Polygon) and nobank Play (leading GameFi tokens weighted by market cap on Polygon), while nobank Sustain (tokens that support carbon-neutral or carbon-negative projects) is on the way.

Explore Polygon and Harmony: nobank is a wallet for Polygon and Harmony, and will add support for Ethereum soon. Once that’s live, you’ll be able to natively stake ETH and MATIC with just one click.

As a welcome gift, nobank is covering all gas fees. They’re also open to business partnerships to help onboard more people into web3. If any of the above interests you, head on over to their website!

To find out more about nobank, check out their Twitter and website. To discover other wallets in the WalletConnect ecosystem, head on over to our Explorer and start browsing today.