Now Samsung smartphones will help you to manage your cryptocurrencies better | Mobile News

Now Samsung smartphones will help you to manage your cryptocurrencies better

This feature is not available on all Galaxy smartphone but only on the ones running on Android 9.0 and above.

By: HT TECH
| Updated on: Aug 21 2022, 17:17 IST
Samsung Blockchain Wallet
Samsung Blockchain Wallet (Samsung)

Samsung smartphone users have been able to store various cryptocurrencies since the time the company launched the Galaxy S10 smartphone back in 2019. Now, the company has rolled out an update on its Galaxy smartphones that enables users to manage their digital currencies better.

Samsung has announced that blockchain users can now manage and trade virtual assets from third-party wallets on Samsung Galaxy smartphones. The update makes it easier for blockchain users to access and process transactions by importing virtual assets stored on select cold hardware wallets to the Samsung Blockchain Wallet available on Galaxy smartphones.

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That said this feature is not available on all Galaxy smartphone but only on the ones running on Android 9.0 and above. Samsung says that Users of Galaxy smartphones that do not feature the Samsung Blockchain Keystore will still be able to utilize this latest update by physically connecting to the hardware wallet to manage blockchain assets or keys.

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The company said that in addition to the Samsung Blockchain Keystore, Galaxy smartphones can now connect to hardware wallets including the Ledger Nano S and Ledger Nano X. Additionally, Samsung Blockchain Wallet users will also be able to keep up with the latest trends in cryptocurrency with a dedicated newsfeed in the app featuring articles from CoinDesk, one of the top blockchain news outlets.

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First Published Date: 14 May, 17:42 IST
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