Written by Ayodeji Awosika, Biz Dev DA of Project Hydro.
Generally, cryptocurrency wallets are designed to serve the function of storing and sending crypto coin/token, although many users encounter a number of challenges while using these wallets.
The challenge many users have faced with cryptocurrency wallets include huge fees while sending coins/token. Despite the low fees compared to fiat transfers, the charges on some coin/token are still reasonably high. Also, quite a number of wallets are not easy to understand or used by individuals who are new to crypto or has no idea of what crypto is.
From above, is a set of examples between the distinction of Hydro Pay App and other cryptocurrency wallets. Compared to other cryptocurrency wallets, Hydro Pay is feeless and allows for the transfer of Hydro token in Version 1 release without user incurring any gas fee. Design of the app has been praised by many beta testers to be simple enough for someone with little or no understanding of cryptocurrency.
During the weekend, we had a grandparent with no understanding of cryptocurrency and tech, download and try the app. Aside from praising the simplicity of the app, he could not hide his excitement. More reason we are more than excited to launch the world’s first gasless, feeless crypto p2p App for the entire cryptocurrency and unbanked community to use. Excited as much as we are, sign-up here to get early access.