Toncoin Wallet MyTonWallet Receives Major Upgrade, Including iOS / Android Support and New Browser Extensions
Key takeaways:
- MyTonWallet has released version 17 with significant upgrades to improve user experience.
- Major additions include mobile apps for iOS and Android, enhanced staking capabilities, new swap functionality, cross-chain atomic swaps, increased security options, customizable base currency, and expanded browser extension support.
- Our price prediction algorithm forecasts the Toncoin (TON) price to grow to $2.33 in the next one month.
MyTonWallet, a web wallet for the TON Network, has released a version v17 with several major upgrades which includes the introduction of a mobile app for both iOS and Android, as well as new browser extensions for Chrome and Firefox.
As an open-source wallet, MyTonWallet does not have access to any user funds or private data. Which means all access remains securely in the control of the user. However, this latest release focuses on expanding features and flexibility for interacting with the high-speed, low-cost TON blockchain.
Mobile apps
One of the biggest new features is the launch of iOS and Android mobile apps for MyTonWallet, which now enables users to easily access their TON wallet on-the-go directly from their mobile devices. Therefore, addingconvenience for users who want to access their TON assets and activities from anywhere at any time.
Enhanced staking options
MyTonWallet has also upgraded its integrated staking features as users can now stake their TON coins with no deposit amount limits and earn some of the highest staking reward yields among all TON staking platforms.
Additionally, users can also easily track and withdraw their earned staking rewards. This makes the entire staking process smooth and rewarding for users looking to maximize their TON holdings over time through passive income generation.
New swap functionality
Version 17 also introduces a new swap feature that allows users to exchange their TON coins and tokens in a decentralized manner and at the best rates. MyTonWallet uses real-time analysis of rates across all existing TON decentralized exchanges to ensure users get optimal swap rates.
Cross-Chain atomic swaps
In addition to TON-based swaps, users can now utilize Atomic Swaps to securely trade their TON assets for other cryptocurrencies including USDT, USDC, BTC, ETH, and LTC. This enables decentralized cross-chain exchanging without involving any centralized intermediaries.
Atomic Swaps leverage smart contracts to enable trustless trading between different blockchains. This opens up whole new trading possibilities for TON holders within the MyTonWallet interface.
Enhanced security features
MyTonWallet v17 also introduces new security capabilities to give users greater control over protecting their funds. The new version enables fingerprint or system password authorization as an extra authentication layer for accessing their wallet.
The wallet also has integrated support for Ledger hardware wallets. Users can pair their Ledger Nano S or Nano X devices with MyTonWallet to leverage the maximum security benefits of cold storage. Overall, users have more ways to lock down their TON assets.
Customizable base currency
For further personalization, users can now change the base currency used throughout the wallet interface for displaying price data. You can easily choose from popular fiat currencies like USD, EUR, NGN as well as top cryptocurrencies including BTC and ETH.
New browser extensions
In addition to the existing Chrome extension, MyTonWallet v17 adds browser extension support for Firefox and Edge. Thereby, giving users flexibility to access their wallet securely and seamlessly from their browser of choice. The browser extensions also come with useful features like interactive price charts, address book, anti-spam filters, and integration with external services.
Toncoin (TON) price movement
As of Dec. 5th 2023 when crypto exchange, Bitget integrated with Toncoin mainnet in its wallet, the toincoin token was priced at $2.29. However the price has dropped by 2.1% as of today to $2.22 with a market cap of over $7.6 billion.
However, our algorithm forecast Ton price to surge in the next one month by 4.66% and reach $2.33%.
