Introduction: In this review, we explore Brave Wallet, an open-source, non-custodial digital currency wallet designed for a multichain world. We'll be discussing the benefits and drawbacks of the wallet, plus its features so that readers can determine if it suits their needs.
One of the main features of Brave is its built-in ad-blocking capabilities which improve page load speeds and block trackers and scripts that can compromise user privacy.
In 2021, Brave launched another important feature, the Brave Wallet. The wallet is built directly into the Brave browser which means that there is no additional extension to download.
Brave Wallet provides users with a platform to store, manage and buy multiple cryptocurrencies. Users can swap assets and participate in DeFi across EVM-based blockchains like Ethereum, Avalanche and Polygon and non-EVM chains like Solana.
Brave Supported Platforms
The Brave wallet is only available within the Brave browser and can be used on desktop and mobile. To access the wallet, you must first download the Brave Browser. If you are already using the Brave browser, the wallet can be found by clicking on settings and then selecting wallet on the right side. Users can also click on the wallet icon in the top right corner of the browser.
Brave Wallet Features
In terms of functionality, the Brave wallet does not have too much to offer at the time of writing. Users can buy, send, swap and deposit tokens from multiple EVM-based blockchains like Ethereum and Avalanche and non-EVM blockchains like Solana. Brave also offers support for NFTs and the ability to connect to dApps on the Solana network.
Users can also easily import or create additional wallet accounts on the Ethereum, Solana and Filecoin blockchains. Brave also offers the option to import wallets from a hardware wallet like Ledger.
For users who wish to buy crypto with fiat, they have the option to buy directly in the wallet through either Ramp Network or Transak. The supported payment methods with both these payment services are Zelle, CashApp, Venmo and Visa/MC. The lowest fee among these payments options begins a at 3.3% commission on the purchase amount.
Brave Supported Coins
The Brave wallet supports over 100 blockchain networks including Ethereum, Solana, Filecoin, Avalanche, Optimism and more. As such, users have access to the 1000s of different coins and tokens that reside on these blockchains.
Brave Wallet Customer Support
Brave offers customer support for Brave Wallet through its online ticketing system from Zendesk. Brave also provides FAQs and guides on how to use the wallet which answers questions about which chains are supported and other topics.
The Brave team is also responsive and helpful if you write to them on Twitter. CEO Brendan Eich is active on Twitter and often gets his hand dirty by helping out customers.
Is Brave Wallet Safe?
Brave Wallet is safer than other crypto wallets because it is built directly into the browser, making it less vulnerable to phishing, theft, and fake versions of an app. Brave also offers support for additional security by connecting a Ledger or Trezor hardware wallet. It's always the best option to use combine a Ledger hardware wallet in tandem with a hot wallet like Brave when interacting with DeFi applications.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.