Cryptocurrency exchange Gate.io has released the Wallet S1 hardware wallet. This is the first such device developed by a marketplace.
Wallet S1 is equipped with a fingerprint sensor – the user does not need to come up with and enter complex passwords, just put his finger to verify the transaction. Also, thanks to the fingerprint scanner, the hardware wallet is protected from a brute-force attack.
The device supports over 10,000 different digital assets including BTC, ETH, EOS and other popular cryptocurrencies. Gate.io Marketing Director Marie Tatibouet stressed:
“Wallet S1 is a very secure wallet. The secret key is stored on the device itself, without Internet access. In addition, it allows you to quickly and easily sign transactions. This is the first hardware wallet with a fingerprint recognition algorithm. ”
In addition to a convenient way of storing cryptocurrencies, Wallet S1 will provide users with a fast, easy and secure option to access Gate.io’s own blockchain called GateChain.
“Wallet S1 is also suitable for corporate use – it can be used in conjunction with a Vault address to gain access to GateChain. It is an open blockchain designed with security in mind. The device provides increased security for storing large amounts of assets for a business or financial institution, ”the exchange said in a statement.