announced that it has launched its global crypto wallet service, Dove
Wallet. Dove Wallet provides cryptocurrency trading markets, and
transfer service currently.
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Childly announced that it has launched its global crypto wallet service, Dove Wallet. Dove Wallet distributes daily bonus according to the user’s total balance and trading volume. (Graphic: Business Wire)
Dove Wallet distributes daily bonus according to the user’s total
balance and trading volume. The idea is simple. Dove Wallet distributes
some portion of the gathered trading fee to users back. When market
volume increases, the bonus will increase too. As bonus distribution
history page is open publicly, you can also check whether bonuses are
distributed correctly or not comparing with your wallet balance. One of
the interesting parts is that this is risk-free, passive income because
Dove Wallet is not making money from loans or investing, but service
fee. Users’ money is safe whether the price goes up or down.
Dove Wallet’s another feature is N:N multi-order book. A great use case
of N:N multi-order book is that a user can do a currency-exchange of an
alt-coin to alt-coin directly.
This is where the N:N feature shines as any coin other than BTC can be a
key currency in the conversion. This feature will help remove the hassle
for multi-step exchanges to get their desired coin. This also helps the
crypto-market (or economy) breakaway from its excessive dependency on
big coins like BTC.
Wallet will make strides to open more various services surrounding
payments, sending tips, fiat currencies and web APIs.