The blockchain never stands still or rests on its laurels, and because of this, nobody who wants to trade in crypto or engage with everything web3 has to offer can afford to stand still either.
To that end, financial management and crypto conversion apps such as Volta Wallet do not rest on their laurels but instead work to provide a simple, easy and enjoyable way to manage your finances both on and off the chain.
Volta has been working overtime with implementing a raft of exciting new features that we cannot wait for you to try. Here is a brief rundown of what you can expect with the new Volta.
Fixes And Enhancements
The best services keep moving forward to give you the best experience, so the best place to start is to talk about the upgrades to the foundations you can expect from the new Volta.
The first is that creating and restoring accounts is easier and better than ever before, with a reworking of the processes used to make them.
Next, there has been an improvement in how the enterprise-grade XDC token is managed, where there is greater compatibility with older wallets that use the XRP Ledger system. This means that everyone can benefit from the secure, quick, mining-free transfers that XDC offer.
Alongside this, the ability to execute partial transactions using XRPL tokens allows for faster, more flexible payments.
Finally, the way wallets look on Volta has been updated to make them easier to read, allowing you to see at a glance how your wallets are being managed.
These create a solid foundation to not only refine a solid foundation but also provide even greater functionality.
Brand New Features
Alongside refinements and updates to the features Volta already has, there is a platform to add even more unique and exciting features.
The new account creation system comes alongside a range of more flexible security settings, with the ability to enable two-factor authentication (2FA), Volta PIN and biometric security, allowing for greater security for exceptionally precious assets.
These can be turned on and off at will, although these will have implications for the use of other features as discussed in the refinements section below.
Unlike some other types of wallets or management apps, the wallet balances on Volta are updated in real-time, meaning that you know at a glance how much money is in each of your wallets at any given moment.
There is also implementation of the ambitious TRON network, the fastest-growing blockchain in the world, with the ability for Volta Wallet to manage all tokens kept on the TRON blockchain as well.
Alongside newer, clearer wallets, there is also a new home page with a seamless design, which helps make a simple way to get into the crypto ecosystem even easier to use.
Given that one of the biggest barriers to the blockchain is user experience, this is a critical part of ensuring everyone who would benefit from crypto and the benefits of web3 can take advantage of it.
Volta is doing everything possible to help with this, with a dedicated collection of video tutorials easily accessible via the home page, featuring helpful tips, tricks and detailed guides.
Expert Refinements
From updates to Volta’s foundations to a raft of new features making crypto irresistible to newcomers, the new update has a lot to offer. However, for people already using and taking full advantage of the app’s benefits there are also some substantial refinements to make the everyday easier.
There is greater clarity on Volta’s enhanced security protocols. If you want to send, swap or off-ramp crypto, you will need to activate 2FA, Volta PIN and biometrics.
As well as this, Volta now supports sharing wallet addresses via text message or QR code, which allows people to easily connect with other people and send crypto between friends without the need to memorise complex ID codes.
As well as this, Volta has implemented Deposits and Withdrawals, making it easier not only to manage crypto but 43 fiat currency transactions as well, including:
- Euro
- US Dollar
- Pound Sterling
- UAE Dirham
- Argentine Peso
- Australian Dollar
- Azerbaijani Manat
- Bangladeshi Taka
- Brazilian Real
- Canadian Dollar
- Chilean Peso
- Colombian Peso
- Swiss Franc
- Costa Rican Colón
- Czech Koruna
- Danish Krone
- Dominican Peso
- Algerian Dinar
- Egyptian Pound
- Georgian Lari
- Hong Kong Dollar
- Croatian Kuna
- Hungarian Forint
- Indian Rupee
- Japanese Yen
- South Korean Won
- Kuwaiti Dinar
- Moroccan Dirham
- Malaysian Ringgit
- Nigerian Naira
- Norwegian Krone
- Peruvian Sol
- Philippine Peso
- Polish Zloty
- Romanian Leu
- Saudi Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Tunisian Dinar
- Turkish Lira
- Ukrainian Hryvnia
- CFA Franc
When using Volta for deposits and withdrawals there is also a mandatory Know Your Customer system to allow for even greater security and regulatory compliance.
The Settings menu has been moved on the app to the navigation menu to make the app even easier to use and tweak to your liking.
Finally, Volta has paired with hundreds of retail partners, allowing for fantastic discounts depending on the currency you choose to use.