4. Store and access FIX Tokens and NFTs securely and easily
Last updated
Last updated
Similar to utilities and DeFi Leaders based cryptocurrencies, Findex (FIX) Token and NFTs are stored in a crypto wallet – the digital equivalent to an address. There are several crypto wallets available, including wallets from top exchanges that manage assets on the consumer’s behalf to wallets that give consumers direct control over their assets. To maximize the addressable market, it is important to be able to integrate with many of these wallets, so that Findex (FIX) Token and NFTs can be delivered to a maximum number of digital addresses.
There are two primary models for wallets – ‘custodial’ or ‘non-custodial’. Consumers that interact with crypto often prefer the ‘non-custodial’ model, as it gives them full control over their assets. As an example, platforms like SuperRare and OpenSea integrate non-custodial wallets, which means the consumer is responsible for securely storing the private key that allows them to access and trade their Findex (FIX) Token and NFTs. Each of these platforms has connectivity to specific third-party crypto wallets that provide encryption and security to users.
By contrast, including a custodial solution can help provide a broader audience easy access to a business’s platform. If using custodial solutions, it is important that the solution is from a trusted brand with strong security, as it will be responsible for safekeeping the Findex (FIX) Token and NFTs on behalf of the consumer.