Bittime – Phantom, a US-based company, has acquired Bitski to integrate its crypto wallet directly into the Solana ecosystem, this aims to simplify the user onboarding process and increase the convenience of the web3 user experience.
With this acquisition, the Bitski team will officially join Phantom to introduce embedded wallets to Solana, simplifying onboarding for users and application developers and attracting new users.
Why did Phantom collaborate with Bitski?
What is Bitski?
Founded in 2016, Bitski specializes in providing embedded wallets and has a good reputation in the web3 sector. Over the years, Bitski has developed user-friendly web3 tools and partnered with well-known brands such as Adidas, Major League Soccer (MLS), and WWE.
Also read: PLANET Token Prices Soar After Collaboration with Messi
Bitski's technology allows developers to create sophisticated wallet experiences, allowing users to log into the app using email or an account from Apple, Google, or X. The acquisition is expected to help Phantom advance mainstream crypto adoption.
The Phantom team expressed their excitement about the acquisition, continuing to express Phantom's readiness to contribute in terms of technological expertise and a team that shares a shared vision to make logging in to web3 applications as easy as logging into web2 applications.
The Future of Onboarding
Solana's acquisition of Phantom aims to bring embedded wallets to the forefront, simplifying the onboarding process for decentralized applications (dApps) and improving ease of navigation within the ecosystem. Phantom's focus on user experience and interface simplification is strengthened by support from Solana's founders.
Also read: Phantom Presents "Wallet Watcher" for View-Only Tracking
Eliminating the Seed Phase
Phantom aims to eliminate the need for a Seed Phase, making it easier to use web3 applications and making the transition as smooth as with web2 applications. Their approach to seedless self-custody addresses complexity, with a priority on solutions that are modern for security while remaining simple to use.
Check Today's Crypto Market:
Attracting New Users!
This exciting innovation is expected to attract many new users and application developers, driving new opportunities and use cases in the crypto space. With an emphasis on accessibility and security, Phantom hopes to encourage broader participation and accelerate innovation in the digital economy.
Also Read How To Buy Crypto:
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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