What is Ambire Smart Wallet?

21 Nov 2023

imageThe Web3 wallet that makes self-custody easy and secure for everyone
Buy, sell, manage & swap crypto and NFTs on a single address across 10+ networks.
Ambire Wallet is a cryptocurrency wallet that offers a range of features and benefits to its users. In this article, we will explore the various aspects of Ambire Wallet, including its token distribution, gas tank mechanism, eligible tokens for rewards, and leverage trading.
Token Distribution
Ambire Wallet offers a token called WALLET, which is used to reward users for holding and using the wallet. In order to claim rewards, users must accumulate a minimum of 1000 WALLET tokens for their first claim. Subsequently, they can claim tokens of any amount, subject to a maximum of 10,000 tokens per claim. The rewards are distributed on a monthly basis, and the amount of tokens received is proportional to the amount of assets held in the wallet.
Gas Tank Mechanism
Ambire Wallet has introduced a gas tank mechanism to reduce transaction fees for its users. The gas tank is a network fee prepay mechanism that allows users to prepay for network fees in advance. This helps to reduce the cost of transactions and makes it more affordable for users to use the wallet. According to a team statement, the first 10,000 Ambire users that deposit a minimum of $100 or crypto equivalent to the Ambire Gas Tank will receive a 50% bonus on their deposit.
Eligible Tokens for Rewards
Ambire Wallet supports a range of tokens, and users can earn rewards for holding eligible tokens in their wallet. The eligible tokens for rewards include tokens on Metis, Binance Smart Chain, and Ethereum. We recommend depositing assets of at least $1000, to justify the gas costs associated with claiming the $WALLET rewards.
Leverage Trading
Ambire Wallet also offers leverage trading for its users. Users can trade Ambire AdEx (ADXUSDT) futures contracts with up to 2000x leverage and margin on CoinUnited.io. This allows users to amplify their trading positions and potentially increase their profits. The platform offers zero fees, instant transactions, and access to a range of trading tools and features.
In conclusion, Ambire Wallet is a feature-rich cryptocurrency wallet that offers a range of benefits to its users. The token distribution, gas tank mechanism, eligible tokens for rewards, and leverage trading are some of the key features that make Ambire Wallet stand out from other wallets in the market. The wallet is user-friendly and easy to use, making it an ideal choice for both beginners and experienced cryptocurrency users.

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Interesting, definitely worth a visit
Interesting project! Thanks for sharing! :)
Might check this out in the future.