- Huobi Cloud Wallet finally adds multi-chain support.
- Cloud Wallet now supports Ethereum, Heco, Polygon, and Binance Smart Chain.
Huobi Cloud Wallet has made another giant stride as the exchange just announced that its Cloud Wallet has added multi-chain support. With this latest announcement, Huobi Cloud Wallet users will now be able to transfer and receive top crypto assets like Ethereum, Binance Smart Chain, Heco, Polygon, and more without any hassle. Not just that, Houbi Cloud Wallet users will also be able to view their assets almost seamlessly.
This news is coming a few weeks after Houbi Wallet announced the launch of its Cloud Wallet, a brilliant feature that makes it easy for newbies to explore and take advantage of DeFi applications. With Huobi Cloud Wallet, users can seamlessly manage their crypto-asset without needing or keeping a private key.
Huobi Cloud Wallet brings about a new way to store digital asset
As the DeFi ecosystem continues to grow, newbies coming into this space are learning how to use wallets to store their digital assets. The not-so-cool part is that managing a non-custodial wallet can be pretty challenging, especially since it requires users to hold their own private keys. And should owners lose their private key, it will be impossible to retrieve their digital assets in the future.
But guess what? Huobi Cloud Wallet has changed the game with the launch of its Cloud Wallet. Thanks to its Cloud Wallet, users can now store their digital assets without storing or managing a private key. In terms of security, Huobi Cloud Wallet uses a third-party management system to keep private keys secure through what it calls a key escrow. With this option, users always have peace of mind knowing that their assets are secured and easily accessible.
Huobi Cloud Wallet and its Multi-chain Support
Since it launched a few weeks ago, Houbi Cloud Wallet has enjoyed massive support across the crypto space. While the Houbi Cloud Wallet feature makes it possible for users to store digital assets without managing their private key, its multi-chain support feature is super exciting to crypto enthusiasts.
With Huobi Cloud Wallet announcing multi-chain support, it now means individuals can manage all their digital assets regardless of the chain it is built on. From Ethereum to Polygon to Heco to Binance Smart Chain and more, Houbi Cloud Wallet has been carefully engineered to support all mainstream public chains along with all the digital assets on these chains.