Cryptocurrency News

Life Crypto Simplifies Crypto Transactions with its Non-custodial Wallet

By March 25, 2022 No Comments

The complexity of the crypto space has contributed to the slow pace at which beginners get involved in trading digital assets. That notwithstanding, crypto transaction volume hit $15.8 trillion in 2021. That is a whopping 567% increase from its trading volume in 2020. If the market could experience such an increase within a year, considering the current complexity of the crypto world, imagine what it would be like when crypto transactions become simple and easy for everyone. That is the future that Life Crypto is seeking to create. 

Life Crypto is a multi-chain non-custodial crypto wallet designed to allow everyone to easily conduct their crypto transactions. The Life Crypto team is building an array of products that are easy to use, irrespective of your experience with blockchain technology or crypto assets.

More Details about Life Crypto 

LIFE is built to make crypto transactions extremely easy for everyone, irrespective of the level of experience. With Life Crypto’s non-custodial wallet, you can use just a simple username instead of complex numbers for funds transfer. The project is setting the center stage to innovate and revolutionize crypto space. With its innovative features and high-level compatibility, LIFE is delivering a simplified tech interface where users don’t need any experience to conduct their transactions. 

The non-custodial wallet is a single crypto wallet that carries out multiple transactions, from bank transfers to retail payments, through a safe and secured means. Furthermore, there is no limit to who can receive and transfer funds with your LIFE non-custodial wallet. The LIFE team plans to release a series of app phases and business collaborations in the near future. They include fiat ramping, exchange listing, DEX, debit cards, and retail & crypto partnerships. 

The Life Crypto app will be released in the summer of 2022, and it will feature many compatible integrations that will support cross-chain transactions. In addition, these transactions will be performed using a simple nickname (username) identification process rather than the confusing and complex number combination. 

The Innovative Features of LIFE

  • Debit Cards 

The team is already in talks with MasterCard to provide users with a card for their everyday crypto transactions. This will enable Life Crypto wallet users to own a debit card and facilitate payments as well. They are also exploring more options with VISA, seeking how to make crypto transactions simple and easy for their users. 

  • Staking

Holders of Life tokens can earn passively by staking their tokens on Life’s high-rated staking platform. Life provides the highest interest rate on a single asset staked on its platform. Users have the choice of choosing when to stop their passive income flow. Life’s staking platform is safe and secured by audited smart contracts. The audited staking platform offers an irresistible 30%, 35%, and 39% APR for 1 month, 6 months, and 12 months respectively. 

You cannot find these incentives offered by Life Crypto in any traditional banking establishment. LIFE allows users to view their earnings and cash out hourly. 

  • The Wallet

It is a multi-chain wallet that is innovatively designed to lead the race in the rapidly evolving crypto world. The wallet is built with flexible protocols that enable it to bridge to the most advanced blockchain networks. To bridge blockchain to the real world, LIFE’s multi-chain wallet is enabling high-speed transactions with its simple username functionality. Users can easily shop online, send money to their friends, and even order takeouts. 

LIFE Token & Tokenomics

$LIFE is the powerhouse of the entire Life Crypto ecosystem. It is built on the Ethereum blockchain. Therefore, it is an ERC-20 compliant token. The token has a 10 billion fixed supply, and users can change it between various versions. It means you can swap $LIFE from an ERC-20 to a BEP-20 token. Therefore, they are compatible with major blockchain networks in the crypto space. You can buy the $LIFE token on a number of exchanges such as Uniswap, Gate, and MEXC.

LIFE is a new kind of money. The LIFE token, which is the financial backbone of the Life Crypto ecosystem, is an Ethereum based token that is also being built on BSC and Polygon. There are 10,000,000,000 (10 billion) LIFE tokens in total supply. 34% of the total supply will be offered in the pre-sale, 20% will be staked, the team gets 12%, 8% is allotted for an intensive marketing campaign, another 8% will be kept as a reserve, 6% is for operations, 6% for liquidity and Advisors get another 6%. 

Conclusion

The vision of the team of expert developers of Life Crypto is to offer simplicity to users’ everyday transactions by introducing the alternative of a username identification and the provision of a multi-chain crypto wallet. LIFE is evolving, and with improvements, more features will be integrated into the LIFE app to offer comfort and user satisfaction. You can visit the website for more information on upcoming events and how to stake LIFE tokens. Also join the Life Crypto Telegram group and follow them on Twitter so you don’t miss out on anything.