CryptX

What is the CryptX wallet?

CryptX Wallet is an enterprise-grade operational wallet with strong security features. It is said to supports over 100 coins and uses a simple interface to handle multiple coin balances. It is ideal for users who accept diverse coins, need to manage liquidity, and hedge against volatility. CryptX was launched in 2018 by the Georgian company CryptX. It is used by businesses and institutions to manage liquidity and handle diverse coins.

Disclaimer:

Please note that CryptX Wallet is distinct from other cryptocurrency platforms. If you arrived here due to a typographical error, such as mistyping "Crypto," please ensure you are accessing the intended platform. Always verify the authenticity of the services you use to safeguard your digital assets.

Is CryptX wallet still available?

It appears that CryptX's online presence is limited, with many of their pages being unavailable or inactive. The Facebook page, while accessible, hasn't been updated in two years, which might indicate a decline in activity or public engagement from the company. However, one of the founders, Ioseb Bolkvadze, is available on LinkedIn and could be a potential point of contact for further information about the CryptX Wallet and its current status.

For more information on the current status of CryptX Wallet, consider reaching out to one of the founders,  here's the link to his profile: Ioseb Bolkvadze on LinkedIn. Reaching out to him could provide more clarity on the current operations and future plans of CryptX.

As of November 2024, CryptX's online presence appears limited, with several pages inactive or unavailable.

Is CryptX Wallet Secure?

CryptX Wallet employs institutional-grade security measures to protect digital assets. It uses Hardware Security Modules (HSM) developed and managed in Switzerland for secure private key storage. The wallet also includes two-factor authentication (2FA), which requires an additional verification step beyond the usual password entry, enhancing account security. Other security features include the ability to whitelist withdrawal addresses, limiting transactions to pre-approved addresses, and an activity log that records account access details.

Is CryptX Wallet Safe to Use?

CryptX Wallet is operated by CryptX, a registered company based in Georgia. The wallet has been in operation since 2018, and its key team members are publicly known, contributing to the company's transparency. The wallet is designed with multiple security features aimed at protecting user funds and information. Users have provided feedback on its performance, and there have been minimal reports of security issues related to the wallet's operation. The transparency of its key team members and the implementation of multiple security features contribute to its safety. User feedback indicates minimal reports of security issues related to the wallet's operation

‍What Features Does CryptX Wallet Offer?

CryptX Wallet provides several features tailored for enterprise users:

• Auto Swap Functionality: This feature allows for automatic conversion of cryptocurrencies within the wallet to stablecoins like USDT, mitigating exchange rate risks.
• CryptoCompare
• Multi-Currency Support: The wallet supports over 100 coins, enabling users to manage a diverse portfolio efficiently.
• CryptoCompare
• Secure APIs: CryptX offers secure APIs with two-factor authentication, facilitating seamless integration with various applications.
• CryptoCompare

How Does CryptX Wallet Compare to Other Enterprise Crypto Wallets?

CryptX Wallet distinguishes itself with its Auto Swap functionality and extensive multi-currency support. However, potential users should consider the current limited online presence and activity of CryptX, as a red flag, when evaluating it against other enterprise crypto wallets.

Are There Alternatives to CryptX Wallet?

Yes, there are several alternatives to CryptX Wallet, including:

• Zengo Wallet: Known for its security features and user-friendly interface.
• Coinbase Wallet: Offers integration with the Coinbase exchange and supports custom RPC lists to transact on any EVM Blockchain. It also supports Bitcoin and Solana in a wide range of cryptocurrencies.
• MetaMask: A popular choice for interacting with decentralized applications and managing Ethereum-based assets.

When selecting a crypto wallet, it's essential to assess factors such as security features, supported cryptocurrencies, user experience, and the provider's reputation.