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Exclusive: Grab Adds Web3 Crypto Wallet And Guidance On NFTs For 180 Million Users

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Exclusive: Grab Adds Web3 Crypto Wallet And Guidance On NFTs For 180 Million Users

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Key Points:

  • Snatch has added a Web3 crypto wallet to its foundation, carrying digital currency to its 180 million clients.
  • Support for the Polygon wallet and instruction on wallets and NFTs are included with the Web3 wallet, which is currently available for use in the Singapore region.
Grab adds a Web3 crypto wallet to its platform. This addition brings cryptocurrency to a massive new 180M users.

Snatch, Southeast Asia’s biggest Uber-like application has added a Web3 crypto wallet to its foundation. This addition introduces cryptocurrency to a significant new audience with 180 million users. Support for the Polygon wallet and advice on wallets and NFTs are included in the Web3 wallet’s current availability in Singapore.

 

The Web3 wallet lets users store, send, receive, transfer, track, and manage digital assets and tokens that are created and recorded on a blockchain or distributed ledger, according to the announcement. Digital tokens must be transacted on blockchain networks and protocols that are compatible with the wallet in order to use the wallet. After that, these tokens can be used or spent at third-party providers that are participating, making cryptocurrency more accessible than ever before.

 

 

 

 
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The Web3 wallet holds digital tokens separately from the fiat currency or GrabPay Credits, which are held in the GrabPay Wallet. The service is currently only available to users of the Grab Platform who have fulfilled the eligibility conditions determined by the company. However, the company reserves the right to reject any participation from any user at its sole and absolute discretion without assigning any reason whatsoever.

In addition, the company may take the necessary measures, such as freezing the tokens, terminating the user’s account, or reporting suspected illegal activity to the appropriate law enforcement agencies, in the event that users send or receive supported digital tokens from a blocked address.

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