Opera’s Crypto Wallet – Get Started on Decentralized Finance (DeFi)

While the potential of blockchain and cryptocurrency is only starting to gain interest with the general population, developers and innovators have been busy. They are continuously creating the infrastructure and applications needed to usher in the future of the internet, transactions, communication, and more.

Opera’s Crypto Wallet is one of such futuristic inventions that Opera launched in 2018 as an Ethereum-based built-in native cryptocurrency wallet for PC, Android, and iOS users. It lets you make secure online payments with cryptocurrency directly from your Opera browser to other users’ wallets, merchants, and decentralized applications (dApps).

Users can also store or receive crypto payments and other incentives like collectibles and tokens from other Ethereum-based dApps. Additionally, for Android users, Crypto Wallet uses Android’s highly secure lock to enable users to make transactions without needing additional PIN codes or passwords.

Crypto Wallet Available for PC, Android, and iOS Users

Opera is a Norwegian Software Company that first started a research project twenty-five years ago to become one of the most adaptive and progressive web browsers in the world today. By 2019, Opera had an active smartphone user base of 222 million, 65 million PC users, and a monthly total of 350 million active users around the world.

To support decentralized finance and its platform, Opera started by launching a Web 3 ready browser, Opera for Android, in December 2018, which it later integrated onto PC four months later, in April 2019. In June 2019, Opera launched the Opera Touch browser for iOS with Web 3 support two months later. Using Opera Touch, iOS users can seamlessly interact on the Ethereum Blockchain with other Web 3 applications.

Ethereum is a fast-growing blockchain ecosystem that allows users to make transactions using ETH cryptocurrency and enables developers to build all kinds of decentralized applications (dApps). It offers usability of ERC-tokens, stablecoins, and non-fungible tokens (NFT), all of which Opera now supports in the Crypto Wallet.

Opera is the first major browser to integrate web three functionalities. Web 3 is the next generation internet where blockchain technology is upgrading or re-inventing data storage and management using distributed data management systems. These systems extend ecosystems’ functionalities and enhance data security, user privacy, and browsing speeds.

Why should you get an Opera Crypto Wallet?

There are many monetary and informative reasons as to why you should get Crypto Wallet, and here are seven valid reasons:

  • It is free and secure.
  • It allows you to directly pay for goods and services with cryptocurrency from your Opera Browser to Coinbase Commerce merchants.
  • Send or receive cryptocurrency from other users and dApps straight from your browser.
  • Securely store (hold) your crypto funds and other collectibles and tokens from other dApps like CryptoKitties. Crypto Wallet supports all ERC20 tokens and some ERC-721 unique tokens and collectibles.
  • Make transactions from your desktop on the Opera browser. This feature allows you to interact with other dApps on Ethereum without having to use extensions.
  • The Crypto Wallet’s keys and backup phrase are installed on your mobile phone, where they remain secure in your device’s storage.
  • Familiarize with decentralized finance aspects such as cryptocurrencies, tokens, and collectibles and decentralized internet and dApps.

Get Your Opera Crypto Wallet

  1. First, install the Opera browser on your PC and go to advanced settings on the sidebar. Select Features and scroll down to Crypto Wallet and click enable.
  2. Install Opera for mobile and create either Opera Touch for iOS or Opera for Android. For Opera Touch, tap the three-dot menu in the upper right-hand corner to select settings. Scroll down to Crypto Wallet and tap the Activate button.
  3. Opera Crypto will then create a 12-word back up (Seed) phrase for you. Use this seed phrase in case your phone gets lost to gain access to your wallet. Keep your seed phrase very secure because without it, resetting your wallet is impossible, and your funds will be lost forever.
  4. Next, connect your PC Crypto Wallet with your mobile phone Wallet. Go to the Easy Setup button on the toolbar’s far-right edge and select Crypto Wallet under Features. You will see the Crypto Wallet icon on the sidebar.
  5. Now open the Crypto Wallet sidebar panel and Click Reveal the Code.
  6. On your mobile browser, go to settings and click Connect to Computer and scan the reveal code. If Opera Touch requests to use your device’s camera, permit it as it needs to scan the code. And that’s it. Your Crypto Wallet is ready for use and ready for a top-up.

How to Top Up Your Opera Crypto Wallet

Opera introduced Apple Pay or debit cards as payment methods for US and Scandinavian users to buy both BTC and ETH.

In partnership with Wyre brokerage firm in the US, android users can purchase cryptocurrencies using a debit card and Apple Pay for iOS users in less than 30 seconds. Payments will soon be available in other countries as well.

Crypto Wallet Will Play a Major Role in Mass Cryptocurrency Adoption

Opera is more than just a browser, and it offers many other unique features apart from the Crypto Wallet. Other unique features make Opera an ecosystem and one of the most advanced Browsers in the world.

The Opera native Crypto Wallet allows users to accomplish a lot and interact with many cryptocurrencies without leaving the decentralized ecosystem. Opera stated that while they believe all modern browsers should integrate a crypto wallet, Crypto Wallet’s development was further pushed by high demand from the crypto community.

“With a built-in Crypto Wallet, the browser has the potential to renew and extend its important role as a tool to access information, make transactions online, and manage user’s online identities in a way that gives them more control.”

Therefore, opera has realized that it takes more than infrastructure and excellent products to achieve mainstream crypto adoption. This has resulted in many partnerships and products aimed at availing decentralized services and familiarizing people with crypto concepts and terminologies.

Cryptocurrencies are mostly perceived as complex by the general population, and it makes people shy away from decentralized applications and especially decentralized finance. This extension of services expands interest in and growth of blockchain and crypto, and it’s one-way Opera is pushing for adoption of blockchain and crypto.

Bitcoin live price
price change

Featured image courtesy of Opera Blog.

Stay up to date with our latest articles

More posts

indu4.0 – The Digital Marketplace for the Manufacturing Industry

indu4.0 is a digital B2B marketplace for the manufacturing industry, aiming to make the bridge between supply and demand faster, more efficient, and cost-effective. The company behind it, Indu4.0 AG, operates from Lucerne, Switzerland. It has already succeeded in integrating numerous complex industrial products and services with a sophisticated filter system in a user-friendly platform. This indu4.0 review looks closely at one of the most ambitious projects seeking to establish a blockchain presence for the behemoth-sized manufacturing industry. Read on…

SpurDex – A Cross-Chain DEX Platform for Hassle-Free Trading

SpurDex is a cross-chain DEX platform that supports the hassle-free trading of digital assets. The platform aims to provide a decentralized, secure, and user-friendly experience for all its users. SpurDex aspires to establish a safe and secure environment for digital asset trading. What Is SpurDex? SpurDex is an easy-to-use cross-chain DEX platform allowing you to trade digital assets in a new manner. It utilizes smart contracts to facilitate the exchange of tokens between different chains. SpurDex wants to provide the…

Hami Network – The Next Level Launchpad for Investors and Project Owners

Hami Network, an all-in-one cryptocurrency platform, revealed its new investor-friendly launchpad helping projects gain more traction from their first day in the cryptosphere. Additionally, the project started the Seeding Round A for its HAMI token on August 19, ending on September 8. Investors can board the initiative or join the Seeding Round B on PinkSale from September 1 to September 14. This short Hami Network review looks closely at the project's new launchpad and features. Read on to learn more…

BC.Game – A Complete Casino and Sportsbook Experience

BC.Game is a crypto casino offering the widest variety of crypto deposits and withdrawals. The website features over 6,000 games, including BC Originals and house games. Most importantly, it operates as a casino and a sports book allowing users to play with crypto and fiat currencies. This BC.Game review dives deep into one of the most popular cryptocurrency casinos. Read more about its features, games, supported currencies, and payment methods! BC.Game in a Nutshell BC.Game launched in 2017 as a…

ZUNAVERSE NFT Marketplace – Discover, Collect and Sell NFTs

ZUNAVERSE is an NFT-centered platform on BNB Chain aiming to make non-fungible tokens (NFTs) more accessible to everyone. The project is developing rapidly and incorporating an NFT marketplace, a proprietary token (ZUNA), and a brand new NFT collection, the ZunaNauts. This short ZUNAVERSE review looks closely at one of the latest NFT marketplaces to enter the market. Read on to discover its many features and plans! ZUNAVERSE in a Nutshell ZUNAVERSE plans to rival the industry-leading NFT marketplace. To this…

LykaCoin – All-in-One Blockchain Ecosystem

LykaCoin is a multi-chain blockchain ecosystem similar to Polkadot and Avalanche but promising to be more competitive. Its goal is to add innovations, progressive views, and a different vision to the newly-built meta universe with the projects it will do and develop. Notably, it aims to attract them with zero gas fees and potentially unprecedented scalability. This LykaCoin review looks closer at one of the fastest developing blockchain projects in the industry. Read on to discover its features, tokenomics, and…

Decentraland – A Virtual Reality Platform Unleashing the Blockchain Potential

Since its inception, virtual reality has been a phenomenon. People have been fascinated by the idea of stepping into another world that humankind created. With Decentraland, this fascination has become a reality.  Decentraland is a popular virtual reality platform that allows users to create and experience anything they can imagine. Decentraland is also a cryptocurrency platform. Within the Decentraland ecosystem, users may buy goods, services, and real estate with the MANA token. The MANA token enables the project's founders to…

Chain Pet – A Play-to-Earn Ecosystem for an Enhanced Crypto Experience

Blockchain gaming is starting to take off, and Chain Pet is one of the games leading the charge. In this review, we'll look at Chain Pet's main features and how it sets itself apart from the competition. Chain Pet is a play-to-earn ecosystem that rewards players for their contributions. By upgrading, breeding, and combating their elves, players may construct their world. The elves obtained are all personal assets, so finding a partner is essential to help you get started. One…

LoserChick – A GameFi Crypto Platform Relying on Staking

LoserChick is a fun and addictive new game that allows players to catch and smash eggs for NFTs. In addition to providing many ways for players to earn, LoserChick also offers lower gas fees and higher transaction speeds.  Because of its relationship with Polygon, it's an excellent option for gamers seeking to spice up their day a little. This review will analyze LoserChick in detail, so be sure to check it out if you're interested in learning more. What is…

DeNations – A Global Play-to-Earn Crypto Experience

DeNations is a popular platform for gamers who want to get involved in the crypto market. Users can expand their nations, build civilizations, and earn rewards. The gaming industry is growing rapidly, and DeNations provides an excellent opportunity for gamers to get involved.  This review will analyze the main features of DeNations that appeal to crypto investors and gamers. What is DeNations? For those who like to earn prizes while having fun, DeNations can be an appealing platform. Each nation…