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Blockchain [Web3] Digital Wealth Hub
June 7, 2025 at 10:44 PM
Peniwallet on the other hand is a non-custodial cryptocurrency wallet designed for user convenience, security, and efficient token distribution, particularly for social giveaways.
Below is a detailed explanation of its key features based on available information:
• Non-Custodial Wallet:
Users have full control over their private keys and seed phrases, which are securely encrypted on their device. This ensures complete ownership of funds without reliance on third parties.
A unique security feature tracks the number of times a seed phrase is accessed, alerting users to potential unauthorized access if the count increases unexpectedly.
• Spray Feature:
Allows users to send tokens to multiple wallet addresses in a single transaction, ideal for airdrops, giveaways, or large-scale token distribution. This reduces transaction fees, saves time, and minimizes errors compared to manual, one-at-a-time transfers.
The "Spray Party" feature lets users create a distribution event, set details, and share an invite code for participants to join, streamlining mass token distribution. The feature supports an unlimited number of recipients, far exceeding the initial 100,000-person limit.
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Integrated Token Swapping:
Users can swap BNB and BEP-20 tokens directly within Peniwallet via integration with PancakeSwap, eliminating the need to connect to external exchanges or DApps. This reduces security risks like phishing and simplifies trading.
The swap feature is embedded in the wallet, allowing users to add token contracts for seamless swapping. Recent updates have fixed major swap errors, improved transaction details, and enhanced performance.
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User-Friendly Interface:
Features a chat-like interface to monitor transactions, displaying interactions with wallet addresses in a conversational format for easy tracking of transfers and activity logs.
Simplifies transactions by allowing users to add tokens by name (instead of copying contract addresses) and save recently used wallet addresses to an address book.
Supports intuitive token sending with password or biometric authentication and easy receiving via shareable wallet addresses or QR codes.
Offers multilingual support, including nine languages such as Japanese, enhancing accessibility.
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Gasless Transactions:
No need for BNB to cover gas fees; transaction fees are deducted directly from the tokens being sent, making the process more convenient.
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Fee Sharing for Project Developers:
Project owners can connect their wallets to the Peniwallet website to withdraw fees earned from sprays, swaps, and token transfers. They can also upload project logos and details to enhance visibility.
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Offline Wallet Creation:
Users can create a wallet without an internet connection, improving security and accessibility in low-connectivity environments. This was a key redesign to address delays in development.
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Card Payment Integration:
Supports card payments in over 30 fiat currencies across 160+ countries, allowing users to buy crypto directly within the wallet despite regional banking restrictions on crypto transactions.
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Current and Planned Blockchain Support:
Currently operates on the BNB Chain, supporting BNB and BEP-20 tokens, leveraging low fees and wide adoption.
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Future plans include support for EVM-compatible chains (Ethereum, Polygon, Avalanche, Fantom) and non-EVM chains (Solana, TON), enabling multi-chain asset management.
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Community and Ecosystem Integration:
Integrated with the SMC DAO ecosystem and Wiki Cat (WKC), supporting community engagement and token-based initiatives.
Peniremit, a related feature, allows users to pay bills (e.g., airtime, data, electricity, cable) using USDT or Wiki Cat without needing to sell their tokens.
These features position Peniwallet as a versatile, secure, and efficient tool for crypto users, with a strong focus on social giveaways and community-driven initiatives. Its roadmap suggests continued expansion to support diverse blockchains and enhance user experience. For the latest updates, check official sources like www.peniwallet.com or @peniwallet
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