A "CTRL Wallet" is a multi-chain cryptocurrency wallet that allows users to manage various cryptocurrencies and NFTs across a large number of blockchains (over 2,300, including Solana, Bitcoin, Ethereum, and more).
It was formerly known as XDEFI Wallet and was rebranded to Ctrl in November 2024.
Key features of the Ctrl Wallet include:
Multi-chain support:
It aims to be a "one-stop" wallet for managing assets across many different blockchain networks.
Simplified Gas Management (Gas Tank):
Users can deposit USDC or CTRL tokens into a "Gas Tank," and the wallet will automatically handle gas fees across supported chains, removing the need to hold native tokens for each blockchain.
Unified Portfolio View:
It consolidates all your crypto assets and NFTs from different wallets and blockchains into a single dashboard.
Effortless Wallet Import:
It allows users to easily import existing wallets from various blockchains.Cross-Chain Swaps: It enables users to trade and bridge assets directly within the wallet across different blockchains.
User-Friendly Experience:
It focuses on simplifying the crypto experience, with features like social logins (email, Apple ID, social accounts) and no need for seed phrases during initial setup (though it supports importing existing wallets with seed phrases).
Security:
It has been audited and emphasizes that users retain full control over their private keys and seed phrases.
Nice explanation!
Thanks
I see. I know some information about mutli-chain wallets. But, the term "CTRL" is something that I come across before.. Thanks for the explanation
!PIZZA
Your welcome.