About Torus Wallet
Torus Wallet is a fast, simple interface for retail and mobile businesses.
How does Torus Wallet work?
Torus Wallet splits a user’s private keys across a network of nodes, and allows a user to retrieve this using natural login mechanisms like social authentication.
You don't have to pay anything to use Torus Wallet. We monetise primarily through fees paid by developers for using Torus Wallet beyond the free tier. However, as with every transaction carried out on the Вlосkchain, you need to pay transaction fees whilst making transactions from your wallet.
Torus Wallet is a software service that simplifies and facilitates the use of cryptocurrencies. Different countries have different legalities pertaining to the use of cryptocurrencies, with most countries accepting its use. You can find out if cryptocurrencies are legal in your country here.
Torus Wallet relieves you from the hassle of the complicated process of setting up a new blockchain wallet needed to start using a DApp.
With DeFi wallets, there is no need to complete KYC or provide any background information. While there are largely no fiat onramps when using DeFi wallets, they come with the flexibility of integrate across a wide variety of applications in the DeFi ecosystem, rather than being fragmented to only one exchange like most legacy wallets.
What's new in the latest 1.0.0
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