Author: Nick Jing
Contact: Nick Jing [Email: nick.jing@hyperpay.tech]
HyperPay is leaving its competitors in the dust with the sheer number of tokens it supports on both its on-chain and off-chain wallets.
HyperPay understands that diversification is key for its users, which is why they are pouring significant resources into supporting as many tokens as they can. The wallet currently has on-chain and off-chain functionality and developers are hard at work on boosting token support on each.
The off-chain wallet
HyperPay’s off-chain wallet currently supports 111 tokens (17 mainnets). Most other wallets only support around 20–50.
Of the 111 tokens, 80% are top 100 coins (by market cap). HyperPay Chief Executive Officer Jacob Cheng says that the wallet will support all 100 of the top coins, as listed by CoinMarketCap.com, in the very near future.
“We’re betting that mobile payments will explode in the very near future and that digital assets will be at the forefront of this explosion. By supporting more coins, we give ourselves a better chance of being in the right place at the right time when things start to really take off”, Cheng said.
HyperPay also supports a number of exclusive coins that can’t be held anywhere else (other than a paper wallet). In fact, some cryptocurrency developers trust HyperPay so much that they have decided to use HyperPay as their official wallet rather than developing one on their own.
The on-chain wallet
HyperPay’s on-chain wallet is a bit newer than their off-chain wallet, but it is also on its way to having an unparalleled selection of supported tokens. It currently offers support for all ERC-20 tokens meanwhile adding BTC on-chain function to support the BTC on-chain/off-chain transaction. Keeping private key on user’s hand, ensuring a safer management with more options.
What’s most impressive about how this wallet came together is the speed at which they were able to get their ERC-20 support up and running. It took their developers only 3 months to build it from the ground up, whereas other wallets with similar functionality took years.
That should say something about where this wallet is headed.
“We have a team of excellent developers who work hard toward a common vision. I’m really proud of the way they stay focused and keep their eyes on the prize”, HyperPay Chief Technology Officer Gary Nan said.
Other functionality
It’s not just token support that sets HyperPay apart functionality-wise. Their off-chain wallet also offers several other pieces of tech that are truly best-in-class.
Their market ticker gives real-time coin prices as listed on each major exchange, in addition to the average. Most other wallets just give the average.
Users also have three options to invest their coins directly within the app for the potential to earn returns (and another option is on the way).
HyperPay also plans to launch both Visa and MasterCard credit cards, which will accept mainstream cryptocurrency as their payment methods.
“Although the mobile payment technology has surpassed card technology at breakneck pace, the microchip-integrated card products and merchant point-of -sale services are still convenient options for some beginners”, Cheng said.
Bottom line
In the ever-evolving world of cryptocurrency, today’s ground-breaking new piece of functionality is tomorrow’s old news. That’s why HyperPay is hard at work consistently developing new features that users want.
Users who want to try out the app now can download the iOS and Android apps directly from the App Store and HyperPay site . The HyperPay team is also looking to list the app on Google Play.
About HyperPay
HyperPay is a Melta-based company founded in 2017 as an offshoot of the digital agency Legend. Founders Jacob Cheng and Gary Nan first launched the product in Asia since that is the market they were most familiar with. Now that they are 880,000 users strong (mostly in Korea and China), they have decided it is time to tackle the English-speaking world.
