After the FTX debacle, everyone got a crash course in self-custody wallets. But not all are created equal. The Core wallet comes from the Avalanche ecosystem and offers full Bitcoin, Ethereum, and EVM chain support in addition to Bitcoin and Ethereum bridges. This is just the beginning of Core's holistic approach to blending traditional tokens with a seamless Web3 experience.
Three core aspects
MetaMask has gained popularity by relying on the convenience of a browser extension. As such, it puts DeFi’s dApps at your fingertips, with just a few clicks, just like browsing the internet normally. But the experience isn’t complete unless all bases are covered.
That’s why Core takes a three-step approach to access DeFi and view portfolios, these valuable online treasures:
Core web: For users who want the broadest understanding of their assets, including NFTs, access to dApps, Web3 educational content, and developer tools, start here. Core web is an all-in-one Web3 command center that abstracts away typical roadblocks. The best part? Core web connects all your wallets, allowing you to seamlessly swap, send, and receive crypto and NFTs, along with a beautiful dashboard view of your portfolio. However, to access additional features, such as Avalanche Bridge (where you can bridge Bitcoin for BTC.b and Ethereum for WETH.e on the Avalanche network), users are encouraged to download the Core wallet on a mobile device or the Chrome extension.
Core Extension: Going beyond a regular self-custody wallet, this browser extension also boasts a built-in blockchain explorer and bridge. It uses native ERC-20 and BTC bridges as well as bridged assets across Avalanche subnets. Likewise, the Core extension allows for direct token swaps thanks to ParaSwap integration. Users can purchase AVAX directly from Core, via credit card through MoonPay, or using their Coinbase account. Without having to switch networks every time you change chains, Core makes it easier to transact across multiple chains, setting a new standard for transaction signing UX. Unlike other browser extensions that are only EVM-compatible, Core is Bitcoin-compatible so you can HODL and participate in DeFi at the same time. Finally, in addition to creating multiple addresses under the same seed/recovery phrase, the Core extension can also plug into Ledger hardware wallets.
Core mobile: What would a Web3 wallet be without a smartphone app? Core is available on both Android and iOS, offering the same functionality as the Core extension. Track price action with Core’s watchlists, send and receive NFTs and Avalanche Bridge on the go. Additionally, Core mobile integrates WalletConnect for easy access to dApps.
The core is bridging
Avalanche Bridge, available exclusively from Core, is a cross-chain solution that enables seamless asset transfers between blockchain networks, such as Ethereum for WETH.e and Bitcoin for BTC.b. Its user experience features, such as post-trade processes, allow users to track every moment of the transfer process.
Advantages of the bridge compared to Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH) include:
Seamless Bridging: Compared to WBTC and WETH, Avalanche Bridge provides a more efficient and cost-effective solution for token transfers between networks.
Very low cost: Users can build a bridge between Bitcoin and Avalanche at low cost, making it attractive for earning yield through DeFi on holding BTC.
Enhanced Liquidity: BTC.b on Avalanche eliminates fragmented liquidity, enabling users to interact with dApps and easily convert BTC.b back to native Bitcoin.
Avalanche Bridge facilitates asset transfers between different blockchain networks, promoting cross-chain collaboration and interoperability.
Core and Avalanche subnets
In addition to Avalanche Bridge transfers, the Core wallet is the only product that supports Avalanche subnets. Subnets are application-specific blockchains that exist in parallel to the Avalanche C-chain, each with its own set of validators, transaction fees, and governance rules.
Avalanche's horizontally scalable architecture creates an enterprise-class network that combines high performance with ultra-low costs.
By natively supporting Avalanche subnets, Core can interact with each subnet and perform transactions without the need for additional software or third-party integration. Overall, this makes Core highly flexible, with unparalleled (pun intended) interoperability with dApps in the Avalanche ecosystem.
Finally, Core comes pre-loaded with subnets. This is an extra layer of convenience as users do not have to manually configure connections. As a result, the Core wallet provides easy access to DeFi protocols, effectively breaking down barriers to entry and increasing adoption of Avalanche subnets.
Core: Next-generation Web3 wallet
Navigating the decentralized complexity of Web3 can be tiresome and tiresome. It’s certainly not something that’s ready for mass adoption yet.
Core meets this need by allowing users to focus on what they want to do, rather than how and where to do it. Computer enthusiasts from the 90s may have known this feeling. With this user empathy in mind, Core unifies and optimizes the journey to Web3.
As consumers become increasingly reluctant to share personal data, crypto wallets become the gateway to sovereign ownership of identity. Core is the next-generation digital operating system, leading decentralized technology in finance, DeFi, art, and more, from governments to businesses. The best part about Core web is that it is compatible with all crypto wallets. For users who are ready to take control of their assets and unlock the full potential of the platform, create a wallet with Core mobile or extension. Whether you are a crypto enthusiast, NFT collector, or a beginner, Core has you covered.
To get started with Core, simply visit Core.app and link your preferred wallet. If you need a wallet, you can download Core from the Apple App Store, Google Play Store, or Chrome Web Store.