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Top features of OWNR Wallet

Published

5 years ago

June 24, 2020

Addison

OWNR Wallet was established in Estonia in 2018 and boasts a team of IT professionals with backgrounds in everything from fintech and cybersecurity to cryptocurrencies and marketing. Using their combined experience, the team has created a cryptocurrency app that allows users to access all of their coins in one place. Designed with those who are new to cryptocurrency in mind, but also perfect for traders, businesses, and developers, OWNR Wallet is easy to use and simple to manage, giving people the perfect option when it comes to cryptocurrency apps.

Here, we share some of the top features of OWNR Wallet, and why it is the right choice for you.

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OWNR Wallet does not store your private data

Unlike other apps that require a confusing combination of private and public keys, OWNR Wallet can be accessed via a seed phrase that is only stored on your device. This means that no-one else has access to your wallet unless you give them the seed phrase yourself. The seed phrase contains between 12 and 24 words which need to be entered in the correct order to access the app. It is recommended that you write your seed phrase down for safekeeping rather than store it on your device. For extra security, you can protect your seed phrase with a password of your choosing and can add a pin code, face ID, or touch ID once in the app too.

You can restore any HD wallet

When setting up your OWNR Wallet, you can restore any HD wallet that you already have, regardless of how long its seed phrase is. This means that your assets will be added to your new wallet automatically, without having to go through the process of manually uploading them all yourself. Not only does this asset autodiscovery save you time, but it also ensures that everything is accurate and up to date. This is an instant process, so you won’t have to wait around before using your OWNR Wallet for the first time.

Continuous token autodiscovery

Similar to the app’s asset autodiscovery when restoring a previous HD wallet, OWNR Wallet has a unique continuous token autodiscovery feature too. This feature means that your tokens will be updated in the app automatically, without you having to do anything. This will happen as soon as your tokens are sent, so you’ll be able to see your new balance instantly. OWNR Wallet supports both ERC 20 and Omni Layer tokens which will both benefit from this special app feature.

Forced address allocation

With OWNR Wallet, you can generate new receiving addresses as often as you like. This can even be carried out before a transaction to a current address has been completed. Generating new receiving addresses is important for keeping your transaction details secure, so this feature is great for maintaining privacy in an efficient way without being blocked by time constraints.

OWNR Wallet uses Segwit

By using Segwit, OWNR Wallet can ensure that your transactions happen quickly and require lower fees. Segwit enables transactions to happen faster through making the Bitcoin blockchain lighter, which allows more transactions to be processed, and this higher transaction speed means that fees can be lower. Transaction fees can be high, so this is certainly a welcome feature for many, and an important benefit when it comes to choosing OWNR Wallet.

Receive balance updates

A simple but handy feature boasted by OWNR Wallet is that you’ll receive frequent balance updates. You’ll be notified about your balance update as soon as an incoming transaction reaches mempool, which means that you’ll never be left wondering about if a transaction has been completed and what your balance is following this. Your cryptocurrency balances can also be checked in the app at any time, and you can select which fiat currency is displayed so that all information is suited to your needs.

Buy and sell cryptocurrency using SEPA

SEPA (Single Euro Payments Area) enables trustworthy transactions to be made between EU countries as if they were domestic transactions. OWNR Wallet has a feature that allows you to buy and sell cryptocurrency using this method, which is ideal if you’re based within the European Union.

24/7 customer support of Ownr wallet

When you choose OWNR Wallet, you’ll benefit from 24/7 customer support which can be accessed through the app. This means that whatever time you happen to be managing your assets, there will be someone on hand should you encounter a problem. Above all, this feature means that you can use OWNR Wallet with complete peace of mind.

Now that you know the top features of the OWNR Wallet, head to and download this cryptocurrency app for yourself today.