D’CENT Wallet, creator of the world’s first biometric hardware wallet, just launched GasPass, a new built-in feature that eliminates the need for gas fees on crypto transactions. The upgrade aligns with D’CENT’s mission of making digital asset management easier for everyone.
In this article, we explore the benefits of the D’CENT Wallet GasPass, how the feature works, and provide more details about the South Korean crypto wallet provider. Let’s get started.
Most major blockchains require some form of network fee for processing and securing transactions. If you’ve spent time in Web3 and participated in on-chain activities, you’ve probably run into these hurdles:
GasPass is D’CENT Wallet’s sponsored gas fee service, which automatically processes token transfers, crypto swaps, and other on-chain transactions. Through the new gas-free feature, D’CENT USERS will no longer worry about failed transactions, gas fee volatility, or managing multiple gas tokens.
A few other crypto wallets cover gas fees for their users, but they’re usually limited or temporary. With D’CENT Wallet, users won’t need to pay any network fees as long as they hold GasPass.
Currently, the D’CENT Wallet GasPass supports three major blockchain networks: Ethereum, Base, and Solana. The hardware wallet provider has already planned to expand to other networks in the future.
D’CENT’s GasPass uses a structured sponsorship model. As long as you have the GasPass on your wallet, you can complete smart contract-based transactions with zero gas fees, as D’CENT pays the network fees on your behalf. Additionally, GasPass’s use isn’t limited to token transfers. The feature is compatible with all on-chain activities on supported networks. Thus, GasPass can also be used for crypto swaps on decentralized exchanges, as well as NFT purchases and other on-chain activities. To activate GasPass, users must register the coupon on their wallets through the D’CENT Wallet mobile app. After entering the voucher code and registering for GasPass, the gas coupon will automatically be applied to cover network fees when making on-chain transactions.How Does the D’CENT Wallet GasPass Work?
According to Sangsu Baek, the CEO of IoTrust, gas fees are preventing users from confidently engaging on the blockchain. D’CENT Wallet’s goal is to make Web3 as accessible as Web2, ensuring that anyone can manage their digital assets with ease.
With GasPass, D’CENT aims to address the common problems associated with gas fees, while also expanding its gas-free solution to other major networks. Along with other upgrades from D’CENT Wallet, including updates to its portfolio dashboard and Web3 accessibility, GasPass reinforces the hardware wallet company’s vision of delivering a beginner-friendly wallet that also features powerful tools for experienced users.
Founded by the leading South Korean blockchain firm IoTrust, D’CENT Wallet has been at the forefront of crypto wallet innovation since 2018. It created the world’s first biometric wallet, which could approve transactions through a secure fingerprint scanner.
As a cold storage wallet, D’CENT Wallet is equipped with a CC EAL5+ certified secure chip, the industry standard in crypto security. To date, the wallet supports over 80 blockchains and more than 4,600 cryptocurrencies.
D’CENT Wallet is also known for the following:
GasPass is the latest D’CENT Wallet upgrade, designed to enhance the user experience in Web3. With the new feature, users unlock gas-free crypto transfers, token swaps, NFT purchases, and more blockchain-based activities.
Try D’CENT Wallet today and avail of the GasPass coupon to enjoy more confident and efficient Web3 transactions. Supported chains include Ethereum, Base, and Solana, with additional networks to be added later on.
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