According to the company, “Unlike most crypto wallets, the Brave Wallet does not require extensions; it’s browser-native, reducing security risks and reliance on extra CPU and memory. Users can transact with almost any crypto asset with superior safety and performance, as well as connect with other wallets and Web3 DApps.” The company also states that it will soon be available on its mobile app.
For those unfamiliar, a wallet is where users can store their cryptocurrencies. Usually when you buy a crypto on an exchange, you are using a wallet provided by the exchange. One of the reasons why you might choose to use your own wallet over the exchange’s is for security, where some might prefer having greater control over their crypto.
It also makes it easier for users to move their crypto around, such as to another exchange. According to Brave, using the browser’s built-in wallet will allow users to see live and historical market graphs, find best price matches, send and receive assets, manage their portfolio, interact with DApps, and more.