Renowned cryptocurrency exchange, Gate.io, has revealed a pocket-sized wallet solution for cryptocurrency holders concerned over the safety of their assets.
Within a recent official update, the firm revealed the launch of a new hardware wallet device, referred to as the Wallet S1, initially for the China market.
While describing the device as a “professional” hardware wallet, the firm revealed that the S1 remains simple to use, and offers a built-in display with fingerprint recognition.
S1 users are able to synchronize the device to a laptop or Android smartphone and further use its fingerprint recognition feature to authorize transactions.
It is primarily the “first hardware wallet with a world-leading fingerprint recognition algorithm which may auto initialize when detecting brute-force attack,” Marie Tatibouet, Gate.io’s CMO, revealed within the announcement.
For pro investors or enterprises with larger stores of cryptocurrency assets, the device is often linked to a GateChain Vault address, further boosting security, the firm added.
Priced at around $50 USD, with sales expected to expand to countries outside China within the upcoming 3 to 4 months, the firm added.