It costs nothing to use Brave Wallet or Brave Browser. However, this is not the case with Brave Wallet, as the wallet holder is in charge of their own private keys. The majority of wallets keep users’ assets on their proprietary platform, making them susceptible to phishing scams. This results in the wallet owner revealing their private key or seed phrase, which gives the hacker access to the account’s funds. The hacker can then lead the user to a website that closely resembles the interface of their wallet. Malicious attacks happen when a bad actor successfully obtains the user’s login information. In fact, phishing attacks in the crypto space have risen by 61%. Phishing attempts are frequent as users can access most web-based wallets through internet platforms. Benefits and limitations of Brave Wallet Advantagesīelow are three notable advantages of the Brave Wallet. On blockchain networks like Ethereum, Solana, Filecoin, and others, users can buy, send, store, and exchange thousands of assets (and NFTs) without any hassle. Users can import a wallet from Trezor and Ledger, MetaMask and self-custody wallets, Brave’s legacy Crypto Wallets plugin, and more. Users can interact with DApps for any EVM-compatible network (Polygon, Avalanche, and others).

One of the main functions of the wallet is to serve as a kind of aggregator for consumers who wish to make fast transactions on a single platform. The wallet comes with a price matching mechanism that helps users to trade assets for the best price possible. The following is a non-exhaustive list of some of the top features the Brave Wallet has to offer users: Sponsored Unique features of Brave Wallet

Brave browser sync wallet