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This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
Do you have ideas or suggestions for changes? Then we look forward to your feedback! We make every effort to keep all metrics and information as up-to-date as possible. However, if you discover an error or outdated information, we would be delighted to hear from you.
Feel free to write to us:
A wallet that is “open source” makes its software code public (e.g. on Github). Either the entire program code or at least significant parts of it are publicly accessible. This has the advantage that many parties can review the code and security gaps or other vulnerabilities are discovered and improved more quickly.
The so-called "private key" is a unique sequence of numbers and characters and the private key that gives you direct access to and control over your cryptocurrencies. The private key is used to sign transactions. In simple terms, it can be seen as a digital fingerprint that proves that you are the owner of the cryptocurrencies. If you store your cryptocurrencies on so-called "custodial wallets" (e.g. crypto exchanges), you are not the owner of your private keys.
The anonymity of “non-custodial wallets” is generally relatively high. However, there are differences between providers when it comes to collecting and storing user data. There can also be differences in the ordering process for hardware wallets as to which user data is stored and for what period of time
The so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.
The so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
Some wallets offer an integrated trading function within the wallet to buy and sell cryptocurrencies directly. This functionality is usually made possible by a connection to the web interface of an exchange. The integrated trading function in wallets offers enormous advantages: cryptocurrencies can be bought in the same place where they are to be stored. The manual transfer of cryptocurrencies from an exchange to your own wallet is therefore no longer necessary, which can save time and money.
Multisignature wallets or multisig wallets are wallets that require at least two private keys to sign a transaction. This additional process makes it possible to greatly increase security against unwanted access, for example through personal threats. This security mechanism is particularly useful when storing particularly high assets.
If the hardware wallet or the device with the corresponding software wallet is lost or damaged, there is no need to panic. As long as you have your private key or recovery seed (also called “seed phrase”) in your possession, you can restore your wallet at any time. The recovery seed is a combination of 12-24 words and is the most common backup method for wallets. Important: Keep your recovery words and private keys secret and never share them with other people!
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The Infinity Wallet stands out with having one of the most slickest and straightforward user interfaces on the market. The Infinity Wallet provides a rich feature set as well as seamless integration with Web3 dApps. With that said, this particular wallet is quite unknown while also having an anonymous team behind it. We believe software wallets should be held to a higher standard than hardware wallet providers. Software wallets store your private keys/seeds and are connected to the internet, which can be a potential target for hackers. While the wallet stands out with its features and design, we still recommend users to go with wallets that have proven track records over several years and have a public team.
Infinity Wallet
Overview
Quick Facts
Launched in 2020, Infinity Wallet provides a well designed and user-friendly user interface for managing, sending, and receiving crypto assets. The wallet connects seamlessly with Web3 applications and offers NFT support.
Informations
Pro's & Con's
- Beautiful design
- Very simple operation
- Access to Web3 applications
- In-app crypto news
- Relatively new to the market
- Unknown company behind the wallet
- No mobile app (labeled as "coming soon")
- Not open source
Infinity Wallet
Hardware
Offer and features of
Infinity Wallet
Functionality
Unique Features
- Integration of apps
Platforms
Our
Infinity Wallet
Review
Test Result
Conclusion
The Infinity Wallet stands out with having one of the most slickest and straightforward user interfaces on the market. The Infinity Wallet provides a rich feature set as well as seamless integration with Web3 dApps. With that said, this particular wallet is quite unknown while also having an anonymous team behind it. We believe software wallets should be held to a higher standard than hardware wallet providers. Software wallets store your private keys/seeds and are connected to the internet, which can be a potential target for hackers. While the wallet stands out with its features and design, we still recommend users to go with wallets that have proven track records over several years and have a public team.
Customer Reviews
/ 5 average rating from -- reviews
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Share your experience! Your review can help others make informed decisions. Let us know what worked well and what could be improved. Your feedback is valuable and will contribute to our community’s knowledge.
Infinity Wallet
User Reviews
The Infinity Wallet is known for being user friendly. People like how it is laid out and easy to move round in. But sometimes it's slow when the network is busy.
The easy-to-use Infinity Wallet is perfect for handling all your staking and DeFi pairing needs. It is highly rated by users who appreciate its built-in DeFi access and staking facilities, as well as its usability. That said, they do want more functions. Examples include integrating a hardware wallet that they already trust.
A few users say Infinity Wallet doesn't have some altcoins they prefer. Even though the wallet has many coins today, users want newer coins to be supported.
The Infinity wallet provides a secure environment through two-factor authentication, this feature which is widely used in securing online transactions. This secure environment also includes banking level AES256 encryption for private keys. Nonetheless, Some users express their thoughts on the matter given that the company is not as transparent as expected. Other concerns refer to topics such as security protocols being strong enough or weakly implemented without best practice being followed by all parties – from customer support teams to data centers; some believe that one day someone will break into their systems simply because a hacker managed to exploit a flaw in one line of code.
The Infinity Wallet is beginner-friendly, generally, but people find its range of functions overwhelming at first. However, users report that they gain confidence as they gain experience with the app, and many seem to form a favorable impression of this very versatile wallet.
The Infinity Wallet support team gets good and bad reviews. One group like the fast and smart help and find the team good, but others are upset about repeated or slow problems and late services.
Overall, mixed feelings from their user base, due to the easy of use and the various coins it supports, it was mostly well received. Some complaints about the support being sub-par, with many concerns related to security and transparency. It appears as though this has not affected the general satisfaction of users. This makes us believe that Infinity Wallet is a solid choice for anyone looking into cryptocurrencies.
About
Infinity Wallet
Infinity Wallet
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
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