The wallet “supports all EVM compatible chains (Polygon, xDai, Avalanche, etc.) and Etherium layer 2’s,” and is self-custody, so you hold your private keys. This change makes Brave’s Crypto Wallets extension a legacy tool now, so you probably want to swap your assets into the inbuilt wallet ASAP. With Brave Wallet, you can buy tokens through Wyre (who also handles Ledger users’ purchasing ability), track your portfolio, send and receive tokens or NFTs, and more. That means no more relying on third-party extensions like MetaMask, one of the popular crypto storage extensions. That includes storage of your coins, storing NFTs, tracking prices, and even toying with websites that have blockchain features. You’ll no longer need to install sketchy browser extensions to hold your crypto, as the Brave browser now has a native cryptocurrency wallet that covers almost anything blockchain-related a user could want.
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