The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition. The device supports over 10,000 cryptocurrencies with wallet.io and multi-signature functionality with over 40 public chains.
The well known cryptocurrency exchange, Gate.io, has announced the launch of the S1 hardware wallet that supports multi-signature functionality and a unique way to keep funds secure. The S1 device is different because it comes with fingerprint recognition located on the in-built display. Gate.io’s CMO, Marie Tatibouet, detailed that the fingerprint creates an exclusive and unique password for every S1 owner.
“The private key is locked in the hardware itself, safely away from the internet, and it makes it more convenient in signature signing when the user makes a daily use transfer,” Tatibouet explained during the announcement.
The company claims all the owner needs is a computer or smartphone and then they can authorize a transfer