ENNO WALLET: THE MOST SECURED DIGITAL WALLET WITH AN EXCITING INTERFACE

4 min readSep 24, 2021

The financial market has experienced a huge development since the introduction of cryptocurrency and the adoption of blockchain technology into the digital market. The traditional banking system was becoming too rigid and slow. Coupled with the financial controls and interference by third parties, it was evident that something dynamic was needed. Cryptocurrency took off in 2009 with Bitcoin leading the line as it aimed to solve the problems encountered with the traditional banking system.

Cryptocurrency has gained more popularity in recent years and has been adopted for trading and transaction processing by companies and individuals. There has been a significant increase in the number of coins available in the market and more are still coming. There had to be a means of getting them all together and making it easier to either swap, store, or trade these tokens that are made available. This gave rise to the idea of having an E-wallet which would serve as a Trust Wallet for the tokens.

Enno Wallet is an E-wallet that helps you swap, trade, and exchange cryptocurrencies with ease, swap fiat currencies to crypto and vice versa, enable foreign exchange features, and send and receive digital assets without stress.

HOW IT WORKS

Enno wallet is a wallet that helps you store and manage digital assets. It is a decentralized wallet running on Blockchain technology that enables users to perform digital transactions in a safe and transparent manner. The Enno wallet gives full administrative rights to the owner and provides maximum security for the digital assets. It provides the user with a private security key that allows the user alone to have access to the wallet. Apart from this primary security function of the wallet, Enno wallet also has other amazing features which make it stand above the rest, like staking, Algorithmic Stable Coins, forex trading, etc.

Features of the Enno Wallet

Security of Digital Assets
This should be the most important feature available in the Enno wallet. It comes with a private key or mnemonic phrase which is peculiar to each user and serves as a lock for digital assets. The KYC feature also reduces the chances of hacking because some form of identification will be needed, especially for swapping.

Staking out

This is an Anti-Dump mechanism which provides huge rewards to holders who can stake their token for a given period of time. With the increasing number of tokens available, people tend to dispose of the tokens they have either by trading or swapping them. The Enno wallet provides huge benefits for this feature.

Swapping

The Enno wallet enables users to swap fiat currencies for crypto and vice versa. It adopts the KYC (Know Your Customer) method, which helps validate the identity of the parties involved. Swapping is common in the crypto world, and the Enno wallet enables you to swap currencies with ease.

Coins with Algorithmic Stability

With a whole number of tokens available, investing in stable coins is most important. This coin is tied to the US Dollar and other fiat currencies, thereby making it valuable.

Features of Foreign Exchange

Enno Wallet introduces Decentralized ForEx (DeFo) which is used to swap stable assets and engage in other Forex activities.

Token Specifics

The native token for transactions on Enno Wallet is the Enno Cash token. It is an ERC-20 token based on the Ethereum Blockchain. It is distributed to users of the Enno wallet as loyalty funds. This token can also be earned from distribution of tokens from total transactions done on the Enno Wallet platform.

Token Name: Enno Cash

Token Ticker: "ENNO"

Total quantity: 10 million.

5 years vesting period

Ethereum (ERC20) token network

FINAL REMARKS

The idea of having an application for the management of digital assets gave rise to the Enno Wallet, and it has proven to be a trust wallet for all kinds of digital assets. Enno Wallet gives you a platform for easy trading and swapping of tokens, and it goes ahead to enable foreign exchange features. The major aim of having a wallet is to ensure the safety of digital assets, and with Enno Wallet, security is assured.