The Ultimate Crypto Wallet?? BEST Smart Contract Wallets to Use

Smart contract wallets, enabled by account abstraction, promises to vastly improve the onchain web3 experience. Here are the few smart contract wallets you can check out today.

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Account Abstraction Explained 👉 https://youtu.be/0eq6_427us8

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Read more 📋
How Do Account Abstraction Wallets Work?
👉 https://www.coingecko.com/learn/account-abstraction-crypto

Links 🔗
Argent: https://www.argent.xyz/
Plene Finance: https://www.plena.finance/
Ambire: https://www.ambire.com/
Avocado: https://avocado.instadapp.io/login?redirectTo=%2F
Safe: https://safe.global
Sequence: https://sequence.xyz/wallet
—
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GeckoTerminal: https://www.geckoterminal.com/

Timestamps:
00:00 Intro
00:38 Wallet #1
01:38 Wallet #2
02:23 Wallet #3
03:27 Wallet #4
04:35 Wallet #5
05:36 Wallet #6
06:40 Outro

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#argent #plene #ambire #avocado #safe #sequence #cryptowallet #hotwallet #accountabstraction #bitcoin #bitcoinetf #etf #cryptocurrency #crypto #blockchain #coingecko

In this video, we will talk about some   of the smart contract wallets  that you can check out today. You’re probably familiar with how cumbersome  the web3 experience is today – approving and   confirming transactions, needing  different tokens to pay gas fees   on different blockchains, long and  difficult-to-read wallet addresses,  

And not to mention possibly losing all  your funds if you lose your seed phrase. Well, smart contract wallets promise to  make these problems a thing of the past. If you need a refresher on account abstraction,  which enables smart contract wallets,   check out our explainer video on it  here before continuing on this one! 

First up, we have Argent, a smart contract  wallet that works with Starknet and zkSync. Argent provides users with readable  addresses through Starknet ID,   as well as a unique third-party recovery  factor through their Guardians program. Instead of relying on a seed  phrase, users may assign 1 or  

More wallet addresses as their “guardian”  to help recover their wallet in the case   of losing wallet access. If more than  one “guardian” is assigned to a wallet,   users will need a majority vote from  trusted wallets to approve a recovery. Another neat feature from  Argent is batched transactions,  

Which allows users to save gas  fees and time in the process. For example, when providing  liquidity on Uniswap pools,   one would usually have to pay gas fees  and wait for 3 different transactions   to be confirmed. By batching all three  transactions into one, the user will just  

Have to pay gas fees and wait for one single  transaction that accomplishes everything.  Next up, we have Plena Finance  for mobile wallet users. It currently supports major EVM chains such  as Polygon, BSC, Avalanche, and Fantom. To enable wallet recovery without a  seed phrase, users can create their  

Smart wallet using a third-party login  such as Google, Facebook, or Twitter. Plena’s free Plena Naming Service allows  users to chat with and receive funds from   other Plena users using only .plena  names, removing the need for the long,   confusing ‘0x’ wallet addresses  that we are all so familiar with.

It also features batch transactions, flexibility  in tokens used for paying gas and ability to   pre-approve transactions on selected dApps  for frequent or recurring transactions.  Up next, we have Ambire. Ambire allows users to   create smart contract wallets from an email  address, existing Web3 wallets like Metamask,  

Or even hardware wallets like Trezor and Ledger. With the email option, users can recover their   access to the wallet without  the need of a seed phrase.  The wallet currently supports over  10 EVM networks, including Ethereum,   Avalanche, Polygon, Arbitrum and Optimism. Furthermore, its Gas Tank feature enables users  

The flexibility to pay gas fees in any ERC-20  token on any supported blockchain. This means   that a user can deposit USDC on Optimism  and use it to pay for gas on Ethereum.  Users who want more security for their wallet  can also enable two-factor authentication and  

Add a separate hardware wallet as a  signer key to verify transactions.  Ambire is available as a web-based  wallet on browsers, as well as a   mobile app on App Store and Google Play. Coming up, we have Avocado by Instadapp. Avocado is quite different to other  smart contract wallets featured on  

This list as it also features  network and gas abstraction. When using a wallet such as MetaMask,  users will have to switch between different   networks when they are performing  actions across different networks. With network abstraction, Avocado users would  simply have to connect their pre-existing  

Wallet like MetaMask to the Avocado network  via WalletConnect, and not only will they   see their balances across different networks, but  perform transactions without switching networks. Besides that, Avocado also acts as a “gas  station” where users will only need to use   USDC as the gas token to transact on  every network supported by Avocado.

Avocado is looking to add more features in  the future to further improve user experience,   such as batching smart contract actions,  social recovery, and gasless experience. Aside from Ethereum, Avocado currently supports  a wide range of EVM blockchains and Ethereum L2s.  There’s also a wallet that  is made for organizations,  

Safe, also known previously as Gnosis Safe. Safe is a multi-signature wallet that runs  on over 12 networks, including Ethereum,   Polygon, Arbitrum, and Optimism. It  is used by major players like Aave,   Polygon, Stripe, and even Vitalik Buterin. Organizations can create smart contract  wallets owned by multiple owners to  

Ensure there is no single point  of failure as every transaction   from the multi-sig wallet will require  confirmations from the majority of owners. Safe also has a host of other features. For one,   it provides the option to customize an existing  wallet’s ownership by adding or removing owners.

Safe also supports batched transactions, and allows its owners to set specific spending   limits for any individual involved with the  wallet, and even set a one-time allowance or   a spending allowance that will automatically  refill after a defined time-period.  Finally, there’s a wallet built  for Web3 gaming, Sequence. 

Sequence allows users to sign in using  email, Google, Facebook and more. It   supports 9 EVM networks such as Ethereum,  Polygon, Optimism, Arbitrum and Base.  The wallet enables users to pay gas  on any supported networks using ETH,   WETH, MATIC, USDC and DAI. Besides that, Sequence has  

Good support for various types of NFTs.  The wallet also displays the artwork and   metadata of NFTs stored in it, which  could come in handy for Web3 gamers.  Game or dApp developers can sponsor transactions  with Sequence so that their users won’t need to  

Pay gas. Therefore, if your favorite Web3 game  happens to sponsor your transaction via Sequence,   using this wallet might save you a couple bucks. The wallet is available to users through their   Web wallet and browser extension for Google  Chrome. They don’t have a mobile app but  

Sequence has mentioned that the web wallet  works perfectly with mobile web browsers. That will be it for today’s list, but  there are also many other projects   working on smart contract wallets that we  couldn’t cover in this video such as Beam,   and Obvious, which we’ll have  to save for another time.

Do you want to learn more about how account  abstraction works? Be sure to watch our video   to understand how this could be the  key to mainstream crypto adoption!