“A portal where money gets a new meaning. For this world and all the other world” is an intriguing statement displaying on xPortal website and in today’s review, we will be looking at xPortal which happens to be a digital currency wallet and global payments mobile app.
In this xPortal Review, you will get detailed information on what this platform offers and also how to get started with this App.
The platform is working to become an easy-to-use portal for Web3 apps and metaverse experience, it also includes a feature designed to seamlessly integrate digital finance, money and cryptocurrencies, end-to-end encrypted messaging and AI avatars.
Contents
About xPortal || xPortal App Review
So this is a non-custodial digital wallet and global payment app that is offered by MultiversX labs and launched in February 2023. The App hopes to become the most secured digital wallet where everyone can use and feel convenient.
xPortal is referred as a “Web3 super app and the ultimate gateway to the metaverse” by MultiversX. But is this App worth all the hype?
In simple parlance, xPortal is a App where users can exchange and securely manage crypto on their mobile phones. So if you are a fan of Crypto and what to invest in it, then this App might be an option but before that, let’s see the features.
What are the Features of xPortal
- Market: Users can be able to visualize the variations of certain market main indicators and variations of market capital related to the biggest cryptocurrencies right now. This feature can be found in within the “Track” – “Market” tab.
- Watchlist: With this, you can keep track of the cryptocurrency you are interested in. You can have lots of tokens on your watchlist to enable you know about them.
- Play and Earn: Are you interested in winning XP? All you do is go to the Play section and complete as many quest as possible. There are several challenges with certain prizes on the leaderboard.
- Social: This is a new development that enables you interact with your friends within the App. You can chat with friends, explore updates on the Feed, share NFTs and also send tokens directly through message.
- xPortal Avatar: Create your first AI generated 3D avatar. Take some selfies, then choose your character style and the background setup. Write your own story on how the avatar should look like and let the AI do the work.
- Insider: This informs you of the latest news in the blockchain space and the most important news related to multiversX.
- Swaps ESDT Tokens: You can easily swap your eStandard Digital Token (ESDT) – this is a standard token of the MultiversX blockchain platform. You don’t need to connect to xExchange to be able to do this, all you do is press Swap on the Home Screen and select the coins you want to exchange.
- Crypto Brokerage: Users can buy and sell their cryptocurrency straight from the app through partnerships with third-party payment processors such as Moonpay.
How to Get Started with xPortal – xPortal Registration
I will be showing the steps involved in using this App and they are quite simple if you follow the process.
Step 1 – App Download and Installation
You can find this App on Google Play store and download it there or even through their website. If you don’t like these two options, you can use the third option which is for you to scan a QR code on your phone.
Step 2 – Creating a Wallet
Once you have downloaded the App, you then have to create a Digital Wallet. All you do is click on ‘Create new wallet’. This is for new users but if you already have wallet address using Elrond blockchain, you can click on ‘Import existing wallet’ to export your old wallet here.
Step 3 – Securing your xPortal Account
This is very important for security reasons, all you do is create a PIN code to unlock your account every time you access it.
You are to one to provide a four digit code (of which you will re-enter it again for confirmation). To do this, you will click on ‘Create new PIN’
Step 4 – Backing up your Wallet
The essence of this is to enable recover your crypto wallet if you lose or change your smartphone. You can Manually or Automatically back up your wallet to the Google Drive Cloud service. But the best option to this is doing it manually.
You can create your custom name tag on the platform but before that you need to back up. Therefore you need to tap on the ‘Backup Wallet Option’ that will pop-up on the screen. You will then choose to back up manually using Google Drive option.
Then you will be shown a 24-word seed phrase, which you should write down and store safely (I recommend that you send to your email).
Alternatively, the easier option can be the Google Drive. All you do is tap the ‘Back up to Google Drive’ button and provide a name for your backup file. Tap on ‘Continue’ to provide a password for the backup.
Step 5 – Claiming your Custom @herotag
Now you can create your custom name tag. Just go back to the default wallet page, and then tap on ‘Claim your @herotag’ button at the top of the screen. Then provide a unique name tag that will easily identify your wallet. You should create a name that you can remember because it will be used in receiving funds.
xPortal Review – xPortal App Review
In discussing the Review of this platform, we will be knowing their Pros and also their Cons and we will try to answer the question if this platform is safe to join.
You can help us improve this xPortal Review by dropping your thoughts in the comment section at the end of this article.
Do you know: BookScouter App enables you Sell and Buy used Books
xPortal Review – Pros
- A user friendly app where users can navigate easily
- It is free to download and use
- It is available for both Android and iOS
- This App is available Globally
- The App offers an all-under-one-room experience with a suite of features and functionality
- It provides a level of security to help you safeguard your assets.
- The platform offers an wider variety of service which include NFTs and swaps.
xPortal Review – Cons
- The Cloud-backup option for seed phrase only supports Google Drive
- The wallet offers limited support for digital currencies.
Check out: Firstnell Loan App Review
Is this Platform Safe to Join?
This is a safe mobile app where you can store and monitor your assets because of the systems they have put in place to make this possible. These systems are;
- Account Security: In case you lose your phone or change it, you can recover your account using your phone number.
- End-to-end message Encryption: Your messages to friends are secured
- Minimal data collection: They don’t demand KYC details. It is just a straight forward App.
- Wallet Security
- Password and Biometric Protection
Is xPortal Legit
My verdict to this is that xPortal is a legitimate platform and not a scam. If you have a different view from this, then drop a comment in the section below to help us develop this xPortal Review.
Conclusion
Now this is a great App that offers lots of features that Crypto enthusiast will love. You can get started with using them to also confirm what you have read in this article.
In a single wallet app, you can do lots of things to your assets which include watching it (to notice price update), and also a Market place.
Talking about security, the platform enables you to back up your account to make it secure so as to help you in case you lose your phone.
