OnePlus May Be Working on Introducing Its Cryptocurrency Wallet, Survey Suggests


OnePlus could possibly be the subsequent massive title within the rising market of cryptocurrencies led by Bitcoin because the Chinese language firm is discovered to be conducting a survey on blockchain analysis. The survey is geared toward getting consumer suggestions on cryptocurrencies. The corporate is asking customers whether or not they have used buying and selling platforms equivalent to Coinbase, Gemini, Robinhood, and Binance. It appears to be a touch at OnePlus venturing into the cryptocurrency platform/ pockets house. Bitcoin and different digital currencies equivalent to Ethereum and Dogecoin have turn into fairly fashionable amongst younger smartphone customers, particularly due to the straightforward entry to cryptocurrency buying and selling apps. This might need led OnePlus to consider a local resolution for its customers to at the very least retailer cryptocurrencies — if not make investments and commerce.

As initially reported by MySmartPrice, the survey titled OnePlus Blockchain Analysis suggests the corporate’s curiosity in constructing a product round cryptocurrency. Though the main focus of the survey from its title solely seems to be round understanding the blockchain know-how, a few of the questions obtainable to its respondents trace on the growth of a brand new cryptocurrency platform that could possibly be a pockets to save lots of digital property equivalent to Bitcoin.

The survey asks customers about whether or not they spend money on cryptocurrencies and which platforms they use for the funding. It additionally features a query on understanding issues and inconvenience traders have encountered when investing in or holding a cryptocurrency. Additional, the corporate is looking for data on whether or not the respondents have used any “software program sizzling wallets” such because the Coinbase Pockets or MetaMask.

Devices 360 has reached out to OnePlus for a touch upon the matter and can replace this house when the corporate responds.

Cryptocurrency stays a really risky funding. You’d know you probably have been studying about or monitoring Bitcoin price in India. However nonetheless, corporations in tech seem to have plans to step into the cryptocurrency market.

OnePlus rival and one of many main smartphone distributors Samsung has been supporting Bitcoin and different fashionable cryptocurrencies on its Galaxy smartphones because the launch of the Galaxy S10 in February 2019. The South Korean firm provides its Blockchain Pockets to supply help for the favored cash. It additionally recently updated the pockets with help for third-party {hardware} wallets.

Just a few days again, Apple was additionally found to have interest in coming into the cryptocurrency world. The Cupertino-based firm posted a gap for a enterprise growth supervisor with expertise within the cryptocurrency trade. It could possibly be to natively begin supporting Bitcoin transactions by means of Apple units.

That mentioned, conventional traders nonetheless do not favor investing a lot in cryptocurrencies, owing to their volatility and problems like the ripple effect, which implies the drop within the worth of 1 additionally impacts different cryptocurrencies.

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Cryptocurrency Prices across Indian exchanges

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Jagmeet Singh writes about shopper know-how for Devices 360, out of New Delhi. Jagmeet is a senior reporter for Devices 360, and has steadily written about apps, laptop safety, Web providers, and telecom developments. Jagmeet is accessible on Twitter at @JagmeetS13 or Electronic mail at Please ship in your leads and suggestions.

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