Wallet Management
Armor Wallet has two types of wallet accounts. Both are non-custodial.
Last updated
Armor Wallet has two types of wallet accounts. Both are non-custodial.
Last updated
Native wallets are non-custodial wallets that users create and only they have the keys to them. These wallets are created on the front end of a web browser or on a mobile app and rely on the user to manage their keys. The wallet does nothing beyond sending, receiving, and signing transactions.
The native wallets do have interaction with the account abstraction and security precautions built into Armor Wallet.
Users can create as many wallets as they wish and need to keep track of all of them on their own.
Bot wallets are also non-custodial wallets that the user creates but the keys reside on the server and the bot can sign transactions on behalf of the user in order to automate trading and set up more sophisticated trading when the user might be away from their computer.
Bot wallets are very useful if you are trading a lot or doing more complex transactions such as DCAing or adding a stop-loss to a trade. Basically a bot is useful when time is the key consideration in the trade.
Armor's gaming wallet is unique in that it's specifically structured to support integration with Web3 games. with this wallet, a game developer can use the Armor SDK and integrate a login and wallet connection to the game without having the user sign anything.
The wallet automatically tags tokens with the name of the game and you can easily differentiate all of the various tokens you get in the many Web3 games out there.
For more details see Game Connect.