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Crypto Hardware Wallet with Fingerprint Recognition launched in Hong Kong, a Hong Kong-based crypto exchange, has launched a new type of hardware wallet that features fingerprint recognition.

The device supports over 10,000 cryptocurrencies with the and a multi-signature functionality with over 40 public chains.

The notable cryptocurrency exchange,, had announced the launch of the $1 hardware wallet that had supported the multi-signature functionality and also a unique way to keep the funds secure. The $1 device is also different, for it comes with a fingerprint recognition that has been located on the built-in display.’s CMO, Marie Tatibouet, had detailed that the fingerprint has created an exclusive and unique password for every $1 proprietor.

“The private key is locked in the hardware itself, safely away from the internet, and it makes it more convenient in signature signing when the user makes a daily use transfer,” Tatibouet elaborated during the announcement.

The company claims that all the owner needs is a computer or a smartphone, and then it can be authorized as a transfer transaction with a fingerprint. believes that the $1 framework will boost the firm’s Gatechain project and the DeFi use cases.

“Wallet S1 can be used in combination with a Vault address at Gatechain,” summarizes. The exchange considers the new S1 maneuver to be “the first hardware wallet with the world-leading fingerprint recognition algorithm which can auto initialize when detecting brute-force attack.” S1 is also driven by the flagship SOC chip and unique dual- CPU architecture. assumes that crypto-asset security is tremendously important in the DeFi space. The non-custodial services allow the crypto users to limit themselves from the restrictions imposed by the centralized platform. The firm says that the $1 hardware wallet will start at $50, and each unit is 60mm x 20mm x 6mm in size. The hardware device then works in harmony with the platform.

The Hong Kong trading platform‘s new device joins a myriad of hardware wallets available on the open market. It includes the products from Bitbox, Bitlox, Coldcard, Coolwallet, Ellipal, Keepkey, Ledger, Ngrave, and Trezor.

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